Los Angeles
City Council
Agenda Item 5
(5) 26-0009
CD 12 PUBLIC ANNOUNCEMENT OF BALLOT TABULATION and
ORDINANCE FIRST CONSIDERATION relative to establishment of
the Old Granada Village Business Improvement District (District),
pursuant to Section 53753 of the California Government Code, Section
36600 et seq. of the California Streets and Highways Code and Article
XIII D of the California Constitution.
Recommendations for Council action, if the tabulation of ballots
indicates majority support, SUBJECT TO THE APPROVAL OF THE
MAYOR:
1. PRESENT and ADOPT the accompanying ORDINANCE, dated
June 5, 2026, establishing the District and confirming the
assessments to be levied upon properties within the District, as
described in the Management District Plan.
2. AUTHORIZE the City Clerk, subject to approval of the City
Attorney, to prepare, execute and administer an operating
agreement between the City and a non-profit corporation for the
administration of the District’s programs.
Fiscal Impact Statement: The City Clerk reports that direct costs
associated with Department administrative expenses will be charged
to the District and will be recovered from assessments collected.
Assessment levied on zero (0) City-owned properties within the
District to be paid from the General Fund total $0.00 for the first year
of the District. Funding is available in the Business Improvement
District Trust Fund 659 to pay the General Fund share of the
assessment for the first operating year.
Proposition 218 requires the separation of general benefits from the
special benefits. The general benefit portion for the Old Granada
Village Business Improvement District is $3,220.38 for the first year.
However, funds other than assessment revenue must be budgeted
annually for the general benefit expense for the remaining years of
the District’s eight-year term.