City Council

(34) 26-1123 MOTION (PRICE - PARK) relative to negotiating a long-term contract between the City and CBS Studios, Inc. Recommendations for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR: 1. INSTRUCT the City Administrative Officer (CAO) and Chief Legislative Analyst to negotiate a long-term contract between the City and CBS Studios, Inc. (Organizer) for City services required and/or requested to hold the 2026 MTV Video Music Angeles at venues including but not limited to the Peacock Theater and LA Live complex. 2. AUTHORIZE the use of supplemental Police law enforcement services to support the Event and future events, with full reimbursement of Police law enforcement services, in accordance with California Government Code section 53069.8. 3. RECOGNIZE the economic benefit generated by the Event requirements for City services (excluding Police law enforcement services) supporting the Event and future events, pursuant to Los Angeles Municipal Code Sec. 41.20.l(c) Events at Major Sports and Entertainment Venues. 4. AUTHORIZE the CAO to execute and administer a contract between the City and Organizer, and contract amendments to extend the term up to a total of five-years for subsequent events, subject to the approval of the City Attorney as to form and legality.