City Council

(4) 15-1207-S10 CD 9 ORDINANCE SECOND CONSIDERATION relative to amending the Los Angeles Administrative Code (LAAC) to permit the previously established Series 2025 Construction Fund No. 27M to receive, invest, and expend proceeds of the Series 2026 Bonds to be issued by the Municipal Improvement Corporation of Los Angeles (MICLA), in one or more series, with such additional series and subseries designations as Recommendations for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR: ADOPT the accompanying ORDINANCE, dated July 23, 2026, amending Section 5.162.55 of Article 2.5 of Chapter 9 of Division 5 of the LAAC to permit the previously established Series 2025 Construction Fund No. 27M to receive, invest, and expend proceeds of the Series 2026 Bonds to be issued by the MICLA, in one or more series, with such additional series and subseries designations as