City Council

(63) 26-0002-S2 RULES, ELECTIONS AND INTERGOVERNMENTAL RELATIONS COMMITTEE REPORT and RESOLUTION relative to establishing the City’s position on any legislative and/or administrative action that designates the Los Angeles Cleantech Incubator (LACI) as the implementation partner for the California Climate Innovation Fund (CCIF). Recommendation for Council action, pursuant to Resolution (Yaroslavsky - Jurado), SUBJECT TO THE CONCURRENCE OF THE MAYOR: RESOLVE to: a. Include in the City’s 2025-26 State Legislative Program SUPPORT for legislative and/or administrative action that designates the LACI as the implementation partner for the $85 million CCIF. b. Support a framework where the Governor’s Office of Business and Economic Development (GO-Biz) distributes these funds to LACI to support statewide climate-tech innovation, a statewide cleantech debt fund, and regional workforce training programs that align with the state’s ambitious greenhouse gas reduction targets. Fiscal Impact Statement: None submitted by the Chief Legislative Analyst. The City Administrative Officer has not completed a financial analysis of this report.