| 20250409 |
LA County |
Los Angeles |
City Council |
Item |
(4)
24-1552
CD 14
PUBLIC WORKS COMMITTEE REPORT relative to preparing and presenting
an ordinance to dedicate a city parcel located at the triangle intersection of
Genevieve Avenue, Kipling Avenue and Monte Bonito Drive, as public right-of-
way.
Recommendation for Council action, pursuant to Motion (de Leon –
Rodriguez):
REQUEST the City Attorney, with the assistance of the Department of General
Services and the Bureau of Engineering, to prepare and present an ordinance
to dedicate a city parcel located at the triangle intersection of Genevieve
Avenue, Kipling Avenue and Monte Bonito Drive, Assessor's Parcel No. 5690-
022-900, as public right-of-way.
Fiscal Impact Statement: Neither the City Administrative Officer nor the Chief
Legislative Analyst has completed a financial analysis of this report. |
April 09, 2025
LA County
Los Angeles
City Council
Item
#4
|
| 20250409 |
LA County |
Los Angeles |
City Council |
Item |
(2)
14-0943-S3
RELATED TO COUNCIL FILE NO. 14-0943
HEARING TESTIMONY AND COMMENTS relative to the establishment of the
Los Angeles Tourism Marketing District, pursuant to the provisions of Section
54954.6 of the Government Code and Section 36600 et seq. of the Streets and
Highways Code.
(Final Hearing scheduled for Tuesday, May 13, 2025 pursuant to adoption
of Ordinance of Intention No. 188565 by the City Council on March 18,
2025) |
April 09, 2025
LA County
Los Angeles
City Council
Item
#2
|
| 20250409 |
LA County |
Los Angeles |
City Council |
Item |
(1)
14-0943
RELATED TO COUNCIL FILE NO. 14-0943-S3
HEARING OF PROTESTS and ORDINANCE FIRST CONSIDERATION
relative to the modification of the Los Angeles Tourism Marketing District,
pursuant to Section 54954.6 of the California Government Code, Section
36663 et seq. of the California Streets and Highways Code.
Recommendations for Council action, SUBJECT TO THE APPROVAL OF THE
MAYOR:
1. HEAR PROTESTS against the proposed establishment of the Los
Angeles Tourism Marketing District, pursuant to Section 36600 et seq. of
the California Streets and Highways Code.
2. PRESENT and ADOPT accompanying ORDINANCE, dated April 3, 2025,
establishing the Los Angeles Tourism Marketing District and confirming
the assessments to be levied upon lodging businesses with 50 or more
rooms within the Los Angeles Tourism Marketing District as described in
the Management District Plan, if a majority protest, as defined by Section
36623(b) of the California Streets and Highways Code is found not to
exist.
Fiscal Impact Statement: |
April 09, 2025
LA County
Los Angeles
City Council
Item
#1
|
| 20250408 |
LA County |
Los Angeles |
City Council |
Item |
(6)
21-1155
CD 14
HEARING TESTIMONY AND COMMENTS relative to the proposed levy of
assessment of the Little Tokyo Business Improvement District,
pursuant to the provisions of Section 54954.6 of the Government Code and
Section 36500 et seq. of the Streets and Highways Code.
(Final Hearing scheduled for May 7, 2025 pursuant to adoption of Ordinance of
Intention No. 188566 by the City Council on March 18, 2025) |
April 08, 2025
LA County
Los Angeles
City Council
Item
#6
|
| 20250408 |
LA County |
Los Angeles |
City Council |
Item |
(14)
16-0678
BUDGET AND FINANCE COMMITTEE REPORT relative to Office of Finance
executing Amendment No. 3 to Contract C-127800 with Electronic Output
Solutions, Incorporated, for variable imaging, mailing, and electronic billing
communication services.
Recommendations for Council action:
1. APPROVE and AUTHORIZE the Director, Office of Finance, or designee,
to execute, the proposed Third Amendment with Electronic Output
Solutions, Inc. (EOS) for variable imaging, and electronic billing
communications services to extend the contract term by two years for a
cumulative five-year term from June 1, 2022 through May 30, 2027,
subject to City Attorney review as to form.
2. INSTRUCT the Office of Finance to ensure that Electronic Output
Solutions has the appropriate compliance documentation related to the
Contractor Responsibility Ordinance prior to executing the proposed
Amendment.
Fiscal Impact Statement: The City Administrative Officer (CAO) reports that
approval of the proposed Amendment may result in a General Fund impact to
the extent that the Department’s request for additional funds in the Financial
Status Report is not funded through an existing General Fund current year
appropriation.
Financial Policies Statement: The CAO reports that the recommendations in
this report comply with the City’s Financial Polices to the extent that current
expenditures will be funded by current revenues. |
April 08, 2025
LA County
Los Angeles
City Council
Item
#14
|
| 20250408 |
LA County |
Los Angeles |
City Council |
Item |
(13)
25-0337
BUDGET AND FINANCE COMMITTEE REPORT relative to authorizing the
Office of Finance to execute an agreement with Avenu Insights and Analytics,
LLC, for collections management system and database services.
Recommendations for Council action:
1. APPROVE and AUTHORIZE the Director, Office of Finance, or designee,
to execute an agreement with Avenu Insights & Analytics, LLC for a
collections management system and database services for a term of five
years, with two additional optional two-year extensions, for a cumulative
term of nine years, up to $1.03 million in costs for the initial five-year
term, effective July 1, 2024 through June 30, 2029, subject to the review
of the City Attorney as to form.
2. INSTRUCT the Office of Finance to append the latest City Standard
Provisions, Software License and Services Agreement (SLSA), and the
Service Termination Authorization Code as part of the Agreement.
3. INSTRUCT the Office of Finance, prior to executing the contract, to
ensure that the Contractor submits current insurance documentation
meeting the limits deemed appropriate by the Office of the City
Administrative Officer’s Risk Manager through KwikComply and the
submitted Disclosure Ordinance form and Equal Benefits and First
Source Hiring ordinance forms are verified by the Bureau of Contract
Administration.
Fiscal Impact Statement: The City Administrative Officer (CAO) reports that
there is no additional impact to the General Fund as funding for this Agreement
is available in the Department’s Contractual Services Account for Fiscal Year
2024-25. Continuation of the Agreement in subsequent years will be contingent
upon the approval of funding through the City’s annual budget process.
Financial Policies Statement: The CAO reports that the recommendations in
this report comply with the City’s Financial Policies in that on-going revenues
will be used to fund these on-going expenses. |
April 08, 2025
LA County
Los Angeles
City Council
Item
#13
|
| 20250408 |
LA County |
Los Angeles |
City Council |
Item |
(11)
25-0323
ENERGY AND ENVIRONMENT COMMITTEE REPORT, RESOLUTIONS and
ORDINANCE FIRST CONSIDERATION relative to the issuance of Los Angeles
Wastewater System Subordinate Revenue Bonds, Series 2025-A, Series 2025-
B, and Refunding Series 2025-C, and of Los Angeles Wastewater System
Revenue Bonds, Refunding Series 2025-A.
Recommendations for Council action, SUBJECT TO THE APPROVAL OF THE
MAYOR:
1. ADOPT the accompanying Twenty-Ninth Supplemental Subordinate
General RESOLUTION, attached to the City Administrative Officer (CAO)
report dated March 21, 2025, attached to the Council file, which
authorizes the negotiated sale of up to $900 million of Los Angeles
Wastewater System Subordinate Revenue Bonds, Series 2025 (the
“2025 Subordinate Bonds”), including refunding bonds, in one or more
series, on a tax-exempt and taxable basis, reaffirms previously proposed
amendments and supplements to the Subordinate General Resolution
which require bondholder consent, and authorizes the execution of
various documents required to consummate the transactions, including
approval for the CAO to take necessary actions required to manage and
effectuate the transaction.
2. ADOPT the accompanying Thirty-First Supplemental General
RESOLUTION, attached to said CAO report, which authorizes the
negotiated sale of up to $800 million of Los Angeles Wastewater System
Revenue Bonds, Series 2025 (the “2025 Senior Bonds,” and together
with the 2025 Subordinate Bonds, the “Bonds”), including refunding
bonds, in one or more series, on a tax-exempt and taxable basis,
proposes amendments and supplements to the General Resolution
which require bondholder consent, and authorizes the execution of
various documents required to consummate the transactions, including
approval for the CAO to take necessary actions required to manage and
effectuate the transaction.
3. PRESENT and ADOPT the accompanying FUND ORDINANCE, dated
March 21, 2025, providing for the issuance of subordinate and senior
bonds for the Wastewater System and amending Section 5.168.1 of
Article 5 of Chapter 9 of Division 5 of the Los Angeles Administrative
Code to create special funds related to the issuance of those bonds and
to facilitate compliance with certain tax law requirements for the
Wastewater System revenue bond program; and, to create new special
funds for recording accounting transactions in connection with refunding
of commercial paper issuances with the Bonds, for the purpose of
payment of principal and interest on the Bonds, and for the administration
of the bond proceeds released from the reserve fund for Senior Lien
Bonds and other reimbursements received by the City to facilitate
compliance with certain federal tax law requirements.
4. AUTHORIZE the CAO to make technical corrections and adjustments as
necessary to those transactions included in this report to implement the
Council’s intentions.
Fiscal Impact Statement: The CAO reports that there is no impact to the
General Fund from approval of the proposed recommendations in said CAO
report. Principal and interest on the Bonds will be paid solely from revenues
and from amounts in the Sewer Construction and Maintenance Fund.
Financial Policies Statement: The CAO reports that the recommendations in
said CAO report comply with the City’s Financial Policies in that principal and
interest on the Bonds will be paid from the Sewer Construction and
Maintenance Fund.
Debt Impact Statement: The CAO reports that there is no debt impact to the
City’s General Fund from the approval of the recommendations in said CAO
report as debt service on the Bonds will be paid from the Sewer Construction
and Maintenance Fund. Based on current market rates, total debt service for
the approximate $798 million of 2025 Subordinate Bonds is projected to be
$1.4 billion, including $606 million in interest, over 30 years at an interest rate
of 4.47 percent. Total debt service for the approximate $470 million of 2025
Senior Bonds is projected to be $727 million, including $257 million in interest,
over 20 years at an interest rate of 3.71 percent. The refunding components of
the 2025 Subordinate Bonds are expected to generate present value savings
of approximately $43 million or 8.23 percent of the refunded bonds. The 2025
Senior Bonds are expected to generate present value savings of approximately
$32 million or 6.24 percent of the refunded bonds. The estimated debt service,
interest rates, and projected savings are based on market conditions as of
March 17, 2025. Actual debt service, interest rates, and savings will be
determined at the time of pricing. |
April 08, 2025
LA County
Los Angeles
City Council
Item
#11
|