City Council Meeting

Los Angeles City Council, Journal/Council Proceeding Friday, September 19, 2025 JOHN FERRARO COUNCIL CHAMBER ROOM 340, CITY HALL 200 NORTH SPRING STREET, LOS ANGELES, CA 90012 - 10:00 AM (For further details see Official Council Files) (For communications referred by the President see Referral Memorandum) Roll Call Members Present: Harris-Dawson, Hutt, Lee, Jurado, McOsker, Nazarian, Padilla, Park, Price Jr., Soto-Mart​ínez (10); Absent: Blumenfield, Hernandez, Raman, Rodriguez, Yaroslavsky (5) Approval of the Minutes Commendatory Resolutions, Introductions and Presentations - SEE ATTACHED Multiple Agenda Item Comment Public Testimony of Non-agenda Items Within Jurisdiction of Council Items for which Public Hearings Have Been Held (1) 25-0965 CD 10 ARTS, PARKS, LIBRARIES, AND COMMUNITY ENRICHMENT COMMITTEE REPORT relative to developing a neighborhood park at the Park and Ride site located on 2541 South Genesee Avenue. Recommendation for Council action, pursuant to Motion (Hutt – Yaroslavsky): REQUEST the Department of Water and Power and the Department of Recreation and Parks to report to Council on the feasibility of developing a neighborhood park at the Park and Ride site located on Friday - September 19, 2025 - PAGE 1  2541 South Genesee Avenue, Los Angeles, California 90016. Fiscal Impact Statement: Neither the City Administrative Officer nor the Chief Legislative Analyst has completed a financial analysis of this report. Community Impact Statement: None submitted Adopted Item Forthwith Ayes: Harris-Dawson, Hutt, Jurado, Lee, McOsker, Nazarian, Padilla, Park, Price Jr., Soto-Mart​ínez (10); Nays: (0); Absent: Blumenfield, Hernandez, Raman, Rodriguez, Yaroslavsky (5) (2) 25-0846 CD 10 ARTS, PARKS, LIBRARIES, AND COMMUNITY ENRICHMENT COMMITTEE REPORT relative to the feasibility of developing a park at 2927 West Exposition Place in Council District 10. Recommendation for Council action, pursuant to Motion (Hutt – Hernandez): INSTRUCT the Department of Recreation and Parks, with assistance from the Bureau of Engineering and Los Angeles County Metropolitan Transportation Authority, to report to Council, with input from the local community, on the feasibility of developing a park at 2927 West Exposition Place in Council District 10. Fiscal Impact Statement: Neither the City Administrative Officer nor the Chief Legislative Analyst has completed a financial analysis of this report. Community Impact Statement: None submitted Adopted Item Forthwith Ayes: Harris-Dawson, Hutt, Jurado, Lee, McOsker, Nazarian, Padilla, Park, Price Jr., Soto-Mart​ínez (10); Nays: (0); Absent: Blumenfield, Hernandez, Raman, Rodriguez, Yaroslavsky (5) (3) 23-0935 TRANSPORTATION COMMITTEE REPORT relative to transportation investment prioritization using the Community Health Equity (CHE) Friday - September 19, 2025 - PAGE 2  Index and complementary data sources. Recommendation for Council action: NOTE and FILE the Department of Transportation (DOT) report dated August 20, 2025, attached to the Council file, relative transportation investment prioritization using the CHE Index and complementary data sources. Fiscal Impact Statement: The DOT reports that there is no impact to the General Fund. Neither the City Administrative nor the Chief Legislative Analyst has completed a financial analysis of this report. Community Impact Statement: None submitted Adopted Item Forthwith Ayes: Harris-Dawson, Hutt, Jurado, Lee, McOsker, Nazarian, Padilla, Park, Price Jr., Soto-Mart​ínez (10); Nays: (0); Absent: Blumenfield, Hernandez, Raman, Rodriguez, Yaroslavsky (5) (4) 22-1316 CONSIDERATION OF MOTION (LEE – RODRIGUEZ) relative to a transfer of funds to cover essential program-related expenses for the Resiliency in Communities After Stress and Trauma (ReCAST) grant program. (Public Safety Committee report to be submitted in Council. If public hearing is not held in Committee, an opportunity for public comment will be provided.) (Click on www.lacouncilfile.com for background documents.) Community Impact Statement: None submitted Adopted Item Forthwith - SEE ATTACHED Ayes: Harris-Dawson, Hutt, Jurado, Lee, McOsker, Nazarian, Padilla, Park, Price Jr., Soto-Mart​ínez (10); Nays: (0); Absent: Blumenfield, Hernandez, Raman, Rodriguez, Yaroslavsky (5) (5) 25-0315 Friday - September 19, 2025 - PAGE 3  TRADE, TRAVEL AND TOURISM, ENERGY AND ENVIRONMENT, and RULES, ELECTIONS AND INTERGOVERNMENTAL RELATIONS COMMITTEES’ REPORT relative to a review of the current structure, operation, and budgeting process of the Department of Water and Power (DWP), Port of Los Angeles (POLA), and the Los Angeles World Airports (LAWA). Recommendation for Council action, pursuant to Motion (McOsker, Padilla for Park – Blumenfield): DIRECT the Chief Legislative Analyst (CLA) and the City Administrative Officer (CAO) to: a. Review the current organizational structures, operations, and budgeting processes of the DWP, POLA, and LAWA to identify inefficiencies, overlaps, and opportunities for reform. The report should include the 2024 policy measures referred by the City Council to the Charter Reform Commission. b. Report on recommended reforms, potential cost savings, and strategies to ensure that these departments are operating in a way that prioritizes both fiscal responsibility and quality service delivery. Additionally, these recommendations should include timelines needed for implementation for potential reforms to be considered for the 2026 ballot measure. Fiscal Impact Statement: Neither the CAO nor the CLA has completed a financial analysis of this report. Community Impact Statement: None submitted Adopted Item Forthwith Ayes: Harris-Dawson, Hutt, Jurado, Lee, McOsker, Nazarian, Padilla, Park, Price Jr., Soto-Mart​ínez (10); Nays: (0); Absent: Blumenfield, Hernandez, Raman, Rodriguez, Yaroslavsky (5) (6) 25-0808 RULES, ELECTIONS AND INTERGOVERNMENTAL RELATIONS COMMITTEE REPORT relative to the proposed new Conflict of Interest (COI) Code for the Community Investment for Families Friday - September 19, 2025 - PAGE 4  Department (CIFD). Recommendation for Council action: APPROVE the proposed new COI Code for the CIFD provided as Attachments A, B, and C of the City Ethics Commission report dated July 23, 2025, attached to the Council file. Fiscal Impact Statement: None submitted by the City Ethics Commission. Neither the City Administrative Officer nor the Chief Legislative Analyst has completed a financial analysis of this report. Community Impact Statement: None submitted. TIME LIMIT FILE - OCTOBER 21, 2025 (LAST DAY FOR COUNCIL ACTION - OCTOBER 21, 2025) Adopted Item Forthwith Ayes: Harris-Dawson, Hutt, Jurado, Lee, McOsker, Nazarian, Padilla, Park, Price Jr., Soto-Mart​ínez (10); Nays: (0); Absent: Blumenfield, Hernandez, Raman, Rodriguez, Yaroslavsky (5) (7) 25-0002-S74 RULES, ELECTIONS AND INTERGOVERNMENTAL RELATIONS COMMITTEE REPORT and RESOLUTION relative to establishing the City’s position on any legislative and/or administrative action that would increase the annual cap for U nonimmigrant status visas (U Visa). Recommendation for Council action, pursuant to Resolution (Rodriguez – Soto-Martinez, Jurado), SUBJECT TO THE CONCURRENCE OF THE MAYOR: RESOLVE to include in the City’s 2025-26 Federal Legislative Program SUPPORT for any legislative and/or administrative action that would increase the annual cap for U Visas in the United States. Financial Policies Statement: Neither the City Administrative Officer nor the Chief Legislative Analyst has completed a financial analysis of this report. Friday - September 19, 2025 - PAGE 5  Community Impact Statement: None submitted. Adopted Item Forthwith Ayes: Harris-Dawson, Hutt, Jurado, Lee, McOsker, Nazarian, Padilla, Park, Price Jr., Soto-Mart​ínez (10); Nays: (0); Absent: Blumenfield, Hernandez, Raman, Rodriguez, Yaroslavsky (5) (8) 25-1023 RULES, ELECTIONS AND INTERGOVERNMENTAL RELATIONS COMMITTEE REPORT relative to conducting a comprehensive, multi- year evaluation of alternative legal service models for the City. Recommendation for Council action, pursuant to Motion (McOsker, Yaroslavsky – Raman): INSTRUCT the Chief Legislative Analyst (CLA) and City Administrative Officer (CAO), with assistance from the Office of the City Attorney as necessary, to report to Council in 30 days with recommendations for: a. A multi-year strategy to restructure and modernize the City’s legal service delivery model. This strategy must include, at a minimum: i. Evaluation of alternative models for settlements, including potential delegation of settlement authority thresholds and administrative reforms to eliminate costly delays. ii. A strict framework for the strategic use of outside counsel, including mandatory cost-effectiveness analysis, engagement criteria, and strengthened contract oversight. iii. A comprehensive long-term staffing plan for the City Attorney’s Office that addresses caseload realities, reduces reliance on outside counsel, and ensures accountability for results. iv. Comparative research on legal service models in other large municipalities, with a focus on governance structures, cost drivers, performance outcomes, and lessons learned that Los Angeles can and should adopt. Friday - September 19, 2025 - PAGE 6  v. A review of policy options for the Charter Reform Commission to consider for broader structural reforms of legal service delivery. b. Convening an advisory panel to the City Council of former senior City administrators, former City Attorneys, and independent legal and finance experts to ensure that external perspectives inform structural reform. This panel should be tasked with challenging existing assumptions, benchmarking Los Angeles against its peers, and identifying concrete reforms to strengthen accountability and reduce costs. Fiscal Impact Statement: Neither the CAO nor the CLA has completed a financial analysis of this report. Community Impact Statement: None submitted. Adopted item as Amended by Motion 8A (Park – McOsker) Forthwith - SEE ATTACHED Ayes: Harris-Dawson, Hernandez, Hutt, Jurado, Lee, McOsker, Nazarian, Padilla, Park, Price Jr., Raman, Soto-Mart​ínez, Yaroslavsky (13); Nays: (0); Absent: Blumenfield, Rodriguez (2) (9) 25-0002-S80 RULES, ELECTIONS AND INTERGOVERNMENTAL RELATIONS COMMITTEE REPORT and RESOLUTION relative to establishing the City’s position on Senate Bill (SB) 749 (Allen - Wahab), to preserve mobile home parks and protect mobile home park residents. Recommendation for Council action, pursuant to Resolution (Park – Blumenfield), SUBJECT TO THE CONCURRENCE OF THE MAYOR: RESOLVE to include in the City’s 2025-26 State Legislative Program SUPPORT for SB 749 (Allen - Wahab), an act to amend Sections 798.56 and 798.62 of the Civil Code, and to add Section 65863.15 to the Government Code, relating to housing that would add protections for mobile home parks that are at risk of closure or conversion and provide rent relief to mobile home park residents displaced by natural disasters. Friday - September 19, 2025 - PAGE 7  Fiscal Impact Statement: Neither the City Administrative Officer nor the Chief Legislative Analyst has completed a financial analysis of this report. Community Impact Statement: None submitted. Adopted Item Forthwith Ayes: Harris-Dawson, Hutt, Jurado, Lee, McOsker, Nazarian, Padilla, Park, Price Jr., Soto-Mart​ínez (10); Nays: (0); Absent: Blumenfield, Hernandez, Raman, Rodriguez, Yaroslavsky (5) (10) 24-1491 PUBLIC SAFETY COMMITTEE REPORT relative to acceptance of sub-recipient grant funding for Fiscal Year 2024-25 (FY24/25), to support the City's Victim Assistance Program. Recommendations for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR: 1. AUTHORIZE the City Attorney, or designee, to: a. Accept the grant award in the amount of $2,178,585 from the County of Los Angeles. b. Prepare Controller instructions for any necessary technical adjustments, subject to the approval of the City Administrative Officer (CAO); and, instruct the Controller to implement the instructions. 2. AUTHORIZE the Controller to: a. Establish a receivable within Fund No. 368 in the amount of $2,178,585 from the County of Los Angeles. b. Establish a new appropriation account within Fund No. 368 as follows: Account 12A310 – Victim Assistance Program FY24/25 - $2,178,585. Friday - September 19, 2025 - PAGE 8  c. Transfer up to $232,094 from Fund No. 368/12, Account No. 12A310 – Victim Assistance Program FY24/25 to Fund No. 100/12, Account No. 001010 – Salaries General, as reimbursement for City Attorney salary expenses of the four Resolution Authorities. d. Transfer up to $1,165,012 from Fund No. 368/12, Account No. 12A310 – Victim Assistance Program FY24/25, to Fund No. 100/12, Revenue Source No. 5427 - Reimbursement from Grants, for salary expenses of the 15 grant-reimbursed Regular Authorities. e. Transfer up to $648,256 from Fund No. 368/12, Account No. 12A310 – Victim Assistance Program FY24/25, to Fund No. 100/12, Revenue Source 5346 - Related Cost Reimbursement from Grants, as reimbursement for City Attorney fringe benefits and indirect costs related to the Victim Assistance Program FY24/25. 3. INSTRUCT the City Clerk to place on Council Calendar for July 1, 2025, the following action relative to the Victim Assistance Program FY24/25: That the City Council, subject to the approval of the Mayor, authorize the Controller to transfer $77,365 from Fund No. 368/12, Account No. 12A310 - Victim Assistance Program FY24/25, to Fund No. 100/12, Account No. 001010 - Salaries General, as reimbursement for City Attorney salary expenses of the four Resolution Authorities. Fiscal Impact Statement: The City Attorney reports that the total cost of the Victim Assistance Program FY24/25 is $2,366,501, of which $2,178,585 will be reimbursed by the County of Los Angeles, from a formula grant awarded by the California Office of Emergency Services. The General Fund contribution is $187,916 in related costs (CAP 42) which are already included in the 2024-25 City budget. Community Impact Statement: None submitted Friday - September 19, 2025 - PAGE 9  (Budget and Finance Committee waived consideration of the above matter) Adopted Item Forthwith - SEE ATTACHED Ayes: Harris-Dawson, Hutt, Jurado, Lee, McOsker, Nazarian, Padilla, Park, Price Jr., Soto-Mart​ínez (10); Nays: (0); Absent: Blumenfield, Hernandez, Raman, Rodriguez, Yaroslavsky (5) (11) CD 9 ECONOMIC DEVELOPMENT AND JOBS COMMITTEE REPORT relative to updates on the Los Angeles Convention Center Expansion and Modernization Project. Submits Without Recommendation: 1. NOTE AND FILE the City Administrative Officer (CAO) report dated June 13, 2025, attached to Council file No. 15-1207-S1, relative to updates on the LACC Expansion and Modernization Project. 2. INSTRUCT the CAO, with assistance of City Attorney and Department of Cultural Affairs, to report to Council on the ability to use the one percent of the Arts Development Fee for the renovation of Gilbert Lindsay Plaza. 3. INSTRUCT the Bureau of Engineering, with assistance of CAO, City Tourism Department, and other necessary departments, to report to Council on the potential of doing a stand alone City led project for the renovation of Gilbert Lindsay Plaza, to be done concurrently with the larger Convention Center Renovation and Expansion Project, including projected project costs, a revenue analysis, and possibility of a phased development to account for the 2028 Games. Community Impact Statement: Yes For, if Amended: Downtown Los Angeles Neighborhood Council (Budget and Finance Committee report to be submitted in Council. If public hearing is not held in Committee, an opportunity for public comment will be provided.) Friday - September 19, 2025 - PAGE 10  (Please visit www.lacouncilfile.com for background documents.) Adopted Item as Amended - SEE ATTACHED Ayes: (0); Nays: (0); Absent: (0) No Action Taken. See Item No. 15 on Special Agenda. (12) 15-1207-S3 CD 9 COMMUNICATION FROM THE CITY ADMINISTRATIVE OFFICER and ADDENDUM relative to requesting authorization for the issuance and sale in a principal amount up to $990 million of Municipal Improvement Corporation of Los Angeles (MICLA) lease revenue bonds 2025-A (Los Angeles Convention Center) and MICLA lease revenue bonds series 2025-B (Los Angeles Convention Center) (Federally Taxable). (Budget and Finance Committee report to be submitted in Council. If public hearing is not held in Committee, an opportunity for public comment will be provided.) (Please visit www.lacouncilfile.com for background documents.) Community Impact Statement: None submitted (Economic Development and Jobs Committee waived consideration of the above matter.) Adopted Item as Amended by Motion 12A (Harris-Dawson, et al. – Nazarian) and Motion (McOsker – Harris-Dawson) - SEE ATTACHED Ayes: Harris-Dawson, Hernandez, Hutt, Jurado, Lee, McOsker, Nazarian, Padilla, Park, Price Jr., Soto-Mart​ínez (11); Nays: Raman, Yaroslavsky (2); Absent: Blumenfield, Rodriguez (2) Adopted Item Urgent Forthwith Ayes: Harris-Dawson, Hernandez, Hutt, Jurado, Lee, McOsker, Nazarian, Padilla, Park, Price Jr., Raman, Soto-Mart​ínez, Yaroslavsky (13); Nays: (0); Absent: Blumenfield, Rodriguez (2) Friday - September 19, 2025 - PAGE 11  Items for which Public Hearings Have Not Been Held - (10 Votes Required for Consideration) (13) 25-0005-S76 CD 4 CONTINUED CONSIDERATION OF COMMUNICATION FROM THE LOS ANGELES HOUSING DEPARTMENT (LAHD) and RESOLUTION relative to removing the property at 1801 North Normandie Avenue (Case No. 554846), Assessor I.D. No. 5544-012-010, from the Rent Escrow Account Program (REAP). Recommendation for Council action: APPROVE the LAHD report recommendation dated July 15, 2025, attached to the Council file, and ADOPT the accompanying RESOLUTION removing the property at 1801 North Normandie Avenue (Case No. 554846), Assessor I.D. No. 5544-012-010, from the REAP. Fiscal Impact Statement: None submitted by the LAHD. Neither the City Administrative Officer nor the Chief Legislative Analyst has completed a financial analysis of this report Community Impact Statement: None submitted. (Continued from Council meeting of August 6, 2025) Adopted Item Forthwith Ayes: Harris-Dawson, Hernandez, Hutt, Jurado, Lee, McOsker, Nazarian, Padilla, Park, Price Jr., Raman, Soto-Mart​ínez, Yaroslavsky (13); Nays: (0); Absent: Blumenfield, Rodriguez (2) (14) 15-1207-S4 CD 9 COMMUNICATION FROM THE CITY ADMINISTRATIVE OFFICER (CAO) relative to waiving review of the action that the Board of Public Works is anticipated to take on September 22, 2025, on the matter of the execution of a sole source Design Build Contract with AEG Plenary Conventions, LLC, for the Los Angeles Convention Center Expansion and Modernization Project. Recommendation for Council action: Friday - September 19, 2025 - PAGE 12  WAIVE, pursuant to Charter Section 245(b), the review of the action that the Board of Public Works is anticipated to take on September 22, 2025, on the matter of the execution of a sole source Design Build Contract with AEG Plenary Conventions, LLC, for the Los Angeles Convention Center Expansion and Modernization Project. Fiscal Impact Statement: The CAO reports that the recommendation in this report to assert jurisdiction over this action does not have a fiscal impact. Financial Policies Statement: The CAO reports that this action complies with the City's Financial Policies. 10 VOTES REQUIRED* *Journal correction Adopted item as Amended by Motion 14A (Harris-Dawson – McOsker) Forthwith - SEE ATTACHED Ayes: Harris-Dawson, Hernandez, Hutt, Jurado, Lee, McOsker, Nazarian, Padilla, Park, Price Jr., Raman, Soto-Mart​ínez, Yaroslavsky (13); Nays: (0); Absent: Blumenfield, Rodriguez (2) Items Called Special Motions for Posting and Referral Council Members' Requests for Excuse from Attendance at Council Meetings Adjourning Motions - SEE ATTACHED Council Adjournment Friday - September 19, 2025 - PAGE 13  ENDING ROLL CALL Harris-Dawson, Hernandez, Hutt, Lee, Jurado, McOsker, Nazarian, Padilla, Park, Price Jr., Raman, Soto-Mart​ínez, Yaroslavsky (13); Absent: Blumenfield, Rodriguez (2) Whereupon the Council did adjourn. ATTEST: Petty F. Santos, INTERIM CITY CLERK By Council Clerk PRESIDENT OF THE CITY COUNCIL Regular Meeting Recess: 11:32 am Reconvene: 1:48 pm Special Meeting Convene: 11:32 am Adjourn: 1:48 pm Friday - September 19, 2025 - PAGE 14  ADJOURNING MOTIONS MOVED BY SECONDED BY NAME Price All Councilmembers Prudence Dianne Parker Wright  COMMENDATORY RESOLUTIONS MOVED BY SECONDED BY NAME LEE PADILLA SUN DAY  ITEM #4 File No. 22-1316 PUBLIC SAFETY COMMITTEE REPORT relative to authorizing a transfer of funds to continue the operation and effectiveness of the Resiliency in Communities After Stress and Trauma (ReCAST) grant program to cover essential program-related expenses. Recommendation for Council action, pursuant to Motion (Lee - Rodriguez), SUBJECT TO THE APPROVAL OF THE MAYOR: AUTHORIZE the Controller to transfer $124,213.01 from Fund 368/12, Account 12A350 – Resiliency in Communities After Stress and Trauma Program (ReCAST) Year 3 to Fund 100/70, Account 001092 – Sworn Overtime. Fiscal Impact Statement: Neither the City Administrative Officer nor the Chief Legislative Analyst has completed a financial analysis of this report. Community Impact Statement: None submitted Summary: On September 17, 2025, your Public Safety Committee considered a Motion (Lee - Rodriguez) relative to authorizing a transfer of funds to continue the operation and effectiveness of the Resiliency in Communities After Stress and Trauma (ReCAST) grant program to cover essential program-related expenses. After providing an opportunity for public comment, the Public Safety Committee moved to approve the recommendation in the Motion as detailed above. This matter is now forwarded to the Council for its consideration. Respectfully Submitted, PUBLIC SAFETY COMMITTEE MEMBER VOTE LEE YES PRICE YES McOSKER YES SOTO-MARTÍNEZ YES PARK YES HVR 9-17-25 -NOT OFFICIAL UNTIL COUNCIL ACTS- ty V ORIGINAL IauP Imrast T  Item No. 11 File No. 15-1207-S1 BUDGET AND FINANCE COMMITTEE REPORT relative to the Los Angeles Convention Center (LACC) Expansion and Modernization Project. Recommendations for Council action: INSTRUCT the City Administrative Officer (CAO) and the Chief Legislative Analyst (CLA), with the support of other City Departments to: a. Close out all activities associated with the current Convention Center Expansion (LACC Expansion) project plan. b. Use the city’s investment in the Early Works Agreement to evaluate and report back within 30 days with deferred maintenance on the existing footprint Convention Center, upgrades necessary and appropriate to bring the Convention Center into the 21st Century, including technology and accessibility, with options that can be completed prior to March 2028, and a competitive bidding process to select project delivery partners (the “Convention Center Modernization Project”). This Convention Center Modernization Project scope of work should include: major activities, such as installation of Figueroa- facing Digital Signage and installation of Freeway-facing Digital Signage to the degree allowed by law; renovation of Gilbert Lindsay Plaza; implementation of electrical system improvements to ensure adequate electrical service to an expanded LACC and enhanced signage program; focused improvements such as ADA improvements in the West Hall and South Hall; cosmetic upgrades to enhance the visitor experience; elevator and escalator improvements; replacement of West Hall airwalls; repair/replacement of existing Fire Pump systems; upgrades to the South Hall Smoke Control System; replacement of existing facility BIMS controls; and other facility upgrades. c. Identify and report back within 30 days on any infrastructure improvements needed to support the Convention Center Modernization Project, including utility upgrades to support the project, and a plan to initiate and complete those improvements at the earliest possible date, with all work to be completed no later than March 2028. d. Identify and report back within 30 days on any additional actions necessary to reduce risks and deliver the LACC Modernization Project ahead of the 2028 Olympic and Paralympic Games. e. Instruct the CAO, with support of the CLA, Bureau of Engineering (BOE), and the City Tourism Department, to report within 30 days with an expenditure plan to fund the Convention Center Modernization Project. f. Evaluate and report back within 120 days on options to initiate a new Request for Proposal (RFP) for an Expansion project that would expand the footprint of the existing Los Angeles Convention Center upon conclusion of the 2028 Games, and consider and report back on other options for the Convention Center site that would maximize the site’s positive economic impacts on the Downtown Los Angeles and greater regional economy; It should include an evaluation of potential closure of Pico Boulevard instead of a bridge; housing and/or hotels on the Convention Center site. Fiscal Impact Statement: The CAO reports, based on their original recommendations, the full City costs and the General Fund impact will depend on a number of factors including final Project costs, final bond issuance amount and costs including interest costs, and actual Operating Revenues and tax contributions achieved as a result of the Project. As presented in this Report, the total costs of the Project is estimated to be $2,489 million. Based on this cost, the average annual net General Fund impact over the 30 year operating period is estimated to be $61 million, in nominal dollars. This net General Fund impact represents the gap between the Operating Revenues and tax contributions achieved against the operating expenditures and debt service payments required on an annual basis. The net General Fund impact will be greater if the Operating Revenues and tax contributions do not materialize as planned. On an annual basis, the actual amount that the General Fund will need to support the operating expenditures and debt service payments on the Project will be greater than $61 million. From fiscal years 2030-31 to 2036-37, the City would need to budget over $100 million annually from revenues not directly or indirectly derived from the LACC operations. The impact on the General Fund slowly decreases over time and only flips to a positive impact in fiscal year 2055-56 when the final lease payment is made. There is no additional General Fund impact in 2025-26 and 2026-27 as sufficient funding for lease payments (debt service) due in these years will be paid from bond proceeds within the Capitalized Interest Fund. Lease payments beginning on April 15, 2029 (2028-29) through April 15, 2055 (2054-55) will require future annual General Fund budget appropriations in the Capital Finance Administration Fund (Fund No. 100/53). Financial Policies Statement: The CAO reports, based on their original recommendations, that the recommendations in this Report comply with the City’s Financial Policies in as much as they recognize that initiating multi-year projects or adding new items to the budget with future year expenditure requirements, necessitates the City to consider its ability to continue to pay these future year expenses. The issuance of the Bonds will not cause the City’s debt obligation payments to exceed six percent of General Revenues for non-voter approved debt as established in the City’s Financial Policies. After the issuances of the Bonds, the projected non-voter approved debt ratio is the highest in 2030-31 at 3.98 percent. Debt Impact Statement: The CAO reports, based on their original recommendations, that this Report is being considered concurrent to an accompanying report that would authorize the issuance and sale of Municipal Improvement Corporation of Los Angles (MICLA) Lease Revenue Bonds to finance this Project. The Project, if approved, will cause the City, through MICLA, to borrow an estimated total of $2.69 billion in lease revenue bonds. Over the 31 year amortization period, total estimated debt service is $5.39 billion of which $409.43 million will be paid from capitalized interest (bond proceeds) and the remaining $4.98 billion (net debt service) will be payable from lease payments to be made by the City to MICLA, which is an obligation of the General Fund. The estimated average annual debt service is $179.7 million. Final bond maturity is expected to be in 2055-56. The lease payments will require future budget appropriations in the Capital Finance Administration Fund (Fund 100, Department 53). Actual interest rates may differ as rates are dependent on market conditions at the time of issuance. Community Impact Statement: None submitted SUMMARY At a Special meeting held on September 9, 2025, the Budget and Finance Committee considered CLA and CAO reports, and CAO addendum relative to the final direction on the Los Angeles Convention Center Expansion and Modernization Project and finding that the project was assessed in the previously certified Convention and Event Center Project Environmental Impact Report (EIR), and that pursuant to California Environmental Quality Act (CEQA) Guidelines, Sections 15162 and 15164 and the First Addendum and Joint Analysis, dated December 2021, and Second Addendum, dated August 2025, that no major revisions to the EIR are required and no subsequent EIR is required for approval of the project; and related matters. After public comment was heard, and presentations were made, the item was continued to the September 16, 2025 regular meeting of the Budget and Finance Committee. Representatives from the Offices of the CAO, CLA, BOE, DWP, APCLA were present and provided additional details regarding the project, and responded to questions posed by the Committee members. After an opportunity for public comment was held, the Committee Chair introduced substitute recommendations, and a majority of the Committee approved the recommendations in the substitute Motion. This matter is now forwarded to the Council for its consideration. Respectfully Submitted, BUDGET AND FINANCE COMMITTEE MEMBER VOTE YAROSLAVSKY: YES BLUMENFIELD: YES HUTT: NO McOSKER: NO HERNANDEZ: YES MM 15-1207-S1_rpt_BF_9-16-25 -NOT OFFICIAL UNTIL COUNCIL ACTS-  Item No. 12 File No. 15-1207-S3 BUDGET AND FINANCE COMMITTEE REPORT relative to requesting authorization for the issuance and sale in a principal amount up to $990 million of Municipal Improvement Corporation of Los Angeles (MICLA) lease revenue bonds 2025-A (Los Angeles Convention Center) and MICLA lease revenue bonds series 2025-B (Los Angeles Convention Center) (Federally Taxable). Recommendations for Council action: INSTRUCT the City Administrative Officer (CAO) and the Chief Legislative Analyst (CLA), with the support of other City Departments to: a. Close out all activities associated with the current Convention Center Expansion (LACC Expansion) project plan. b. Use the city’s investment in the Early Works Agreement to evaluate and report back within 30 days with deferred maintenance on the existing footprint Convention Center, upgrades necessary and appropriate to bring the Convention Center into the 21st Century, including technology and accessibility, with options that can be completed prior to March 2028, and a competitive bidding process to select project delivery partners (the “Convention Center Modernization Project”). This Convention Center Modernization Project scope of work should include: major activities, such as installation of Figueroa- facing Digital Signage and installation of Freeway-facing Digital Signage to the degree allowed by law; renovation of Gilbert Lindsay Plaza; implementation of electrical system improvements to ensure adequate electrical service to an expanded LACC and enhanced signage program; focused improvements such as ADA improvements in the West Hall and South Hall; cosmetic upgrades to enhance the visitor experience; elevator and escalator improvements; replacement of West Hall airwalls; repair/replacement of existing Fire Pump systems; upgrades to the South Hall Smoke Control System; replacement of existing facility BIMS controls; and other facility upgrades. c. Identify and report back within 30 days on any infrastructure improvements needed to support the Convention Center Modernization Project, including utility upgrades to support the project, and a plan to initiate and complete those improvements at the earliest possible date, with all work to be completed no later than March 2028. d. Identify and report back within 30 days on any additional actions necessary to reduce risks and deliver the LACC Modernization Project ahead of the 2028 Olympic and Paralympic Games. e. Instruct the CAO, with support of the CLA, Bureau of Engineering (BOE), and the City Tourism Department, to report within 30 days with an expenditure plan to fund the Convention Center Modernization Project. f. Evaluate and report back within 120 days on options to initiate a new Request for Proposal (RFP) for an Expansion project that would expand the footprint of the existing Los Angeles Convention Center upon conclusion of the 2028 Games, and consider and report back on other options for the Convention Center site that would maximize the site’s positive economic impacts on the Downtown Los Angeles and greater regional economy;  It should include an evaluation of potential closure of Pico Boulevard instead of a bridge; housing and/or hotels on the Convention Center site. Fiscal Impact Statement: The CAO reports, based on their original recommendations, the first lease payment from the issuance of Municipal Improvement Corporation of Los Angeles (MICLA) Lease Revenue Bonds, Series 2025-A (Los Angeles Convention Center) and Lease Revenue Bonds, Series 2025-B (Los Angeles Convention Center) (Federally Taxable) (the “Series 2025 Bonds”) will be due on April 15, 2026. There is no additional General Fund impact in 2025-26 as sufficient funding for the first lease payment will be paid from bond proceeds within the Capitalized Interest Fund. Lease payments due on April 15, 2026 through October 15, 2028 will be paid from the Capitalized Interest Fund. Lease payments beginning in April 15, 2029 through April 15, 2055 will require future budget appropriations. Similarly, first lease payment from the second bond issuance (the “Series 2026 Bonds”) is expected to be due on April 15, 2027. Expected lease payments due on April 15, 2027 through October 15, 2029 will be paid from the Capitalized Interest Fund. Lease payments beginning in April 15, 2030 through April 15, 2056 will require future budget appropriations. Total estimated debt service is $5.39 billion of which $409.43 million will be paid from capitalized interest (bond proceeds) and the remaining $4.98 billion (net debt service) will be payable from lease payments to be made by the City to MICLA, which is an obligation of the General Fund. The lease payments will require future budget appropriations in the Capital Finance Administration Fund (Fund No. 100/53). Financial Policies Statement: The CAO reports, based on their original recommendations, that the the issuance of the Series 2025 Bonds and the Series 2026 Bonds will not cause the City’s debt obligation payments to exceed six percent of General Revenues for non-voter approved debt as established in the City’s Financial Policies. After the issuances of the Series 2025 Bonds and the Series 2026 Bonds, the projected non-voter approved debt ratio is the highest in 2030-31 at 3.98 percent (Attachment B of the CAO report attached to the Council file). Debt Impact Statement: The CAO reports, based on their original recommendations, that the Series 2025 Bonds will be payable from lease payments made by the City which is a General Fund obligation. Lease payments due on April 15, 2026 through October 15, 2028 will be paid from the Capitalized Interest Fund. Lease payments due on April 15, 2029 through April 15, 2055 will be annually budgeted in the Capital Finance Administration Fund (Fund 100, Department 53). Based on current market rates, the estimated average annual debt service for the Series 2025 Bonds is $63.0 million over 30 years, through May 1, 2055. The total estimated debt service, including total principal and interest, over the life of the Series 2025 Bonds is approximately $1.89 billion. Actual interest rates may differ as rates are dependent on market conditions at the time of issuance. The Series 2026 Bonds will be payable from lease payments made by the City which is a General Fund obligation. Lease payments due on April 15, 2027 through October 15, 2029 will be paid from the Capitalized Interest Fund. Lease payments due on April 15, 2030 through April 15, 2056 will be annually budgeted in the Capital Finance Administration Fund (Fund 100, Department 53). Based on current market rates, the estimated average annual debt service for the Series 2026 Bonds is $116.7 million over 30 years, through May 1, 2056. The total estimated debt service, including total principal and interest, over the life of the Series 2026 Bonds is approximately $3.50 billion. Actual interest rates may differ as rates are dependent on market conditions at the time of issuance. Community Impact Statement: None submitted SUMMARY At a Special meeting held on September 9, 2025, the Budget and Finance Committee considered a CAO report relative to requesting authorization for the issuance and sale in a principal amount up to $990 million of Municipal Improvement Corporation of Los Angeles (MICLA) lease revenue bonds 2025-A (Los Angeles Convention Center) and MICLA lease revenue bonds series 2025-B (Los Angeles Convention Center) (Federally Taxable). After public comment was heard, and presentations were made, the item was continued to the September 16, 2025 regular meeting of the Budget and Finance Committee. Representatives from the Offices of the CAO, CLA, BOE, DWP, APCLA were present and provided additional details regarding the project, and responded to questions posed by the Committee members. After an opportunity for public comment was held, the Committee Chair introduced substitute recommendations, and a majority of the Committee approved the recommendations in the substitute Motion. This matter is now forwarded to the Council for its consideration. Respectfully Submitted, BUDGET AND FINANCE COMMITTEE MEMBER VOTE YAROSLAVSKY: YES BLUMENFIELD: YES HUTT: NO McOSKER: NO HERNANDEZ: YES MM 15-1207-S3_rpt_BF_9-16-25 -NOT OFFICIAL UNTIL COUNCIL ACTS-