BUDGET AND FINANCE COMMITTEE

Monday, March 20, 2017

ROOM 1010, CITY HALL - 2:00 PM

200 NORTH SPRING STREET, LOS ANGELES, CA 90012

 

MEMBERS:    COUNCILMEMBER PAUL KREKORIAN, CHAIR
  COUNCILMEMBER MITCHELL ENGLANDER
  COUNCILMEMBER NURY MARTINEZ
COUNCILMEMBER BOB BLUMENFIELD
  COUNCILMEMBER MIKE BONIN

 

(Richard Williams - Legislative Assistant - (213) 978-1071 or email richard.williams@lacity.org)

Click here for agenda packets


Note: For information regarding the Committee and its operations, please contact the Committee Legislative Assistant at the phone number and/or email address listed above. The Legislative Assistant may answer questions and provide materials and notice of matters scheduled before the City Council. Sign Language Interpreters, Communication Access Real-Time Transcription (CART), Assistive Listening Devices, or other auxiliary aids and/or services may be provided upon request. To ensure availability, you are advised to make your request at least 72 hours prior to the meeting/event you wish to attend. Due to difficulties in securing Sign Language Interpreters, five or more business days notice is strongly recommended. For additional information, please contact the Legislative Assistant listed above.

 

MULTIPLE AGENDA ITEM COMMENT
GENERAL PUBLIC COMMENT
ITEM NO. (1)
17-0199
CD 10

The Committee may recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Caesar Carvajal v. City of Los Angeles and Luis Monreal, Los Angeles Superior Court Case No. BC492660. (This matter involves an alleged vehicle versus pedestrian traffic accident which occurred on 11th Avenue near the intersection at Montclair Avenue, in the City of Los Angeles.)

 

 

ITEM NO. (2)
17-0206
CD 15

The Committee may recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Cesar Octavio Otero v. City of Los Angeles, et al., United States District Court Case No.CV05-04248 PLA. (This litigation stems from an incident which occurred at 10933 Anzac Avenue during the evening of June 11, 2004.)

 

 

ITEM NO. (3)
17-0103

The Committee may recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Globalvision Systems, Inc. v. City of Los Angeles, Los Angeles Superior Court Case No. BC579937. (This matter involves Plaintiff seeking a refund of business taxes paid by the Plaintiff.)

 

 

ITEM NO. (4)
17-0271

The Committee may recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Iola Propps and Greg Eaddy v. City of Los Angeles, et al., Los Angeles Superior Court Case No. BC534171. (This matter arises from an incident involving members of the Los Angeles Police Department that occurred on May 16, 2013.)

 

 

ITEM NO. (5)
17-0252
CD 4

The Committee may recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Janet Conn v. City of Los Angeles, Los Angeles Superior Court Case No. BC591644. (This matter arises from an incident that occurred on December 9, 2014, where the Plaintiff tripped on a raised sidewalk at 5229 West Second Street in Los Angeles.)

 

 

ITEM NO. (6)
17-0250
CD 11

The Committee may recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Regina Sweeney v. City of Los Angeles, Los Angeles Superior Court Case No. BC556799. (This matter involves a trip-and-fall incident, which allegedly occurred on May 8, 2014 inside Pacific Community Police Station, in the City of Los Angeles.)

 

 

ITEM NO. (7)
16-0600-S173

City Administrative Officer (CAO) report relative to the Mid-Year (Third) Financial Status Report for Fiscal Year 2016-17.

 

Fiscal Impact Statement Submitted:  Yes.

Community Impact Statement:  None submitted.

 

 

ITEM NO. (8)
17-0234

Controller report relative to the revenue forecast for Fiscal Years 2016-17 and 2017-18, and debt service and General Fund cash flow borrowing requirements.

 

Fiscal Impact Statement submitted:  No.

Community Impact Statement:  None submitted.

 

 

ITEM NO. (9)
17-0284

Office of Finance report relative to authorization to execute a contract with Bank of New York Mellon, for a five-year term, with one five-year option to renew, to provide financial custody and securities lending services. (TIME LIMIT ITEM – MAY 13, 2017; LAST DAY FOR COUNCIL ACTION – MAY 12, 2017)

 

Fiscal Impact Statement submitted:  Yes.

Community Impact Statement:  None submitted.

 

 

 

 

If you challenge this Committee's action(s) in court, you may be limited to raising only those issues you or someone else raised at the public hearing described in this notice, or in written correspondence delivered to the City Clerk at or prior to, the public hearing. Any written correspondence delivered to the City Clerk before the City Council's final action on a matter will become a part of the administrative record.

Materials related to an item on this agenda submitted to the committee after distribution of the agenda packet are available for public inspection in the City Clerk's Office at 200 North Spring Street, Room 395, City Hall, Los Angeles, CA 90012 during normal business hours.