Los Angeles City Council, Journal/Council Proceeding
Wednesday, August 17, 2016
JOHN FERRARO COUNCIL CHAMBER ROOM 340, CITY HALL 200 NORTH SPRING STREET, LOS ANGELES, CA 90012 - 10:15 AM

SPECIAL COUNCIL MEETING



(For further details see Official Council Files)

(For communications referred by the President see Referral Memorandum)

ROLL CALL
Members Present: Blumenfield, Bonin, Buscaino, Englander, Fuentes, Harris-Dawson, Huizar, Koretz, Krekorian, Martinez, O'Farrell, Price and President Wesson (13); Absent: Cedillo and Ryu (2)
Items for which Public Hearings Have Not Been Held - (10 Votes Required for Consideration)
ITEM NO.(63)16-0908
16-0908

COMMUNICATIONS FROM THE CONTROLLER and CITY ATTORNEY and ORDINANCE FIRST CONSIDERATION relative to levying taxes and setting tax rates for several interest and sinking funds for the bonded indebtedness of the City for Fiscal Year 2016-17.

 

Recommendation for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR:

 

PRESENT and ADOPT the accompanying ORDINANCE, dated August 15, 2016, levying taxes and fixing the tax rates for the several interest and sinking funds for the bonded indebtedness of the City for the fiscal year beginning July 1, 2016, and ending June 30, 2017.

 

Fiscal Impact Statement:  None submitted by the City Attorney. Neither the City Administrative Officer nor the Chief Legislative Analyst has completed a financial analysis of this report.

 

Community Impact Statement: None submitted.

 

(Budget and Finance Committee waived consideration of the above matter)

 

 

Adopted - TO THE MAYOR FORTHWITH, (13); Absent: Cedillo
, Ryu
(2)
Whereupon the Council did adjourn.
Signature

 

ATTEST:  Holly L. Wolcott, CITY CLERK

 

 

 

By

          Council Clerk                                   PRESIDENT OF THE CITY COUNCIL