|Los Angeles City Council, Journal/Council Proceeding|
Friday, August 18, 2017
JOHN FERRARO COUNCIL CHAMBER ROOM 340, CITY HALL 200 NORTH SPRING STREET, LOS ANGELES, CA 90012 - 10:15 AM
(For further details see Official Council Files)
(For communications referred by the President see Referral Memorandum)
Members Present: Bonin, Buscaino, Cedillo, Englander, Harris-Dawson, Huizar, Krekorian, Martinez, O'Farrell, Price, Rodriguez, Ryu and President Wesson (13); Absent: Blumenfield and Koretz (2)
|Items for which Public Hearings Have Not Been Held - (10 Votes Required for Consideration)|
COMMUNICATIONS FROM THE CONTROLLER and CITY ATTORNEY and ORDINANCE FIRST CONSIDERATION relative to levying taxes and setting the tax rates for several interest and sinking funds for the bonded indebtedness of the City for Fiscal Year 2017-18.
Recommendation for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR:
PRESENT and ADOPT the accompanying ORDINANCE, dated August 16, 2017, levying taxes and fixing the tax rates for several interest and sinking funds for the bonded indebtedness of the City for the fiscal year beginning July 1, 2017, and ending June 30, 2018.
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 URGENT FORTHWITH, (13); Absent: Blumenfield, Koretz (2)|
|Whereupon the Council did adjourn.|
ATTEST: Holly L. Wolcott, CITY CLERK
Council Clerk PRESIDENT OF THE CITY COUNCIL