BUDGET AND FINANCE COMMITTEE REPORT relative to the revision of the Financial Policies for the City of Los Angeles.

Recommendations for Council action:

1. ADOPT the revised sections of the Financial Policies for the City of Los Angeles, Attachment 1 of the City Administrative Officer (CAO) report dated November 4, 2019 (attached to Council file No. 19-0600-S171).
   
   
2. REQUEST the City Attorney, with the assistance of the CAO, to prepare any necessary Ordinances required to codify the revised Financial Policies for the City of Los Angeles.
   
   
3. AMEND the proposed Financial Policies, as reflected in Attachment 1 of said CAO report, by removing Section III.E of the General Fund Reserves Policy Section, Use of the Excess, to eliminate the proposed 2.75 percent cap on the Budget Stabilization Fund insofar as it duplicates the existing 15 percent cap on the City's cumulative reserves.

Fiscal Impact Statement: The CAO reports that there is no fiscal impact from adopting the recommendations in this report. This review and revision of the Financial Policies will ensure that the City continues to be guided by fiscally responsible policies supporting ongoing efforts to provide and improve services.

Community Impact Statement:  None submitted.

ECONOMIC DEVELOPMENT COMMITTEE REPORT relative to the Brentwood Village (Property-Based) Business Improvement District (BID) Fiscal Year (FY) 2020 Annual Planning Report.

Recommendations for Council action:

1. FIND that:
   
   
   1. The FY 2020 Annual Planning Report for the Brentwood Village BID attached to the City Clerk report dated November 19, 2019, attached to the Council file, complies with the requirements of the State Law.
      
      
   2. The increase in the 2020 budget concurs with the intentions of the Brentwood Village BID's Management District Plan and does not adversely impact the benefits received by assessed property owners.
      
      
2. ADOPT said FY 2020 Annual Planning Report for the Brentwood Village BID, pursuant to the State Law.

Fiscal Impact Statement: The City Clerk reports that there is no impact to the General Fund associated with this action.

Community Impact Statement: None submitted.

ECONOMIC DEVELOPMENT COMMITTEE REPORT relative to the Central Avenue Historic (Property-Based) Business Improvement District (BID) Fiscal Year (FY) 2019 and FY 2020 Annual Planning Reports.

Recommendations for Council action:

1. FIND that:
   
   
   1. The FYs 2019 and 2020 Annual Planning Reports for the Central Avenue Historic BID attached to the City Clerk report dated October 30, 2019 and November 19, 2019 respectively, attached to the Council file, comply with the requirements of the State Law.
      
      
   2. The increase in the 2019 and 2020 budgets concur with the intentions of the Central Avenue Historic BID's Management District Plan and does not adversely impact the benefits received by assessed property owners.
      
      
2. ADOPT said FYs 2019 and 2020 Annual Planning Reports for the Central Avenue Historic BID, pursuant to the State Law.

Fiscal Impact Statement: The City Clerk reports that there is no impact to the General Fund associated with this action.

Community Impact Statement: None submitted.

ECONOMIC DEVELOPMENT COMMITTEE REPORT relative to the Greater South Park (Property-Based) Business Improvement District (BID) Fiscal Year (FY) 2020 Annual Planning Report.

Recommendations for Council action:

1. FIND that:
   
   
   1. The FY 2020 Annual Planning Report for the Greater South Park BID attached to the City Clerk report dated November 12, 2019, attached to the Council file, complies with the requirements of the State Law.
      
      
   2. The increase in the 2020 budget concurs with the intentions of the Greater South Park BID's Management District Plan and does not adversely impact the benefits received by assessed property owners.
      
      
2. ADOPT said FY 2020 Annual Planning Report for the Greater South Park BID, pursuant to the State Law.

Fiscal Impact Statement: The City Clerk reports that there is no impact to the General Fund associated with this action.

Community Impact Statement: None submitted.

ECONOMIC DEVELOPMENT COMMITTEE REPORT relative to the East Hollywood (Property-Based) Business Improvement District (BID) Fiscal Year (FY) 2020 Annual Planning Report.

Recommendations for Council action:

1. FIND that:
   
   
   1. The FY 2020 Annual Planning Report for the East Hollywood BID attached to the City Clerk report dated November 1, 2019, attached to the Council file, complies with the requirements of the State Law.
      
      
   2. The increase in the 2020 budget concurs with the intentions of the East Hollywood BID's Management District Plan and does not adversely impact the benefits received by assessed property owners.
      
      
2. ADOPT said FY 2020 Annual Planning Report for the East Hollywood BID, pursuant to the State Law.

Fiscal Impact Statement: The City Clerk reports that there is no impact to the General Fund associated with this action.

Community Impact Statement: None submitted.

ECONOMIC DEVELOPMENT COMMITTEE REPORT relative to the South Los Angeles Industrial Tract (Property-Based) Business Improvement District (BID) Fiscal Year (FY) 2019 Annual Planning Report.

Recommendations for Council action:

1. FIND that:
   
   
   1. The FY 2019 Annual Planning Report for the South Los Angeles Industrial Tract BID attached to the City Clerk report dated March 21, 2019, attached to the Council file, complies with the requirements of the State Law.
      
      
   2. The increase in the 2019 budget concurs with the intentions of the South Los Angeles Industrial Tract BID's Management District Plan and does not adversely impact the benefits received by assessed property owners.
      
      
2. ADOPT said FY 2019 Annual Planning Report for the South Los Angeles Industrial Tract BID, pursuant to the State Law.

Fiscal Impact Statement: The City Clerk reports that there is no impact to the General Fund associated with this action.

Community Impact Statement: None submitted.

ECONOMIC DEVELOPMENT COMMITTEE REPORT relative to the Pacific Palisades (Property-Based) Business Improvement District (BID) Fiscal Year (FY) 2020 Annual Planning Report.

Recommendations for Council action:

1. FIND that:
   
   
   1. The FY 2020 Annual Planning Report for the Pacific Palisades BID attached to the City Clerk report dated November 5, 2019, attached to the Council file, complies with the requirements of the State Law.
      
      
   2. The increase in the 2020 budget concurs with the intentions of the Pacific Palisades BID's Management District Plan and does not adversely impact the benefits received by assessed property owners.
      
      
2. ADOPT said FY 2020 Annual Planning Report for the Pacific Palisades BID, pursuant to the State Law.

Fiscal Impact Statement: The City Clerk reports that there is no impact to the General Fund associated with this action.

Community Impact Statement: None submitted.

ECONOMIC DEVELOPMENT COMMITTEE REPORT relative to the Century City (Property-Based) Business Improvement District (BID) Fiscal Year (FY) 2019 and FY 2020 Annual Planning Reports.

Recommendations for Council action:

1. FIND that:
   
   
   1. The FY 2019 and FY 2020 Annual Planning Reports for the Century City BID attached to the City Clerk reports, dated February 8, 2019 and November 12, 2019 respectively, attached to the Council file, comply with the requirements of the State Law.
      
      
   2. The increase in the 2019 and 2020 budgets concur with the intentions of the Century City BID's Management District Plan and do not adversely impact the benefits received by assessed property owners.
      
      
2. ADOPT the FY 2019 and FY 2020 Annual Planning Reports for the Century City BID, pursuant to the State Law.

Fiscal Impact Statement: The City Clerk reports that there is no impact to the General Fund associated with this action.

Community Impact Statement: None submitted.

ECONOMIC DEVELOPMENT COMMITTEE REPORT relative to the Encino Commons (Property-Based) Business Improvement District (BID) Fiscal Year (FY) 2019 Annual Planning Report.

Recommendations for Council action:

1. FIND that:
   
   
   1. The FY 2019 Annual Planning Report for the Encino Commons BID attached to the City Clerk report dated August 29, 2019, attached to the Council file, complies with the requirements of the State Law.
      
      
   2. The increase in the 2019 budget concurs with the intentions of the Encino Commons BID's Management District Plan and does not adversely impact the benefits received by assessed property owners.
      
      
2. ADOPT said FY 2019 Annual Planning Report for the Encino Commons BID, pursuant to the State Law.

Fiscal Impact Statement: The City Clerk reports that there is no impact to the General Fund associated with this action.

Community Impact Statement: None submitted.

ECONOMIC DEVELOPMENT COMMITTEE REPORT relative to the Figueroa Corridor (Property-Based) Business Improvement District (BID) Fiscal Year (FY) 2019 Annual Planning Report.

Recommendations for Council action:

1. FIND that the FY 2019 Annual Planning Report for the Figueroa Corridor BID attached to the City Clerk report dated April 4, 2019, attached to the Council file, complies with the requirements of the State Law.
   
   
2. ADOPT said FY 2019 Annual Planning Report for the Figueroa Corridor BID, attached to the Council file, pursuant to the State Law.

Fiscal Impact Statement: The City Clerk reports that there is no impact to the General Fund associated with this action.

Community Impact Statement: None submitted.

ECONOMIC DEVELOPMENT COMMITTEE REPORT relative to the Downtown Center (Property-Based) Business Improvement District (BID) Fiscal Year (FY) 2019 Annual Planning Report.

Recommendations for Council action:

1. FIND that:
   
   
   1. The FY 2019 Annual Planning Report for the Downtown Center BID attached to the City Clerk report dated August 20, 2019, attached to the Council file, complies with the requirements of the State Law.
      
      
   2. The increase in the 2019 budget concurs with the intentions of the Downtown Center BID's Management District Plan and does not adversely impact the benefits received by assessed property owners.
      
      
2. ADOPT said FY 2019 Annual Planning Report for the Downtown Center BID, pursuant to the State Law.

Fiscal Impact Statement: The City Clerk reports that there is no impact to the General Fund associated with this action.

Community Impact Statement: None submitted.

ECONOMIC DEVELOPMENT COMMITTEE REPORT relative to the Gateway to L.A. (Property-Based) Business Improvement District (BID) Fiscal Year (FY) 2019 Annual Planning Report.

Recommendations for Council action:

1. FIND that:
   
   
   1. The FY 2019 Annual Planning Report for the Gateway to L.A. BID attached to the City Clerk report dated April 26, 2019, attached to the Council file, complies with the requirements of the State Law.
      
      
   2. The increase in the 2019 budget concurs with the intentions of the Gateway to L.A. BID's Management District Plan and does not adversely impact the benefits received by assessed property owners.
      
      
2. ADOPT said FY 2019 Annual Planning Report for the Gateway to L.A. BID, pursuant to the State Law.

Fiscal Impact Statement: The City Clerk reports that there is no impact to the General Fund associated with this action.

Community Impact Statement: None submitted.

MOTION (RODRIGUEZ for KORETZ - MARTINEZ) relative to asserting jurisdiction over the December 10, 2019 (Letter of Determination date: January 8, 2020) Central Los Angeles Area Planning Commission action to deny the appeal for the property located at 6500 West Olympic Place, Los Angeles, CA 90035.

MOTION (BUSCAINO - BONIN) relative to funding for A Bridge Home project located 515 North Beacon Street.

MOTION (BUSCAINO - BONIN) relative to funding for A Bridge Home project located at 828 Eubank Avenue.

MOTION (BONIN - BUSCAINO) relative to accepting grant funding from California Community Foundation for the construction of a pet area on site at the A Bridge Home Project located at 100 East Sunset Avenue.

MOTION (MARTINEZ - WESSON - RODRIGUEZ - PRICE) relative to instructing the Department of City Planning to prepare an Interim Control Ordinance to prohibit the issuance of any demolition, building, grading, and any other applicable permits to prevent the construction or operation of private detention centers.

Blumenfield, Bonin, Buscaino, Cedillo, Harris-Dawson, Huizar, Koretz, Krekorian, Lee, O'Farrell, Price, Rodriguez, Ryu, Wesson and President Martinez (15)