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Budget and Finance Commitee

Regular Meeting

Los Angeles, CA · September 9, 2025

Minutes

Minutes

JOURNAL – BUDGET AND FINANCE COMMITTEE Tuesday, September 9, 2025 ROOM 340, CITY HALL - 11:45 AM 200 NORTH SPRING STREET, LOS ANGELES, CA 90012 MEMBERS: COUNCILMEMBER KATY YAROSLAVSKY, CHAIR COUNCILMEMBER BOB BLUMENFIELD COUNCILMEMBER HEATHER HUTT COUNCILMEMBER TIM McOSKER COUNCILMEMBER EUNISSES HERNANDEZ (Mandy Morales - Legislative Assistant - (323) 439-2346 or mandy.morales@lacity.org) Submit written comment at LACouncilComment.com The audio for this meeting is broadcast live on the internet at https://clerk.lacity.gov/calendar. Additional information regarding Committee procedures provided at the end of this agenda. Spanish language interpretation is available at all Council and Committee meetings. Interpretation services in additional languages are available upon request, at no cost. Please submit your request to clerk.interpretation@lacity.org as soon as possible to allow time for scheduling. You will receive a confirmation reply if an interpreter is available. MULTIPLE AGENDA ITEM COMMENT ITEM(S) (1) 15-1207-S1 CD 9 Chief Legislative Analyst and City Administrative Officer (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. (This item is referred to Economic Development and Jobs, Personnel and Hiring, and Budget and Finance Committees. Economic Development and Jobs Committee considered this item on September 2, 2025.) Fiscal Impact Statement: Yes Financial Policies Statement: Yes Debt Impact Statement: Yes Community Impact Statement: None submitted CONTINUED TO SEPTEMBER 16, 2025 (2) 15-1207-S3 CD 9 City Administrative Officer report 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). (This item is referred to Economic Development and Jobs and Budget and Finance Committees. Economic Development and Jobs Committee waived consideration of the item.) Fiscal Impact Statement: Yes Financial Policies Statement: Yes Debt Impact Statement: Yes Community Impact Statement: None submitted CONTINUED TO SEPTEMBER 16, 2025 (3) 20-0263-S3 City Attorney report relative to a proposed First Amendment to Contract for additional appropriation for legal services with Gibson, Dunn & Crutcher, LLP, to assist in litigation related to LA Alliance for Human Rights et al. v. City of Los Angeles et al., USDC Central District Case No. 2:20-cv-02291-DOC-KES. The Committee may recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), (d)(2), and (e)(1) [significant exposure to litigation] to confer with its legal counsel relative to the case entitled LA Alliance for Human Rights, et al. v. City of Los Angeles, et al., United States Central District Court Case No. 2:20-cv-02291, Ninth Circuit Court of Appeals Case No. 22-55687 (one potential plaintiff). Community Impact Statement: None submitted CONTINUED TO SEPTEMBER 16, 2025 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 relative to items on this agenda can be obtained from the Office of the City Clerk's Council File Management System, at lacouncilfile.com by entering the Council File number listed immediately following the item number (e.g., 00-0000). Telecommunication Relay Services Telephone communication is one of the most important forms of communication in society today. Due to advancements in technology, telephone devices have evolved with new services and capabilities. Individuals who are deaf and hard of hearing, and individuals with a speech disability are following these trends and are rapidly migrating to more advanced telecommunications methods, both for peer-to-peer and third-party telecommunications relay service (TRS) communications. Telecommunications Relay Service is a telephone service that allows persons with hearing or speech disabilities to place and receive telephone calls. TRS is available in all 50 states, the District of Columbia, Puerto Rico and the U.S. territories for local and/or long distance calls. TRS providers - generally telephone companies - are compensated for the costs of providing TRS from either a state or a federal fund. There is no cost to the TRS user. What forms of TRS are available?There are several forms of TRS, depending on the particular needs of the user and the equipment available: TRS includes: Text to Voice TIY-Based TRS; Speech-to-Speech Relay Service; Shared Non-English Language Relay Service; Captioned Telephone Relay Service; Internet Protocol Relay Service; and Video Relay Service. Please visit this site for detail descriptions, https://www.fcc.gov/consumers/guides/telecommunications-relay-service-trs. Don't hang up! Some people hang up on TRS calls because they think the CA is a telemarketer. If you hear, "Hello. This is the relay service .. . " when you pick up the phone, please don't hang up! You are about to talk, through a TRS provider, to a person who is deaf, hard-of-hearing, or has a speech disability. For more information about FCC programs to promote access to telecommunications services for people with disabilities, visit theFCC's Disability Rights Office website.