Council File: 17-0831

Title

Bank of Los Angeles

Date Received / Introduced

07/26/2017

Last Changed Date

09/26/2018

Expiration Date

09/25/2020

Reference Numbers

Chief Legislative Analyst Report: 17-11-1073; 18-02-0178; 18-08-0778
City Attorney Report: R17-0429; R18-0015
City Administrative Officer Report: 0220-05447-0000

Mover

PAUL KREKORIAN

DAVID E. RYU

HERB WESSON, JR.

Second

MIKE BONIN

GILBERT A. CEDILLO

PAUL KORETZ

MITCH O'FARRELL

File Activities

Date	Activity
09/26/2018	Council action final.
09/25/2018	Council adopted item, subject to reconsideration, pursuant to Council Rule 51.
09/14/2018	City Clerk scheduled item for Council on September 25, 2018.
08/29/2018	Ad Hoc on Comprehensive Job Creation Plan Committee approved as amended .
08/28/2018	Ad Hoc on Comprehensive Job Creation Plan Committee scheduled item for committee meeting on August 29, 2018.
08/27/2018	Chief Legislative Analyst document(s) referred to Ad Hoc on Comprehensive Job Creation Plan Committee.
08/27/2018	Document(s) submitted by Chief Legislative Analyst, as follows: Chief Legislative Analyst report 18-08-0778, dated August 27, 2018, relative to the evaluation of models for public banks, public banking activities in other jurisdictions, quasi-banking services currently offered by the City, and issues associated with the formation of a public bank.
02/27/2018	Chief Legislative Analyst document(s) referred to Ad Hoc on Comprehensive Job Creation Plan Committee.
02/26/2018	Ad Hoc on Comprehensive Job Creation Plan Committee scheduled item for committee meeting on February 28, 2018.
02/26/2018	Document(s) submitted by Chief Legislative Analyst, as follows: Chief Legislative Analyst report 18-02-0178, dated February 26, 2018, relative to the feasibility of establishing the Municipal Bank of Los Angeles as well as an overview of existing City programs that may already accomplish the goals of a public bank.
02/08/2018	City Administrative Officer document(s) referred to Ad Hoc on Comprehensive Job Creation Plan Committee.
02/08/2018	Document(s) submitted by City Administrative Officer, as follows: City Administrative Officer report 0220-05447-0000, relative to City infrastructure financing.
01/26/2018	City Attorney document(s) referred to Ad Hoc on Comprehensive Job Creation Plan Committee.
01/26/2018	Document(s) submitted by City Attorney, as follows: City Attorney report R18-0015, dated January 23, 2018, relative to legal analysis of the proposed municipal bank.
12/13/2017	Ad Hoc on Comprehensive Job Creation Plan Committee continued item to/for January 24, 2018 .
12/12/2017	City Attorney document(s) referred to Ad Hoc on Comprehensive Job Creation Plan Committee.
12/12/2017	Document(s) submitted by City Attorney, as follows: City Attorney report R17-0429, dated December 12, 2017, relative to legal analysis of the proposed municipal bank.
12/08/2017	Chief Legislative Analyst document(s) referred to Ad Hoc on Comprehensive Job Creation Plan Committee.
12/08/2017	Document(s) submitted by Chief Legislative Analyst, as follows: Chief Legislative Analyst report 17-11-1073, dated December 8, 2017, relative to legislative and regulatory reforms related to municipal banking.
12/08/2017	Ad Hoc on Comprehensive Job Creation Plan Committee scheduled item for committee meeting on December 13, 2017.
10/09/2017	Community Impact Statement submitted by Arroyo Seco Neighborhood Council.
10/04/2017	Ad Hoc on Comprehensive Job Creation Plan Committee continued item to/for a date to be determined.
10/02/2017	Ad Hoc on Comprehensive Job Creation Plan Committee scheduled item for committee meeting on October 4, 2017.
08/19/2017	Community Impact Statement submitted by Los Feliz Neighborhood Council.
07/26/2017	Motion document(s) referred to Ad Hoc on Comprehensive Job Creation Plan Committee.

Online Documents (Doc)

Title	Doc Date

Communication(s) from Public	09/17/2019
Communication(s) from Public	11/30/2018
Communication(s) from Public	11/29/2018
Communication(s) from Public	11/26/2018
Council Action	09/26/2018
Communication(s) from Public	09/18/2018
Communication(s) from Public	09/18/2018
Communication(s) from Public	09/17/2018
Communication(s) from Public	09/17/2018
Communication(s) from Public	09/17/2018
Communication(s) from Public	09/17/2018
Communication(s) from Public	08/29/2018
Report from Ad Hoc on Comprehensive Job Creation Plan Committee	08/29/2018
Speaker Card(s)	08/29/2018
Report from Chief Legislative Analyst	08/27/2018
Communication(s) from Public	08/20/2018
Communication(s) from Public	06/29/2018
Speaker Card(s)	02/28/2018
Report from Chief Legislative Analyst	02/26/2018
Report from City Administrative Officer	02/08/2018
Report from City Attorney	01/23/2018
Communication(s) from Public	01/22/2018
Speaker Card(s)	12/13/2017
Speaker Card(s)	12/13/2017
Submittal by the Lawyers Committee for Civil Rights San Francisco	12/13/2017
Report from City Attorney	12/12/2017
Report from Chief Legislative Analyst	12/08/2017
Communication(s) from Public	11/29/2017
Communication from Public	11/04/2017
Communication(s) from Public	10/19/2017
Community Impact Statement submitted by Arroyo Seco Neighborhood Council	10/09/2017
Communication(s) from Public	10/05/2017
Speaker Card(s)	10/04/2017
Submittal by Public Banking Institute	10/04/2017
Community Impact Statement submitted by Los Feliz Neighborhood Council	08/19/2017
Motion	07/26/2017

Council Vote Information

Meeting Date:	09/25/2018
Meeting Type:	Regular
Vote Action:	Adopted
Vote Given:	(10 - 0 - 5)

Member Name	CD	Vote
BOB BLUMENFIELD	3	YES
MIKE BONIN	11	YES
JOE BUSCAINO	15	ABSENT
GILBERT A. CEDILLO	1	YES
MITCHELL ENGLANDER	12	YES
MARQUEECE HARRIS-DAWSON	8	ABSENT
JOSE HUIZAR	14	YES
PAUL KORETZ	5	YES
PAUL KREKORIAN	2	ABSENT
NURY MARTINEZ	6	YES
MITCH O'FARRELL	13	ABSENT
CURREN D. PRICE	9	YES
MONICA RODRIGUEZ	7	YES
DAVID RYU	4	YES
HERB WESSON	10	ABSENT