Council File: 16-0931

Title

Economic Development Trust Fund

Date Received / Introduced

08/18/2016

Last Changed Date

01/25/2019

Expiration Date

01/22/2021

Reference Numbers

City Attorney Reports: R16-0250; R18-0092
Ordinance 185956

Initiated by

City Attorney

File Activities

Date	Activity
01/25/2019	Council action final.
01/25/2019	Mayor transmitted Council File to City Clerk.
01/25/2019	Ordinance posted/published. Ordinance effective date: March 6, 2019.
01/23/2019	City Clerk transmitted Council File to Mayor. Last day for Mayor to act is 02/04/2019.
01/22/2019	Council adopted item, subject to reconsideration, pursuant to Council Rule 51.
01/15/2019	City Clerk scheduled item for Council on January 22, 2019.
01/14/2019	Budget and Finance Committee approved item(s) .
01/11/2019	Budget and Finance Committee scheduled item for committee meeting on January 14, 2019.
12/11/2018	Information, Technology, and General Services Committee approved item(s) .
12/07/2018	Information, Technology, and General Services Committee scheduled item for committee meeting on December 11, 2018.
10/23/2018	Economic Development Committee transmitted Council File to Information, Technology, and General Services Committee.
10/23/2018	Economic Development Committee approved item(s) .
10/19/2018	Economic Development Committee scheduled item for committee meeting on October 23, 2018.
04/25/2018	City Attorney document(s) referred to Budget and Finance Committee; Economic Development Committee; Information, Technology, and General Services Committee.
04/24/2018	Document(s) submitted by City Attorney, as follows: City Attorney report R18-0092, dated April 6, 2018, relative to a revised draft Ordinance adding Chapter 172 to Division 5 of the Los Angeles Administrative Code to create the Economic Development Trust Fund for the receipt, retention and disbursement of 50 percent of the sale or lease proceeds from City owned properties that has been designated for economic development purposes.
03/28/2018	Council action final.
03/21/2018	Council adopted item, subject to reconsideration, pursuant to Council Rule 51.
03/06/2018	City Clerk scheduled item for Council on March 21, 2018.
02/26/2018	Budget and Finance Committee approved as amended .
02/23/2018	Budget and Finance Committee scheduled item for committee meeting on February 26, 2018.
01/29/2018	Budget and Finance Committee continued item to/for February 5, 2018 .
01/26/2018	Budget and Finance Committee scheduled item for committee meeting on January 29, 2018.
12/13/2017	Information, Technology, and General Services Committee transmitted Council File to Budget and Finance Committee.
12/12/2017	Information, Technology, and General Services Committee approved as amended to request the Budget and Finance Committee to consider the financial impact of the ordinance.
12/08/2017	Information, Technology, and General Services Committee scheduled item for committee meeting on December 12, 2017.
11/28/2017	Information, Technology, and General Services Committee continued item to/for future Committee meeting.
11/22/2017	Information, Technology, and General Services Committee scheduled item for committee meeting on November 28, 2017.
07/07/2017	Council rereferred item to Budget and Finance Committee; Economic Development Committee; Information, Technology, and General Services Committee, pursuant to Council Action of July 1, 2017, Council File No. 17-0769.
09/13/2016	Economic Development Committee transmitted Council File to Entertainment and Facilities Committee.
09/13/2016	Economic Development Committee approved item(s) .
09/13/2016	Corrected Referral per Council President to include Budget and Finance Committee.
09/09/2016	Economic Development Committee scheduled item for committee meeting on September 13, 2016.
08/23/2016	City Attorney document(s) referred to Economic Development Committee; Entertainment and Facilities Committee.
08/17/2016	Document(s) submitted by City Attorney, as follows: City Attorney report R16-0250, dated August 12, 2016, relative to a draft ordinance adding a Chapter to the Administrative Code to create the Economic Development Trust Fund and amending a Section of the Administrative Code to authorize the use of Real Property Trust Funds to fund economic development.

Online Documents (Doc)

Title	Doc Date

Final Ordinance No. 185956	03/06/2019
Mayor Concurrence/Council Action	01/25/2019
Communication(s) from Public	01/22/2019
Speaker Card(s)	01/22/2019
Communication(s) from Public	01/15/2019
Report from Economic Development Committee	01/15/2019
Speaker Card(s)	10/23/2018
Attachment to Report dated 4/6/18 - Draft Ordinance	04/24/2018
Report from City Attorney	04/06/2018
Council Action	03/28/2018
Motion	03/21/2018
Speaker Card(s)	03/21/2018
Communication from the City Attorney	02/26/2018
Report from Budget and Finance Committee	02/26/2018
Speaker Card(s)	01/29/2018
Report from Information, Technology, and General Services Committee	12/12/2017
Report from Economic Development Committee	09/13/2016
Speaker Card(s)	09/13/2016
Attachment to Report dated 08/12/2016 - Draft Ordinance	08/12/2016
Report from City Attorney	08/12/2016

Council Vote Information (4 Votes)

Meeting Date:	01/22/2019
Meeting Type:	Regular
Vote Action:	Adopted
Vote Given:	(11 - 0 - 4)

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