Council File: 22-0393Subscribe via emailPrint this recordPublic Comment

Title
Municipal Improvement Corporation of Los Angeles (MICLA) / Lease Revenue Commercial Paper Note Program / Letter of Credit Facilities / Extension / Replacement (Los Angeles Convention Center)
Date Received / Introduced
04/05/2022
Last Changed Date
04/14/2022
Expiration Date
04/11/2024
Reference Numbers
City Administrative Officer Report: 0220-05291-1168
City Attorney Report: R22-0114
Initiated by
City Administrative Officer
File Activities
Date Activity  
04/14/2022 Ordinance posted/published. Ordinance effective date: May 16, 2022.
04/13/2022 City Clerk transmitted file to Mayor. Last day for Mayor to act is April 25, 2022.
04/12/2022 Council action final. Click to view online docs
04/12/2022 City Clerk transmitted file to Mayor. Last day for Mayor to act is April 22, 2022. Click to view online docs
04/12/2022 Council adopted item forthwith. Click to view online docs
04/11/2022 Budget and Finance Committee approved item(s) . Click to view online docs
04/08/2022 City Clerk scheduled item for Council on April 12, 2022. Click to view online docs
04/08/2022 Budget and Finance Committee scheduled item for committee meeting on April 11, 2022. Click to view online docs
04/07/2022 City Attorney document(s) referred to Budget and Finance Committee. Click to view online docs
04/07/2022 Document(s) submitted by City Attorney, as follows:

City Attorney report (R22-0114) dated April 7, 2022, relative to a draft ordinance relating to the Municipal Improvement Corporation of Los Angeles lease revenue commercial paper notes, tax-exempt Series A and taxable Series B, and approving the lease and leaseback of certain real property in connection therewith.
Click to view online docs
04/05/2022 City Administrative Officer document(s) referred to Budget and Finance Committee. Click to view online docs
04/05/2022 Document(s) submitted by City Administrative Officer, as follows:

City Administrative Officer report 0220-05291-1168, dated April 5, 2022, relative to an extension of letter of credit facilities supporting the Municipal Improvement Corporation of Los Angeles Lease Revenue Commercial Paper Note Program, and a replacement of letter of credit (Los Angeles Convention Center).
Click to view online docs

  Council Vote Information  

Meeting Date: 04/12/2022
Meeting Type: Regular
Vote Action:
Vote Given: (12 - 0 - 3)
Member Name CD Vote
BOB BLUMENFIELD 3 YES
MIKE BONIN 11 YES
JOE BUSCAINO 15 YES
GILBERT A. CEDILLO 1 ABSENT
KEVIN DELEON 14 ABSENT
MARQUEECE HARRIS-DAWSON 8 YES
PAUL KORETZ 5 YES
PAUL KREKORIAN 2 YES
JOHN LEE 12 ABSENT
NURY MARTINEZ 6 YES
MITCH O'FARRELL 13 YES
CURREN D. PRICE 9 YES
NITHYA RAMAN 4 YES
MONICA RODRIGUEZ 7 YES
HERB WESSON 10 YES