Council File: 17-0831Subscribe via emailPrint this record

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. Click to view online docs
09/14/2018 City Clerk scheduled item for Council on September 25, 2018 . Click to view online docs
08/29/2018 Ad Hoc on Comprehensive Job Creation Plan Committee approved as amended . Click to view online docs
08/28/2018 Ad Hoc on Comprehensive Job Creation Plan Committee scheduled item for committee meeting on August 29, 2018. Click to view online docs
08/27/2018 Chief Legislative Analyst document(s) referred to Ad Hoc on Comprehensive Job Creation Plan Committee. Click to view online docs
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.
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02/27/2018 Chief Legislative Analyst document(s) referred to Ad Hoc on Comprehensive Job Creation Plan Committee. Click to view online docs
02/26/2018 Ad Hoc on Comprehensive Job Creation Plan Committee scheduled item for committee meeting on February 28, 2018. Click to view online docs
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.
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02/08/2018 City Administrative Officer document(s) referred to Ad Hoc on Comprehensive Job Creation Plan Committee. Click to view online docs
02/08/2018 Document(s) submitted by City Administrative Officer, as follows:

City Administrative Officer report 0220-05447-0000, relative to City infrastructure financing.
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01/26/2018 City Attorney document(s) referred to Ad Hoc on Comprehensive Job Creation Plan Committee. Click to view online docs
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.
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12/13/2017 Ad Hoc on Comprehensive Job Creation Plan Committee continued item to/for January 24, 2018 . Click to view online docs
12/12/2017 City Attorney document(s) referred to Ad Hoc on Comprehensive Job Creation Plan Committee. Click to view online docs
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.
Click to view online docs
12/08/2017 Chief Legislative Analyst document(s) referred to Ad Hoc on Comprehensive Job Creation Plan Committee. Click to view online docs
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.
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12/08/2017 Ad Hoc on Comprehensive Job Creation Plan Committee scheduled item for committee meeting on December 13, 2017. Click to view online docs
10/09/2017 Community Impact Statement submitted by Arroyo Seco Neighborhood Council. Click to view online docs
10/04/2017 Ad Hoc on Comprehensive Job Creation Plan Committee continued item to/for a date to be determined. Click to view online docs
10/02/2017 Ad Hoc on Comprehensive Job Creation Plan Committee scheduled item for committee meeting on October 4, 2017. Click to view online docs
08/19/2017 Community Impact Statement submitted by Los Feliz Neighborhood Council. Click to view online docs
07/26/2017 Motion document(s) referred to Ad Hoc on Comprehensive Job Creation Plan Committee. Click to view online docs
Motion 07/26/2017
Motion 07/26/2017
Motion 07/26/2017

Online Documents (Doc)

Title Doc Date
Communication(s) from Public 09/17/2019
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