Economic Development and Jobs Committee meeting summary
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The committee approved multiple Fiscal Year 2025 Annual Planning Reports for property‑based Business Improvement Districts (BIDs), approved CRA/LA Bond Oversight Committee recommendations to allocate excess non‑housing bond proceeds for the La Guadalupe commercial improvement project and for staffing costs, noted and filed an amended report on the Los Angeles Convention Center expansion, and approved a Motion to implement the LA Region Small Business Relief Fund and Worker Relief Fund via an MOU and agreement with Southern California Grantmakers. One item — modifications to the Program Year 2024‑25 Workforce Development Annual Plan — was continued to a later date.
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What this means
The meeting cleared several routine business items that keep neighborhood business improvement districts funded and operating for the 2025 fiscal year. The committee approved use of leftover redevelopment bond money for a commercial improvement project and to cover certain staffing costs, and it approved steps to deliver small‑business and worker relief through a partnership with Southern California Grantmakers and the County Department of Economic Opportunity. A proposed change to the city’s workforce development plan was delayed for further consideration. These actions mean continued local BID services, new funding for a specific commercial project, and an organized channel for disaster‑related relief to reach small businesses and workers.
Key decisions
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- Approved FY2025 Annual Planning Reports for the Greater Lincoln Heights, Historic Old Town Canoga Park, Century City, Tarzana Safari Walk, Westwood, Melrose, and West Adams Property‑Based Business Improvement Districts.
- Continued the Economic and Workforce Development Department and Workforce Development Board joint report on modifications to the Program Year 2024‑25 Workforce Development Annual Plan to a date to be determined.
- Approved CRA/LA Bond Oversight Committee report to appropriate up to $102,841 plus $2,747 interest (total $105,588) in CRA/LA Excess Non‑Housing Bond Proceeds from the Adelante Eastside Redevelopment Project Area for the La Guadalupe Commercial Improvement Project, and acknowledged no further CEQA action required per the City Planning Commission determination.
- Approved CRA/LA Bond Oversight Committee report allocating CRA/LA Excess Non‑Housing Bond Proceeds from all redevelopment project areas to cover budgeted FY2024‑25 staffing costs and determined that this allocation does not constitute a CEQA project.
- Approved City Administrative Officer and Chief Legislative Analyst joint report (as amended) and noted and filed the Department of Convention and Tourism Development report on the status of the Los Angeles Convention Center expansion.
- Approved Motion (Park – Price) authorizing a Memorandum of Understanding with the County of Los Angeles Department of Economic Opportunity and an agreement with Southern California Grantmakers to implement the LA Region Small Business Relief Fund and the Worker Relief Fund, and authorizing SCG to accept donations related to windstorms and wildfires.
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Meeting information
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Economic Development and Jobs Committee
Agenda
- 24-0643-S1 Economic and Workforce Development Department and Workforce Development Board joint report relative to modifications to the Program Year 2024-25 Workforce Development Annual Plan and its strategies, activities, and budget. Fiscal Impact Statement: Yes Community Impact Statement: None submitted24-0643-S1Decision: ITEM(S)
- 23-0461-S1 CD 1, CD 14 City Clerk report relative to Fiscal Year 2025 Annual Planning Report for the Greater Lincoln Heights 2024-2033 (Property Based) Business Improvement District . Fiscal Impact Statement: Yes Community Impact Statement: None submitted23-0461-S1Decision: ITEM(S)
- 12-0071-S1 CD 3 City Clerk report relative to the Fiscal Year 2025 Annual Planning Report for the Historic Old Town Canoga Park (Property-Based) Business Improvement District. Fiscal Impact Statement: Yes Community Impact Statement: None submitted12-0071-S1Decision: ITEM(S)
- 22-0271-S1 CD 5 City Clerk report relative to the Fiscal Year 2025 Annual Planning Report for the Century City (Property-Based) Business Improvement District. Fiscal Impact Statement: Yes Community Impact Statement: None submitted22-0271-S1Decision: ITEM(S)
- 22-0587-S1 CD 3 City Clerk report relative to the Fiscal Year 2025 Annual Planning Report for the Tarzana Safari Walk (Property-Based) Business Improvement District. Fiscal Impact Statement: Yes Community Impact Statement: None submitted22-0587-S1Decision: ITEM(S)
- 14-1515-S1 CD 5 City Clerk report relative to the Fiscal Year 2025 Annual Planning Report for the Westwood (Property-Based) Business Improvement District. Fiscal Impact Statement: Yes Community Impact Statement: None submitted14-1515-S1Decision: ITEM(S)
- 13-0705-S1 CD 5 City Clerk report relative to the Fiscal Year 2025 Annual Planning Report for the Melrose (Property-Based) Business Improvement District. Fiscal Impact Statement: Yes Community Impact Statement: None submitted13-0705-S1Decision: ITEM(S)
- 20-0020-S1 CD 10 City Clerk report relative to the Fiscal Year 2025 Annual Planning Report for West Adams 2021-2025 (Property-Based) Business Improvement District. Fiscal Impact Statement: Yes Community Impact Statement: None submitted20-0020-S1Decision: ITEM(S)
- 14-1174-S79 CD 13 Motion (Soto-Martinez – Hutt) relative to amending prior Council action of November 9, 2023, relative to the appropriation of funds from the Wilshire Center/Koreatown Redevelopment Project Area for the Neighborhood Enhanced Network Project. Fiscal Impact Statement: Yes Community Impact Statement: None submitted14-1174-S79Decision: ITEM(S)
- 14-1174-S105 CD 14 CRA/LA Bond Oversight Committee report relative to the appropriation of up to $102,841 plus $2,747 of earned taxable and tax-exempt interest for a combined total of $105,588 in CRA/LA Excess Non-Housing Bond Proceeds from the Adelante Eastside Redevelopment Project Area (Taxable Series 2005-B, 2007-C, and Tax-Exempt Series 2009-D) for the La Guadalupe Commercial Improvement Project; and acknowledge that based on the Letter of Determination approved by the Los Angeles City Planning Commission on March 26, 2019 (Case No. CPC-2018-998-DB-CU), the La Guadalupe Commercial Improvement Project does not require further CEQA action. Fiscal Impact Statement: Yes Community Impact Statement: None submitted14-1174-S105Decision: ITEM(S)
- 14-1174-S107 CRA/LA Bond Oversight Committee report relative to allocating funds in CRA/LA Excess Non-Housing Bond Proceeds from all CRA/LA Redevelopment Project Areas to cover budgeted Fiscal Year 2024-25 staffing costs; and determination that the allocation of CRA/LA Excess Non-Housing Bond Proceeds (EBP) for staffing costs does not constitute a project as defined by Section 15378(b)(4) (Creation of Government Funding Mechanisms or Other Government Fiscal Activities) of the California Environmental Quality Act (CEQA) Guidelines. Fiscal Impact Statement: Yes Community Impact Statement: None submitted14-1174-S107Decision: ITEM(S)
- 15-1207-S1 CD 9 City Administrative Officer and Chief Legislative Analyst joint report and City Tourism Department report relative to the Status of the Los Angeles Convention Center Expansion; and related matters (This item is referred to the Economic Development and Jobs, Budget and Finance, and Trade, Travel and Tourism Committees.) Fiscal Impact Statement: No Community Impact Statement: None submitted15-1207-S1Decision: ITEM(S)
- 25-0006-S58 Motion (Park – Price) relative to a Memorandum of Understanding between the County of Los Angeles Department of Economic Opportunity for the implementation of the LA Region Small Business Relief (SBR) Fund and the Worker Relief Fund; agreement with the Southern California Grantmakers (SCG) for the implementation of the SBR Fund and the Worker Relief Fund; and authorizing the SCG to accept donations related to the windstorms and wildfires for the benefit of the City; and related matters. (This item is referred to the Ad Hoc Committee for LA Recovery and the Economic Development and Jobs Committees.) Community Impact Statement: None submitted25-0006-S58Decision: ITEM(S)
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