Politics & Government
City Council Approves Three-Month Budget for Community Redevelopment Agency
Los Angeles' community redevelopment agency will work with the City Attorney during the next month to decide how two state assembly bills will affect their budget and future projects, many of which are planned in Hollywood.
The Los Angeles City Council approved a limited, three-month budget for the city’s community redevelopment agency Friday, while the city analyzes the impact of two state assembly bills.
The recommendations to approve the temporary budget, versus a budget for the entire fiscal year were presented during Wednesday’s . The recommendations sought to study the impact of two bills — one which would take $1.7 billion from community redevelopment agencies.
The council unanimously approved the recommendations made by the committee at Friday’s council meeting, with a 13-0 vote. Councilmen Jose Huizar and Herb Wesson were absent from the meeting.
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A representative from the city’s community redevelopment agency told Patch on Friday that they will have “very little authority” to act on any projects until an ordinance is adapted by the city. The agency is going to work with the City Attorney, City Administrative Officer and Chief Legislative Analyst over the next month to decide how each area in Los Angeles is affected by the assembly bills.