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City Council approves multiple settlements and an $18.5 million housing revenue bond for a 57‑unit project
Summary
The Los Angeles City Council approved a set of settlements recommended by the Budget and Finance Committee and voted to authorize housing revenue bonds totaling $18,503,750 for a new 57-unit multifamily project. Multiple closed-session settlement recommendations were read into the record and acted on.
The Los Angeles City Council on Wednesday approved a package of settlements and authorized a housing revenue bond for a 57‑unit multifamily project.
The council voted on several items after the Budget and Finance Committee reported recommendations. The clerk read settlement recommendations into the record for multiple closed‑session cases; council then approved the committee recommendations during a roll call that recorded 13 ayes for the closed‑session items considered that day.
Key settlements and outcomes: the city recorded recommended expenditures to settle several cases that the Budget and Finance Committee reviewed:
- Item 19 (Brandy Menard, et al. v. City of Los Angeles, et al.): recommendation to expend up to $195,000. - Item 20 (Santos Arellano, et al. v. Johnny Charles Wilson, et al.): recommendation…
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