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Council sets TEFRA hearing after heated public debate over Playa Vista bond application

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Summary

The Los Angeles City Council voted to set a TEFRA hearing for Oct. 2 on a proposed city application for state tax-exempt housing bonds for Playa Vista’s Fountain Park after extended public comment and debate over environmental and health concerns.

The Los Angeles City Council voted to set a TEFRA hearing for Oct. 2 on a city request that would allow the housing department to apply for state tax-exempt multifamily bonds for Playa Vista's Fountain Park project after prolonged public comment and sharp disagreements over environmental and public-health risks.

Councilmember Joel Wax's amending motion, moved by Council President Lehi Padilla and explained by Councilmember Eric Garcetti, instructed staff to schedule the required TEFRA hearing in City Hall on Oct. 2 at 10 a.m.; the substitute motion passed 10-0. The action does not itself award bonds or authorize the sale of securities — it opens the federal/state public hearing process the city must hold before approving municipal involvement in bond financing.

Supporters at the council hearing said Playa Vista will produce a large share of the project's affordable…

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