Los Angeles Councilman Nate Holden, saying the Port of Los Angeles "just blew $100,000" on a failed attempt to stage a triathlon, on Tuesday called for a "thorough review" of the port's role in the effort and suggested that the City Council may want to look more closely at how the port spends its money.
In a motion to be considered by the City Council next week, Holden called on the city administrative officer, the city attorney and the chief legislative analyst to "prepare a detailed report" of the port's involvement in the proposed Oct. 2 triathlon. The motion said the report should look into the roles played by the Board of Harbor Commissioners, the port's administrative staff and the mayor's office, and should determine what led to the port's "abrupt withdrawal from the project after providing $100,000."
The Board of Harbor Commissioners allocated the $100,000 as "seed money" for the triathlon last August, set up a nonprofit corporation to organize the race and hired a public relations firm to raise an additional $200,000 in private donations. Last month, the nonprofit group began running out of money, and fund-raisers were having little luck attracting corporate contributions. Ezunial Burts, the port's executive director, then cancelled the event, saying the port was unwilling to further subsidize it.