CALIFORNIA | LOCAL
July 3, 2012 | By Kate Linthicum, Los Angeles Times
Hoping to lure car dealerships back to Los Angeles, the City Council voted Tuesday to eliminate the business tax for new auto dealers. Dealerships are sought after by cities because they generate substantial sales tax revenue. But officials say nearly 100 dealerships have left L.A. over the last 25 years, with some businesses migrating to nearby cities such as Glendale, which exempts them from the gross-receipts tax. "For too long, Los Angeles' business tax has driven auto dealers outside the city limits," Mayor Antonio Villaraigosa said in a statement released after the 12-0 council vote.
CALIFORNIA | LOCAL
June 28, 2012 | By Catherine Saillant, Los Angeles Times
Miriam Fogler and Donna Pearman settle into chairs at the Van Nuys Civic Center, ready to participate in a City Council meeting taking place 17 traffic-clogged miles away in downtown Los Angeles. The room's mostly empty, as usual, but a city safety officer is on hand to keep order. So is Michael Martin, who handles the camera equipment that will enable Fogler and Pearman to address council members. Before going on camera, Fogler, in thick black wraparound sunglasses, gives herself a little pep talk.
ENTERTAINMENT
June 27, 2012 | By Richard Verrier
In the latest effort combat production flight, the Los Angeles City Council is weighing a plan to waive fees producers pay to shoot television pilots in the city. The City Council's Jobs and Business Development Committee on Wednesday endorsed a proposal to waive the various fees pilot producers pay when they shoot substantially in the city. The motion comes in the wake of growing evidence that L.A. is losing its share of new television production, much as it did with feature film work. In the most recent pilot year, 51% of all television pilots were filmed in the L.A. area, down from more than 80% in prior years.
BUSINESS
May 24, 2012 | By Ronald D. White, Los Angeles Times
The Los Angeles City Council approved a long-awaited federal financing agreement that will help ensure a vital transportation corridor doesn't become a drain on the finances of the ports of Los Angeles and Long Beach. The vote — 13 to 0 in favor, with two council members absent — allows the Alameda Corridor Transportation Authority to accept $83.7 million from the Federal Rail Administration to help fund operations of the Alameda Corridor, a 20-mile freight rail expressway linking the ports to transcontinental rail lines.
CALIFORNIA | LOCAL
May 16, 2012 | By Catherine Saillant, Los Angeles Times
Joining a growing number of municipalities, the Los Angeles City Council on Tuesday adopted a "responsible banking" ordinance that will require banks doing business with the city to disclose detailed data on loans and foreclosure activity by community. Much of the information is already reported under federal law but can be hard to find in voluminous federal banking reports, said Miguel Santana, city administrative officer. The new law would bring the information together on a city website that the public could search by census tract, he said.
CALIFORNIA | LOCAL
March 1, 2012 | By David Zahniser, Los Angeles Times
Months after demonstrators with Occupy L.A. demanded an aggressive crackdown on Wall Street banks, the Los Angeles City Council approved a watered-down plan requiring regular reports on local lending and charitable giving from financial institutions that seek city business. The council voted 13 to 0 to draft a law requiring those banks to disclose data on their foreclosures, small-business loans and other involvement in city neighborhoods. But council members dropped plans to rate the banks after being warned by budget managers that such a move would be too expensive.