Summary

Trade, Travel and Tourism Committee meeting summary

Los AngelesAug 20, 20243 min read

At a glance

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The committee received a verbal update on the Los Angeles Convention Center project and approved multiple items including the reappointment to the Board of Airport Commissioners, an airport lease amendment, Port of Los Angeles tariff increases tied to CPI‑U, refunding revenue bonds for the Harbor Department, a Harbor debt and capital plan, a motion on Port power outages, and a set of annual planning reports for several Business Improvement Districts.

Committees mentioned

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Trade, Travel, and Tourism Committee

Topics discussed

Budget & TaxCommerceUtilities

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What this means

Committee members heard an informational report about modernizing and expanding the Los Angeles Convention Center but took no action on it. They approved a mayoral reappointment to the airport board, an amendment to an airport lease, increases to Port of Los Angeles tariff rates tied to the regional consumer price index, and the Harbor Department’s refunding bonds and fiscal plan. The committee also approved a motion addressing recent power outages at the Port and accepted annual planning reports for several local Business Improvement Districts, which keeps those district plans and activities moving forward.

Key decisions

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Verbal report on the Los Angeles Convention Center modernization and expansion — informational only, no action.
Approved reappointment of Karim Webb to the Board of Airport Commissioners (Mayor report dated July 29, 2024) — (3) Yes; (0) No; (2) Absent: Price, de Leon.
Approved Board of Airport Commissioners report for the First Amendment to Lease LAA‑8800 with Air New Zealand Limited (Board report dated July 1, 2024) — (3) Yes; (0) No; (2) Absent: Price, de Leon.
Approved Board of Harbor Commissioners and City Attorney reports and ordinance to amend Port of Los Angeles Tariff No. 4 to increase rated tariff items based on the West Region CPI‑U (Board report dated July 11, 2024) — (3) Yes; (0) No; (2) Absent: Price, de Leon.
Approved issuance of the City of Los Angeles Harbor Department 2024 Refunding Revenue Bonds (Board report dated August 2, 2024) — (3) Yes; (0) No; (2) Absent: Price, de Leon.
Approved the Port of Los Angeles Fiscal Year 2024‑25 Statement of Debt Accountability and Capital Improvement Plan (Port report dated July 1, 2024) — (3) Yes; (0) No; (2) Absent: Price, de Leon.
Approved Motion (McOsker – Yaroslavsky) regarding power outage incidents at the Port of Los Angeles and the appropriate response — (3) Yes; (0) No; (2) Absent: Price, de Leon.
Approved Fiscal Year 2024 annual planning reports for multiple Property‑Based Business Improvement Districts, including Chinatown, Downtown Industrial District, East Hollywood, and several others (City Clerk reports).

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