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The committee unanimously approved authorization to issue and sell 2026-C and 2026-D lease revenue bonds for the Los Angeles Convention Center Expansion and Modernization Project. Members also approved a Fiscal Year 2026-27 framework for deferred maintenance and capital repairs, increased Los Angeles Zoo admission fees, and approved several public safety and administrative measures.
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The bond approval advances financing for expansion and modernization work at the Los Angeles Convention Center, subject to further city action where required. The committee also approved a process for prioritizing deferred maintenance and capital repair projects in Fiscal Year 2026-27. Los Angeles Zoo admission fees will increase under the approved ordinance, although the minutes do not state the new fee amounts.
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