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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.
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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.
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