LA Council Watch

The Old Granada Village Business Improvement District (Property Based) / 2027-2034 / Renewal

Council File 26-0553

Introduced
2026-04-15
Last changed
2026-05-22
Status
open
Expires
2028-05-01
Initiated by
City Clerk

Brief

The City Clerk submitted an ordinance to renew the Old Granada Village Business Improvement District (a property-based BID) for a seven-year term from 2027 through 2034. The Economic Development and Jobs Committee approved the item on April 21, and City Council adopted it unanimously (14-0-1) on May 5, 2026. The ordinance was transmitted to the Mayor and published, taking effect June 22, 2026.

Full summary

The Old Granada Village Business Improvement District sought renewal of its legal authorization to operate as a property-based BID. Under California's Property and Business Improvement District Law of 1994, the City adopted an Ordinance of Intention to re-establish the district and continue levying property assessments on owners within the defined boundary. The renewal authorizes an eight-year term running through 2034, during which assessment revenue will fund local improvements, services, and commercial district management in the Granada Village area. The City Clerk's April 14, 2026 report included 17 specific recommendations covering the structure and terms of the renewed BID. On the fiscal side, no City-owned property falls within the district, so the General Fund's direct assessment obligation is zero for the full term. However, Proposition 218 requires that general benefits be funded separately from special benefits, and the general benefit portion for the BID's first year is $3,220, to be drawn from the Business Improvement District Trust Fund 659. The City must budget non-assessment funds annually for that general benefit expense throughout the remaining years of the eight-year term. The City Attorney, with assistance from the City Clerk, was directed to prepare a final enabling ordinance following a required public hearing. The Economic Development and Jobs Committee considered the item on April 21, 2026, held public comment, and approved all recommendations unanimously, with committee members Price, Soto-Martinez, Jurado, Nazarian, and Park all voting yes. The full Council adopted the ordinance on May 5, 2026, by a 14-0-1 vote, with no recorded opposition or amendments. The ordinance was transmitted to the Mayor the same day, published on May 22, 2026, and took effect June 22, 2026. The Old Granada Village BID is now authorized to operate and levy assessments through 2034.

Activity (8)

  • 2026-05-22 Ordinance posted/published. Ordinance effective date: June 22, 2026.
  • 2026-05-05 City Clerk transmitted file to Mayor. Last day for Mayor to act is May 15, 2026.
  • 2026-05-05 Council adopted item forthwith.
  • 2026-05-01 City Clerk scheduled item for Council on May 5, 2026.
  • 2026-04-21 Economic Development and Jobs Committee approved item(s) .
  • 2026-04-17 Economic Development and Jobs Committee scheduled item for committee meeting on April 21, 2026.
  • 2026-04-16 City Clerk document(s) referred to Economic Development and Jobs Committee.
  • 2026-04-15 Document submitted by City Clerk, dated April 14, 2026.

Documents (6)

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