LA WATCHDOG--The City of Los Angeles is proposing a $103 million tax break to subsidize the development of a $454 million, 1,130 room hotel complex at the corner of Figueroa and Pico, strategically located in the booming South Park area of DTLA, directly across the street from Gilbert Lindsey Plaza and the Los Angeles Convention Center. 

LA WATCHDOG--Alexander Nazaryan’s Op-Ed column in the Los Angeles Times, Let’s Compare Eric Garcetti and Bill de Blasio, paints a positive image of Mayor Eric Garcetti, an “embodiment of pragmatic politics,” compared to New York City Mayor Bill de Blasio, an “ideologue driven by a self-serving fervor who easts his pizza with a knife and fork.”

LA WATCHDOG--It has been over a year since Miguel Santana announced that he was resigning as the City Administrative Officer to become the President and Chief Executive Officer of the Los Angeles County Fair Association.  And despite the call for a nationwide search for the most important job in the City of Los Angeles, we still do not have a permanent City Administrative Officer which makes you wonder why.

LA WATCHDOG--The unfunded liability for the Department of Water and Power’s retirement liabilities improved as a result of the 12.7% return on invested assets for the fiscal year ending June 30, 2016. As a result, the shortfall decreased from $2.8 billion (81% funded) to $1.8 billion (88% funded). 

LA WATCHDOG—(Editor’s note: Jack Humphreville is currently snowed in on the east coast. LA’s Watchdog will return on Thursday. In the interim, here’s a replay of Jack’s most read column of 2017.) Why are Councilmembers Paul Krekorian, the Chair of the Budget & Finance Committee, and Paul Koretz, the Chair of the Personnel Committee, and Mayor Eric Garcetti unwilling to be transparent about the City’s pension crisis that contributes to its never ending Structural Deficit and is crowding out basic services to Angelenos?  

LA WATCHDOG--As a result of Raul Bocanegra’s resignation from the State Assembly, taxpayers will have to foot the bill for a special election to fill his seat.  This will more than likely include two trips to the polls, a primary and then a runoff, costing taxpayers an estimated $2 million, if not more.  And this does not take into consideration the distraction caused by this special election or the campaign dollars spent by the aspiring candidates. (Photos above: State Senators Kevin de Leon, left and Ricardo Lara) 

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