from this morning's Los Angeles Business Journal (9/4):
Hollywood’s Business Improvement District To Grow
By DEBORAH CROWE - 9/4/2008
Los Angeles Business Journal Staff
"The Los Angeles City Council has endorsed the Hollywood property owners’ vote to renew and expand the Hollywood Entertainment District for a 10-year period through the end of 2018.
The ballot tabulation, which was conducted by the Office of the City Clerk, resulted in an estimated 91 percent affirmative vote by property owners for renewal of the District, making the HED one of the more heavily supported business improvement districts in the Los Angeles area, officials said.
Property assessments will fund a $3.4 million-a-year budget for the district. The district pays for security, maintenance and marketing services that have helped drive Hollywood’s revitalization efforts." ...
for the complete story
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