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14
Tue, Jul

LA WATCHDOG--Our cash strapped City is eyeing new sources of revenue to offset the adverse impact of Covid-19 on the City’s seven economically sensitive taxes* that provide over 72% of the City’s General Fund revenue in a normal year.

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LA WATCHDOG--Carmel Partners, a San Francisco based real estate management firm that develops and owns residential real estate, and its 35 story luxury high rise at 520 Mateo Street in the Arts District were prominently mentioned in the FBI’s affidavit filed in connection with the recent arrest of Councilman Jose Huizar.

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LA WATCHDOG--On Tuesday morning, the FBI arrested Councilman Jose Huizar on “a federal racketeering charge that alleges he led a criminal enterprise that used his powerful position at City Hall to solicit and accept lucrative bribes and other financial benefits to enrich himself and his close associates in exchange for Huizar taking official actions favorable to the developers and others who financed and facilitated bribes.”  

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