City Council to Now Decide on Baseball Fields at Griffith Park's
Los Feliz Ledger Read by 100,000+ Residents and Business Owners in Los Feliz, Silver Lake, Vol 9. No. 12 June 2014 Atwater Village, Echo Park & Hollywood Hills Over Spending Map Shows Creates New Faultline Under LFVBID Mindset Two Local By Allison B. Cohen and Schools Jessica Ogilvie By Ryan White and Ameera Butt, Ledger LOS FELIZ—The Los Feliz Contributing Writers Village Business Improve- ment District (LFVBID) When the California governing board has a his- Geological Survey released a tory of erratic spending and new preliminary map of the has increased its costs on its Hollywood Fault in January, annual Street Festival 524% the agency also unleashed a since 2004 when the event new set of worries for those was nearly self liquidating who live, work or own proper- according to financial re- ties within the freshly detailed cords obtained by the Ledger. fault corridor. In 2004, the street fair Now, in the wake of a was staged by the LFVBID Los Angeles Times analysis at a cost of $19,496 and with that provides a new fly-over revenue of $18,000 meaning view of just which buildings 92% of raised revenue funded most likely sit atop the fault, the event. school administrators and oth- But in 2013, for example, ers along the fault’s presumed the festival cost $121,680 to path are either planning to stage with incoming sponsor- minimize risks or vigorously ships of $73,436, creating a SOUTH OF THE BOULEVARD—Los Feliz is wealthy north of the Boulevard. But on any given Saturday, nearly all of Los Feliz is just a regular low to middle class Los Angeles neighborhood with a median household income of $50,000 contesting the map’s accuracy.
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