LAX directors are preparing to move forward next week with the first part of the airport's $11 billion-plus modernization before obtaining federal approval for the plan and before completing an environmental review of the initial project, the Daily Breeze reported. The Board of Airport Commissioners is scheduled to vote Monday on whether to begin looking for companies to tackle the first LAX modernization project, a $255 million renovation of the southern runway complex, which will include shifting the southernmost runway closer to the city of El Segundo. The FAA is scheduled to issue its decision on the LAX modernization by the end of this month.
Hahn Offers Production Rebate Ahead of Governor's Plan
Los Angeles Mayor James Hahn unveiled a new production incentive plan Thursday to complement the more wide-ranging package under consideration by California Gov. Arnold Schwarzenegger, The Hollywood Reporter said. Hahn's anti-runaway production proposal is a straight rebate, in which companies would get back 5 percent pf their below-the-line costs on the first $12.5 million in production costs, provided that at least 75 percent of that work is done in the city of Los Angeles. If approved without revision, the plan would disburse as much as $15 million in the first year, ideally beginning with the new fiscal year in July.
Roads Are Poorer After Pouring Rain
City motorists dodged thousands of potholes during this winter's storms, as neglected streets are in shoddy condition and more than two-thirds of them need repairs, the Daily News of Los Angeles reported. It took nearly 10,000 hours in overtime to fill more than 25,000 potholes since Jan. 7, but the repairs may not last more than a couple of years because the roads are in such poor condition. And there's no relief coming anytime soon, as fewer than 4 percent of the problem streets are slated to be resurfaced under the current L.A. city current budget. The budget provides $44 million for 135 miles of resurfacing, $7.1 million for 300 miles of sealant and $1.6 million to pave the city's dirt streets.
Edison Rates to Rise 5 Percent in April
Average rates charged to Southern California Edison Co.'s 4.6 million electricity customers will jump about 5 percent next month, with the biggest share of the increase falling on residential customers, according to decisions issued by the state Public Utilities Commission on Thursday. Beginning April 14, residential ratepayers who use more than 350 kilowatt hours per month , about 60 percent of the total , should see their bills go up by 7 percent to 8 percent, adding about $5 to their monthly bill, Edison said. Small and large commercial users should get hit with only a 1.5 percent increase, while rates for industrial customers are scheduled to rise by 4 percent, the Los Angeles Times reported.
For reprint and licensing requests for this article, CLICK HERE.