Cities Index.
FISCAL IMPACT REPORT

Beverly Hills City Council
September 9, 2025

Document
FISCAL IMPACT REPORT
Meeting
September 9, 2025
Body
Beverly Hills City Council
Original file
188 KB
Text extracted from the city's file for reading and search. Open the original on beverlyhills.granicus.com. That file is the official record.

September 9, 2025
Consent Agenda
Item Number Expenditures Revenues Stated Fiscal Impact
D-1 No new fiscal impact.

D-2 No new fiscal impact.

D-3 No new fiscal impact.

D-4 No new fiscal impact.

D-5 Approve Ordinance. No new fiscal impact.

D-6 Approve Ordinance. No new fiscal impact.

D-7
Approve Ordinance. No new fiscal impact.
*Developer has agreed to a $15 million contribution
towards future public facilities improvements in
conjunction with actual bond issuance and has
agreed to amend the development agreement for the
One Beverly Hills project to increase the
Environmental Mitigation and Sustainability Fee by
1% for the second and future sales of property,
except for 20 residential units which are currently
contracted for sale.

D-8 Approve Ordinance. No new fiscal impact.

D-9 Approve Ordinance for equipment under $100,000.

Budgeted Expenditure.

D-10 $ 490,475 Approve lease amendment for $490,474.68 base rent over 3 years.

D-11 200,000 $
Approve $200,000 amendment and authorize City
Manager to approve purchase orders. Budgeted
Expenditure.

D-12 $ 200,000 Approve agreement and $200,000 purchase order.

Budgeted Expenditure.

D-13 783,635 $
Approve agreement and $783,634.84 purchase
order. Full cost of services will be reimbursed by the
project developer.

D-14 $ 539,094 Approve $539,093.99 purchase order. Budgeted Expenditure.

TOTAL 1,722,729 $ 490,475 $
City of Beverly Hills
Consent Agenda Fiscal Impact Report

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