A Convention Center licensee shall pay the applicable rental rate of $.32 per square foot of space for the rental of the various halls (Flat Fee Method). Pursuant to the criteria set forth in Section 8.149.1, the rental rate charged may be adjusted by an amount up to 35 percent above or below the rental rate referenced in this section or waived.
The Flat Fee Method shall be based on a $0.32 per net square foot of space in the various halls as set forth below:
West Hall | Daily Rate |
A | $16,000 |
B | $8,000 |
AB | $24,000 |
South Hall | Daily Rate |
G | $11,200 |
H | $8,960 |
J | $8,960 |
K | $11,200 |
GHJK | $40,000 |
GHJ or HJK | $29,120 |
HJ | $17,920 |
JK or GH | $20,160 |
Kentia Hall | Daily Rate |
- | $14,400 |
The Los Angeles City Tourism Department shall conduct a survey of rental rates at convention centers nationwide at least every five years and shall present recommendations to the Mayor and Council for appropriate rental rate adjustments.
SECTION HISTORY
Added by Ord. No. 150, 795, Eff. 6-5-78.
Amended by: Title and Section, Ord. No. 155,000, Eff. 4-26-81; In Entirety, Ord. No. 160,392, Eff. 10-27-85; In Entirety, Ord. No. 164,085, Eff. 11-6-88; In Entirety, Ord. No. 170,125, Eff. 12-24-94.
Readopted by Ord. No. 173,492, Eff. 10-10-00.
Amended by: First Paragraph and Table, Ord. No. 177,182, Eff. 1-15-06; Ord. No. 181,150, Eff. 6-5-10; Ord. No. 183,008, Eff. 6-9-14; Title and Section, Ord. No. 186,501, Eff. 3-10-20; Ord. No. 187,183, Eff. 10-18-21.