This week, Councilman Krekorian co-sponsored a motion authored by Councilmember Mitch O'Farrell that would reduce by half the fees the devastated restaurant industry pays delivery services. Currently, the services can charge up to 30% of the cost of the delivery. The motion lowers that figure to no more than 15%.

The devastation that the COVID-19 pandemic has visited upon small businesses across the country is measured in mandatory closures, massive unemployment, and long lines at food pantries. For now, these drivers of the American economy are facing a situation as dire as any in the recent history of our country.

LOS ANGELES - Throughout our community, friends and neighbors have suddenly found themselves unemployed and many of our favorite businesses have either closed, or struggle to remain open. 

As Chair of the Ad Hoc Jobs Creation Committee, I created the Jobs and Economic Development Incentive (JEDI) Zone Program. My intent was to put forward an economically advantageous plan for urban areas that would replace the Community Redevelopment Agency of Los Angeles, which was eliminated by then California Governor Jerry Brown in 2011.

Four years ago, I introduced a motion to create the city's first-ever Small Business Commission. My intent was to enable small businesses to have a more powerful presence within city government.

FOR IMMEDIATE RELEASE

November 19, 2019

LOS ANGELES – The first ever Small Business Commission sponsored by the City of Los Angeles held its inaugural meeting today. The idea for the commission began four years with a motion from Los Angeles City Councilmember Paul Krekorian, chair of the Ad Hoc Committee on Comprehensive Job Creation.

LOS ANGELES - Councilmember Krekorian told the Metro Women's Small Business Summit held at Union Station this week that "it is an incredible time to do business in Los Angeles."

LOS ANGELES - The City of Los Angeles just launched a new online portal that will help maximize the value of city property, and more efficiently provide options for affordable housing, homeless service facilities and other priorities. The comprehensive, searchable property database will enable staff to manage city property more effectively, and allow the public to track the development of community assets, like police and fire stations, libraries and public parks. The portal is available at lacity.org/property.

NORTH HOLLYWOOD - This week, Councilmember Krekorian joined Costco CEO W. Craig Jelinek to celebrate the opening of Costco's first Business Center in Los Angeles, located in North Hollywood. Krekorian's office worked closely with Costco for two years to help them navigate the city's planning process and open their doors for business in the Valley.

This week, the City Council unanimously approved a citywide plan to create jobs and make Los Angeles more business-friendly.