The Los Angeles City Council took a step Tuesday toward borrowing up to $60 million to pay for legal payouts and court judgments despite a warning by City Controller Ron Galperin that the borrowing proposal is costly and unnecessary.
The council voted 13 to 1 to proceed with the borrowing plan. A separate vote on the bond contract is expected later this year.
City budget officials sought the judgment obligation bond to help offset the cost of several recent legal settlements, including one for more than $200 million to resolve a lawsuit by disability-rights groups over the lack of accessible publicly funded housing.
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