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Stock impact report

For L.A.'s mayor, a Palisades recovery marked by missteps, reversals and delays [Los Angeles Times (CA)]

AECOM (ACM) 
Last aecom earnings: 2/3 06:55 am Check Earnings Report
US:NYSE Investor Relations: investors.aecom.com/mobile.view?c=131318
In her State of the City address in April, Los Angeles Mayor Karen Bass called for a law exempting fire victims from construction permit fees — potentially saving them tens of thousands of dollars as they rebuild their homes. Eight months later, the City Council is still debating how much permit relief the city can afford. Palisades residents have been left hanging, with some blaming Bass for failing to finalize a deal. “This should have been pushed, and it wasn't pushed,” said electrician Tom Doran, who has submitted plans to rebuild his three-bedroom home. “There was no motor on that boat. It was allowed to drift downstream.” Since the Jan. 7 fire destroyed thousands of homes, Bass has been announcing recovery strategies with great fanfare, only for them to get bogged down in the details or abandoned altogether. At one point, she called for the removal of traffic checkpoints around Pacific Palisades, only to reverse course after an outcry over public safety. She pushed tax Show less Read more
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