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Stock impact report

Long-awaited reports outline problems with Palisades infrastructure [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
They were commissioned by the city from the global infrastructure firm AECOM at a cost of $5 million. Some Palisades residents have questioned whether the reports would contain an honest assessment of the situation. A long-awaited set of reports on how to build a fire-resilient Pacific Palisades, commissioned by Los Angeles city officials for $5 million, found that much of the hilly enclave remains out of compliance with standards for evacuating during a disaster. The reports, by the city and the global infrastructure firm AECOM, also recommended that the city complete significant brush clearance work, bolster its water system and move electrical wires underground. All of the recommendations are frequent asks from Palisades residents. Many have already been discussed at length by independent experts. They will inform the city's “Long-Term Recovery Plan” for rebuilding infrastructure and improving wildfire resilience after the Palisades fire killed 12 people and destroyed thou Show less Read more
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