BUILDING MORATORIUM OFFICIALLY ON BALLOT

The LA City Council voted Friday in favor of putting the Neighborhood Integrity Initiative, the anti-megadevelopment measure, on the ballot in March. The initiative would impose a two-year moratorium on the majority of big projects. It would also ban most “spot zoning” and other amendments. The group of backers behind the Neighborhood Integrity Initiative is spearheaded by the AIDS Healthcare Foundation, the Los Angeles Business Journal reports. The LA City Clerk’s office officially certified the measure last month, making it eligible for the ballot after its backers turned in 104,000 signatures. Just 62,000 were needed. The measure is opposed by many developers and business organizations. [LABJ]

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