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City of La Mirada FALL 2013


La Mirada Named Finalist for “Most Business- Friendly City” Award


For the sixth consecutive year, La Mirada is a finalist for the “Most Business-Friendly City” award from the Los Angeles County Economic Development Corporation (LAEDC).


La Mirada’s low cost of doing business, business recognition program, and low crime rate were among the reasons for its selection. For over 50 years the City has worked closely with businesses to meet their needs and promote economic vitality.


“Businesses are an important part of La Mirada and we work to maintain positive relationships with the business community,” says City Manager Jeff Boynton. “Being named a six-time finalist for this award reflects La Mirada’s stability as an excellent business location.”


This year, the City expanded its Business Recognition Program to highlight La Mirada business and community achievements at City Council meetings and City publications.


The LAEDC will announce its “Most Business Friendly City” award winner on November 14.


Roseview Shopping Center Improvements


Renovations continue at the Roseview Shopping Center on the southeast corner of Valley View Avenue and Rosecrans Avenue.


façade


The 10,126 square foot shopping center has received extensive improvements,


including new glass windows, glazing


treatments, and stonework. New signage and parking lot landscaping will significantly improve the center's appearance to be more attractive to potential tenants.


Similar façade improvements are also underway at the multi-tenant commercial center across the street at 13940 Valley View Avenue.


Assessed Value of La Mirada Properties Grows


Property values in La Mirada have grown by more than 5 percent during the past year according to a recent report by the Los Angeles County Assessor’s Office.


La Mirada’s property values grew by $256,405,157 to $5,319,525,500


in Fiscal Year 2013-14. The new figures were part of the 2013 Assessment Roll released by the Assessor’s Office.


value of all taxable property in Los Angeles County in accordance with provisions of the California Constitution.


The first time La Mirada’s assessed value passed the $5 billion mark was in FY 2008-09 when it reached $5,053,220,948. The total slipped to $4,848,619,805 in FY 2010-11 during the depth of the national fiscal crisis. In the three years since that period it has climbed by nearly $500 million.


A decade ago, La Mirada’s assessed valuation stood at $3,728,070,983. In the past 10 years, La Mirada has recorded an impressive net gain in assessed valuation of nearly 43 percent.


The assessment roll reflects the


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