PACHECO FORMS ANTI-SPLIT GROUP PACHECO RALLIES MOSTLY MINORITIES TO BATTLE SECESSION.Byline: Harrison Sheppard Staff Writer City Councilman Nick Pacheco Lauro "Nick" Pacheco, Jr. is an American attorney, politician, and a member of the Democratic Party. Pacheco served as a member of the Los Angeles City Council (1999-2003). has formed a campaign committee to persuade voters in his Eastside council district to vote against San Fernando Valley San Fernando Valley Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills. cityhood, he said Thursday. The group, called One L.A. for Everyone, or OLE, will work to raise money and convince voters in Pacheco's mostly Latino district that Valley secession will be bad for them because it will result in less state and federal funds Federal Funds Funds deposited to regional Federal Reserve Banks by commercial banks, including funds in excess of reserve requirements. Notes: These non-interest bearing deposits are lent out at the Fed funds rate to other banks unable to meet overnight reserve for programs such as affordable housing and anti-gang efforts, he said. ``I don't like the idea that people are trying to court the minority vote by trying to convince them they'll be a bigger fish in a smaller pond,'' Pacheco said. ``My viewpoint is it's meaningless to tell the minority community that you're going to have a bigger spoon, but there's going to be less food on your plate. That's how I look at it.'' Secessionists have argued that the same proportional level of federal and state funds will still flow to the remaining Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. because even losing 1.35 million people, it will be the nation's third-largest city and still the largest in California. Advocates of a Valley city also argue that minority communities would have more representative government in a smaller city through reduced population in each council district. Although most of the Los Angeles City Council Also, Mayor James Hahn today is expected to announce anti-secession endorsements from three groups representing minority businesses. Hahn will hold a news conference at a Sun Valley business to announce support from the Asian Business League, the Greater Los Angeles African American African American Multiculture A person having origins in any of the black racial groups of Africa. See Race. Chamber of Commerce and the Latin Business Association. Earlier, at 9 a.m. today, Hahn was scheduled to be on Spanish-language radio station KLVE (107.5 FM) to take questions from the public. Although he knows a little Spanish, he will speak in English with a Spanish translator, aides said. |
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