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What is the short term outlook for Kitex Garments Limited (KITEX) ✌️【Market Analysis】✌️ Real-time global stock trend and futures data to help you plan investment strategies for long-term returns. The city council then unanimously approved Councilwoman Traci Park’s emergency motion to block demolition and begin the process of designating the house as a historic building, 【 - Free Professional Portfolio Management 】 previously reported. Park represents the district where the house is located.
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What is the short term outlook for Kitex Garments Limited (KITEX) ✌️【Market Analysis】✌️ Real-time stock market predictions and analysis, offering precise advice on top-performing stocks to help you seize the best opportunities for growth. Gain access to expert insights and global market data to make timely investment decisions. The home’s owners sued the city over the matter in May, claiming “abuse of power.” A motion for a preliminary injunction to stop the city council’s vote to preserve the home was denied by a judge earlier this month, but the case remains ongoing and should be set for trial later this fall, according to Peter C. Sheridan of Glaser Weil Fink Howard Jordan & Shapiro LLP, an attorney representing the owners.
During a speech in front of the council before the vote Wednesday, Park urged her colleagues to preserve the LA landmark. She referred to the home, like Monroe, as “iconic.”
“There is likely no woman in history or culture who captures the imagination of the public the way Marilyn Monroe did. Even all these years later, her story still resonates and inspires many of us today,” she said. “To lose this piece of history, the only home Marilyn Monroe ever owned, would be a devastating blow for historic preservation, and for a city where less than 3% of historic designations are associated with women’s heritage.”
Park said that she did not take the matter lightly and that she has been in communication with nearby residents about their concerns over traffic and safety.
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“My team and I have worked closely with the property owners to assess potentially moving the home to a place where the public might actually be able to visit and spend time,” she said. “I remain hopeful and committed to work with the property owners to see if this can be done in the future, but today, let’s preserve this essential piece of LA’s history and culture.”
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“In fact, the opposite is true,” he continued, adding that “Ms. Park has ignored the fact that her constituents – civic and homeowner’s groups in the community – are adamantly against the designation of the home. Ms. Park has also ignored that the City granted dozens of permits to over 14 different prior owners to change the home through numerous remodels, resulting in there being nothing left reflecting Ms. Monroe’s brief time there 60 years ago.”
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“This designation is proof that community advocacy WORKS,” the organization said in anInstagram post, thanking Park for her efforts.
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