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Under the compromise rates would go up 4.5 percent for residents and 5 percent to 6 percent for businesses. That's much less than what the mayor wanted - until, that is, he retreated over the weekend. A vote by the Water and Power Commission would make it official. (LAT)
Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.