In November, Los Angeles gave the OK for a private donor to build a badly needed retaining wall in Runyon Canyon Park, along with a basketball court that would bear his company’s logo.

On Wednesday — in the wake of a public outcry, as well as a lawsuit from a group of neighbors of the very popular, very heavily used open space — the city is expected to rescind its approval.

That the Board of Recreation and Parks commissioners will vote to do so seems all but certain, given that the department, the councilman whose district includes the park and the Friends of Runyon Canyon, a nonprofit that initially supported the project, now are against it.

A reversal, however, will come at a high cost: somewhere around $210,000, according to Councilman David Ryu. That’s how much the city will have to pay back to Neima Khaila, chief executive of Pink Dolphin, a limited-edition street-wear company, if it breaks its agreement.

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