https://longbeach.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=659037&GUID=8F31AFF6-D815-477F-B7D3-BEEBF1E32A81Legistar15https://longbeach.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=659037&GUID=8F31AFF6-D815-477F-B7D3-BEEBF1E32A818F31AFF6-D815-477F-B7D3-BEEBF1E32A81-2019-01-22-23-09-02Title: Recommendation to authorize City Manager to execute all related documents to implement a business and job retention loan using Community Development Block Grant (CDBG) funds amortized over five years in the amount of $600,000, with interest at five percent per year to Worthington Ford, Inc., with $200,000 being dispersed upon execution of the loan agreement, and $400,000 being dispersed upon the U. S. Department of Housing and Urban Development (HUD) approval of the City's FY 2010 - FY 2011 Action Plan Amendment. (Citywide)Tue, 22 Jan 2019 23:09:02 GMT