https://longbeach.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=3980662&GUID=F13A0C07-ECB1-4F94-93F8-0B9B21602992Legistar15https://longbeach.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=3980662&GUID=F13A0C07-ECB1-4F94-93F8-0B9B21602992F13A0C07-ECB1-4F94-93F8-0B9B21602992-2019-08-07-23-03-51Title: Recommendation to: 1. Authorize the President or designee to negotiate and enter into a Disposition and Development Agreement for the conveyance of the properties at 469 W. 17th Street, 1720-1770 Magnolia Avenue and 469 W. Pacific Coast Highway to LINC Housing Corporation; 2. Approve a loan in the amount of up to $2,250,000 to LINC Housing Corporation to provide gap financing for the development of the properties at 469 W. 17th Street, 1720-1770 Magnolia Avenue and 469 W. Pacific Coast Highway; and 3. Authorize the President or designee to execute any and all documents necessary to implement the Disposition and Development and Loan Agreements.Wed, 07 Aug 2019 23:03:51 GMT