City of Long Beach - File #: 11-009R

• File #: 11-009R
• Version: 1
• Name: Amend & Restate Agreement for services between the RDA & City of LB to encumber $866 million through FY21.
• Type: RDA-Resolution
• Status: Adopted
• File created: 1/18/2011
• In control: Redevelopment Agency Board
• On agenda: 1/20/2011
• Final action: 1/20/2011
• Title: Recommendation to authorize the Executive Director to execute an Amended and Restated Agreement for Services between the Redevelopment Agency and the City of Long Beach to encumber approximately $886,000,000 in current and future redevelopment tax increment proceeds through FY21 to support revitalization of neighborhoods throughout all redevelopment project areas; and Adopt resolutions making certain findings regarding the construction of certain public improvements in all Redevelopment Project Areas with the exception of West Beach. (All Project Areas - Citywide)
• Related files: 10-070R, 09-132R, 09-131R, 09-124R, 07-053R, 07-079R, 07-089R, 07-145R, 07-147R, 08-009R, 09-019R, 09-046R, 06-136R, 06-154R, 06-166R, 06-229R

Date	Ver.	Action By	Action	Result
1/20/2011	1	Redevelopment Agency Board	approve recommendation and adopt	Pass

TITLE

Recommendation to authorize the Executive Director to execute an Amended and Restated Agreement for Services between the Redevelopment Agency and the City of Long Beach to encumber approximately $886,000,000 in current and future redevelopment tax increment proceeds through FY21 to support revitalization of neighborhoods throughout all redevelopment project areas; and

Adopt resolutions making certain findings regarding the construction of certain public improvements in all Redevelopment Project Areas with the exception of West Beach. (All Project Areas - Citywide)

SUGGESTED ACTION

Approve recommendation.