City of Long Beach - File #: 10-071R

• File #: 10-071R
• Version: 1
• Name: 1st Amendment to DLBA Agreement to increase contract
• Type: RDA-Contract
• Status: Approved
• File created: 6/10/2010
• In control: Redevelopment Agency Board
• On agenda: 6/21/2010
• Final action: 6/21/2010
• Title: Recommendation to approve and authorize the Executive Director to execute a First Amendment to the Agreement with the Downtown Long Beach Associates (DLBA) to increase the contract by an amount not to exceed $155,500 in Fiscal Year 2009-2010; to extend the Agreement one year and add an amount not to exceed $392,500 in Fiscal Year 2010-2011; and to allow the Redevelopment Agency to receive funding up to $500,000 from DLBA for various projects. (Downtown and Central - Districts 1, 2)
• Related files: 09-055R, 11-004R

Date	Ver.	Action By	Action	Result
6/21/2010	1	Redevelopment Agency Board	approve recommendation	Pass

TITLE

Recommendation to approve and authorize the Executive Director to execute a First Amendment to the Agreement with the Downtown Long Beach Associates (DLBA) to increase the contract by an amount not to exceed $155,500 in Fiscal Year 2009-2010; to extend the Agreement one year and add an amount not to exceed $392,500 in Fiscal Year 2010-2011; and to allow the Redevelopment Agency to receive funding up to $500,000 from DLBA for various projects. (Downtown and Central - Districts 1, 2)

SUGGESTED ACTION

Approve recommendation.