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11-010HC
| 1 | 1. | January Minutes | HC-Agenda Item | Recommendation to receive and file the minutes of the special meeting and regular meeting of January 19, 2011 and the special meeting of January 25, 2011. | received and filed | Pass |
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11-011HC
| 1 | 2. | Jamboree Housing Corp DDA & Fin Assist. | HC-Agenda Item | Recommendation to:
1. Authorize the President or designee to negotiate and enter into a Disposition and Development Agreement with Jamboree Housing Corporation for the purchase and rehabilitation of three LBHDC-owned properties located at 1893-1911 Pine Avenue, subject to any approvals required by the Long Beach Redevelopment Agency and the City Council;
2. Approve financial assistance of up to $5,714,560 to Jamboree Housing Corporation and authorize the President or designee to negotiate the terms of the loans; and
3. Authorize the President or designee to execute any and all documents necessary to implement the Disposition and Development Agreement and Loan Agreements. | approve recommendation | Pass |
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11-013HC
| 1 | 3. | Habitat for Humanity DDA Henderson/Chestnut/Magnolia | HC-Agenda Item | Recommendation to:
1. Approve a First Amendment to the Disposition, Development and Loan Agreement with Habitat for Humanity of Greater Los Angeles to revise the second mortgage assistance amounts based on the appraisal value of the properties at the time of sale and on the actual income of the selected homebuyers; and
2. Authorize the President or designee to execute any and all documents necessary to implement the First Amendment to the Disposition, Development and Loan Agreement. | approve recommendation | Pass |
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11-014HC
| 1 | 4. | LBHDC Financial Report for Period Ending 12/31/10 | HC-Agenda Item | Recommendation to receive and file the Financial Report for the period ending December 31, 2010. | received and filed | Pass |
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11-015HC
| 1 | 5. | Section 3 Audit Report | HC-Agenda Item | Recommendation to receive and file the Section 3 Report. | received and filed | Pass |
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11-016HC
| 1 | 6. | Committee Minutes | HC-Agenda Item | Recommendation to receive and file the Committee Minutes. | received and filed | |
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11-017HC
| 1 | 7. | Reports of the President | HC-Agenda Item | Recommendation to receive and file the Reports of the President. | received and filed | |
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