TITLE
Recommendation to:
1. Approve an Amendment to the Acquisition and Predevelopment Loan Agreement (Long Beach & Anaheim Phase II) by and among The Long Beach Community Investment Company and LBHA, LLC; and,
2. Approve an Amendment to the Phase II Four Party Agreement between Meta Housing Corporation, Century Housing Corporation, The Long Beach Community Investment Company, and the City of Long Beach; and,
3. Approve an Assignment and Assumption Agreement and all other actions necessary to affect the forgoing, with conditions; and,
4. Authorize the President to execute any and all documents necessary to implement the Amendments and Assignment and Assumption Agreement.
SUGGESTED ACTION
Approve recommendation.