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23-012CI
| 1 | 1. | Draft Minutes of the March 15, 2023 Mtg. | CI-Agenda Item | Recommendation to approve and file the minutes of the regular LBCIC Board meeting held on Wednesday, March 15, 2023. | approve recommendation | Pass |
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23-013CI
| 1 | 2. | 2023-2024 Action Plan | CI-Agenda Item | Recommendation to Conduct the first public hearing on the preparation of the 2023-2024 Action Plan and accept public comment. | approve recommendation | Pass |
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23-014CI
| 2 | 3. | Approval of a CDBG Loan to AMCAL Multi-Housing, Inc. | CI-Agenda Item | Recommendation to:
1. Approve a Community Development Block Grant (CDBG) loan in the amount of $3,600,000 to AMCAL Multi-Housing, Inc. (AMCAL) for acquisition of the property located at 946 Linden Avenue;
2. Authorize the President to negotiate an Acquisition Loan Agreement with AMCAL; and, Authorize the President to execute any and all documents necessary to implement the Loan Agreement and the project. | approve recommendation | Pass |
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23-015CI
| 1 | 4. | Approval to add additional funds to the Contract with Leibold, McClendon & Mann | CI-Agenda Item | Recommendation to authorize the President or designee to add $440,000 to the existing contract with the law firm of Liebold, McClendon & Mann to continue to provide legal services to The Long Beach Community Investment Company | approve recommendation | Pass |
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