As the Successor Agency to the Redevelopment Agency of the City of Long Beach

CITY OF LONG BEACH TUESDAY, MARCH 17, 2015 AS THE SUCCESSOR 333 W. OCEAN BOULEVARD AGENCY TO THE COUNCIL CHAMBER, 3:30 PM REDEVELOPMENT AGENCY OF THE CITY OF LONG BEACH MINUTES Lena Gonzalez, 1st District Stacy Mungo, 5th District Dr. Suja Lowenthal, Vice Mayor, 2nd District Dee Andrews, 6th District Suzie A. Price, 3rd District Roberto Uranga, 7th District Vacant, 4th District Al Austin, 8th District Rex Richardson, 9th District Patrick H. West, City Manager Larry G. Herrera-Cabrera, City Clerk Charles Parkin, City Attorney Dr. Robert Garcia, Mayor FINISHED AGENDA & MINUTES CALL TO ORDER (3:55 PM) At 3:55 PM, Councilman Andrews called the meeting to order. ROLL CALL (3:55PM) Councilmembers Mungo, Andrews, Uranga, Austin and Richardson Present: Councilmembers Gonzalez, Lowenthal and Price Absent: Also present: Amy Bodek, Director of Development Services; Richard Anthony, Deputy City Attorney; Carolyn Hill, City Clerk Specialist; Megan Wiegelman, City Clerk Specialist. REGULAR AGENDA (3:55 PM) 1. 15-008SA Recommendation to approve the minutes for the City of Long Beach as the Successor Agency to the Redevelopment Agency of the City of Long Beach meeting held Tuesday, February 17, 2015. Page 1 of 4 CITY OF LONG BEACH TUESDAY, MARCH 17, 2015 AS THE SUCCESSOR 333 W. OCEAN BOULEVARD AGENCY TO THE COUNCIL CHAMBER, 3:30 PM REDEVELOPMENT AGENCY OF THE CITY OF LONG BEACH MINUTES A motion was made by Councilmember Richardson, seconded by Councilmember Uranga, to approve recommendation. The motion carried by the following vote: Yes: 5 - Mungo, Andrews, Uranga, Austin and Richardson Absent: 3 - Gonzalez, Lowenthal and Price 2. 15-009SA Recommendation to adopt resolution approving and authorizing the execution of various documents required to commence the refunding of various tax allocation bonds for debt service savings; and authorizing appropriate staff to take actions necessary to complete the refunding, subject to Oversight Board approval. (Citywide) Amy Bodek, Director of Development Services, spoke; and introduced Lori Koh, Treasury Operations Officer, who presented the staff report. Councilmember Richardson spoke. Amy Bodek, Director of Development Services, spoke. Councilmember Richardson spoke. A dialogue ensued between Councilmember Richardson and Amy Bodek, Director of Development Services. Richard Anthony, Deputy City Attorney, spoke. Councilwoman Mungo spoke. Lisa Fall, Administrative and Financial Services Bureau Manager, spoke. Councilwoman Mungo spoke. Amy Bodek, Director of Development Services, spoke. Councilwoman Mungo spoke. A dialogue ensued between Councilwoman Mungo and Amy Bodek, Director of Development Services. Page 2 of 4 CITY OF LONG BEACH TUESDAY, MARCH 17, 2015 AS THE SUCCESSOR 333 W. OCEAN BOULEVARD AGENCY TO THE COUNCIL CHAMBER, 3:30 PM REDEVELOPMENT AGENCY OF THE CITY OF LONG BEACH MINUTES Larry Goodhue spoke. A motion was made by Councilmember Richardson, seconded by Councilman Austin, to approve recommendation and adopt Resolution No. S.A. 01-2015. The motion carried by the following vote: Yes: 5 - Mungo, Andrews, Uranga, Austin and Richardson Absent: 3 - Gonzalez, Lowenthal and Price Enactment No: S.A. 01-2015 3. 15-010SA Recommendation to authorize City Manager, or designee, to execute listing agreements, and any other necessary documents with Blair Commercial Real Estate, Inc. (dba Coldwell Banker Commercial Blair Westmac), Cresa Partners of Los Angeles, Inc. (dba Cresa Los Angeles), Cushman & Wakefield of California, Inc., and Lee & Associates Commercial Real Estate Services, Inc. - South Bay (dba Lee & Associates-Los Angeles South Bay, Inc.), for the listing for sale of Successor Agency-owned property as needed, for a term not to exceed 12 months and for a commission amount not to exceed 6 percent of the gross sales price. (Citywide) Larry Goodhue spoke. Councilman Austin spoke. Michael Conway, Director of Economic and Property Development, presented the staff report. Councilman Austin spoke. A dialogue ensued between Councilman Austin and Michael Conway, Director of Economic and Property Development. A motion was made by Councilman Austin, seconded by Councilmember Richardson, to approve recommendation. The motion carried by the following vote: Yes: 5 - Mungo, Andrews, Uranga, Austin and Richardson Page 3 of 4 CITY OF LONG BEACH TUESDAY, MARCH 17, 2015 AS THE SUCCESSOR 333 W. OCEAN BOULEVARD AGENCY TO THE COUNCIL CHAMBER, 3:30 PM REDEVELOPMENT AGENCY OF THE CITY OF LONG BEACH MINUTES Absent: 3 - Gonzalez, Lowenthal and Price NEW BUSINESS (4:13 PM) There was no new business. ADJOURNMENT (4:13 PM) At 4:13 PM, there being no objection, Councilman Andrews declared the meeting adjourned. mw Page 4 of 4