Economic Development Commission Revolving Loan Subcommittee

CITY OF LONG BEACH TUESDAY, SEPTEMBER 27, 2016 ECONOMIC DEVELOPMENT 333 W. OOCEAN BOULEVARD COMMISSION REVOLVING LOAN 3RD FLOOR CONFERENCE RM, 10:00 AM SUBCOMMITTEE AGENDA Blair Cohn, Commissioner Walter Larkins, Commissioner Michelle Molina, Commissioner CALL TO ORDER ROLL CALL CONSENT CALENDAR 1. 16-042ED Recommendation to approve the minutes for the meeting held August 16, 2016. Suggested Action: Approve recommendation. Attachments: 16-050ED EDC RLF Minutes 08.16.16.pdf REGULAR AGENDA 2. 16-043ED Recommendation to approve the Revolving Loan request in the amount of $300,000 for McKenzie Crematory, 1520 Seabright Avenue, Long Beach, CA 90813. Suggested Action: Approve recommendation. Attachments: McKenzie Crematory, Inc. Credit Memo.pdf 3. 16-044ED Recommendation to approve the Revolving Loan request in the amount of $25,000 for Wide Eyes Open Palm, 416 Cherry Avenue, Long Beach, CA 90802. Suggested Action: Approve recommendation. Attachments: Wide Eyes Open Palms Inc. Credit Memo.pdf PUBLIC PARTICIPATION: Members of the public are invited to address the Committee on items of interest to the public within the Committee's jurisdiction. ADJOURNMENT Page 1 of 2 CITY OF LONG BEACH TUESDAY, SEPTEMBER 27, 2016 ECONOMIC DEVELOPMENT COMMISSION 333 W. OOCEAN BOULEVARD REVOLVING LOAN SUBCOMMITTEE AGENDA 3RD FLOOR CONFERENCE RM, 10:00 AM I, Jim Fisk, Program Manager certify that the agenda was posted not less than 24 hours prior to the meeting. ________________________ Date: _____________ The City of Long Beach intends to provide reasonable accommodations in accordance with the Americans with Disabilities Act of 1990. If a special accommodation is desired, please call the City Clerk Department 48 hours prior to the Economic Development Commission Revolving Loan Subcommittee meeting at (562) 570-6101. This information is available in an alternative format by request to City Clerk at (562) 570-6101. For correspondence purposes you can reach City staff at cityclerk@longbeach.gov. Page 2 of 2