Economic Development Commission Revolving Loan Subcommittee

CITY OF LONG BEACH MONDAY, AUGUST 7, 2017 ECONOMIC DEVELOPMENT 333 W. OCEAN BOULEVARD COMMISSION REVOLVING LOAN 3RD FLOOR CONFERENCE RM, 1:00 PM SUBCOMMITTEE AGENDA Blair Cohn, Commissioner Walter Larkins, Commissioner Michelle Molina, Commissioner CALL TO ORDER ROLL CALL NEW BUSINESS 17-038ED Recommendation to approve the minutes for the meeting held March 28, 2017 Suggested Action: Approve recommendation. Attachments: REVOLVING LOAN SUBCOMMITTEE -MINUTES - Mar 17-039ED Recommendation to approve the revolving loan application in the amount of $95,000 for ROOTS, INC. DBA ROOTS THROUGH RECOVERY 3939 Atlantic Ave., Suite 102, Long Beach, CA 90807 Suggested Action: Approve recommendation. Attachments: Roots - REDACTED Credit Memo.pdf 17-040ED Recommendation to approve the revolving loan application in the amount of $45,000 for STEVEN G. TSEPELIS DBA BROADWAY VIDEO 3401 E. Broadway, Long Beach, CA 90803 Suggested Action: Approve recommendation. Attachments: Broadway Video - REDACTED 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 MONDAY, AUGUST 7, 2017 ECONOMIC DEVELOPMENT COMMISSION 333 W. OCEAN BOULEVARD REVOLVING LOAN SUBCOMMITTEE AGENDA 3RD FLOOR CONFERENCE RM, 1:00 PM I, Bob Mossler, Project Analyst certify that the agenda was posted not less than 72 hours prior to the meeting. ________________________ Date: _____________ Note: The Economic Development Commission Revolving Loan Subcommittee agenda and supporting documents are available on the Internet at http://longbeach.legistar.com/Calendar.aspx. Agenda items may also be reviewed in the Office of the City Clerk or online at the Main Library and at the Branch Libraries. Persons interested in obtaining an agenda via email should send an email request to the Clerk of the Economic Development Commission at robert.mossler@longbeach.gov. Any supplemental writings or documents regarding an agenda item that are distributed to a majority of the Economic Development Commission after the posting of this agenda will be available for public inspection in the Office of the City Clerk during normal business hours and available on the internet at: “http://longbeach.legistar.com/Calendar.aspx." 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 Bob Mossler 48 hours prior to the Economic Development Commission meeting at (562) 570-5503. This information is available in an alternative format by request to Bob Mossler at (562) 570-5503. For correspondence purposes you can reach City staff at robert.mossler@longbeach.gov. Page 2 of 2