The Long Beach Community Investment Company

CITY OF LONG BEACH WEDNESDAY, APRIL 16, 2014 THE LONG BEACH 333 W. OCEAN BOULEVARD COMMUNITY INVESTMENT 3RD FLOOR CONFERENCE ROOM, 4:00 PM COMPANY MINUTES John Thomas, Chair Jan Ward, Director Stacy McDaniel, Vice Chair Patrice Wong, Director Diane Arnold, Director REGULAR MEETING MINUTES ROLL CALL Commissioners Diane L. Arnold, Jan Ward, John Thomas and Stacy McDaniel Present: Commissioners Patrice Wong Absent: Director Wong joined the meeting at 4:04 PM. ROLL CALL Commissioners Diane L. Arnold, Jan Ward, Patrice Wong, John Thomas and Present: Stacy McDaniel Staff present: Amy Bodek, President; Angela Reynolds, Deputy Director of Development; Rich Anthony, Deputy City Attorney; Alem Hagos, Grant Administration Officer; Meggan Sorensen, Development Project Manager; Courtney Richards, Community Development Analyst; Elizabeth Salcedo, Assistant Administrative Analyst; Heather Vega, Secretary. Members of the public: Gary Shelton. FLAG SALUTE Director Ward led the flag salute. Page 1 of 5 CITY OF LONG BEACH WEDNESDAY, APRIL 16, 2014 THE LONG BEACH 333 W. OCEAN BOULEVARD COMMUNITY INVESTMENT 3RD FLOOR CONFERENCE ROOM, 4:00 PM COMPANY MINUTES PRESIDENT'S REPORT President Bodek introduced Angela Reynolds, Deputy Director of Development. Page 2 of 5 CITY OF LONG BEACH WEDNESDAY, APRIL 16, 2014 THE LONG BEACH 333 W. OCEAN BOULEVARD COMMUNITY INVESTMENT 3RD FLOOR CONFERENCE ROOM, 4:00 PM COMPANY MINUTES REGULAR AGENDA 1. 14-014CI Recommendation to receive and file the minutes of the Regular Meeting held on Wednesday, March 19, 2014. A motion was made by Director Arnold, seconded by Vice Chair McDaniel, to receive and file the minutes of the Regular Board Meeting held on Wednesday, March 19, 2014. The motion carried by the following vote: Yes: 5 - Diane L. Arnold, Jan Ward, Patrice Wong, John Thomas and Stacy McDaniel 2. 14-015CI Recommendation to authorize the President to negotiate and enter into a Property Management Agreement with Overland, Pacific, and Cutler, Inc. for the lease-up and management of the property at 1044 Maine Avenue. This item was taken out of order. Staff Sorensen presented the staff report and distributed photos of the completed project. She informed the Board that there was a break-in at the project and that staff has since made sure there is on-site security from 6PM to 6AM every day. Vice Chair McDaniel asked if City staff has worked with Overland Pacific & Cutler before. Staff Sorensen answered that City staff has worked with them quite a bit, especially in regards to income compliance. A motion was made by Vice Chair McDaniel, seconded by Director Arnold, to approve recommendation. The motion carried by the following vote: Yes: 5 - Diane L. Arnold, Jan Ward, Patrice Wong, John Thomas and Stacy McDaniel 3. 14-016CI Recommendation to receive and file a presentation on the Fiscal Year 2015 CDBG, HOME and ESG Budget - Alem Hagos, Grant Administration Officer, Neighborhood Services Bureau. Page 3 of 5 CITY OF LONG BEACH WEDNESDAY, APRIL 16, 2014 THE LONG BEACH 333 W. OCEAN BOULEVARD COMMUNITY INVESTMENT 3RD FLOOR CONFERENCE ROOM, 4:00 PM COMPANY MINUTES Staff Hagos presented the Powerpoint presentation. President Bodek spoke. Staff Hagos spoke. Vice Chair McDaniel spoke. Discussion ensued. Staff Hagos distributed the Draft FY14-15 Action Plan. Vice Chair McDaniel asked if this document was accessible to the public. Staff Hagos answered that it is on the City website. There are also advertisements in the Press-Telegram. Staff Reynolds stated that the public can comment on the Draft Action Plan and that all comments will be addressed. A motion was made by Vice Chair McDaniel, seconded by Director Wong, to receive and file the item. The motion carried by the following vote: Yes: 5 - Diane L. Arnold, Jan Ward, Patrice Wong, John Thomas and Stacy McDaniel COMMENTS BY LBCIC Director Ward spoke about Rebuilding Together Long Beach, a community group she is involved in. She requested that Daryl James, Finance Director of the organization, be invited to speak at a future LBCIC meeting. PUBLIC PARTICIPATION: Members of the public are invited to address the Board on items of interest to the public within the Agency Board jurisdiction. Each speaker will be limited to two minutes unless that time is extended by the Chair. Page 4 of 5 CITY OF LONG BEACH WEDNESDAY, APRIL 16, 2014 THE LONG BEACH 333 W. OCEAN BOULEVARD COMMUNITY INVESTMENT 3RD FLOOR CONFERENCE ROOM, 4:00 PM COMPANY MINUTES Gary Shelton spoke. ADJOURNMENT A motion was made by Director Wong, seconded by Director Arnold, to adjourn the meeting. The motion carried by the following vote: Yes: 5 - Diane L. Arnold, Jan Ward, Patrice Wong, John Thomas and Stacy McDaniel The meeting was adjourned at 5:30 PM. Respectfully submitted, ______________________________ AMY J. BODEK, PRESIDENT Approved by: _______________________________ JOHN THOMAS, CHAIR Page 5 of 5