The Long Beach Community Investment Company

CITY OF LONG BEACH WEDNESDAY, MARCH 16, 2016 THE LONG BEACH 333 W. OCEAN BOULEVARD COMMUNITY INVESTMENT 3RD FLOOR CONFERENCE ROOM, 4:00 PM COMPANY MINUTES John Thomas, Chair Jan Ward, Director Diane Arnold, Vice Chair Patrice Wong, Director Stacy McDaniel, Director Sabrina Sanders, Director Russell Doyle, Director FINISHED AGENDA AND DRAFT MINUTES CALL TO ORDER At 4:06 PM, Chair Thomas called the meeting to order. ROLL CALL Commissioners Jan Ward, Sabrina Sanders, Russell Doyle, John Thomas, Stacy Present: McDaniel and Diane L. Arnold Commissioners Patrice Wong Absent: Staff Present: Amy Bodek, President; Patrick Ure, Vice-President; Rich Anthony, Deputy City Attorney; Lisa Fall, Administrative and Financial Services Bureau Manager; Alem Hagos, Grant Administration Officer; Kate Brewer, Secretary. FLAG SALUTE Director Doyle led the flag salute. PRESIDENT'S REPORT President Bodek made community announcements. NEW BUSINESS Page 1 of 5 CITY OF LONG BEACH WEDNESDAY, MARCH 16, 2016 THE LONG BEACH 333 W. OCEAN BOULEVARD COMMUNITY INVESTMENT 3RD FLOOR CONFERENCE ROOM, 4:00 PM COMPANY MINUTES Deputy City Attorney, Rich Anthony, spoke. Chair Thomas spoke. President Bodek spoke. Chair Thomas recognized Director Sanders on recent accomplishment of receiving Woman of Year for the 63rd Assembly District by Assembly Speaker Anthony Rendon. Director Sanders spoke. Discussion ensued. Director McDaniel proposed inviting Mayor Garcia to attend a future meeting to discuss his Housing Policy/Housing Initiative. Discussion ensued. REGULAR AGENDA 1. 16-005CI Recommendation to receive and file the minutes of the regular Board meeting held on Wednesday, January 20, 2016. A motion was made by Vice Chair Arnold, seconded by Director Doyle, to approve recommendation. The motion carried by the following vote: Yes: 6 - Jan Ward, Sabrina Sanders, Russell Doyle, John Thomas, Stacy McDaniel and Diane L. Arnold Absent: 1 - Patrice Wong 2. 16-006CI Recommendation to receive and file the Housing Successor Annual Report regarding the Low and Moderate Income Housing Asset Fund for Fiscal year 2014-2015 and direct the President to post and distribute the report as required by Section 34176.1 of the California Health and Safety Code. President Bodek presented the report. Page 2 of 5 CITY OF LONG BEACH WEDNESDAY, MARCH 16, 2016 THE LONG BEACH 333 W. OCEAN BOULEVARD COMMUNITY INVESTMENT 3RD FLOOR CONFERENCE ROOM, 4:00 PM COMPANY MINUTES Dialogue between Chair Thomas, President Bodek, Vice President Ure, Director Doyle and Lisa Fall, Administrative and Financial Services Bureau Manager. Discussion ensued. Vice Chair Arnold spoke. Discussion ensued. Director McDaniel spoke. Discussion ensued. A motion was made by Director McDaniel, seconded by Director Sanders, to approve recommendation. The motion carried by the following vote: Yes: 6 - Jan Ward, Sabrina Sanders, Russell Doyle, John Thomas, Stacy McDaniel and Diane L. Arnold Absent: 1 - Patrice Wong 3. 16-007CI Recommendation to receive and file the Presentation on the Fiscal Year 2017 Housing Fund Budget - Lisa Fall, Manager, Administrative and Financial Services Bureau. Chair Thomas spoke. Dialogue between President Bodek, Director McDaniel and Lisa Fall, Administrative and Financial Services Bureau Manager. Vice Chair Arnold spoke. Director McDaniel spoke. Director Doyle spoke. Discussion ensued. Vice President Ure spoke. Page 3 of 5 CITY OF LONG BEACH WEDNESDAY, MARCH 16, 2016 THE LONG BEACH 333 W. OCEAN BOULEVARD COMMUNITY INVESTMENT 3RD FLOOR CONFERENCE ROOM, 4:00 PM COMPANY MINUTES Director Ward spoke. Discussion ensued. A motion was made by Director McDaniel, seconded by Vice Chair Arnold, to approve recommendation. The motion carried by the following vote: Yes: 6 - Jan Ward, Sabrina Sanders, Russell Doyle, John Thomas, Stacy McDaniel and Diane L. Arnold Absent: 1 - Patrice Wong PUBLIC PARTICIPATION: No members of the public were present. ADJOURNMENT At 5:12PM, Chair Thomas adjourned the meeting. NOTE: The City of Long Beach provides reasonable accommodations in accordance with the Americans with Disabilities Act of 1990. If a special accommodation is desired, or if an agenda is needed in an alternative format, please call the Development Services Department, 48 hours prior to the meeting at (562) 570-7162 or (562) 570-6793 (telecommunications device for the deaf). The Development Services Department email at lbds@longbeach.gov is available for correspondence purposes. Respectfully submitted, Approved by: ____________________ ____________________ Amy J. Bodek, President John Thomas, Chair KB Page 4 of 5 CITY OF LONG BEACH WEDNESDAY, MARCH 16, 2016 THE LONG BEACH 333 W. OCEAN BOULEVARD COMMUNITY INVESTMENT 3RD FLOOR CONFERENCE ROOM, 4:00 PM COMPANY MINUTES Page 5 of 5