The Long Beach Community Investment Company

CITY OF LONG BEACH WEDNESDAY, MARCH 21, 2018 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 4:03 PM, Chair Thomas called the meeting to order. ROLL CALL Commissioners Jan Ward, John Thomas, Diane L. Arnold and Russell Doyle Present: Commissioners Patrice Wong, Stacy McDaniel and Sabrina Sanders Absent: Staff Present: Patrick Ure, President; Lisa Fall, Vice President; Rich Anthony, Deputy City Attorney; Meggan Sorensen, Housing Development Officer; Kjell Stava, Administrative Analyst; Andrew Chang, Administrative Analyst; Kate Brewer, Secretary. FLAG SALUTE Director Doyle led the flag salute. PRESIDENT'S REPORT Chair Thomas spoke. President Ure spoke. Vice President Fall spoke. Page 1 of 5 CITY OF LONG BEACH WEDNESDAY, MARCH 21, 2018 THE LONG BEACH 333 W. OCEAN BOULEVARD COMMUNITY INVESTMENT 3RD FLOOR CONFERENCE ROOM, 4:00 PM COMPANY MINUTES Discussion ensued. Director Doyle spoke. Discussion ensued. Director Ward spoke. Discussion ensued. Vice Chair Arnold spoke. Discussion ensued. REGULAR AGENDA 1. 18-009CI Recommendation to receive and file the minutes of the Regular Board Meeting held Wednesday, February 21, 2018. Chair Thomas spoke. A motion was made by Vice Chair Arnold, seconded by Director Doyle, to approve recommendation. The motion carried by the following vote: Yes: 4 - Jan Ward, John Thomas, Diane L. Arnold and Russell Doyle Absent: 3 - Patrice Wong, Stacy McDaniel and Sabrina Sanders 2. 18-010CI Recommendation to receive and file the Presentation on the Fiscal Year 2018-2019 Long Beach Community Investment Company Budget Chair Thomas spoke. Vice President Fall spoke. Kjell Stava, Administrative Analyst, provided a presentation. Rich Anthony, Deputy City Attorney, spoke. Page 2 of 5 CITY OF LONG BEACH WEDNESDAY, MARCH 21, 2018 THE LONG BEACH 333 W. OCEAN BOULEVARD COMMUNITY INVESTMENT 3RD FLOOR CONFERENCE ROOM, 4:00 PM COMPANY MINUTES Kjell Stava, Administrative Analyst, continued with the presentation. President Ure spoke. Director Ward spoke. Discussion ensued. Director Doyle spoke. Discussion ensued. A motion was made by Vice Chair Arnold, seconded by Director Ward, to approve recommendation. The motion carried by the following vote: Yes: 4 - Jan Ward, John Thomas, Diane L. Arnold and Russell Doyle Absent: 3 - Patrice Wong, Stacy McDaniel and Sabrina Sanders SECOND ROLL CALL Commissioners Jan Ward, Patrice Wong, John Thomas, Diane L. Arnold and Present: Russell Doyle Commissioners Stacy McDaniel and Sabrina Sanders Absent: 3. 18-011CI Recommendation to authorize the President or designee to extend the Agreement to Negotiate Exclusively with Habitat for Humanity of Greater Los Angeles for the development of the properties at 116 West 14th Street, 124 West 14th Street, 1348 Pacific Avenue, 1339 Pine Avenue and 1347 Pine Avenue. Chair Thomas spoke. President Ure spoke. Meggan Sorensen, Housing Development Officer, provided a staff report. Chair Thomas spoke. Page 3 of 5 CITY OF LONG BEACH WEDNESDAY, MARCH 21, 2018 THE LONG BEACH 333 W. OCEAN BOULEVARD COMMUNITY INVESTMENT 3RD FLOOR CONFERENCE ROOM, 4:00 PM COMPANY MINUTES Director Doyle spoke. Discussion ensued. Director Ward spoke. Discussion ensued. Meggan Sorensen, Housing Development Officer, spoke. Vice Chair Arnold spoke. Discussion ensued. A motion was made by Director Ward, seconded by Vice Chair Arnold, to approve recommendation. The motion carried by the following vote: Yes: 5 - Jan Ward, Patrice Wong, John Thomas, Diane L. Arnold and Russell Doyle Absent: 2 - Stacy McDaniel and Sabrina Sanders 4. 18-012CI Recommendation to conduct a Study Session on Local Housing Preference Policy. Chair Thomas spoke. President Ure provided a presentation. Director Doyle spoke. President Ure spoke. Meggan Sorensen, Housing Development Officer, spoke. Discussion ensued. Director Wong spoke. Discussion ensued. Page 4 of 5 CITY OF LONG BEACH WEDNESDAY, MARCH 21, 2018 THE LONG BEACH 333 W. OCEAN BOULEVARD COMMUNITY INVESTMENT 3RD FLOOR CONFERENCE ROOM, 4:00 PM COMPANY MINUTES Director Ward spoke. Discussion ensued. Vice Chair Arnold spoke. Discussion ensued. This CI-Agenda Item was received and filed. PUBLIC PARTICIPATION: No members of the public were present. NEW BUSINESS Chair Thomas spoke. Director Doyle spoke. Chair Thomas spoke. Director Ward spoke. Chair Thomas spoke. Vice Chair Arnold spoke. Discussion ensued. ADJOURNMENT Chair Thomas adjourned the meeting at 4:54 PM. Respectfully submitted, Respectfully submitted, ____________________ ____________________ Patrick Ure, President John Thomas, Chair Page 5 of 5