The Long Beach Community Investment Company

CITY OF LONG BEACH WEDNESDAY, MARCH 18, 2020 THE LONG BEACH 411 W. OCEAN BLVD. COMMUNITY INVESTMENT CIVIC CHAMBERS, 4:00 PM COMPANY MINUTES Patrice Wong, Chair Lindsay Mais, Director Jan Ward, Vice Chair Sabrina Sanders, Director Russell Doyle, Director Hilda Delgado, Director Diane Arnold, Director FINISHED AGENDA & MINUTES The regular meeting of the Long Beach Community Investment Corporation was held at 4:00 p.m., Wednesday, March 18, 2020. The meeting was held via teleconference pursuant to Executive Order N-25-20 issued by Governor Gavin Newsom. The Civic Chambers was accessible for public observation and public comment. CALL TO ORDER Chairwoman Wong called the meeting to order at 4:00 p.m. ROLL CALL Commissioners Hilda Delgado, Russell Doyle, Lindsay Mais, Sabrina Sanders, Present: Diane L. Arnold, Jan Ward and Patrice Wong STAFF PRESENT: Linda Tatum, President, Patrick Ure, Vice President, Meggan Sorensen, Housing Development Officer, Rich Anthony, Deputy City Attorney, Monica Jaime, Secretary. FLAG SALUTE Chairwoman Wong led the flag salute. PRESIDENT'S REPORT None Page 1 of 6 CITY OF LONG BEACH WEDNESDAY, MARCH 18, 2020 THE LONG BEACH 411 W. OCEAN BLVD. COMMUNITY INVESTMENT CIVIC CHAMBERS, 4:00 PM COMPANY MINUTES MINUTES 1. 20-006CI Recommendation to approve and file the minutes of the Regular Board meeting held on Wednesday, January 15, 2020. A motion was made by Vice Chair Ward, seconded by Director Doyle, to approve recommendation. The motion carried by the following vote: Yes: 7 - Hilda Delgado, Russell Doyle, Lindsay Mais, Sabrina Sanders, Diane L. Arnold, Jan Ward and Patrice Wong REGULAR AGENDA 2. 20-007CI Recommendation to Receive and file the Housing Successor Annual Report Regarding the Low- and Moderate-Income Housing Asset Fund for Fiscal Year 2018-2019 and direct the President to post and distribute the report as required by Section 34176.1 of the California Health and Safety Code. Vice President Patrick Ure presented. Chairwoman Wong spoke. Director Delgado spoke. Chairwoman Wong spoke. A motion was made by Director Sanders, seconded by Director Delgado, to approve recommendation. The motion carried by the following vote: Yes: 7 - Hilda Delgado, Russell Doyle, Lindsay Mais, Sabrina Sanders, Diane L. Arnold, Jan Ward and Patrice Wong Page 2 of 6 CITY OF LONG BEACH WEDNESDAY, MARCH 18, 2020 THE LONG BEACH 411 W. OCEAN BLVD. COMMUNITY INVESTMENT CIVIC CHAMBERS, 4:00 PM COMPANY MINUTES 3. 20-008CI Recommendation to: 1. Approve the selection of Mercy Housing California (Mercy Housing) for an award of HOME funds in the amount of $3 Million; and, 2. Authorize the President or designee to enter into an Agreement to Negotiate Exclusively with Mercy Housing for the new construction of senior affordable rental housing units. Meggan Sorensen, Housing Development Officer, presented. Director Sanders spoke. Chairwoman Wong spoke. Director Sanders spoke. Vice President Ure spoke. Director Delgado spoke. Vice President Ure spoke. Chairwoman Wong spoke. President Tatum spoke. Chairwoman Wong spoke. Director Sanders spoke. Director Delgado spoke. Chairwoman Wong spoke. President Tatum spoke. Chairwoman Wong spoke. Page 3 of 6 CITY OF LONG BEACH WEDNESDAY, MARCH 18, 2020 THE LONG BEACH 411 W. OCEAN BLVD. COMMUNITY INVESTMENT CIVIC CHAMBERS, 4:00 PM COMPANY MINUTES Director Sanders spoke. Chairwoman Wong spoke. Director Delgado spoke. Vice President Ure spoke. Chairwoman Wong spoke. Vice President Ure spoke. A motion was made by Vice Chair Ward, seconded by Director Sanders, to . The motion carried by the following vote: Yes: 7 - Hilda Delgado, Russell Doyle, Lindsay Mais, Sabrina Sanders, Diane L. Arnold, Jan Ward and Patrice Wong 4. 20-009CI Recommendation to: 1. Approve the selection of Skid Row Housing Trust (Skid Row) for an award of HOME funds in the amount of $3 Million; and, 2. Authorize the President or designee to enter into an Agreement to Negotiate Exclusively with Skid Row for the new construction of affordable rental housing units. Meggan Sorensen, Housing Development Officer presented. Director Doyle spoke. Vice President Ure spoke. Director Sanders spoke. Meggan Sorensen, Housing Development Officer spoke. Vice President Ure spoke. Page 4 of 6 CITY OF LONG BEACH WEDNESDAY, MARCH 18, 2020 THE LONG BEACH 411 W. OCEAN BLVD. COMMUNITY INVESTMENT CIVIC CHAMBERS, 4:00 PM COMPANY MINUTES Director Sanders spoke. Vice President Ure spoke. Director Sanders spoke. Vice President Ure spoke. Director Doyle spoke. Vice President Ure spoke. Meggan Sorensen, Housing Development Officer spoke. Public Comment, Elizabeth, Student Journalist Rich Anthony, Deputy City Attorney, spoke. Public Comment, Elizabeth, Student Journalist Vice President Ure spoke. A motion was made by Director Delgado, seconded by Vice Chair Ward, to approve recommendation. The motion carried by the following vote: Yes: 7 - Hilda Delgado, Russell Doyle, Lindsay Mais, Sabrina Sanders, Diane L. Arnold, Jan Ward and Patrice Wong 5. 20-010CI Discussion on Board Compensation. Rich Anthony, Deputy City Attorney spoke. Director Ward spoke. Rich Anthony, Deputy City Attorney spoke. Director Mais spoke. Rich Anthony, Deputy City Attorney spoke. Page 5 of 6 CITY OF LONG BEACH WEDNESDAY, MARCH 18, 2020 THE LONG BEACH 411 W. OCEAN BLVD. COMMUNITY INVESTMENT CIVIC CHAMBERS, 4:00 PM COMPANY MINUTES This Agenda Item was laid over to a future LBCIC meeting. 6. 20-011CI Recommendation to receive and file a presentation on The Brown Act and Roberts Rules of Order. This Agenda Item was laid over to a future LBCIC meeting. PUBLIC COMMENT: 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. NEW BUSINESS No New Business. ADJOURNMENT Chairwoman adjourned the meeting at 5:00 p.m. Respectfully submitted, Respectfully submitted, ____________________ ____________________ Linda F. Tatum, President Patrice Wong, Chair Page 6 of 6