Economic Development Commission Revolving Loan Subcommittee

Agenda

1. CALL TO ORDER
2. ROLL CALL
3. NEW BUSINESS
4. 1. Recommendation to approve the minutes for the meeting held December 7, 2017.
   ED-Agenda Item
   Action: approve recommendation Passed

   A motion was made by Commissioner Cohn, seconded by Commissioner Molina, to approve recommendation. The motion carried by the following vote:

5. 2. Recommendation to approve the revolving loan application in the amount of $95,000 for BLANK SPACES, LLC 309 Pine Ave. Long Beach, CA 90802 (Council District 2)
   ED-Agenda Item
   Action: approve recommendation Passed

   A motion was made by Commissioner Cohn, seconded by Commissioner Molina, to approve recommendation. The motion carried by the following vote:

6. 3. Recommendation to approve the revolving loan application in the amount of $35,000 for AC BATTLE CONSULTING SERVICES 5413 Long Beach Blvd Long Beach, CA 90805 (Council District 8)
   ED-Agenda Item
   Action: approve recommendation Passed

   A motion was made by Commissioner Molina, seconded by Commissioner Cohn, to approve recommendation. The motion carried by the following vote:

7. 4. Recommendation to approve the revolving loan application in the amount of $35,000 for HR INSURANCE BROKER’S, INC. (DBA OSCAR’S INSURANCE) 435 E Market St Long Beach, CA 90805(Council District 8)
   ED-Agenda Item
   Action: approve recommendation Passed

   A motion was made by Commissioner Larkins, seconded by Commissioner Molina, to approve recommendation. The motion carried by the following vote:

8. 5. Recommendation to approve the revolving loan application in the amount of $95,000 for TWIG AND WILLOW, INC. 3740 E. 4th Street, Long Beach, CA 90814 (Council District 3) 4130 Atlantic Ave. #101, Long Beach, CA 90807 (Council District 8)
   ED-Agenda Item
   Action: approve recommendation Passed

   A motion was made by Commissioner Molina, seconded by Commissioner Larkins, to approve recommendation. The motion carried by the following vote:

9. PUBLIC PARTICIPATION: Members of the public are invited to address the Commission on items of interest to the public within the Commission's jurisdiction.
10. ADJOURNMENT
11. 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.