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Finance Authority of Long Beach

Thursday, March 30, 2023 · 12:30 PM PM · 411 W. Ocean Boulevard Civic Chambers

TL;DR

The Finance Authority of Long Beach met to approve meeting minutes and authorize the issuance of lease revenue bonds for city capital projects. This financial move will help fund various infrastructure and development initiatives for the city of Long Beach.

Key Decisions

  • Approve March 23rd Meeting Minutes Passed
  • Issue Lease Revenue Bonds for Capital Projects Passed
Agenda PDF Minutes PDF

Agenda

  1. CALL TO ORDER
  2. ROLL CALL
  3. REGULAR AGENDA
  4. 1. Recommendation to approve the minutes for the Finance Authority of Long Beach meeting held Thursday, March 23, 2023.
    FA-Finance Authority
    Action: approve recommendation Passed

    A motion was made by Member Riper, seconded by Member Kim, to approve recommendation. The motion carried by the following vote:

  5. 2. Recommendation to adopt resolution of the Finance Authority of Long Beach authorizing the issuance and sale of its Finance Authority of Long Beach Lease Revenue Bonds, Series 2023, to finance various capital projects for the City of Long Beach, approving the form and authorizing execution of related documents and approving related official actions.
    FA-Resolution
    Action: approve recommendation and adopt Passed

    A motion was made by Member Riper, seconded by Member Kim, to approve recommendation and adopt Resolution No. F.A.L.B. 2023-02. The motion carried by the following vote:

  6. NEW BUSINESS
  7. PUBLIC COMMENT
  8. ADJOURNMENT
  9. I, Allison Bunma, Assistant City Clerk, certify that the agenda was posted not less than 72 hours prior to the meeting.
  10. NOTE: The agenda and supporting documents are available on the Internet at www.longbeach.gov. Agenda items may 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 e-mail should subscribe to the City of Long Beach LINKLB System at www.longbeach.gov/linklb. E-Mail correspondence can be directed to cityclerk@longbeach.gov. If a special accommodation is desired pursuant to the Americans with Disabilities Act, or if you need the agenda provided in an alternate format, please phone the Office of the City Clerk at (562) 570-6101 by 12 noon, the day prior to the meeting. Inquire at the City Council Chamber Audio-Visual Room for an assistive listening device.
  11. adb
  12. ADJOURNMENT
  13. PUBLIC COMMENT
  14. NEW BUSINESS
  15. REGULAR AGENDA
  16. ROLL CALL
  17. FINISHED AGENDA & DRAFT MINUTES
  18. CALL TO ORDER