tldrgov

The Long Beach Housing Development Company

Wednesday, November 16, 2011 · 4:00 PM AM · City Hall, 333 W. Ocean Blvd 3rd Floor Conference Room

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Agenda

  1. FINISHED MINUTES AND AGENDA
  2. CALL TO ORDER
  3. ROLL CALL
  4. REPORT OF THE CHAIR
  5. 1. Recommendation to receive and file the minutes of the regular Board meeting of October 19, 2011.
    HC-Agenda Item
    Action: received and filed Passed

    A motion was made by Boardmember Cwayna, seconded by Boardmember Ulaszewski, to receive and file the minutes of the regular meeting of October 19, 2011. The motion carried by the following vote:

  6. ACTION ITEMS
  7. 2. Recommendation to approve Design Review Stages II and III for the Ramona Park Senior Apartments project.
    HC-Agenda Item
    Action: approve recommendation Passed

    A motion was made by Ulaszewski, seconded by McCarthy, to approve the recommendation. The motion carried by the following vote:

  8. 3. Recommendation to receive and file the Evergreen Apartments Project Update.
    HC-Agenda Item
    Action: approve recommendation Passed

    A secondary motion was made by Boardmember Storke, seconded by Boardmember McCarthy, to approve the project as presented subject to staff finalizing the use of up to $744,000 of deferred developer fees for the benefit of the project, subject to final approval of ad hoc committee comprised of Boarmember Storke and Boardmember Weir, provided that the approval does not increase financial obligations of the LBHDC. The motion carried by the following vote:

  9. 4. Recommendation to approve Design Review Stage III for the rehabilitation of Evergreen Apartments.
    HC-Agenda Item
    Action: approve recommendation Passed

    A motion was made by Boardmemaber Storke, seconded by Boardmember Price, to approve the recommendation. The motion carried by the following vote:

  10. 5. Recommendation to approve an exception to existing Multi-family Housing Rehabilitation Loan Program terms to assist Helpful Housing in the acquisition and rehabilitation of 10 rental units at 2012 East 7th Street. Loan terms will include a 30-year loan with deferred payments for the first 15 years, repayment of the loan in equal monthly payments over the remaining 15 years with no interest, and an affordability period of 30 years.
    HC-Agenda Item
    Action: approve recommendation Passed

    A motion was made by Boardmember McCarthy, seconded by Boardmember Ulaszewski, to approve the recommendation. The motion carried by the following vote:

  11. 6. Recommendation to adopt the attached resolution authorizing the submission of an application to the California State Department of Housing and Community Department CalHome Program for $1,500,000 and authorize the President or designee to execute all necessary documents upon funding approval.
    HC-Agenda Item
    Action: approve recommendation Passed

    A motion was made by Board member McCarthy, seconded by Board member Price, to approve the recommendation. The motion carried by the following vote:

  12. 7. Recommendation to receive and file the Financial Report for the Period Ending August 30, 2011.
    HC-Agenda Item
    Action: received and filed Passed

    A motion was made by Board member Wong, seconded by Board member McCarthy, to receive and file the Financial Report for the Period Ending August 30, 2011. The motion carried by the following vote:

  13. COMMITTEE MINUTES
  14. 8. Recommendation to receive and file the Committee Minutes.
    HC-Agenda Item
  15. A) Programs Committee - October minutes A copy of the minutes of the Programs Committee minutes for October 13, 2011 was distributed. There was no discussion by the Board. B) Projects Committee - October minutes There was no quorum of the Project Committee meeting
  16. REPORT OF THE PRESIDENT
  17. 9. Recommendation to receive and file the reports of the President.
    HC-Agenda Item
  18. A) Summary of Projects Reports B) Upcoming Meetings and Special Events Vice President Tolentino stated that Coronado is sold out; the Palace Hotel groundbreaking is being reschedule for February; the dedication of the Habitat for Humanity dedication is Friday, November 18, 2011; and the change of date for the December Board meeting.
  19. NEW BUSINESS
  20. PUBLIC PARTICIPATION
  21. ADJOURNMENT
  22. Note:
  23. PP
  24. At this point the Board moved to Action Item 4.
  25. Respectfully submitted, ______________________________ AMY J. BODEK, PRESIDENT Approved by: _______________________________ PATRICK BROWN, CHAIR
  26. Untitled item
  27. At this point the Board moved to Action Item 5.
  28. Untitled item
  29. At this point the Board moved to Action item 8.
  30. At this point the Board moved to Action Item 3.