The Long Beach Community Investment Company

THE LONG BEACH COMMUNITY INVESTMENT COMPANY AGENDA WEDNESDAY, APRIL 17, 2024 411 W. OCEAN BOULEVARD THE BEACH CONFERENCE ROOM, 2ND FLOOR, 4:00 PM Mary Castro, Chair Eva Melgarejo, Director Hilda Delgado, Vice Chair Alejandra Ramirez, Director Hakim Chambers, Director Elwood Sides, Director Jasmine Esparza, Director MEMBERS OF THE PUBLIC HAVE THE OPTION TO EMAIL COMMENTS TO MONICA.JAIME@LONGBEACH.GOV CALL TO ORDER ROLL CALL PLEDGE OF ALLEGIANCE REGULAR AGENDA 1. 24-53003 Recommendation to receive and file President’s Report. Suggested Action: Approve recommendation. 2. 24-53004 Recommendation to approve the minutes for The Long Beach Community Investment Company meeting of Wednesday, March 20, 2024. Suggested Action: Approve recommendation. 3. 24-53002 Recommendation to approve a contract with West Hollywood Community Housing Corporation in the amount of up to $222,235 for the demolition of 1131 E. Wardlow Road; and Authorize the President or designee to execute any and all documents necessary to implement the agreement. Suggested Action: Approve recommendation. 4. 24-53005 Recommendation to receive and file a report on the proposed Fiscal Year 2025 Action Plan budget for the expenditure of Community Development Block Grant (CDBG), HOME Investment Partnerships Grant (HOME), and Emergency Solutions Grant (ESG) funds under the current Five-Year Consolidated Plan. Suggested Action: Approve recommendation. 5. 24-53006 Recommendation to authorize the President or designee to extend the contract with Leibold, McClendon & Mann for an additional four-year term; and, Page 1 of 2  THE LONG BEACH COMMUNITY INVESTMENT COMPANY AGENDA WEDNESDAY, APRIL 17, 2024 411 W. OCEAN BOULEVARD THE BEACH CONFERENCE ROOM, 2ND FLOOR, 4:00 PM Authorize the President or designee to add $800,000 to the existing contract with the law firm of Leibold, McClendon & Mann to continue to provide legal services to the Long Beach Community Investment Company. Suggested Action: Approve recommendation. PUBLIC COMMENT Opportunity to address the The Long Beach Community Investment Company on non-agenda items. Each speaker is limited to three minutes to make their comments unless extended by the Chair. ANNOUNCEMENTS ADJOURNMENT I, Monica Jaime, Secretary, certify that the agenda was posted not less than 72 hours prior to the meeting. NOTE: The agenda and supporting documents are available online at https://longbeach.gov/cityclerk/meetings. If a special accommodation is desired pursuant to the Americans with Disabilities Act, please contact (562) 570-3807 or (562) 570-6957. Page 2 of 2