Meeting
Long Beach City Seal ECONOMIC DEVELOPMENT COMMISSION
REVOLVING LOAN SUBCOMMITTEE AGENDA
WEDNESDAY, MARCH 6, 2024
411 W. OCEAN BOULEVARD
MEMORIAL HEIGHTS CONFERENCE ROOM, 10TH FL, 12:00 PM
 
Blair Cohn, Commissioner
Walter Larkins, Commissioner
Austin Metoyer, Commissioner
Long Beach City Seal
 
 
 
 
FINISHED AGENDA & MINUTES
CALL TO ORDER
At 12:06 PM, Julian Cernuda, Economic Development Manager, called the meeting to order.
ROLL CALL
 
Commissioners Present: Cohn, Metoyer

Commissioners Absent: Larkins

Also present: Julian Cernuda, Economic Development Manager, Carla Hendy-Anguiano, Development Project Manager, Economic Development, Jessica Macias, Administrative Assistant, Economic Development, Vanessa Hall, City Clerk Specialist.
REGULAR AGENDA
1.
24-52383 Recommendation to approve the minutes for the Economic Development Commission Revolving Loan Subcommittee meeting of Thursday, October 26, 2023.
A motion was made by Commissioner Cohn, seconded by Commissioner Metoyer, to approve recommendation, as amended, to reflect Commissioner Larkins as absent.  The motion carried by the following vote:
Yes: 2 Cohn, Metoyer
No: 0 None
Recused: 0 None
Abstain: 0 None
Absent: 1 Larkins
Commissioner Metoyer spoke.
2.
24-52384 Recommendation to approve the revolving loan application in the amount of $15,000 for Tiffany Love dba Love ‘Trine, TRL Media and Positive Magazine located at 3831 Atlantic Ave., Long Beach, CA 90807.
A motion was made by Commissioner Metoyer, seconded by Commissioner Cohn, to approve recommendation, as amended, to include [1] a quarterly check in with the Economic Development Commission Revolving Loan Subcommittee via Economic Development Commission on the status of sales and general progress, and [2] a personal guarantee from Chauncey Hood.  The motion carried by the following vote:
Yes: 2 Cohn, Metoyer
No: 0 None
Recused: 0 None
Abstain: 0 None
Absent: 1 Larkins
Julian Cernuda, Economic Development Manager, spoke; and introduced Andria Martinez, Consultant, Grow America.

Andria Martinez, Consultant, Grow America spoke; and presented the report.

Commissioner Cohn spoke.

Andria Martinez, Consultant, Grow America, spoke.

Carla Hendy-Anguiano, Development Project Manager, Economic Development, spoke.

A dialogue ensued between Andria Martinez, Consultant, Grow America, and Carla Hendy-Anguiano, Development Project Manager, Economic Development.

Commissioner Cohn spoke.

Andria Martinez, Consultant, Grow America, spoke.

A dialogue ensued between Commissioner Cohn and Andria Martinez, Consultant, Grow America.

Commissioner Metoyer spoke.

Andria Martinez, Consultant, Grow America, spoke.

A dialogue ensued between Commissioner Metoyer and Andria Martinez, Consultant, Grow America.

Julian Cernuda, Economic Development Manager, spoke.

Andria Martinez, Consultant, Grow America, spoke.

Commissioner Metoyer spoke.

A dialogue ensued between Commissioner Metoyer and Andria Martinez, Consultant, Grow America.

Julian Cernuda, Economic Development Manager, spoke.

Andria Martinez, Consultant, Grow America, spoke. 

Commissioner Cohn spoke.

Commissioner Metoyer spoke.

A dialogue ensued among Commissioner Cohn, Commissioner Metoyer, Julian Cernuda, Economic Development Manager, and Andria Martinez, Consultant, Grow America.

Carla Hendy-Anguiano, Development Project Manager, Economic Development, spoke.

Andria Martinez, Consultant, Grow America, spoke.

Commissioner Cohn spoke.

A dialogue ensued between Commissioner Cohn and Andria Martinez, Consultant, Grow America.

Commissioner Metoyer spoke.

Carla Hendy-Anguiano, Development Project Manager, Economic Development, spoke.

Commissioner Cohn spoke.

Andria Martinez, Consultant, Grow America, spoke.

A dialogue ensued among Commissioner Cohn, Commissioner Metoyer, Carla Hendy-Anguiano, Development Project Manager, Economic Development, and Andria Martinez, Consultant, Grow America.

Julian Cernuda, Economic Development Manager, spoke.

Andria Martinez, Consultant, Grow America, spoke.

Commissioner Cohn spoke.

Commissioner Metoyer spoke.

A dialogue ensued among Commissioner Cohn, Commissioner Metoyer, and Andria Martinez, Consultant, Grow America.
PUBLIC COMMENT
There was no public comment.
ANNOUNCEMENTS
Carla Hendy-Anguiano, Development Project Manager, Economic Development, spoke.

Commissioner Cohn spoke.

Commissioner Metoyer spoke.

Jessica Macias, Administrative Assistant, Economic Development, spoke.

Julian Cernuda, Economic Development Manager, spoke.

Carla Hendy-Anguiano, Development Project Manager, Economic Development, spoke.

Andria Martinez, Consultant, Grow America, spoke.

Julian Cernuda, Economic Development Manager, spoke.

Commissioner Cohn spoke.
ADJOURNMENT
At 12:53 PM, there being no objection, Julian Cernuda, Economic Development Manager, declared the meeting adjourned.