UPDATE: See City Mgm't Memos On Items For Special Council Meeting (7 p.m.) -- Agendized On 24 Hrs Notice Given On MLK Day -- To Take Five Actions Affecting Approx. $1 Billion LB Redevelopment Funds And Current/Future City Hall Spending/Services

(UPDATE Jan. 18, 11:39 a.m.: LBReport.com provides lniks below to the city management memoranda providing information regarding the five items -- agendized on 24 hours notice when City Hall was closed for Martin Luther King Day -- proposing City Council action tonight (Jan. 18) affecting over $1 billion in Redevelopment public money and future City of Long Beach spending.

To view the backup memoranda for the five items, which appeared online at midmorning Jan. 18 (just hours before scheduled Council action at 7 p.m.), click links below:

• Amend agreement b/w RDA and City Hall re debt service @ CityPlace parking structures: $4,955,213 click here

• Future Redevelopment Affordable Housing Set Aside: Approx. $138,500,000 click here.

• Encumber current and future RDA tax increment through FY 2021 through 2021 "to support revitalization of neighborhoods throughout seven redevelopment project areas": approx $886,000,000: click here

• Update repayment provisions re current loan agreements b/w RDA and City of LB for downtown, central and Poly High areas: approx. $10.3 million click here.

• Implement agreement b/w RDA and City Hall to provide neighborhood code enforcement and graffiti abatement services for ten years: $16.9 million click here.

The actions include authorizing the City Manager to execute all related documents:

• To implement an agreement with LB's Redevelopment Agency to provide neighborhood code enforcement and graffiti abatement services for ten years;.

• To amend certain existing loan agreements between City Hall and LB's RDA re Downtown Central and Poly High project areas to update their repayment provisions;

• To execute an amended and restated agreement between City Hall and LB's RDA to encumber approximately $886,000,000 in current and future RDA tax increment proceeds through fiscal year 2021 "to support revitalization of neighborhoods throughout seven redevelopment project areas" [exempts West Beach project area];

• Amend agreement between City Hall and Housing Development Co., to encumber approximately $138,500,000 in current and future redevelopment set-aside to support affordable housing activities through fiscal year 2016

• To amend existing agreement between City Hall and the LB RDA for repayment of debt service related to CityPlace parking structures A, B and C with funds from the downtown Redevelopment Project Area through fiscal year 2017.

To view the special meeting items as agendized, click here.

On Monday (MLK Day) afternoon at approximately 2:38 p.m., City Clerk Larry Herrera advised Councilmembers by email that the items were agendized on City Hall's website and was also being sent to all E-notify subscribers. No backup material is available for the item but City Clerk Herrera indicated in his email that as soon as city staff reports are available on Tuesday (the Council meeting day), they'll be distributed. For now, the following is online:

AGENDA ITEM WILL BE DISTRIBUTED WHEN AVAILABLE AND A SCANNED IMAGE OF THE AGENDA ITEM ATTACHEMENTS WILL BE AVAILABLE IN LEGISTAR INSITE AT http://longbeach.legistar.com/Calendar.aspx [or contact City Clerk, lists phone numbers and fax]

[Update: 4:15 p.m.] With City Hall not publicly disclosing the substance of the items at this point, one is left to speculate. We note that LB City Hall's action appears similar to, although not exactly the same as, an action taken Friday (Jan. 14) in the City of Los Angeles in response to Governor Jerry Brown's proposal to phase out municipal redevelopment agencies (to free up state money now being used to backfill for Redevelopment to instead fund schools) as part of his state budget balancing plan.

LATimes.com reported that the LA RDA action "would tie up the money the agency expects to take in via property taxes through 2016 and keep the funds from reverting to counties and school district as called for in the governor’s plan." (LATimes.com coverage, click here.).

[Update: 4:40 p.m.] CA's Brown (open meetings) Act specifies the following regarding the "special meetings" of legislative bodies (like the City Council):

CA Gov't Code section 54956 A special meeting may be called at any time by the presiding officer of the legislative body of a local agency, or by a majority of the members of the legislative body, by delivering written notice to each member of the legislative body and to each local newspaper of general circulation and radio or television station requesting notice in writing. The notice shall be delivered personally or by any other means and shall be received at least 24 hours before the time of the meeting as specified in the notice. The call and notice shall specify the time and place of the special meeting and the business to be transacted or discussed. No other business shall be considered at these meetings by the legislative body. The written notice may be dispensed with as to any member who at or prior to the time the meeting convenes files with the clerk or secretary of the legislative body a written waiver of notice. The waiver may be given by telegram. The written notice may also be dispensed with as to any member who is actually present at the meeting at the time it convenes. The call and notice shall be posted at least 24 hours prior to the special meeting in a location that is freely accessible to members of the public.

Developing with further to follow on LBReport.com.

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