HomeMy Public PortalAboutA 1993-01-27 LLDC•
E
LYNWOOD LOCAL DEVELOPMENT COMPANY
MINUTES
January 27, 1993
LLDC Board Members Present:
Chairman Leighton Hull
Vice Chairman Bernard Lake
Alfreddie Johnson
Absent:
City Staff Present:
OPENING CEREMONIES:
Celia Arroyo
Earnest Topps
Bruno Naulls
Administrative Analyst III
Susan Fowler, Administrative Aide
Chairman Hull opened the meeting at 3.15 p.m.
Roll call was taken, with Celia Arroyo and Earnest Topps being absent.
Mr Naulls stated the Agenda had been posted in accordance with the Brown Act.
APPROVAL OF MINUTES:
A motion was made by Alfreddie Johnson to approve the minutes of July, 1992. Motion
seconded by Bernie Lake and passed.
ITEMS FOR CONSIDERATION:
A. AMENDING BDAP GUIDELINES
Bruno Naulls presented his recommendations for the monitoring process, payments and loan
paybacks. Alfreddie Johnson made a motion to accept the guidelines. Motion seconded by
Bernie Lake and passed.
C. LLDC BALANCE SHEET
The Balance Sheet is current as of January 1, 1993. A motion was made to approve the
Balance Sheet by Alfreddie Johnson. Seconded by Bernie Lake and passed.
STAFF ORALS:
None
E
BOARD ORALS:
E A
By virtue of relocation to another state, Bernie Lake made a motion for the automatic
resignation of Ernest Topps. Motion seconded by Alfreddie Johnson and passed.
Mr Lake nominated Bob Herrera from 1st. State Bank to fill the vacant seat of Ernest Topps.
Motion seconded by Alfreddie Johnson and carried.
Mr. Lake suggested holding the re- election on the 1st. Tuesday in May, such so much time
has now elapsed. He also stated that the Board should have a work session for the Bylaws
and make a decision regarding absentee ballots at the election. Mr Lake thought Harry
Prince or Jim Morton may have updated copies of the Bylaws, and said he would see if he
could get copies for the Board.
ADJOURNMENT
The meeting adjourned at 3.40 p.m. to the next scheduled meeting.
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