Council File: 08-1849-S3

Title

6800 South Avalon Boulevard / Millenium Equity Funding, LLC / Loan Purchase Agreement

Date Received / Introduced

02/13/2017

Last Changed Date

03/03/2017

Expiration Date

02/28/2019

Council District

9

Initiated by

Mayor

File Activities

Date	Activity
03/03/2017	Council action final.
03/02/2017	Mayor transmitted Council File to City Clerk.
03/01/2017	City Clerk transmitted file to Mayor. Last day for Mayor to act is March 13, 2017.
02/28/2017	Council adopted item, subject to reconsideration, pursuant to Council Rule 51.
02/21/2017	City Clerk scheduled item for Council on February 28, 2017.
02/17/2017	Economic Development Committee waived consideration of item .
02/14/2017	Economic and Workforce Development Department document(s) referred to Economic Development Committee.
02/13/2017	Document(s) submitted by Economic and Workforce Development Department , as follows: Economic and Workforce Development Department report, dated February 6, 2017, relative to requesting authority to sale a Promissory Note secured by the property located at 6800 South Avalon Boulevard and to execute a Loan Purchase Agreement with Millennium Equity Funding, LLC.

Online Documents (Doc)

Title	Doc Date

Mayor Concurrence/Council Action	03/01/2017
Speaker Card(s)	02/28/2017
Report from Economic and Workforce Development Department	02/06/2017

Council Vote Information

Meeting Date:	02/28/2017
Meeting Type:	Regular
Vote Action:	Adopted
Vote Given:	(10 - 0 - 5)

Member Name	CD	Vote
(VACANT)	7	ABSENT
BOB BLUMENFIELD	3	YES
MIKE BONIN	11	YES
JOE BUSCAINO	15	ABSENT
GILBERT A. CEDILLO	1	ABSENT
MITCHELL ENGLANDER	12	YES
MARQUEECE HARRIS-DAWSON	8	YES
JOSE HUIZAR	14	YES
PAUL KORETZ	5	ABSENT
PAUL KREKORIAN	2	YES
NURY MARTINEZ	6	YES
MITCH O'FARRELL	13	YES
CURREN D. PRICE	9	ABSENT
DAVID RYU	4	YES
HERB WESSON	10	YES