Los Angeles

LA County Board

May 02, 2023 Special District Item #2

Agenda Item 2

2-D. Multifamily Housing Revenue Bonds to Finance the Development of the\nLakeland Apartments Project\nRecommendation: Adopt and instruct the Chair to sign a resolution authorizing\nthe issuance, sale and delivery of tax-exempt Multifamily Housing Revenue\nBonds or Notes (Bonds) in an aggregate principal amount not to exceed\n$32,591,772, to finance the site acquisition, construction, rehabilitation, or\ndevelopment of the Lakeland Apartments project, a 102-unit intergenerational\nhousing development to be located at 13231 Lakeland Road in the City of Santa\nFe Springs (4); and authorize the Executive Director of the Los Angeles County\nDevelopment Authority to negotiate, execute, and if necessary, amend or\nterminate all related documents and take all necessary actions for the issuance,\nsale, and delivery of the Bonds. (Los Angeles County Development\nAuthority) ADOPT (Relates to Agenda No. 56) (23-1627)\nAttachments: Board Letter\nPublic Comment/Correspondence\nIV. NOTICES OF CLOSED SESSION FOR MAY 2, 2023\nCS-1. CONFERENCE WITH LEGAL COUNSEL - EXISTING LITIGATION\n(Paragraph (1) of Subdivision (d) of Government Code Section 54956.9)\nAids Healthcare Foundation vs. County of Los Angeles, et al., Los Angeles\nCounty Superior Court Case No. 22STCV06245. (23-1721)\nAttachments: Public Comment/Correspondence\nCS-2. CONFERENCE WITH LEGAL COUNSEL - EXISTING LITIGATION\n(Paragraph (1) of Subdivision (d) of Government Code Section 54956.9)\nAids Healthcare Foundation vs. County of Los Angeles, Los Angeles County\nSuperior Court Case No. 22STCP00938. (23-1723)\nAttachments: Public Comment/Correspondence\nCS-3. CONFERENCE WITH LABOR NEGOTIATORS\n(Government Code Section 54957.6)\nAgency designated representatives: Fesia Davenport, Chief Executive Officer\nand designated staff\nEmployee Organization(s) for represented employees: All individual member\nunions of the Coalition of County Unions, AFL-CIO; Local 721, SEIU; All\naffiliated member unions of AFSCME Council 36; Association of Deputy District\nAttorneys; Los Angeles County Association of Environmental Health Specialists;\nLos Angeles County Public Defenders; and\nUnrepresented employees (all). (17-0363)\nAttachments: Public Comment/Correspondence\nV. GENERAL PUBLIC COMMENT 77