City Council

23. El Segundo Senior Citizens Housing Corporation Board Annual Report\nUpdate and Funding Request for Reserves\nRecommendation -\n1. Receive and file an annual update and presentation from the Senior\nCitizens Housing Corporation Board.\n2. Provide staff direction regarding the Senior Citizens Housing Corporation\nBoard's request for an allocation of $200,000 per year to the Fund 504\n(Senior Housing Fund) reserves to cover future needs at Park Vista and\nadhere to established reserve guidelines.\n3. Alternatively, discuss and take other action related to this item.