* This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting. SO WE'RE GONNA GO AHEAD [00:00:01] AND GET STARTED THEN. OKAY. ALRIGHT. GOOD AFTERNOON. I WOULD LIKE TO CALL THE ECONOMIC DEVELOPMENT COMMISSION REVOLVING LOAN SUBCOMMITTEE MEETING TO ORDER FOR MARCH 5TH, 2025, NINE. CLERK, PLEASE CALL ROLL COMMISSIONER MC TOYER. COMMISSIONER SANDOVAL. COMMISSIONER WENCH HERE WE HAVE COURT. THANK YOU. AND JUST FOR THE RECORD, COMMISSIONER MONTOYA IS ON HIS WAY, SO IT SHOULD APPEAR SHORTLY. OKAY. SO LET'S JUST GO RIGHT INTO OUR AGENDA. UM, RECOMMENDATIONS TO APPROVE THE MINUTES FOR THE ECONOMIC DEVELOP COMMISSION INVOLVING LOAN SUBCOMMITTEE MEETING OF WEDNESDAY, FEBRUARY 5TH, 2025. MAY I HAVE A MOTION TO HEAR THIS ITEM? I MOVE. SECOND. MOVED BY, UM, COMMISSIONER SANDOVAL. SECOND BY COMMISSIONER ONE. THANK YOU. UM, ARE THERE ANY QUESTIONS ABOUT OR CORRECTIONS TO THE MINUTES? NO. OKAY. NO PUBLIC COMMENTS. UM, MAD CLERK, PLEASE CALL FOR VOTE. MR. SANDOVAL? YES. COMMISSIONER WENCH? YES. MOTION CARRIES. THANK YOU. THE RECOMMENDATION TO APPROVE THE REVOLVING LOAN COMMITTEE, EXCUSE ME, OF THE REVOLVING LOAN APPLICATION AND THE AMOUNT OF 99,000 FOR FREE INDUSTRIES LLC DOING VISITS AS LONG BEACH BEER LAB LOCATED AT 5 1 8 WEST WILLOW STREET, LONG BEACH, CALIFORNIA 9 0 8 0 6. MAY I HAVE A MOTION TO HEAR THIS MOTION? EXCUSE ME TO HEAR THIS ITEM SO YOU SECOND. SECOND. OKAY. UM, MOVE BY COMMISSIONER SECOND AND BY COMMISSIONER SANDAL. AND I'D LIKE TO INTRODUCE ANDREA MARTINEZ FROM GROW AMERICA TO PRESENT THIS LOAN TO YOU. [00:28:11] OKAY. [00:28:11] MADAM [00:28:12] CLERK, [00:28:12] PLEASE. [00:28:12] COMFORTABLE. COMMISSIONER? YES. COMMISSIONER SANDOVAL? YES. COMMISSIONER, WATCH. YES. MOTION CARRIES. THANK YOU. UM, NEXT ITEM RECOMMENDATION TO APPROVE THE REVOLVING LOAN APPLICATION IN THE AMOUNT OF 99,000 FOR THE BRICK HOUSE YELLOWER DOOR, LLC LOCATED AT 9 6 9 EAST BROADWAY, LONG BEACH, CALIFORNIA 9 0 8 0 2. MAY I HAVE A MOTION TO HEAR THIS ITEM? . MOTION MOVED BY COMMISSIONER MUCH. AND, AND SECOND BY COMMISSIONER Z. UH, I'D LIKE TO THEN INTRODUCE ANDREA MARTINEZ ONCE AGAIN TO PRESENT THIS ITEM. [00:40:26] CLERK, [00:40:26] CAN [00:40:27] WE CALL FOR A VOTE? COMMISSIONER MONTOYA? YES. COMMISSIONER SANDOVAL? YES. COMMISSIONER, WE? YES. MOTION CARRIES. YES. THANK YOU. SO WE HAVE NO PUBLIC, NO PUBLIC COMMENT. UM, ARE THERE ANY ANNOUNCEMENTS? ANNOUNCE SO IF THERE ARE NO ANNOUNCEMENTS THEN THERE ARE NO OBJECTIONS. NICE. CLEAR THE MEETING FOR CHAIR. OKAY. * This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting.