* 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.
          ALL 
          [00:00:01]
RIGHT. 
          I WOULD LIKE TO CALL THE ECONOMIC DEVELOPMENT COMMISSION FOR REVOLVING LOAN SUBCOMMITTEE MEETING TO ORDER FOR JUNE 4TH THOUSAND 25. 
          ADAM CLERK PLEASE CALL ROLL COMMISSIONER. 
          LAUNCH. 
          YES. 
          COMMISSIONER SANDOVAL. 
          YEAH. 
          COMMISSIONER MATOYER. 
          HERE WE HAVE QUORUM. 
          AND ITEM NUMBER ONE IS THE RECOMMENDATION TO APPROVE THE MINUTES FOR THE ECONOMIC DEVELOPMENT COMMISSION REVOLVING LOAN SUBCOMMITTEE MEETING OF WEDNESDAY, MARCH 5TH, 2025. 
          MAY I HAVE A MOTION TO HEAR THIS ITEM? SECOND. 
          IT HAS BEEN MOVED AND SECONDED BY COMMISSIONER WON. 
          AND COMMISSIONER MATOYA. 
          ARE THERE ANY QUESTIONS ABOUT OR CORRECTIONS TO THE MINUTES? MADAM CLERK, PLEASE CALL FOR THE VOTE. 
          AND JUST FOR THE RECORD, THERE'S NO PUBLIC COMMENT. 
          OH, SORRY. 
          NO. 
          UM, BUT WE'LL GO AHEAD AND MOVE TO THE VOTE. 
          UH, COMMISSIONER ONE? YES. 
          COMMISSIONER SANDOVAL? YES. 
          AND COMMISSIONER MATOYER? YES. 
          MOTION IS CARRIED. 
          PLEASE READ THE NEXT ITEM. 
          ITEM NUMBER TWO IS THE RECOMMENDATION TO APPROVE THE REVOLVING LOAN APPLICATION IN THE AMOUNT OF 99,000 FOR REENERGIZED INC. 
          LOCATED AT 4 4 3 4 EAST PACIFIC COAST HIGHWAY, LONG BEACH, CALIFORNIA 9 0 8 0 4. 
          MAY I HAVE A MOTION TO HEAR THIS ITEM?  SECOND. 
          IT HASN'T MOVED IN A SECOND. 
          IMPACT. 
          COMMISSIONER W THANK COMMISSIONER SANDAL. 
          UH, ANDRE MARTINEZ WILL PRESENT THE CREDIT MEMO. 
          OKAY. 
          SO 
          [00:27:05]
ARE 
          [00:27:05]
THERE 
          [00:27:05]
ANY 
          [00:27:06]
MORE 
          [00:27:06]
QUESTIONS ABOUT THE PRESENTATION? NO. 
          NO. 
          FOR THE RECORD, WE HAVE NO PUBLIC COMMENT. 
          WE'LL MOVE ON TO THE VOTES. 
          UH, COMMISSIONER LUNCH? YES. 
          COMMISSIONER SANDOVAL? YES. 
          AND COMMISSIONER ER? YES. 
          MOTION IS CARRIED. 
          THANK YOU. 
          UM, AT THIS TIME WE WILL TAKE NON AGENDA, PUBLIC COMMENT, NO NON AGENDA, PUBLIC COMMENT. 
          ARE THERE ANY ANNOUNCEMENTS FROM THE COMMISSIONERS? OKAY. 
          IF THERE'S NO OBJECTION, I DECLARE THE MEETING ADJOURNED. 
          FANTASTIC. 
          THANK YOU. 
          THANK YOU. 
          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.