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Minutes

Economic Development & Technology Committee
July 16, 2024

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Minutes
Meeting
July 16, 2024
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Economic Development & Technology Committee
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Text extracted from the city's file for reading and search. Open the original on www.cityofpasadena.net. That file is the official record.

CITY OF PASADENA

ECONOMIC DEVELOPMENT AND TECHNOLOGY COMMITTEE MINUTES
JULY 16, 2024-5:00 P.M.

CITY HALL, COUNCIL CHAMBER

MEETING

OPENING
ROLL CALL:

Staff:

PUBLIC COMMENT

NEW BUSINESS
Vice Mayor Madison
arrived at 5:15 p.m.

L
Chair Hampton called the meeting of the Economic Development and Technology Committee to order at 5:05 p.m.

CouncilmemberTyron Hampton, Chair
Vice Mayor Steve Madison
Councilmember Jason Lyon
Councilmember Jessica Rivas
David Klug, Director of Economic Development
William Huang, Director of Housing
Caroline Lockwood Nelson, Program Coordinator
Dion O'Donnell, Assistant City Attorney
Tamer Sabha, Recording Secretary
No one appeared for public comments on matters not on the agenda.

AUTHORIZE THE SUBMITTAL OF AN APPLICATION TO THE

BURBANK-GLENDALE-PASADENA REGINAL HOUSING TRUST
FUND FOR FUNDING IN AN AMOUNT NOT-TO-EXCEED $3,250,000

FOR AN AFFORDABLE HOUSING PROJECT WITH HERITAGE
HOUSING PARTNERS AT 1878 E. WALNUT STREET
William "Bill" Huang, Director of Housing, provided introductory Comments, and Caroline Lockwood Nelson, Program Coordinator, summarized the agenda report as part of her Powerpoint presentation on the ADD Standard Plans Program, and responded to questions.

Mr. Huang reported that the agenda report refers to "...an additional six (6) Moderate Income units", but the correct information is "...an additional three (3) Moderate Income units", which will be corrected prior to presenting the item to the City Council.

Charles Loveman representing Heritage Housing Partners, provided information on the number of Market and Workforce for sale units, anticipated sale prices, and responded to questions.

Councilmember Madison asked staff to provide information on the Workforce Income units when the item is presented at the City Council; and advocated for staff to work with the City's Public Information Officer (PIO) and representatives of the League of California Cities, to announce to the community the number of affordable units the project will provide.

Chair hlampton suggested that Heritage Housing Partners work with the City's PIO or the Human Resources Department to distribute information on the available Workforce Units.
0107/16/2024

INFORMATION ONLY
ADJOURNMENT:

ATTEST:

Sai^dra S. P^bles
.R^fcording Secretary
Following discussion, it was moved by Vice Mayor Madison, seconded by Councilmember Lyon, to approve the staff recommendation, and forward the item to the City Council for further consideration. (Motion unanimously carried) (Absent: None)
ECONOMIC DEVELOPMENT UPDATE BY DAVID A. KLUG,

ECONOMIC DEVELOPMENT DIRECTOR
David Klug, Director of Economic Development provided a summary of the staff report as part of his oral update and responded to questions.

Following a brief discussion, on the order of the Chair, and by consensus of the Committee, the information was received and filed.

On the order of the Chair, the meeting of the Economic Development and TechnolggV Gpmmittee was adjourned at 5:39 p.m.

TYROI^HAI^PTON, Chair
Economic Development and Technology Committee
L
0207/16/2024

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