Long Beach RDA approves plan to borrow from set-aside funds
To make a mandatory $30 million state payment, the Long Beach Redevelopment Agency voted Monday to borrow all of its housing set-aside funds and cut $10 million in property acquisitions, major renovations to the American Hotel and parking for Bixby Knolls from next year's budget. The Agency also narrowly approved their part in a multi-agency deal that would allow the Port of Long Beach to pay Aquarium of the Pacific debt in exchange for reimbursement for public improvements to two major projects. Continue reading Press Telegram.
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“If we are looking to inspire a cohesive downtown, it would seem that any new zoning rules should allow and perhaps encourage consistency with the forms of existing buildings. Some proposed setbacks and stepbacks may force a strong contrast between new and existing structures.” Jonathan Glasgow
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