Recommendation to direct City Attorney to prepare an ordinance amending the Long Beach Municipal Code by adding Division IV to Chapter 2.84 relating to real estate purchase contracts.
Item number 1336, the dispute. Sorry I threw a curve. Item number 36 Communication Premier Bob Foster Recommendation to direct City Attorney to prepare an ordinance amending the Long Beach Municipal Code by adding Division four to Chapter 2.8 for relating to real estate real estate purchases. So moved. To second. To your second. Yes. Okay. Thank you. Members, let me just explain real briefly what this is. In my tenure here, there's been a number of very large real estate transactions that the city might be involved in. And one of the concerns I've come up with is that there's not adequate transparency on who's being paid and what they're being paid for. And what this does is any compensation for a project, over $1,000,000 that is in excess of $10,000 needs to be disclosed. It's that simple. You would direct the city attorney to prepare an ordinance and he would bring it back. I think the first reading would be on the eighth, if I'm not mistaken. And it really is a way to try to make sure that any transaction that is going forward, that there is there's complete transparency. So we have a motion in the second there. Any public comment on this mean comments from commissioners, commissioners, county council members? My members cast your votes in item three. The motion carries six one. All right, thank you, members. Appreciate that. Good item 3038. Item number 38. Communication from Councilmember Gary DeLong. Councilmember Suzette Lowenthal Councilmember Patrick O'Donnell Recommendation to Receive and File Report from City Manager regarding Belmont Port Schedule.