City of Los Angeles’ Post

Upcoming motion to develop a funding policy framework for ALL Town of Aurora “Community Partners” that receive Town funds with an aim towards ensuring consistency and fairness in Council decision making processes. I believe it is imperative to establish clear and transparent criteria for how Council determines whether or how much to fund Town of Aurora “Community Partners”, in particular as it speaks to determining reasonable reserve amounts. In this way, we will better ensure financial stability and foster responsible fiscal practices. Our job as a Council is to set – and base our decisions on - clear policies, and this motion seeks to do exactly that. #LeadershipThatGetsThingsDone https://lnkd.in/g-jZp-5Q

Estate Planning Strategies for High-Net-Worth Families & The Importance of a Family Office. PART 2 Estate planning is the process of organizing the management and distribution of assets during an individual’s lifetime and after their death. Such planning includes identifying assets, naming beneficiaries, creating legal documents, etc. For high-net-worth families, estate planning is crucial for the wealth to be managed, and maximized and to also ensure that such wealth is effectively passed down from one generation to the next. There are various methods by which high-net-worth families can plan their estates to manage their wealth and these include; Click on the link to read more: https://lnkd.in/dZNi8eKx #LEGA.C #Familyoffice Author: Xerona Duke-Phillips

🏘️ Ever wondered who manages your complex's affairs? Meet the trustee! 🤝 As guardians of your community's interests, trustees play a vital role in ensuring smooth operations and maintaining property value. Here's how they can help you: 1. Property Oversight: Trustees oversee property maintenance, repairs, and improvements, ensuring your complex remains in top condition. 2. Financial Management: They manage the complex's finances, including budgeting, collecting levies, and paying bills, to ensure fiscal responsibility. 3. Rule Enforcement: Trustees enforce complex rules and regulations, promoting harmony and adherence to community standards. 4. Conflict Resolution: In case of disputes or conflicts, trustees act as mediators to resolve issues and maintain peace within the community. 5. Representation: Trustees represent residents' interests in meetings, negotiations, and legal matters, ensuring your voice is heard. Next time you see a trustee, remember they're working hard behind the scenes to enhance your complex living experience! 💼✨ #Trustees #CommunityManagement #ComplexLiving 🌆🤝

Do you have questions on the responsibilities of agents, trustees or executors when it comes to your estate plan? Join Partner Britt Burner, Esq. as our friends at the Shelter Island Public Library welcome us back to discuss these important roles in Estate Planning and the duties involved for those appointed. Register to reserve your spot here: https://bit.ly/3Sc31gX #trustees #executors #trusts #trustplanning #estateplanning #assetprotection #legacy #legacyplanning #planningahead #agents #probate #estate #estateadministration

Headline: OMAHA — "Controversy arises over process, mayoral picks for Omaha’s first-ever Inland Port Authority board." New inland port entity will have economic development powers bestowed by NE Legislature. The appointment of the first-ever Omaha Inland Port Authority board, poised to happen Tuesday, should trigger a start on multiple projects within a roughly 300-acre zone in northeast Omaha. Among initiatives that the new nine-member body — enabled by state law to spur economic development — is expected to oversee: A $90 million industrial business park west of Eppley Airfield. A $30 million innovation hub. Construction of 150 new housing units. Hiring of a consultant to “create a vision” for the broader district. https://lnkd.in/dU4bG9v3?

Owning property isn't just about personal gain—it's about contributing to your community. 🏡💰 Property taxes play a vital role in funding essential services like schools, hospitals, and public safety. By investing in real estate, you're not just securing your future, you're supporting the growth and development of your neighborhood‼️ Let's build stronger communities together! 💪 #PropertyOwnership #CommunityBuilding

In partnership with the Arkansas Asset Funders Network (AR-AFN) and Grantmakers Advancing Economic Equity, WRF recently co-sponsored the release of “Heirs Property: Acting to Preserve Wealth,” a report that amplifies policy and advocacy recommendations that help protect heirs and their property. Studies show that many property “owners” today lack clear land titles that bar them from accessing the wealth-generating opportunities of ownership which significantly hinders the ability to build generational wealth among ALICE (Asset Limited, Income Constrained, Employed) families. To understand the critical importance of heirs’ property, check out the report and learn how policymakers and advocates can act to disrupt the barriers that are contributing to the racial and wealth gap in Arkansas and beyond. https://lnkd.in/g9fgC25f #heirsproperty #economicequity #WRF

Sometimes, the solution is in the problem! 🤔 Appalachia suffers from a housing crisis at the same time as the region badly needs good jobs and workforce development. 🏡 👷♀️ Thankfully, the Bipartisan Infrastructure Law has made it possible to fund leadership and workforce development initiatives for affordable housing nonprofits in Appalachia. 🏔️ By investing in a skilled workforce in construction and development, Appalachia can take big steps toward resolving its housing crisis! ✅ Learn more with this Fahe article! @ https://lnkd.in/d8buE44d #InfrastructureWinsWednesday #BipartisanInfrastructureLaw

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Shareholder Kymn Harp discussed “Development Agreements: How Big Projects Get Built” as a guest speaker for the Illinois State Bar Association Real Estate Law Update 2023 held November 17.  Kymn provided insight into how to structure real estate development projects through the use of two different types of development agreements including: 1) Community development agreements between a municipality and a project developer for use of public money to fund private development – ”public/private partnerships”; and 2) Project development agreements between a developer and its investors to fund the equity component of a development project. #realestatedeveloper; #commercialrealestate; #publicprivatepartnerships; #commercialrealestateinvestor; #corporateleadership; #businessleader; #municipalities