body,date,text,page,path OaklandRedevelopmentAgencyAndCityCouncil,2007-12-04,"Concurrent Meeting of the Oakland Meeting Minutes December 4, 2007 Redevelopment Agency / City Council S-25 Subject: Wood Street Development - Affordable Housing From: Community And Economic Development Agency Recommendation: Adopt The Following Pieces Of Legislation: 1) An Agency Resolution Authorizing The Purchase Of A 3.12 Acre Parcel Located Between Wood Street And The Frontage Road And Between 18th Street And 20th Street From Holliday Development, Allocating Up To $8,050,000 For Its Purchase, And Authorizing A Request For Proposals For Development Of An Affordable Housing Project On The Site; 07-0555 Play Video A motion was made by Councilmember Nadel, seconded by Councilmember Reid, that this matter be Adopted. The motion carried by the following vote: Votes: ORAICouncilmember Abstained: 1 - Councilmember Brooks ORAICouncilmember Excused: 1 - Councilmember Brunner ORAICouncilmember Ayes: 6 - Vice Mayor Chang, Councilmember Kernighan, Councilmember Nadel, Councilmember Quan, Councilmember Reid and President of the Council De La Fuente View Report.pdf View Report.pdf 2007-0082 CMS.pdf 2) An Agency Resolution Allocating Up To $5,600,000 For 40 First-Time Homebuyer Down Payment Assistance Loans And Interest Rate Buy-Down Forgivable Loans For Purchase Of Units Within The Wood Street Development District 07-0555-1 A motion was made by Councilmember Nadel, seconded by Councilmember Reid, that this matter be Adopted. The motion carried by the following vote: Votes: ORAICouncilmember Abstained: 1 - Councilmember Brooks ORAICouncilmember Excused: 1 - Councilmember Brunner ORAICouncilmember Ayes: 6 - Vice Mayor Chang, Councilmember Kernighan, Councilmember Nadel, Councilmember Quan, Councilmember Reid and President of the Council De La Fuente The following individual(s) spoke on this item: - Naomi Schiff - Marcel Diallo - Shana Simmons - Vince Gibbs - Rick Holliday - Sanjiv Handa 2007-0083 CMS.pdf City of Oakland Page 40 Printed on 1/4/08",40,OaklandRedevelopmentAgencyAndCityCouncil/2007-12-04.pdf