body,date,text,page,path OaklandRedevelopmentAgencyAndCityCouncil,2008-11-18,"DRAFT Concurrent Meeting of the Oakland Meeting Minutes November 18, 2008 Redevelopment Agency / City Council make sure the performance measures are defined to provide a true measurement of the outcomes with the income levels at 100% of the AMI. View Report.pdf 81679 CMS.pdf 14.3 Subject: Revolution Foods Relocation And Expansion Loan Agreement From: Community And Economic Development Agency Recommendation: Adopt The Following Pieces Of Legislation: 1) An Agency Resolution Authorizing 1) A Coliseum Redevelopment Revolving Loan In An Amount Not To Exceed $170,500, And 2) A Coliseum Commercial Tenant Improvement And Facade Improvement Grant In An Amount Not To Exceed $90,000, To Revolution Foods, Inc. For The Company's Relocation And Expansion; And 07-1686 Deferred to Concurrent Meeting of the Oakland Redevelopment Agency / City Council on 12/9/2008 View Report.pdf View Supplemental Report.pdf View Supplemental Report.pdf 2) A Resolution Authorizing The Loan Of Enhanced Enterprise Community Loan Funds In An Amount Not To Exceed $249,500 To Revolution Foods, Inc. To Assist The Company's Relocation And Expansion 07-1686-1 Deferred to Concurrent Meeting of the Oakland Redevelopment Agency / City Council on 12/9/2008 Staff `presented the following alternative recommendation to amend the Revised Resolutions to reflect that 10 permanent jobs would be created instead of 27 and that the following language would be included in the Resolution: ""Further Resolved: That within two years after the initial loan disbursement by the Agency, Revolution Foods, Inc., shall create at least 10 new permanent jobs for low and moderate income Oakland residents of which at least 7 of the jobs shall be filled by residents in Oakland's Enhanced Enterprise Community designated areas. This amendment is a substantive change and therefore this item will be continued to the December 9, 2008 City Council Agenda The following individual(s) spoke and did not indicate a position on this item: - Kirsten Tobey ACTION ON NON-CONSENT ITEMS: City of Oakland Page 20 Printed on 12/4/08",20,OaklandRedevelopmentAgencyAndCityCouncil/2008-11-18.pdf