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OaklandRedevelopmentSuccessorAgencyandtheCityCouncil,2015-05-19,"Concurrent Meeting of the Oakland
Meeting Minutes
May 19, 2015
Redevelopment Successor Agency
and the City Council
9.5
Subject:
LDDA And New Market Tax Credits For Foothill And Seminary Project
From:
Economic & Workforce Development Department
Recommendation: Adopt An Ordinance Amending Ordinance No. 13114 C.M.S.,
Authorizing The Disposition Of Property At Foothill Boulevard And Seminary Avenue
To Sunfield Development, LLC, For Development As A Retail Center, To Change The
Disposition From A Sale To A Long-Term Ground Lease With An Option To Purchase,
And To Rescind The Allocation Of $150,000 For A Developer Remediation Allowance
And Allocate $75,000 To City Remediation Costs
14-0867
Attachments: View Report.pdf
Upon the reading of Item 9.5 by the City Clerk, the Public Hearing was opened at
9:30 p.m.
No individuals spoke on this item.
Councilmember Brooks made a motion, seconded by Vice Mayor Kaplan, to close",28,OaklandRedevelopmentSuccessorAgencyandtheCityCouncil/2015-05-19.pdf