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OaklandRedevelopmentSuccessorAgencyAndCityCouncilAndGeologicHazardAbatementDistrictBoard,2016-09-20,"Concurrent Meeting of the Oakland
Meeting Minutes - FINAL
September 20, 2016
Redevelopment Successor Agency /
City Council / Geologic Hazard
Abatement District Board
S 7.28 Subject:
Fox Theater Loan Assignment And Guarantee
From:
Economic And Workforce Development
Recommendation: Adopt The Following Pieces Of Legislation:
1) A Resolution Authorizing The Agency Administrator To Consent To The
Assignment Of The $1.4 Million Loan Agreement Between The Agency And Fox
Theater Master Tenant, LLC To Assign The $1.4 Million Loan To Fox Oakland
Theater, Inc. And Subordinate The Loan To A New $4,600,000 Loan; And
16-55
Attachments: View Report
View Supplement
2016-008 CMS
2) Resolution Regarding The Fox Theater Project Amending Resolution Nos.
2006-0073 And 2009-0057 To Modify The Existing Loan Repayment Guarantee From
The Redevelopment Agency Of The City Of Oakland To Fox Oakland Theater, Inc.
For Conventional Loan Not To Exceed $4,600,000.
16-0089
Attachments: View Report
2016-009 CMS
S 7.29 Subject:
Mortgage Assistance Program Revenue Appropriation And Program
Funding
From:
Housing And Community Development
Recommendation: Adopt The Following Pieces Of Legislation:
1) A Resolution Amending Resolution No 77655 C.M.S., Which Appropriated Loan
Repayments Under The Mortgage Assistance Program For Continuation Of The
Program, To Instead Appropriate Current And Future Loan Repayments To The Low
And Moderate Income Housing Asset Fund For The Development Of Affordable
Housing, And Appropriating $1,600,000 In Affordable Housing Trust Funds To The
Mortgage Assistance Program; And
16-57
Attachments: View Report
86365 CMS
This City Resolution was Adopted.
City of Oakland
Page 20
Printed on 11/29/2016",20,OaklandRedevelopmentSuccessorAgencyAndCityCouncilAndGeologicHazardAbatementDistrictBoard/2016-09-20.pdf