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RulesAndLegislationCommittee,2019-06-06,"*Rules & Legislation Committee
Meeting Minutes - FINAL
June 6, 2019
4.23
Subject:
Authorize An Allocation Of $20 Million In New Markets Tax Credits
From:
Economic Workforce Development Department
Recommendation: Adopt A Resolution Approving An Allocation Of Up To $20 Million Of
New Markets Tax Credits By Oakland Renaissance NMTC, Inc., To ORNMTC 2, LLC,
And ORNMTC 4, LLC, Sub-Community Development Entities Affiliated With Oakland
Renaissance NMTC, Inc., And To Allocate Said Tax Credits To Orton Development, Inc.,
And The Oakland Museum Of California, Or Their Respective Affiliates, For The
Rehabilitation And Adaptive Reuse Of The Historic Henry J. Kaiser Convention Center
And For Accessibility Upgrades And Garden Improvements To The Oakland Museum Of
California Campus, And Authorizing The City Administrator To Facilitate Said
Allocation(S Without Returning To Council
18-1966
Attachments: View Report
There was Title Change read into record
This City Resolution be No Action Taken.
4.24
Subject:
Property BID Annual Reports And Assessment Payment Approval
From:
Economic And Workforce Development
Department
Recommendation: Adopt The Following Pieces Of Legislation;
1) Resolution (A) Approving The Fiscal Year 2018-2019 Annual Reports Of The Fruitvale
Property Business Improvement District Of 2011, The Lakeshore/Lake Park Business
Improvement Management District Of 2012, The Jack London Improvement District, The
Temescal/Telegraph Business Improvement District 2015, The Laurel Business
Improvement District 2016, And The Koreatown/Northgate Community Benefit District
2017 Advisory Boards; (B) Confirming The Continuing Annual Assessment For Each
Said District For Fiscal Year 2019-2020; And (C) Authorizing Payment Of The City's
Cumulative Fiscal Year 2019-2020 Fair Share Assessment In An Approximate Amount
Of $284,441.38 For City-Owned Properties In The Fruitvale District, The Jack London
District, The Temescal District The Koreatown District, The Downtown Oakland District
And The Lake Merritt-Uptown District; And
18-1970
Attachments: View Report
This City Resolution be Scheduled. to go before the *Community & Economic
Development Committee to be heard 6/25/2019
City of Oakland
Page 13
Printed on 6/25/2019",13,RulesAndLegislationCommittee/2019-06-06.pdf