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CommunityAndEconomicDevelopmentCommittee 2012-09-11 *Community & Economic Meeting Minutes September 11, 2012 Development Committee 4 Subject: Weatherization Assistance Program From: Department Of Housing And Community Development Recommendation: Adopt A Resolution Amending Resolution No. 82636 C.M.S. To Authorize The City Administrator To Accept And Appropriate Additional Grant Funds From The American Recovery And Reinvestment Act Of 2009 ("ARRA") In The Amount Of $45,000 From The California Community Services And Development Department's Weatherization Assistance Program To Provide Weatherization Services To Low-Income Residents Of Alameda County, And To Authorize An Increase Of Up To $100,000 In The Amount Of The Subcontract With The County Of Alameda For Eligible Weatherization Assistance Program Activities 12-0012 A motion was made by President Pro Tempore De La Fuente, seconded by Vice Mayor Nadel, that this matter be * Approve the Recommendation of Staff, and Forward to the Meeting of the Oakland City Council, due back on September 18, 2012 as a Consent item. The motion carried by the following vote: Votes: Councilmember Aye: President Pro Tempore De La Fuente, Vice Mayor Nadel, Council President Kernighan and Member Brunner View Report.pdf 84037 C.M.S.pdf THE SPECIAL MEETING OF THE CITY COUNCIL ADJOURNED AT 3:24 p.m. AND RECONVENED AS THE Community and Economic Development Committee. 5 Subject: East 14th Affordable Housing Project From: Department Of Housing And Community Development Recommendation: Adopt A Resolution Amending A $1,517,000 Loan To East 14th Street Housing Associates For The Hismen Hin-Nu Terrace Affordable Housing Project To 1) Extend The Maturity Date From June 7, 2019 To June 7, 2043, 2) Convert The Loan Into A Residual Receipts Loan, And 3) Reduce The Interest Rate From 6% To 3% 12-0011 A motion was made by President Pro Tempore De La Fuente, seconded by Vice Mayor Nadel, that this matter be *Approve the Recommendation of Staff, and Forward to the Meeting of the Oakland City Council, due back on September 18, 2012 as a Consent item. The motion carried by the following vote: Votes: Councilmember Aye: President Pro Tempore De La Fuente, Vice Mayor Nadel, Council President Kernighan and Member Brunner View Report.pdf 84038 C.M.S.pdf City of Oakland Page 3 Printed on 8/15/14 3 CommunityAndEconomicDevelopmentCommittee/2012-09-11.pdf
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