pages: CommunityAndEconomicDevelopmentCommittee/2015-11-10.pdf, 3
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CommunityAndEconomicDevelopmentCommittee | 2015-11-10 | *Community & Economic Meeting Minutes November 10, 2015 Development Committee 4 Subject: Sale Of Parcel At 1148 71st Avenue From: Economic & Workforce Development Department Recommendation: Adopt An Ordinance Authorizing City Administrator Or Designee To Negotiate And Execute A Purchase And Sales Agreement Between The City Of Oakland And Belter Palma And Juana Trujillo (Collectively, "Purchasers") For The Sale Of City-Owned Property Located At 1148 71st Avenue (APN 041-4135-028) For Tweny-Five Thousand Dollars ($25,000) 15-0255 Attachments: View Report 13345 This Ordinance was Approve the Recommendation of Staff, and Forward.to the Meeting of the Oakland City Council to be heard 11/17/2015 Aye: 3 - Campbell Washington, Gibson McElhaney, and Kaplan Absent: 1 - Reid 5 Subject: Loan Restructuring For Hismen Hin-Nu And Marcus Garvey Commons From: Housing & Community Development Department Recommendation: Adopt The Following Pieces Of Legislation: 1) A Resolution Amending Resolution Nos. 89-108, 90-92,2011-0017, 83921, And 84586 C.M.S. To Modify The Terms Of Existing Loans To The Marcus Garvey Commons Affordable Housing Project At 721 A Wood Street To (1) Allow The New Owner To Assume And Assign The Loans In Order To Consolidate The Loans With Loans For The Hismen Hin-Nu Terrace Project, (2) Extend The Maturity Date To 55 Years, And (3) Change The Interest Rate From 3% To The Applicable Federal Rate; And 15-0256 Attachments: View Report 85895 CMS This City Resolution was Approve the Recommendation of Staff, and Forward.to the Meeting of the Oakland City Council to be heard 11/17/2015 Aye: 3 - Campbell Washington, Gibson McElhaney, and Kaplan Absent: 1 - - Reid City of Oakland Page 3 Printed on 12/15/2015 | 3 | CommunityAndEconomicDevelopmentCommittee/2015-11-10.pdf |