pages: CommunityAndEconomicDevelopmentCommittee/2018-09-25.pdf, 2
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CommunityAndEconomicDevelopmentCommittee | 2018-09-25 | *Community & Economic Meeting Minutes - FINAL September 25, 2018 Development Committee 3 Subject: Loan Term Extension For Madison Park Apartments From: Housing Development Services Recommendation: Adopt A Resolution Amending Oakland Redevelopment Successor Agency Resolution No. 2011-0015 To Extend The Term Of The Existing Madison Park Apartments Loan To The Earlier Of Fifty-Five (55) Years From Permanent Loan Conversion Or December 31, 2076 And To Change The Interest Rate Of The Existing Loan To The Long-Term, Compounding Applicable Federal Rate (AFR) [NEW TITLE] 18-0860 Attachments: View Report View Supplemental Report 10-12-2018 A motion was made by Noel Gallo, seconded by Larry Reid, that this matter be Approved the Recommendation of Staff, and Forward to go before the * Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council, to be heard 10/2/2018. The motion carried by the following vote: Aye 3 - Reid Campbell Washington, Gallo Absent 1 - - McElhaney NO VOTE 0 4 Subject: Economic And Workforce Development Strategy From: Economic Development Department Recommendation: Receive An Informational Report On The Progress Implementing Oakland's Economic Development Strategy For 2018-2020 18-0900 Attachments: View Report The roll call was modified to show Councilmember McElhaney as present There was 1 speaker on this item A motion was made by Larry Reid, seconded by Noel Gallo, that this matter be Received and Forwarded to go before the * Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council, to be heard 10/2/2018. The motion carried by the following vote: Aye 4 - McElhaney Reid Campbell Washington, Gallo NO VOTE 0 Open Forum (TOTAL TIME AVAILABLE: 15 MINUTES) The roll call was modified to show Councilmember McElhaney out her seat There were 3 speakers on this item City of Oakland Page 2 Printed on 10/12/2018 | 2 | CommunityAndEconomicDevelopmentCommittee/2018-09-25.pdf |