pages: FinanceAndManagementCommittee/2012-09-25.pdf, 2
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FinanceAndManagementCommittee | 2012-09-25 | *Finance & Management Meeting Minutes September 25, 2012 Committee 3 Subject: State and Federal Budget Status From: Office Of Budget Recommendation: Receive An Informational Report Regarding The Status Of The State and Federal Budget Development And Its Potential Impacts On The City Of Oakland [TITLE CHANGE] 09-0439-28 A motion was made by Council President Kernighan, seconded by Member Brooks, that this matter be *Received and Filed. The motion carried by the following vote: Votes: Councilmember Aye: Member Brooks, Council President Kernighan, Chair De La Fuente and Member Brunner View Report.pdf 4 Subject: Goldman Sachs Swap Agreement Termination From: Finance And Management Agency Recommendation: Adopt A Resolution Of The City Council Of The City Of Oakland Authorizing The City Administrator To Negotiate And Terminate The City's Interest Rate Swap Agreement With Goldman Sachs & Co. To The Extent That The City Is Able To Do So At A Below Market Value Cost And Not Later Than The End Of The Next Fiscal Year, June 30, 2013 11-0424-1 A motion was made by Council President Kernighan, seconded by Member Brunner, that this matter be Continued to the *Finance & Management Committee, due back on November 27, 2012. The motion carried by the following vote: Votes: Councilmember Aye: Member Brooks, Council President Kernighan, Chair De La Fuente and Member Brunner The Committee provided staff an additional 45-60 days to negotiate and directed staff to return to the November 27, 2012 Finance and Management Committee with the results of the negotiations. There were 6 speakers on this item. View Report.pdf View Supplemental Report.pdf City of Oakland Page 2 Printed on 8/15/14 | 2 | FinanceAndManagementCommittee/2012-09-25.pdf |