pages: OaklandRedevelopmentAgencyAndCityCouncil/2009-03-17.pdf, 18
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OaklandRedevelopmentAgencyAndCityCouncil | 2009-03-17 | DRAFT Concurrent Meeting of the Oakland Meeting Minutes March 17, 2009 Redevelopment Agency / City Council 8) An Agency Resolution Authorizing An Affordable Housing Development Loan In An Amount Not To Exceed $584,000 To Paul Wang Enterprises, For The Golf Links Road Homeownership Project Located At 8379, 8395 And 8477 Golf Links Road And To Allow Resales Of Project Units To Households Up To 120% Of Area Median Income; 09-0091-7 A motion was made by Councilmember De La Fuente, seconded by Councilmember Reid, that this matter be Adopted. The motion carried by the following vote: Votes: ORAICouncilmember Ayes: 8 - Councilmember Brooks, Councilmember De La Fuente, Councilmember Kaplan, Councilmember Kernighan, Councilmember Nadel, Councilmember Quan, Councilmember Reid and President of the Council Brunner 2009-0022 CMS.pdf 9) An Agency Resolution Amending Resolution No. 2007-0026 C.M.S. To (1) Increase The Amount Of An Affordable Housing Development Loan To Home Place Initiatives Corporation By $990,000, For The Sausal Creek Homes Project Located At 2464-2470 26th Avenue For A Total Loan Amount Of $3,980,000, (2) Reduce The Affordability Term From Perpetuity To 45 Years, And (3) Allow Resales Of Project Units To Households Up To 120% Of Area Median Income; 09-0091-8 A motion was made by Councilmember De La Fuente, seconded by Councilmember Reid, that this matter be Adopted. The motion carried by the following vote: Votes: ORAICouncilmember Noes: 1 - President of the Council Brunner ORAICouncilmember Ayes: 7 - Councilmember Brooks, Councilmember De La Fuente, Councilmember Kaplan, Councilmember Kernighan, Councilmember Nadel, Councilmember Quan and Councilmember Reid 2009-0023 CMS.pdf 10) An Agency Resolution Amending Resolution No. 2007-0022 C.M.S. To Increase The Amount Of An Affordable Housing Development Loan To Bridge Housing Corporation For The St. Joseph's Senior Apartments Project Located At 2647 International Boulevard By $850,000 For A Total Agency Loan Amount Of $4,639,000, And To Extend For 12 Months The Time Funds Are Reserved For The Project; 09-0091-9 A motion was made by Councilmember De La Fuente, seconded by Councilmember Reid, that this matter be Adopted. The motion carried by the following vote: Votes: ORAICouncilmember Noes: 1 - President of the Council Brunner ORAICouncilmember Ayes: 7 - Councilmember Brooks, Councilmember De La Fuente, Councilmember Kaplan, Councilmember Kernighan, Councilmember Nadel, Councilmember Quan and Councilmember Reid 2009-0024 CMS.pdf City of Oakland Page 18 Printed on 3/26/09 | 18 | OaklandRedevelopmentAgencyAndCityCouncil/2009-03-17.pdf |