pages: OaklandRedevelopmentAgencyAndCityCouncil/2009-10-20.pdf, 23
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OaklandRedevelopmentAgencyAndCityCouncil | 2009-10-20 | DRAFT Concurrent Meeting of the Oakland Meeting Minutes October 20, 2009 Redevelopment Agency / City Council S-26 Subject: New Business Incentives From: Council President Jane Brunner Recommendation: Adopt A Resolution: (1) Authorizing Business Tax And Sales Tax Incentive Programs To Facilitate The City's Business Attraction Activities; And (2) Authorizing The City Administrator, Without Returning To Council, To Negotiate And Execute Business And/Or Sales Tax Incentive Agreements: (A) With A Term Of Up To Two Years; And (B) Providing For Total Incentive Payments In Any Single Agreement Not To Exceed Two Hundred And Fifty Thousand Dollars ($250,000) Per Year, For A Total Maximum Amount Of Five Hundred Thousand Dollars ($500,000) (TITLE CHANGE) 09-0451 Play Video A motion was made by Councilmember Reid, seconded by President of the Council Brunner, that this matter be Adopted. The motion carried by the following vote: Votes: ORAICouncilmember Absent: 1 - Councilmember De La Fuente ORAICouncilmember Ayes: 7 - Councilmember Brooks, Councilmember Kaplan, Councilmember Kernighan, Councilmember Nadel, Councilmember Quan, Councilmember Reid and President of the Council Brunner The following individual spoke on this item: - Bill Aboudi - Sanjiv Handa View Report.pdf View Supplemental Report.pdf View Report.pdf View Supplemental Report.pdf View Supplemental Report.pdf 82364 CMS.pdf City of Oakland Page 23 Printed on 11/2/09 | 23 | OaklandRedevelopmentAgencyAndCityCouncil/2009-10-20.pdf |