pages: OaklandRedevelopmentSuccessorAgencyAndCityCouncilAndJointPowersFinancingAuthority/2013-05-07.pdf, 22
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OaklandRedevelopmentSuccessorAgencyAndCityCouncilAndJointPowersFinancingAuthority | 2013-05-07 | Concurrent Meeting of the Oakland Meeting Minutes May 7, 2013 Redevelopment Successor Agency/City Council/Joint Powers Financing Authority 23 Subject: Purchase Affordable Housing Parcels At Oak To Ninth From: Department Of Housing And Community Development Recommendation: Adopt A Resolution (1) Authorizing Exercise Of The Early Purchase Option To Purchase Affordable Housing Parcels At The Oak To Ninth/Brooklyn Basin Development, And (2) Authorizing A Put Agreement Providing For The Resale Of The Parcels To Oakland Harbor Partners At The City's Option 12-0420 A motion was made by Councilmember Gibson McElhaney, seconded by Councilmember Kaplan, that this matter be Adopted as Amended to include "WHEREAS the Redevelopment Agency in 2006 entered into a Cooperation Agreement with the Oak to Ninth Community Benefits Coalition, a consortium of four community organizations, requiring the Agency to purchase Project Parcels F and G (the "Affordable housing parcels") for affordable housing development and to ensure, subject to economic feasibility, the development of at least 465 affordable housing units, of which at least 388 are to be built on the affordable housing parcels, unless the Coalition consents to the off-site construction of some or all of these units.' The motion carried by the following vote: Votes: ORAICouncilmember Ayes: 8 - Councilmember Brooks, Councilmember Gallo, Councilmember Gibson McElhaney, Councilmember Kalb, Councilmember Kaplan, Council President Kernighan, Vice Mayor Reid and Councilmember Schaaf View Report.pdf View Supplemental Report.pdf View Supplemental Report.pdf 84349 CMS.pdf City of Oakland Page 22 Printed on 5/22/13 | 22 | OaklandRedevelopmentSuccessorAgencyAndCityCouncilAndJointPowersFinancingAuthority/2013-05-07.pdf |