pages: OaklandRedevelopmentSuccessorAgencyAndCityCouncilAndJointPowersFinancingAuthority/2018-04-17.pdf, 18
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OaklandRedevelopmentSuccessorAgencyAndCityCouncilAndJointPowersFinancingAuthority | 2018-04-17 | Concurrent Meeting of the Oakland Meeting Minutes - FINAL April 17, 2018 Redevelopment Successor Agency/City Council/Joint Powers Financing Authority 11 Subject: Negative Fund Repayment Plan and Recommendations From: Finance Department Recommendation: Adopt A Resolution Authorizing The City Administrator To (1) Remove Or Reallocate Appropriations In Specified Funds With Negative Fund Balances And No Sources Of Revenue; (2) Revise The Existing Repayment Schedule To Add 10 Year Repayment Plans For Specified Funds With Negative Fund Balances As Part Of The FY 2019-21 Proposed Policy Budget 18-0159 Attachments: View Report View Supplemental Report 3/9/2018 View Report 4/5/2018 87140 CMS President Pro Tem Guillen made a motion, seconded by Councilmember McElhaney, to approve the resolution with a requirement that staff come back with specific recommendations and actions to adjust the Consolidated fiscal Policy. The motion passed by 5 Ayes: Gallo, Guillén, Kalb, Kaplan, and McElhaney, 1 Absent: Campbell Washington. 2 Excused: Brooks and President Reid There were 2 speakers on this item A motion was made by Abel J. Guillén, seconded by Lynette McElhaney, that this matter be Adopted. The motion carried by the following vote: Excused: 2 - Brooks, and Reid Aye: 5- - Guillén, Gallo, Kalb, McElhaney, and Kaplan Absent: 1 - - Campbell Washington NO VOTE: 0 City of Oakland Page 18 Printed on 5/15/2018 | 18 | OaklandRedevelopmentSuccessorAgencyAndCityCouncilAndJointPowersFinancingAuthority/2018-04-17.pdf |