pages: OaklandRedevelopmentSuccessorAgencyandtheCityCouncil/2015-11-17.pdf, 15
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OaklandRedevelopmentSuccessorAgencyandtheCityCouncil | 2015-11-17 | Concurrent Meeting of the Oakland Meeting Minutes November 17, 2015 Redevelopment Successor Agency and the City Council S7.27 Subject: Loan Restructuring For Hismen Hin-Nu And Marcus Garvey Commons From: Housing & Community Development Department Recommendation: Adopt The Following Pieces Of Legislation: 1) A Resolution Amending Resolution Nos. 89-108, 90-92,2011-0017, 83921, And 84586 C.M.S. To Modify The Terms Of Existing Loans To The Marcus Garvey Commons Affordable Housing Project At 721 A Wood Street To (1) Allow The New Owner To Assume And Assign The Loans In Order To Consolidate The Loans With Loans For The Hismen Hin-Nu Terrace Project, (2) Extend The Maturity Date To 55 Years, And (3) Change The Interest Rate From 3% To The Applicable Federal Rate; And 15-0256 Attachments: View Report 85895 CMS This City Resolution was Adopted. 2) A Resolution Amending Resolution Nos. 84038 And 85471 C.M.S. To Modify The Terms Of A $1,517,000 Loan To East 14th Street Housing Associates For The Hismen Hin-Nu Terrace Affordable Housing Project To (1) Allow The New Owner To Assume And Assign The Loan In Order To Consolidate The Loan With Loans For The Marcus Garvey Commons Project, (2) Extend The Maturity Date To 55 Years, And (3) Change The Interest Rate From 3% To The Applicable Federal Rate 15-0257 Attachments: 85896 CMS This City Resolution was Adopted. S7.28 Subject: Measure B/Measure BB Paratransit Services FY 2015-2016 From: Human Services Department Recommendation: Adopt A Resolution Amending Resolution No. 85630 C.M.S., Which Authorized The City Administrator To Accept And Appropriate Fiscal Year (FY) 2015-2016 Measure B And Measure BB Funds From The Alameda County Transportation Commission To Provide Paratransit Services And Enter Into Reimbursement Agreements With Transportation Providers, To Authorize An Agreement For $220,000 With St. Mini Cab Corporation Instead Of Veterans Transportation, Inc., For The Period Of July 1, 2015 Through June 30, 2016 15-0260 Attachments: View Report 85897 CMS This City Resolution was Adopted. City of Oakland Page 15 Printed on 12/15/2015 | 15 | OaklandRedevelopmentSuccessorAgencyandtheCityCouncil/2015-11-17.pdf |