pages: RedevelopmentAgencyandCouncilCommunityAndEconomicDevelopmentCommittee/2009-09-29.pdf, 4
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RedevelopmentAgencyandCouncilCommunityAndEconomicDevelopmentCommittee | 2009-09-29 | *Special Concurrent Meeting of the Meeting Minutes September 29, 2009 Redevelopment Agency and Council Community & Economic Development Committee 4 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 Member Reid, seconded by Member Brunner, that this matter be Continued to the *Community & Economic Development Committee, due back on October 13, 2009. The motion carried by the following vote: Votes: Councilmember Aye: Member Kernighan, Member Brunner, Member Reid and Chair De La Fuente The following individual(s) spoke and did not indicate a position on this item: - Sanjiv Handa View Report.pdf View Supplemental Report.pdf View Report.pdf View Supplemental Report.pdf View Supplemental Report.pdf City of Oakland Page 4 Printed on 10/16/09 | 4 | RedevelopmentAgencyandCouncilCommunityAndEconomicDevelopmentCommittee/2009-09-29.pdf |