pages: RulesAndLegislationCommittee/2015-10-22.pdf, 9
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RulesAndLegislationCommittee | 2015-10-22 | *Rules & Legislation Committee Meeting Minutes October 22, 2015 4.21 Subject: Fruitvale Transit Village Phase Il From: Economic & Workforce Development Department Recommendation: Adopt An Ordinance Amending Ordinance No. 13313 C.M.S. To Add The East Bay Asian Local Development Corporation ("EBALDC") As An Additional Party To The Lease Disposition And Development Agreement (Phase IIA), A Sixty-Six (66) Year Ground Lease And Related Documents (Collectively "LDDA") As Amended By And Among The City Of Oakland, A Municipal Corporation, The Spanish Speaking Unity Council Of Alameda County, Inc., L&M Development Partners, Inc. And EBALDC For The Development Of Mixed Income Housing Located On APN 033-2177-021 At 37th Avenue And East 12th Street 15-0258 Attachments: View Report 13346 This Ordinance was Scheduled.to the *Community & Economic Development Committee to be heard 11/10/2015 2) A Resolution Authorizing The City Administrator Or Designee To Negotiate And Execute A Development Loan Agreement By And Between The City Of Oakland And The Spanish Speaking Unity Council Of Alameda County, Inc. ("Unity Council") To Provide A Loan To Unity Council In The Aggregate Amount Of $7,050,000 For The Fruitvale Transit Village Phase IIA Project By: (A) Amending The Central City East Redevelopment Project Area Excess Bond Spending Plan By Re-Appropriating And ReAllocating Previously Committed Excess Bond Proceeds In The Amount Of $2,550,000 From Central City East - Major Projects; (B) Amending The Coliseum Redevelopment Project Area Excess Bond Spending Plan By Re-Appropriating And Re-Allocating Previously Committed Excess Bond Proceeds In The Amount Of $500,000 From Coliseum City EIR And Specific Plan For A Total Of $3,050,000 Excess Bond Funds; And (C) Allocating $4 Million Of Proposition 1C Funds From The State Of California's Housing And Community Development Department As A Loan To The Fruitvale Transit Village Phase IIA Project 15-0259 Attachments: 85902 CMS This City Resolution was Scheduled.to the *Community & Economic Development Committee to be heard 11/10/2015 City of Oakland Page 9 Printed on 12/15/2015 | 9 | RulesAndLegislationCommittee/2015-10-22.pdf |