pages: RulesAndLegislationCommittee/2015-12-03.pdf, 6
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RulesAndLegislationCommittee | 2015-12-03 | *Rules & Legislation Committee Meeting Minutes December 3, 2015 4.11 Subject: Amendments To The Ellis Act Ordinance From: Housing & Community Development Department Recommendation: Adopt An Ordinance To Amend The Ellis Act Ordinance O.M.C. 12530 C.M.C. To (1) Extend Relocation Payments To All Households Regardless Of Income; (2) Set The Base Amount Of Relocation Payment At $6,500 Per Studio/One-Bedroom Units, $8,000 Per Two-Bedroom Units, And $9,875 Per Three Or More Bedroom Units; (3) Require An Additional Payment Of $2,500 Per Unit For Units With Tenants Who Are Seniors, Disabled, Low-Income, Or Families With Minor Children; And (4) Require That Half Of The Payment Be Made When The Termination Notice Is Given And The Other Half Of The Payment Made Upon Tenant's Move Out 15-0407 Attachments: View Report View Supplemental Report 13358 CMS This Ordinance was Scheduled.to the *Community & Economic Development Committee to be heard 12/15/2015 4.12 Subject: Coliseum Transit Village Owner Participation Agreement (OPA) From: Economic & Workforce Development Department Recommendation: Adopt The Following Pieces Of Legislation: 1) A Resolution Authorizing The City Administrator Or Designee To Negotiate And Execute (1) An Owner Participation Agreement Among The City Of Oakland ("City"), The Oakland Economic Development Corporation ("OEDC") And Urban Core Partners, LLC ("Urban Core") Or The City And A Related Entity Of OEDC And Urban Core And (2) A Development Loan Agreement Among The City, OEDC And Urban Core Or The City And A Related Entity Of OEDC And Urban Core For A Loan Amount Not To Exceed Eleven Million Six Hundred Thousand Dollars ($11,600,000) Comprised Of: (A) $8,000,000 In Previously Approved Oakland City Council Resolution No. 84516 C.M.S. Redevelopment Project Area Excess Bond Spending Plan Uses: Coliseum Transit Village Phase I; (B) Re-Allocating $3,200,000 In 2006 Coliseum Taxable Bond Funds From Coliseum BART Station Transit Village Infrastructure Project To The Coliseum Transit Village Phase I Project; And (C) Amending The Coliseum Redevelopment Project Area Excess Bond Spending Plan To Re-Appropriate And Re-Allocate Excess Bond Proceeds In The Amount Of $400,000 Previously Listed And Committed In The Approved Bond Spending Plan To The Coliseum City Specific Plan All In Connection With The Coliseum Transit Village Phase I Project; And 15-0409 Attachments: View Report View Supplemental Report DOC012516 0125C This City Resolution was Scheduled.to the *Community & Economic Development Committee to be heard 12/15/2015 City of Oakland Page 6 Printed on 3/16/2016 | 6 | RulesAndLegislationCommittee/2015-12-03.pdf |