pages: RulesAndLegislationCommittee/2016-09-29.pdf, 8
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RulesAndLegislationCommittee | 2016-09-29 | *Rules & Legislation Committee Meeting Minutes - FINAL September 29, 2016 4.15 Subject: The Fox Theatre Loan Balloon Payment Due December 2016 From: Member Of The Public Recommendation: Receive An Informational Report From The City Auditor Regarding Staff's Rationale For Their Recommendation For A $1.4 Million Loan To Supplant A $4.6 Million Loan Balloon Payment Due December 2016 From The Fox Theatre. Staff Have Indicated That The $1.4 Million Would Subordinate The $4.6 Million Balloon Payment Now Totaling The Loan Amount $6 Million And Extending The Loan Payment For Ten Years. This Report Should Also Address Why The Proposed Council Resolution Has A $6.5 Million Dollar Amount/Is This Additional $500,000 A Loan Fee And To Whom. Why Is This Tenant Improvement Loan Of $1.4 Million ( This Was In Addition To A $1.2 Million Dollar Tenant Improvement That Rudy's Received Previously)Being Identified As Renovation For VIP Lounge For Rudy's Restaurant That Can't Fail.; As Soon As Possible During City Council 16-0239 Sponsors: Member(s) of the Public This City Resolution be No Action Taken. 4.16 Subject: Ordinances Amending Chapters 5.80 And 5.81 - Cannabis From: Council President Lynette Gibson McElhaney Recommendation: Adopt The Following Pieces Of Legislation: 1) An Ordinance Amending Oakland Municipal Code Chapter 5.80, Medical Cannabis Dispensary Permits, To Refine The Equity Permit Program; And 16-0246 Sponsors: Gibson McElhaney This Ordinance be No Action Taken. 2) An Ordinance Amending Oakland Municipal Code Chapter 5.81, Medical Cannabis Cultivation Facility Permits, To Refine The Equity Permit Program.; On The October 18, 2016 City Council Agenda 16-0248 Sponsors: Gibson McElhaney This Ordinance be No Action Taken. Items Submitted On The Dias City of Oakland Page 8 Printed on 11/29/2016 | 8 | RulesAndLegislationCommittee/2016-09-29.pdf |