pages: SpecialCommunityAndEconomicDevelopmentCommittee/2012-06-12.pdf, 3
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SpecialCommunityAndEconomicDevelopmentCommittee | 2012-06-12 | *Special Community & Economic Meeting Minutes June 12,2012 Development Committee 5 Subject: Preservation And Rehabilitation Development Loans From: Department Of Housing And Community Development Recommendation: Adopt The Following Pieces Of Legislation: 1) A Resolution Authorizing A Preservation And Rehabilitation Loan In An Amount Not To Exceed $1,200,000 To Chelsea Investment Corporation For The C.L. Dellums Project Located At 644 14th Street, And Authorizing Loan Extensions And/Or Changes In Terms For Existing Loans For The Project 11-0534 A motion was made by Vice Mayor Nadel, seconded by Member Kernighan, that this matter be *Approve the Recommendation of Staff, and Forward to the * Meeting of the Oakland City Council, due back on June 19, 2012 as a consent item. The motion carried by the following vote: Votes: Councilmember Aye: Vice Mayor Nadel, Member Kernighan, Member Brunner and President Pro Tempore De La Fuente View Report.pdf 83918 CMS.pdf 2) A Resolution Authorizing A Preservation And Rehabilitation Loan In An Amount Not To Exceed $989,000 To East Bay Asian Local Development Corporation For The Madrone Hotel Project Located At 477 8th Street, And Authorizing Loan Extensions And/Or Changes In Terms For Existing Loans For The Project 11-0534-1 *Approve the Recommendation of Staff, and Forward to * Meeting of the Oakland City Council on 6/19/2012 83919 CMS.pdf 3) A Resolution Increasing The Amount Of An Affordable Housing Preservation And Rehabilitation Loan To Dignity Housing West, Inc. For The James Lee Court Affordable Housing Development Located At 690 15th Street By $1,105,000 For A Total Loan Amount Of $3,501,000, And Authorizing Loan Extensions And/Or Changes In Terms For Existing Loans For The Project 11-0534-2 *Approve the Recommendation of Staff, and Forward to * Meeting of the Oakland City Council on 6/19/2012 83920 CMS.pdf 4) A Resolution Authorizing A Preservation And Rehabilitation Loan In An Amount Not To Exceed $382,000 To East Bay Asian Local Development Corporation For The Marcus Garvey Commons Project Located At 1769 Goss Street And 1766 7th Street, And Authorizing Loan Extensions And/Or Changes In Terms For Existing Loans For The Project 11-0534-3 *Approve the Recommendation of Staff, and Forward to * Meeting of the Oakland City Council on 6/19/2012 83921 CMS.pdf City of Oakland Page 3 Printed on 7/6/12 | 3 | SpecialCommunityAndEconomicDevelopmentCommittee/2012-06-12.pdf |