pages: SpecialCommunityAndEconomicDevelopmentCommittee/2013-04-23.pdf, 3
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SpecialCommunityAndEconomicDevelopmentCommittee | 2013-04-23 | *Special Community & Economic Meeting Minutes April 23, 2013 Development Committee 4 Subject: Purchase Affordable Housing Parcels At Oak To Ninth From: Department Of Housing And Community Development Recommendation: Adopt A Resolution (1) Authorizing Exercise Of The Early Purchase Option To Purchase Affordable Housing Parcels At The Oak To Ninth/Brooklyn Basin Development, And (2) Authorizing A Put Agreement Providing For The Resale Of The Parcels To Oakland Harbor Partners At The City's Option 12-0420 A motion was made by Council President Kernighan, seconded by Member Schaaf, that this matter be *Approve as Amended the Recommendation of Staff, and Forward to the Meeting of the Oakland City Council, due back on May 7, 2013 as a non-consent item The motion carried by the following vote: Votes: Councilmember Aye: Member Gibson McElhaney, Council President Kernighan, Member Schaaf and Vice Mayor Reid The committee approved recommendations as amended to include in the resolution an additional WHEREAS as follows: WHEREAS the Redevelopment Agency in 2006 entered into a Cooperation Agreement with the Oak to Ninth Community Benefits Coalition, a consortium of. four community organizations, requiring the Agency to purchase Project Parcels F and G (the "Affordable housing parcels") for affordable housing development and to ensure, subject to economic feasibility, the development of at least 465 affordable housing units, of which at least 388 are to be built on the affordable housing parcels, unless the Coalition consents to the off-site construction of some or all of these units. There were 8 speakers on this item View Report. pdf View Supplemental Report.pdf View Supplemental Report.pdf City of Oakland Page 3 Printed on 5/14/13 | 3 | SpecialCommunityAndEconomicDevelopmentCommittee/2013-04-23.pdf |