pages: SpecialCommunityAndEconomicDevelopmentCommittee/2022-04-26.pdf, 4
This data as json
body | date | text | page | path |
---|---|---|---|---|
SpecialCommunityAndEconomicDevelopmentCommittee | 2022-04-26 | *Special Community & Economic Meeting Minutes - FINAL April 26, 2022 Development Committee following: Amending the 6th Further Resolved on Page 4 to read: That City Administrator is authorized to award Go-Biz grants and no-interest revolving loans in an amount up to $250,000 per grant or no interest revolving loan to fund business start-up and ongoing costs, including funding to host Special Events for business promotion, to local equity licensees and applicants to be determined and without return to City Council, in a cumulative amount not to exceed Two Million Four-Hundred Twenty-Eight Thousand Nine Hundred and Fifty-Three Dollars and Ten Cents ($2,428,953.10); and be it Adding a Further Resolved to read: That the City Administrator shall report to Council periodically the programmatic loans and grants, including the applicants awarded grants or loans, grant or loan amounts, geographic location, cannabis license type, and other relevant information concerning the grant and loan awards issued pursuant to this Resolution; and be it Striking the 10th Further Resolved on page 4 that read: That the City Administrator is authorized to forgive the loans to cannabis equity applicants and licensees to fund the purchase of real property for use by multiple equity applicants and licensees, without return to City Council, based on loan recipients' compliance with loan program terms; and be it And Amending the title striking section 3 that reads: And (3) Forgive The Loans For Purchase Of Real Property Referenced Above And Without Return To Council Based On Loan Recpients' Compliance With Loan Program Terms A motion was made by Carroll Fife, seconded by Loren Taylor, that this matter be Approved as Amended the Recommendation of Staff, and Forward to go before the * Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council, to be heard 5/3/2022. The motion carried by the following vote: Aye 4 - - Fife Kalb Taylor, Gallo NO VOTE 0 City of Oakland Page 4 Printed on 5/31/2022 | 4 | SpecialCommunityAndEconomicDevelopmentCommittee/2022-04-26.pdf |