File #: 10-0486    Version: Name: Frank G. Mar Project - Interest Rate Reduction
Type: City Resolution Status: Passed
File created: 3/3/2011 In control: Concurrent Meeting of the Oakland Redevelopment Agency / City Council
On agenda: 5/10/2011 Final action: 5/17/2011
Title: Subject: Frank G. Mar Project - Interest Rate Reduction From: Community And Economic Development Agency Recommendation: Adopt A Resolution Amending Resolution No. 66603 C.M.S. Authorizing A Loan To Mar Associates For The Frank G. Mar Project To Reduce The Interest Rate To 3%, Extend The Time For Repayment, And Convert The Loan Into A Surplus Cash Loan
Attachments: 1. View Report.pdf, 2. 83369 CMS.pdf
Title
Subject:      Frank G. Mar Project - Interest Rate Reduction
From:            Community And Economic Development Agency
Recommendation: Adopt A Resolution Amending Resolution No. 66603 C.M.S. Authorizing A Loan To Mar Associates For The Frank G. Mar Project To Reduce The Interest Rate To 3%, Extend The Time For Repayment, And Convert The Loan Into A Surplus Cash Loan