https://oakland.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=742399&GUID=31F021BF-0939-407E-BDC2-3DDCE9BA7154&G=15529D0E-EFE8-4C09-817E-CE554309072ELegistar15https://oakland.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=742399&GUID=31F021BF-0939-407E-BDC2-3DDCE9BA7154&G=15529D0E-EFE8-4C09-817E-CE554309072E31F021BF-0939-407E-BDC2-3DDCE9BA7154-2025-08-27-20-56-26Title: Subject: Oakland Renaissance - Agreement From: Community and Economic Development Agency Recommendation: Conduct A Public Hearing And Upon Conclusion Adopt the Following Pieces of Legislation: 1) A Resolution Approving A Disposition And Development Agreement And Related Documents Between The Redevelopment Agency Of The City Of Oakland And Oakland Renaissance NMTC, A Non-profit Entity (Renaissance), For The Sale And Development Of The Fox Theater As A Mixed Use Entertainment, Office And School Development; In Which The Agency Appropriates The Following Financial Assistance To Renaissance For Development Of The Project: (A) An Agency Loan Of $13 Million; (B) Transfer Of $4,985,00 Of State Of California Proposition 55 Grant Funds; (C) Transfer Of $2,887,500 Of State Of California Proposition 40 Grant Funds; (D) Transfer Of $1,300,00 Insurance Proceeds For Fire Damage At The Fox Theater, And (E) Transfer Of A $375,000 California Heritage Grant; andWed, 27 Aug 2025 20:56:26 GMT