https://oakland.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=2895473&GUID=8CAA9461-89CE-41E7-A999-97519C7FD926&G=15529D0E-EFE8-4C09-817E-CE554309072ELegistar15https://oakland.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=2895473&GUID=8CAA9461-89CE-41E7-A999-97519C7FD926&G=15529D0E-EFE8-4C09-817E-CE554309072E8CAA9461-89CE-41E7-A999-97519C7FD926-2025-08-27-21-02-00Title: Subject: The Fox Theatre Loan Balloon Payment Due December 2016 From: Member Of The Public Recommendation: Receive An Informational Report From The City Auditor Regarding Staff's Rationale For Their Recommendation For A $1.4 Million Loan To Supplant A $4.6 Million Loan Balloon Payment Due December 2016 From The Fox Theatre. Staff Have Indicated That The $1.4 Million Would Subordinate The $4.6 Million Balloon Payment Now Totaling The Loan Amount $6 Million And Extending The Loan Payment For Ten Years. This Report Should Also Address Why The Proposed Council Resolution Has A $6.5 Million Dollar Amount/Is This Additional $500,000 A Loan Fee And To Whom. Why Is This Tenant Improvement Loan Of $1.4 Million ( This Was In Addition To A $1.2 Million Dollar Tenant Improvement That Rudy's Received Previously)Being Identified As Renovation For VIP Lounge For Rudy's Restaurant That Can't Fail.; As Soon As Possible During City CouncilWed, 27 Aug 2025 21:02:00 GMT