City of Oakland - File #: 04-0078-1

• File #: 04-0078-1
• Version: 1
• Name: Oakland Business Development Corporation (OBDC)
• Type: City Resolution
• Status: Passed
• File created: 6/2/2004
• In control: *Rules & Legislation Committee
• On agenda: 9/16/2004
• Final action: 9/21/2004
• Title: Subject: Oakland Business Development Corporation (OBDC) From: Community and Economic Development Agency Recommendation: Adopt the following pieces of legislation: 1) A Resolution amending Resolution No. 78588 C.M.S. and authorizing the City Administrator to increase the amount of the agreement with the Oakland Business Development Corporation (OBDC) by $122,400 for a total amount of $512,733 during Fiscal Year 2004 - 2005 for expanded services and an increase of OBDC's lending authority to $249,500 for City commercial loan programs; and
• Sponsors: Community & Economic Development Agency

Date	Ver.	Action By	Action	Result
9/21/2004	1	Meeting of the Oakland City Council	Adopted	Pass
9/14/2004	1	*Concurrent Meeting of the Redevelopment Agency and Council Community & Economic Development Committee	Rescheduled
7/1/2004	1	*Rules & Legislation Committee	* Withdrawn and Rescheduled
6/3/2004	1	*Rules & Legislation Committee	Scheduled

Title

Subject:      Oakland Business Development Corporation (OBDC)

From:            Community and Economic Development Agency

Recommendation: Adopt the following pieces of  legislation:

1) A Resolution amending Resolution No. 78588 C.M.S. and authorizing the City Administrator to increase the amount of the agreement with the Oakland Business Development Corporation (OBDC) by $122,400 for a total amount of $512,733 during Fiscal Year 2004 - 2005 for expanded services and an increase of OBDC's lending authority to $249,500 for City commercial loan programs; and

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