Title
Subject: Oakland Business Development Corporation - Agreement
From: Community and Economic Development Agency
Recommendation: Adopt The Following Pieces Of Legislation:
1) A Resolution Authorizing The City Administrator To Increase The Funding For Oakland Business Development Corporation In An Amount Not To Exceed $285,800 Of Economic Development Initiative Funds ("EDI") For Fiscal Year 2007-2008, For A Total Contract Amount Not To Exceed $558,550; And In An Amount Not To Exceed $95,800 Of EDI Funds For Fiscal Year 2008-2009, For A Total Contract Amount Not To Exceed $468,550, For Commercial Loan Underwriting And Servicing