Title
Subject: Resources For Community Development - Disposition And Development Agreement
From: Community Economic Development Agency
Recommendation: Conduct A Public Hearing And Upon Conclusion Adopt The Following Pieces Of Legislation:
1) An Agency Resolution Authorizing The Sale Of Real Property Located On Portions Of The Block Bounded By San Pablo Avenue, 18th Street, 19th Street, And Telegraph Avenue, Adjacent To The Fox Theater To Resources For Community Development For Its Development As Affordable Housing, Authorizing A Predevelopment And Development Loan For The Project In An Amount Not To Exceed $2,864,400, And Authorizing A Disposition And Development Agreement For The Project