Title
Subject: Department of the Navy - Settlement Agreement
From: Office of the City Attorney
Recommendation: Adopt a Resolution 1) authorizing and directing the Agency Counsel to compromise and settle the case of Oakland Redevelopment Agency, et al., v. United States of America, et al., Federal District Court number C02-4652MHP, our file number X01619, for a payment of two million, one hundred thousand dollars ($2,100,000) by defendant Department of the Navy to the Oakland Base Reuse Authority ("OBRA") and (2) authorizing the Agency Administrator to accept said funds from OBRA in satisfaction of the Loan Made by the Redevelopment Agency to OBRA
Body
[Enter body here.]