Title
Subject: Oakland Business Development Corporation
From: Community And Economic Development Agency
Recommendation: Adopt The Following Pieces Of Legislation:
1) A Resolution To Authorize An Increase In Funding For The Oakland Business Development Corporation In An Amount Not To Exceed $95,800 Of Economic Development Initiative Funds For Fiscal Year 2009-2010, And To Accept A Contribution From The Oakland Redevelopment Agency Under The Cooperation Agreement In An Amount Not To Exceed $140,912 For Fiscal Year 2009-2010, For A New Total Contract Amount Not To Exceed $468,552, For Commercial Loan Underwriting Services; And