File #: 24-0532    Version: 1 Name:
Type: City Resolution Status: In Committee
File created: 6/5/2024 In control: *Finance & Management Committee
On agenda: 7/23/2024 Final action:
Title: Subject: Public Bank East Bay Regulatory Approval And Investment From: Councilmember Fife Recommendation: Adopt A Resolution (1) Authorizing The Public Bank East Bay (PBEB) To Apply For Regulatory Approval; (2) Authorizing The City Of Oakland To Become A Founding Member Of The PBEB; And (3) Authorizing The City Administrator To Make Investment Contributions To Capitalize The PBEB; On The July 23, 2024 Finance And Management Committee Agenda
Sponsors: Carroll Fife

Title

Subject:                      Public Bank East Bay Regulatory Approval And Investment

From:                                          Councilmember Fife

Recommendation: Adopt A Resolution (1) Authorizing The Public Bank East Bay (PBEB) To Apply For Regulatory Approval; (2) Authorizing The City Of Oakland To Become A Founding Member Of The PBEB; And (3) Authorizing The City Administrator To Make Investment Contributions To Capitalize The PBEB; On The July 23, 2024 Finance And Management Committee Agenda