File #: 07-0341    Version: Name: Jack London Gateway Shopping Center Project
Type: City Resolution Status: Withdrawn
File created: 5/29/2007 In control: *Community & Economic Development Committee
On agenda: 7/10/2007 Final action: 6/21/2007
Title: Subject: Jack London Gateway Shopping Center Project From: Community and Economic Development Agency Recommendation: A Request To Withdraw From The July 10, 2007 Community And Economic Development Committee Agenda A Resolution Amending Resolution No. 78127 C.M.S. To Authorize The Conversion Of A $2.1 Million Grant To Jack London Gateway Associates For The Jack London Gateway Shopping Center Project At Ninth And Market Streets To A No Interest Loan Reason: Staff requests that the item be withdrawn because it was intended to correct an unintended tax consequence for Jack London Gateway Associates. Staff has subsequently heard from JLGA that this proposed Council item will not benefit them due to new information from their tax attorney
Sponsors: Community & Economic Development Agency
Title
Subject:      Jack London Gateway Shopping Center Project
From:            Community and Economic Development Agency
Recommendation: A Request To Withdraw From The July 10, 2007 Community And Economic Development Committee Agenda A Resolution Amending Resolution No. 78127 C.M.S. To Authorize The Conversion Of A $2.1 Million Grant To Jack London Gateway Associates For The Jack London Gateway Shopping Center Project At Ninth And Market Streets To A No Interest Loan
 
Reason:  Staff requests that the item be withdrawn because it was intended to correct an unintended tax consequence for Jack London Gateway Associates. Staff has subsequently heard from JLGA that this proposed Council item will not benefit  them due to new information from their tax attorney