City of Oakland - File #: 11-0116

• File #: 11-0116
• Version: 1
• Name: Pacific Renaissance Settlement - Payment Timeline Extension
• Type: City Resolution
• Status: Passed
• File created: 10/19/2011
• In control: Concurrent Meeting of the Oakland Redevelopment Agency / City Council
• On agenda: 11/8/2011
• Final action: 11/15/2011
• Title: Subject: Pacific Renaissance Settlement - Payment Timeline Extension From: Community And Economic Development Agency Recommendation: Adopt The Following Pieces Of Legislation: 1) A Resolution Amending City Resolution Nos. 80841 And 82505 C.M.S., Which Authorized Settlement Of The Pacific Renaissance Plaza Lawsuit, To Amend The Affordable Housing Agreement To Extend The Timeline For Repaying The City's Legal Costs By Five Years, And Provide For Partial Upfront Payment Of $1,000,000 Towards Repayment Of The City's Legal Expenses

Date	Ver.	Action By	Action	Result
11/15/2011	1	Concurrent Meeting of the Oakland Redevelopment Agency / City Council	Adopted	Pass
11/8/2011	1	*Concurrent Meeting of the Redevelopment Agency and Council Community & Economic Development Committee	Approved the Recommendation of Staff, and Forward	Pass
10/20/2011	1	*Rules & Legislation Committee	Scheduled

Title

Subject:      Pacific Renaissance Settlement - Payment Timeline Extension

From:            Community And Economic Development Agency

Recommendation:  Adopt The Following Pieces Of Legislation:

1) A Resolution Amending City Resolution Nos. 80841 And 82505 C.M.S., Which Authorized Settlement Of The Pacific Renaissance Plaza Lawsuit, To Amend The Affordable Housing Agreement To Extend The Timeline For Repaying The City's Legal Costs By Five Years, And Provide For Partial Upfront Payment Of $1,000,000 Towards Repayment Of The City's Legal Expenses