City of Oakland - File #: 12-0662-1

• File #: 12-0662-1
• Version: 1
• Type: City Resolution
• Status: Passed
• File created: 6/27/2013
• In control: Concurrent Meeting of the Oakland Redevelopment Agency / City Council
• Final action: 7/16/2013
• Title: 2) A Resolution Authorizing A Loan To Oakland Renaissance NMTC, Inc., In The Amount Of $125,000 For A Term Of Up To Twelve Months With An Interest Rate Of 3.5 Percent From The Community Development Block Grant (CDBG) Fund To Cover Oakland Renaissance NMTC, Inc.'s Organizational Start-Up Expenses Required To Initiate The Allocation Of New Market Tax Credits; And

Date	Ver.	Action By	Action	Result
7/16/2013	1	* Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council	Adopted	Pass

Title

2) A Resolution Authorizing A Loan To Oakland Renaissance NMTC, Inc., In The Amount Of $125,000 For A Term Of Up To Twelve Months With An Interest Rate Of 3.5 Percent From The Community Development Block Grant (CDBG) Fund To Cover Oakland Renaissance NMTC, Inc.'s Organizational Start-Up Expenses Required To Initiate The Allocation Of New Market Tax Credits; And