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File #: 14-0787    Version: 1 Name: Broadway/MacArthur/San Pablo Bond Spending Plan Amendment & Grant
Type: City Resolution Status: Passed
File created: 4/13/2015 In control: Meeting of the Oakland City Council
On agenda: 5/11/2015 Final action: 5/11/2015
Title: Subject: Broadway/MacArthur/San Pablo Bond Spending Plan Amendment & Grant From: Economic & Workforce Development Department Recommendation: Adopt A Resolution Authorizing The City Administrator Or Designee To (1) Accept Excess Bond Proceeds In The Amount Of $1,357,000 Received From The Oakland Redevelopment Successor Agency ("ORSA") Under The Bond Expenditure Agreement Entered Into November 8, 2013, By And Between The City Of Oakland (The "City") And ORSA; (2) Amend The Broadway/Macarthur/San Pablo Bond Spending Plan To (A) Appropriate And Allocate Such Bond Proceeds To Projects And/Or Programs And (B) Re-Appropriate And Reallocate Excess Bond Proceeds In The Amount Of $100,000 Previously Listed And Committed In The Approved Bond Spending Plan To Other Bond-Eligible Projects And/Or Programs; (3) Enter Into A Grant Agreement With MacArthur Transit Community Partners, LLC ("MTCP"), To Provide A Grant In The Amount Of $541,613.26 To Fund Additional Streetscape Improvements At West Macar...
Sponsors: Economic & Workforce Development Department
Attachments: 1. View Report.pdf, 2. 85547 CMS.pdf
Title
Subject:      Broadway/MacArthur/San Pablo Bond Spending Plan Amendment & Grant
From:            Economic & Workforce Development Department
Recommendation: Adopt A Resolution Authorizing The City Administrator Or Designee To (1) Accept Excess Bond Proceeds In The Amount Of $1,357,000 Received From The Oakland Redevelopment Successor Agency ("ORSA") Under The Bond Expenditure Agreement Entered Into November 8, 2013, By And Between The City Of Oakland (The "City") And ORSA; (2) Amend The Broadway/Macarthur/San Pablo Bond Spending Plan To (A) Appropriate And Allocate Such Bond Proceeds To Projects And/Or Programs And (B) Re-Appropriate And Reallocate Excess Bond Proceeds In The Amount Of $100,000 Previously Listed And Committed In The Approved Bond Spending Plan To Other Bond-Eligible Projects And/Or Programs; (3) Enter Into A Grant Agreement With MacArthur Transit Community Partners, LLC ("MTCP"), To Provide A Grant In The Amount Of $541,613.26 To Fund Additional Streetscape Improvements At West Macarthur Boulevard; And (4) Adopt Appropriate CEQA Findings