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File #: 16-55    Version: 1 Name: Fox Theater Loan Assignment And Guarantee
Type: ORSA Resolution Status: Passed
File created: 8/26/2016 In control: * Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council
On agenda: 9/20/2016 Final action: 10/4/2016
Title: Subject: Fox Theater Loan Assignment And Guarantee From: Economic And Workforce Development Recommendation: Adopt The Following Pieces Of Legislation: 1) A Resolution Authorizing The Agency Administrator To Consent To The Assignment Of The $1.4 Million Loan Agreement Between The Agency And Fox Theater Master Tenant, LLC To Assign The $1.4 Million Loan To Fox Oakland Theater, Inc. And Subordinate The Loan To A New $4,600,000 Loan; And
Attachments: 1. View Report, 2. View Supplement, 3. 2016-008 CMS
Related files: 16-0089

Title

Subject:                     Fox Theater Loan Assignment And Guarantee

From:                                          Economic And Workforce Development

Recommendation: Adopt The Following Pieces Of Legislation: 

 

1) A Resolution Authorizing The Agency Administrator To Consent To The Assignment Of The $1.4 Million Loan Agreement Between The Agency And Fox Theater Master Tenant, LLC To Assign The $1.4 Million Loan To Fox Oakland Theater, Inc. And Subordinate The Loan To A New $4,600,000 Loan; And