File #: 16-0811    Version: 1 Name: Support of SB 711 - Local-State Sustainable Investment Incentive Program
Type: City Resolution Status: Passed
File created: 3/1/2017 In control: Special Concurrent Meeting of the Oakland Redevelopment Successor Agency/City Council
On agenda: 3/28/2017 Final action: 3/21/2017
Title: Subject: Support of SB 711 - Local-State Sustainable Investment Incentive Program From: Councilmembers Dan Kalb Recommendation: Adopt A Resolution In Support Of Senate Bill 711 (Hill) That Would Establish A Six-Year Pilot Program Authorizing The Strategic Growth Council To Approve Reductions In Required Property Tax Contributions To The Educational Revenue Augmentation Fund In Order For Local Governments To Use The Funds On Projects For Affordable Housing, Disadvantaged Communities, And Other Approved Uses
Sponsors: Dan Kalb
Attachments: 1. View Report, 2. View Report, 3. 86663 CMS

Title

Subject:                     Support of SB 711 - Local-State Sustainable Investment Incentive Program

From:                                          Councilmembers Dan Kalb

Recommendation: Adopt A Resolution In Support Of Senate Bill 711 (Hill) That Would Establish A Six-Year Pilot Program Authorizing The Strategic Growth Council To Approve Reductions In Required Property Tax Contributions To The Educational Revenue Augmentation Fund In Order For Local Governments To Use The Funds On Projects For Affordable Housing, Disadvantaged Communities, And Other Approved Uses