City of Oakland - File #: 17-0153

• File #: 17-0153
• Version: 1
• Name: Fox Theater Loan Assignment
• Type: City Resolution
• Status: Passed
• File created: 9/19/2017
• In control: * Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council
• On agenda: 10/17/2017
• Final action: 10/17/2017
• Title: Subject: Fox Theater Loan Assignment From: Economic And Workforce Development Department Recommendation: Adopt The Following Pieces Of Legislation: 1) A Resolution Authorizing The Assumption From The Oakland Redevelopment Successor Agency ("ORSA") Of Approximately $47.5 Million In Loans Made By ORSA To Fox Oakland Theater, Inc., For The Renovation Of The Fox Theater, And Authorizing A Compensation Agreement With ORSA To Pay 30% Of Loan Repayments; And
• Related files: 17-0154

Date	Ver.	Action By	Action	Result
10/17/2017	1	* Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council	Adopted	Pass
10/10/2017	1	Concurrent Meeting of the Oakland Redevelopment Successor Agency and the Community and Economic Development Committee	Approved the Recommendation of Staff, and Forward	Pass
9/21/2017	1	*Rules & Legislation Committee	Scheduled

Title

Subject:                     Fox Theater Loan Assignment

From:                                           Economic And Workforce Development Department

Recommendation: Adopt The Following Pieces Of Legislation:                     

1) A Resolution Authorizing The Assumption From The Oakland Redevelopment Successor Agency ("ORSA") Of Approximately $47.5 Million In Loans Made By ORSA To Fox Oakland Theater, Inc., For The Renovation Of The Fox Theater, And Authorizing A Compensation Agreement With ORSA To Pay 30% Of Loan Repayments; And