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File #: 18-0860    Version: Name:
Type: ORSA Resolution Status: Passed
File created: 9/11/2018 In control: * Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council
On agenda: 10/30/2018 Final action: 10/30/2018
Title: Subject: Loan Term Extension For Madison Park Apartments From: Housing Development Services Recommendation: Adopt A Resolution Amending Oakland Redevelopment Successor Agency Resolution No. 2011-0015 To Extend The Term Of The Existing Madison Park Apartments Loan To The Earlier Of Fifty-Five (55) Years From Permanent Loan Conversion Or December 31, 2076 And To Change The Interest Rate Of The Existing Loan To The Long-Term, Compounding Applicable Federal Rate (AFR) [NEW TITLE]
Attachments: 1. View Report, 2. View Supplemental Report 10-12-2018, 3. View Supplemental Report 10-19-2018, 4. 2018-014 CMS

Title

Subject:                     Loan Term Extension For Madison Park Apartments                     

From:                                          Housing Development Services                                          

Recommendation: Adopt A Resolution Amending Oakland Redevelopment Successor Agency Resolution No. 2011-0015 To Extend The Term Of The Existing Madison Park Apartments Loan To The Earlier Of Fifty-Five (55) Years From Permanent Loan Conversion Or December 31, 2076 And To Change The Interest Rate Of The Existing Loan To The Long-Term, Compounding Applicable Federal Rate (AFR)

[NEW TITLE]