City of Oakland - File #: 18-0860

• File #: 18-0860
• Version: 2
• 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]

Date	Ver.	Action By	Action	Result
10/30/2018	2	Special Concurrent Meeting of the Oakland Redevelopment Successor Agency/City Council	Adopted	Pass
10/23/2018	2	Concurrent Meeting of the Oakland Redevelopment Successor Agency and the Community and Economic Development Committee	Approved the Recommendation of Staff, and Forward	Pass
10/11/2018	2	*Rules & Legislation Committee	Scheduled
9/27/2018	1	*Rules & Legislation Committee	Scheduled
9/25/2018	1	*Community & Economic Development Committee	Approved the Recommendation of Staff, and Forward	Pass
9/13/2018	1	*Rules & Legislation Committee	Scheduled

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]