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File #: 20-0125    Version: 1 Name:
Type: City Resolution Status: Passed
File created: 1/28/2020 In control: * Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council
On agenda: 2/18/2020 Final action: 2/18/2020
Title: Subject: Mark Twain Homes Amended And Restated Predevelopment Loan Agreement From: Housing And Community Development Recommendation: Adopt A Resolution Authorizing The City Administrator Or His Or Her Designee To Amend And Restate An Unsecured Predevelopment Loan Agreement With Oakland And The World Enterprises, Inc., To Increase The Total Loan Amount From $50,000 To $350,000 Using Affordable Housing Trust Funds (Fund 1870), For Predevelopment Activities Associated With The Affordable Housing Project Located At 3525 Lyon Street, To Be Known As Mark Twain Homes; And Making California Environmental Quality Act Findings For This Action
Attachments: 1. View Agenda Report, 2. View Legislation, 3. 88039 CMS

Title

Subject:                     Mark Twain Homes Amended And Restated Predevelopment Loan Agreement

From:                                          Housing And Community Development                                          

Recommendation: Adopt A Resolution Authorizing The City Administrator Or His Or Her Designee To Amend And Restate An Unsecured Predevelopment Loan Agreement With Oakland And The World Enterprises, Inc., To Increase The Total Loan Amount From $50,000 To $350,000 Using Affordable Housing Trust Funds (Fund 1870), For Predevelopment Activities Associated With The Affordable Housing Project Located At 3525 Lyon Street, To Be Known As Mark Twain Homes; And Making California Environmental Quality Act Findings For This Action