File #: 22-0802    Version: Name:
Type: City Resolution Status: Passed
File created: 10/5/2022 In control: * Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council
On agenda: 11/1/2022 Final action: 11/1/2022
Title: Subject: City Of Oakland Declaring Its Intention To Establish The Oakland Enhanced Infrastructure Financing District From: President Pro Tempore Thao And Councilmember Fife Recommendation: Adopt A Resolution: (1) Expressing The City’s Interest In Establishing One Or More Enhanced Infrastructure Financing Districts To Fund Affordable Housing That Affirms The City’s Commitment To Furthering Fair Housing And Infrastructure Improvements; And (2) Directing The City Administrator To Return To Council With A Report And Recommendation Outlining The Timeline And Process For A Proposal To Establish An Enhanced Infrastructure Financing District Exclusively For East Oakland; And (3) Directing The City Administrator To Return To Council With A Report And Recommendation Outlining The Timeline And Process For A Proposal To Establish An Enhanced Infrastructure Financing District Exclusively For West Oakland; And (4) Directing The City Administrator To Return To Council With A Report And Recommendati...
Attachments: 1. View Legislation, 2. View Supplemental Report 10/27/2022, 3. View Supplemental Attachment 10/27/2022, 4. 89480 CMS

Title

Subject:                     City Of Oakland Declaring Its Intention To Establish The Oakland Enhanced Infrastructure Financing District

From:                                          President Pro Tempore Thao And Councilmember Fife

Recommendation: Adopt A Resolution: (1) Expressing The City’s Interest In Establishing One Or More Enhanced Infrastructure Financing Districts To Fund Affordable Housing That Affirms The City’s Commitment To Furthering Fair Housing And Infrastructure Improvements; And (2) Directing The City Administrator To Return To Council With A Report And Recommendation Outlining The Timeline And Process For A Proposal To Establish An Enhanced Infrastructure Financing District Exclusively For East Oakland; And (3) Directing The City Administrator To Return To Council With A Report And Recommendation Outlining The Timeline And Process For A Proposal To Establish An Enhanced Infrastructure Financing District Exclusively For West Oakland; And (4) Directing The City Administrator To Return To Council With A Report And Recommendation Outlining The Timeline And Process For A Proposal To Establish An Enhanced Infrastructure Financing District For East And West Oakland, Combined; And (5) Directing The City Administrator To Work With Kosmont Consulting To Bring Forth These Reports And Recommendations To Be Presented To The First Finance And Management Committee Of December 2022