City of Oakland - File #: 23-0169

• File #: 23-0169
• Version: 3
• Type: City Resolution
• Status: Passed
• File created: 3/8/2023
• In control: * Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council
• On agenda: 4/18/2023
• Final action: 4/18/2023
• Title: Subject: Governor’s Office Of Business And Economic Development And Local Jurisdiction Assistance Grants For Cannabis Program From: Economic And Workforce Development Department Recommendation: Adopt The Following Pieces Of Legislation: 1) A Resolution Authorizing The City Administrator To: (1) Apply For And Accept One Million Nine Hundred And Ninety-Six Thousand Four Hundred And Eighty-Seven Dollars And Fifty Cents ($1,996,487.50) In State Of California, Governor’s Office Of Business And Economic Development (Go-Biz) Equity Act Grant Funds; (2) Appropriate The Go-Biz Grant Funds By: (A) Providing Grants And/Or No-Interest Loans In An Amount Not To Exceed Two-Hundred And Fifty Thousand Dollars ($250,000) Per Grant Or Loan For Cannabis Equity Applicants And Licensees, To Be Determined And Without Return To Council, For Businesses’ Start-Up And Ongoing Costs In A Cumulative Amount Not To Exceed One-Million Seven Hundred And Ninety-Six Thousand Eight Hundred And Thirty-Eight Dollars...
• Related files: 23-0170

Date	Ver.	Action By	Action	Result
4/18/2023	3	* Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council	Adopted	Pass
4/13/2023	3	*Rules & Legislation Committee	Approved the Recommendation of Staff, and Forward
4/11/2023	3	*Special Community & Economic Development Committee	Approved the Recommendation of Staff, and Forward	Pass
3/30/2023	3	*Rules & Legislation Committee	Scheduled
3/9/2023	1	*Rules & Legislation Committee	Scheduled

Title

Subject:                      Governor’s Office Of Business And Economic Development And Local Jurisdiction Assistance Grants For Cannabis Program

From:                                          Economic And Workforce Development Department

Recommendation: Adopt The Following Pieces Of Legislation: 

1) A Resolution Authorizing The City Administrator To: (1) Apply For And Accept One Million Nine Hundred And Ninety-Six Thousand Four Hundred And Eighty-Seven Dollars And Fifty Cents ($1,996,487.50) In State Of California, Governor’s Office Of Business And Economic Development (Go-Biz) Equity Act Grant Funds; (2) Appropriate The Go-Biz Grant Funds By: (A) Providing Grants And/Or No-Interest Loans In An Amount Not To Exceed Two-Hundred And Fifty Thousand Dollars ($250,000) Per Grant Or Loan For Cannabis Equity Applicants And Licensees, To Be Determined And Without Return To Council, For Businesses’ Start-Up And Ongoing Costs In A Cumulative Amount Not To Exceed One-Million Seven Hundred And Ninety-Six Thousand Eight Hundred And Thirty-Eight Dollars And Seventy-Five Cents ($1,796,838.75); And (B) Funding Administration Of The Cannabis Equity Program In An Amount Not To Exceed One Hundred And Ninety-Nine Thousand, Six Hundred And Forty-Eight Dollars And Seventy-Five Cents ($199,648.75); And (3) Increase The Amount Of The Existing Three-Year Professional Services Agreement With 4Front Partners To Administer Cannabis Equity Grant And Loan Programs By Seventy-Eight Thousand Nine Hundred And Seventy-Nine Dollars And Seventy-Five Cents ($78,979.75); And (4) Waive The Request For Proposals/Qualifications Process For The Amended Professional Services Agreement With 4Front Partners; And