4.17 14-0503 Subject: Report Regarding $12 Million Dollar Loan To Rotunda Partners From: Member Of The Public Recommendation: Receive An Informational Report Regarding The $12 Million Dollar Loan Provided To Rotunda Partners I/II (AKA: Phil Tagami) On The Rotunda Building In 1998/1999 Where The First 15 Years Was A No Interest Loan Of 3% Which Deprived The City Of Nearly $6.5 Million Dollars. This Information Has Been Verified By City Staff Person Patrick Lane; On The Community & Economic Development Committee Agenda - City of Oakland

Meeting: *Rules & Legislation Committee on 2015-02-19 10:45 AM

Meeting Time: February 19, 2015 at 10:45am PST

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Agenda Item

4.17 14-0503 Subject: Report Regarding $12 Million Dollar Loan To Rotunda Partners From: Member Of The Public Recommendation: Receive An Informational Report Regarding The $12 Million Dollar Loan Provided To Rotunda Partners I/II (AKA: Phil Tagami) On The Rotunda Building In 1998/1999 Where The First 15 Years Was A No Interest Loan Of 3% Which Deprived The City Of Nearly $6.5 Million Dollars. This Information Has Been Verified By City Staff Person Patrick Lane; On The Community & Economic Development Committee Agenda