15-0546 2) A Resolution Authorizing Affordable Housing Development Loans To The Fruitvale Transit Village Phase II, Redwood Hill Townhomes, Camino 23, 3706 San Pablo Avenue, Coliseum Place, And Embark Apartments Affordable Housing Projects As Affordable Housing Funds Become Available In A Total Amount Not To Exceed $5,013,851 Without Returning To Council [TITLE CHANGE]; And
To allow the Fruitvale Transit Village project to build at these prices. The original $116Mil Project in Dec, 15.
This valued at $43 Mil of. That Total Project would now approach $144Mil. The cost overruns are now almost $10 Mil. I am emailing comparison with Coliseum Transit Village project approved in Same general Times thru Economic Development Committee. The vague lettering on the Agenda had this on 14. I filled speaker card #4SC15463 which would not allow me on this. Anyway, I do not want to sit in the madness that will be evident on Tues. Within 2 weeks I am going to create a website at fruitvaleunity.com, I am going to break down why I think Signature & L&M Development has abandoned the FVII Co-Development. Lack of Transparency. and show problems in Unity Council Finances based on the Rina Accounting sheets that were once available. I believe their is no fiscal responsibility being given to the Public that is the Citizens of Oakland.
To allow the Fruitvale Transit Village project to build at these prices. The original $116Mil Project in Dec, 15.
This valued at $43 Mil of. That Total Project would now approach $144Mil. The cost overruns are now almost $10 Mil. I am emailing comparison with Coliseum Transit Village project approved in Same general Times thru Economic Development Committee. The vague lettering on the Agenda had this on 14. I filled speaker card #4SC15463 which would not allow me on this. Anyway, I do not want to sit in the madness that will be evident on Tues. Within 2 weeks I am going to create a website at fruitvaleunity.com, I am going to break down why I think Signature & L&M Development has abandoned the FVII Co-Development. Lack of Transparency. and show problems in Unity Council Finances based on the Rina Accounting sheets that were once available. I believe their is no fiscal responsibility being given to the Public that is the Citizens of Oakland.