4.5 15-1021 Subject: Foothill Seminary Point Construction Gap Loan & Line Of Credit From: Economic & Workforce Development Department Recommendation: Adopt A Resolution Authorizing A $2,000,000 Loan And A $1,500,000 Line Of Credit To Sunfield Development LLC, Seminary Point LLC, And/Or COCRF Seminary Point, LLC, Or Affiliated Entities, To Be Used For Development Of The Foothill Seminary Point Neighborhood Commercial Retail Center Project; On The May 24, 2016 Community & Economic Development Committee Agenda And As A Public Hearing On June 7, 2016 - City of Oakland

Meeting: *Rules & Legislation Committee on 2016-05-12 10:45 AM

Meeting Time: May 12, 2016 at 10:45am PDT

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Agenda Item

4.5 15-1021 Subject: Foothill Seminary Point Construction Gap Loan & Line Of Credit From: Economic & Workforce Development Department Recommendation: Adopt A Resolution Authorizing A $2,000,000 Loan And A $1,500,000 Line Of Credit To Sunfield Development LLC, Seminary Point LLC, And/Or COCRF Seminary Point, LLC, Or Affiliated Entities, To Be Used For Development Of The Foothill Seminary Point Neighborhood Commercial Retail Center Project; On The May 24, 2016 Community & Economic Development Committee Agenda And As A Public Hearing On June 7, 2016