7.6 16-1091 Subject: AMBAC Bond Insurance Cases From: Office Of The City Attorney Recommendation: Adopt A Resolution Approving Partial Settlement Of The AMBAC Bond Insurance Cases, Authorizing Acceptance Of Payment From AMBAC Of $754,888.44 In Exchange For Dismissal By The City - City of Oakland

Meeting: Special Concurrent Meeting of the Oakland Redevelopment Successor Agency/City Council on 2017-05-16 5:00 PM

Meeting Time: May 16, 2017 at 5:00pm PDT

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Agenda Item

7.6 16-1091 Subject: AMBAC Bond Insurance Cases From: Office Of The City Attorney Recommendation: Adopt A Resolution Approving Partial Settlement Of The AMBAC Bond Insurance Cases, Authorizing Acceptance Of Payment From AMBAC Of $754,888.44 In Exchange For Dismissal By The City