7.22 17-0464 Subject: Settlement With MBIA Of The AMBAC Bond Insurance Case From: Office Of The City Attorney Recommendation: Adopt A Resolution Authorizing And Approving Settlement Of The City's Lawsuit Against Defendants MBIA Inc., MBIA Insurance Corporation, National Public Finance Guarantee Corporation, And Jason Kissane (Collectively, "MBIA") In The AMBAC Bond Insurance Cases For MBIA's Payment Of $50,000 - City of Oakland

Meeting: Special Concurrent Meeting of the Oakland Redevelopment Successor Agency/City Council on 2017-12-18 5:00 PM

Meeting Time: December 18, 2017 at 5:00pm PST

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Agenda Item

7.22 17-0464 Subject: Settlement With MBIA Of The AMBAC Bond Insurance Case From: Office Of The City Attorney Recommendation: Adopt A Resolution Authorizing And Approving Settlement Of The City's Lawsuit Against Defendants MBIA Inc., MBIA Insurance Corporation, National Public Finance Guarantee Corporation, And Jason Kissane (Collectively, "MBIA") In The AMBAC Bond Insurance Cases For MBIA's Payment Of $50,000

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