S7.24 18-0280 Subject: SRO Purchase - 641 West Grand Avenue From: Housing And Community Development Department Recommendation: Adopt An Ordinance Authorizing The Purchase Of A 70 Unit Single Room Occupancy Residential Hotel Located At 641 West Grand Avenue For $7,000,000 For Use As Transitional Housing, Allocating An Additional Amount Not To Exceed $20,000 For Associated Closing Costs And Fees, And Making CEQA Findings - City of Oakland

Meeting: Concurrent Meeting of the Oakland Redevelopment Successor Agency/City Council/Joint Powers Financing Authority on 2018-04-17 5:30 PM

Meeting Time: April 17, 2018 at 5:30pm PDT

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Agenda Item

S7.24 18-0280 Subject: SRO Purchase - 641 West Grand Avenue From: Housing And Community Development Department Recommendation: Adopt An Ordinance Authorizing The Purchase Of A 70 Unit Single Room Occupancy Residential Hotel Located At 641 West Grand Avenue For $7,000,000 For Use As Transitional Housing, Allocating An Additional Amount Not To Exceed $20,000 For Associated Closing Costs And Fees, And Making CEQA Findings

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