4.3 20-0125 Subject: Mark Twain Homes Amended And Restated Predevelopment Loan Agreement From: Housing And Community Development Recommendation: Adopt A Resolution Authorizing The City Administrator Or Designee To Amend And Restate An Unsecured Predevelopment Loan Agreement With Oakland And The World Enterprises, Inc., To Increase The Total Loan Amount From $50,000 To $350,000 Using Affordable Housing Trust Funds (Fund 1870) For Predevelopment Activities Associated With The Affordable Housing Project Located At 3525 Lyon Street, To Be Known As The Mark Twain Homes; And Making California Environmental Quality Act (CEQA) Findings For This Action; On The February 18, 2020 City Council Agenda - City of Oakland

Meeting: *Rules & Legislation Committee on 2020-01-30 10:45 AM

Meeting Time: January 30, 2020 at 10:45am PST

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Agenda Item

4.3 20-0125 Subject: Mark Twain Homes Amended And Restated Predevelopment Loan Agreement From: Housing And Community Development Recommendation: Adopt A Resolution Authorizing The City Administrator Or Designee To Amend And Restate An Unsecured Predevelopment Loan Agreement With Oakland And The World Enterprises, Inc., To Increase The Total Loan Amount From $50,000 To $350,000 Using Affordable Housing Trust Funds (Fund 1870) For Predevelopment Activities Associated With The Affordable Housing Project Located At 3525 Lyon Street, To Be Known As The Mark Twain Homes; And Making California Environmental Quality Act (CEQA) Findings For This Action; On The February 18, 2020 City Council Agenda