Meeting Time: September 26, 2024 at 10:30am PDT
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Agenda Item

3.23 25-0057 Subject: West Oakland Community Fund Grant Agreement Award From: Economic Workforce Development Department And Councilmember Fife Recommendation: Adopt A Resolution (1) Authorizing The Disbursement Of Up To Two Million Four Hundred Thousand Dollars ($2,400,000) From The West Oakland Community Fund (Community Fund) To Award A Grant To The Rose Foundation For Communities And The Environment (Rose Foundation) To Administer A Grant Making Program Consistent With The Intent Of The Community Fund; (2) Awarding A Grant To The Rose Foundation In An Amount Up To Two Million Four Hundred Thousand Dollars ($2,400,000) For That Purpose; And (3) Authorizing The City Administrator To Negotiate And Enter Into A Grant Agreement With The Rose Foundation For Up To An Eight-Year Term With Authority To Subsequently Extend The Term In Two Year Increments Until The Grant Funds Are Exhausted