With actions like this $7 million purchase proposal that was on the Council agenda Tuesday night, the Oakland Redevelopment Agency clearly has some fiscal life in it:
The February 26, 2009 Finance and Management Committee approved
recommendations; 4 Ayes
S-10.13-C
C
Subject: Real Property Purchase - 905 66th Avenue
From: Community and Economic Development Agency
Recommendation: Adopt An Agency Resolution Authorizing The Purchase Of Real
Property At 905 66th Avenue, From The Alameda-Contra Costa Transit District For
$7,747,102 Less the Cost Of Any Environmental Site Remediation And Authorizing Up
To $12,000 For Real Estate Closing Costs, $60,000 For Property Inspection Costs And
$1,000,000 For Demolition Costs
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