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Showing posts with the label oakland redevelopment agency

Who Says The Oakland Redevelopment Agency Is Broke?

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