*Concurrent Meeting of the Oakland Redevelopment Agency Joint Powers Financing Authority And Finance and Management Committee

Agenda

1. FROM THE FEBRUARY 24, 2009 AGENDA
2. 4 Subject: Central District Redevelopment Project Bonds From: Finance and Management Agency Recommendation: Adopt The Following Pieces Of Legislation: 1) A Resolution Of The City Council Of The City Of Oakland Approving Issuance By The Redevelopment Agency Of The City Of Oakland Of Not To Exceed $60,000,000 Aggregate Principal Amount Of Redevelopment Agency Of The City Of Oakland Central District Redevelopment Project Subordinated Tax Allocation Bonds, Series 2009T (Federally Taxable), And Providing Other Matters Properly Relating Thereto;
   City Resolution
   Action: Approved the Recommendation of Staff, and Forward Passed

   A motion was made by Member Nadel, seconded by Chair De La Fuente, that this matter be Approve the Recommendation of Staff, and Forward to the Meeting of the Oakland City Council, due back on February 17, 2009 as a Non-Consent item. The motion carried by the following vote:

3. #1 Subject: Solar Power Financing Program From: Council President Brunner Recommendation: Adopt A Resolution And Implementation Plan To Create An “Oakland First” Solar Power Financing Program; On The February 24, 2009 Finance And Management Committee Agenda
   City Resolution
   Action: Withdrawn with No New Date
4. FROM FOR TRACKING PURPOSES
5. #3 Subject: Performance Measurement Process From: Office of the City Administrator Recommendation: Action On A Report On The Current Status and Recommended Improvements To The Citywide Performance Measurement Process
   Informational Report
   Action: Scheduled
6. Roll Call / Call to Order
7. COMMITTEE MEMBERSHIP:
8. 1 Approval of the Draft Minutes from the Committee Meeting held on January 27, 2009.
   Action: Approve the Minutes Passed

   A motion was made by Member Kernighan, seconded by Member Nadel, to Approve the Minutes. The motion carried by the following vote:

9. 2 Determination of Schedule of Outstanding Committee Items
   Action: Approve with the following amendments Passed

   A motion was made by Member Nadel, seconded by Member Kernighan, to Approve with the following amendments. The motion carried by the following vote:

10. FMC021009 Untitled item
    City Resolution
11. 3 Subject: Outside Contract Analysis From: Councilmember Jane Brunner Recommendation: Receive An Informational Report On An Analysis Of All Outside Service Contracts, Including The Cost Of The Contract, The Expiration Date, What Services Are Delivered And An Analysis Of Whether Work Could Be Performed By City Employees
    Informational Report
    Action: Received and Filed Passed

    A motion was made by Member Nadel, seconded by Chair De La Fuente, that this matter be Received and Filed. The motion carried by the following vote:

12. 4 Subject: Central District Redevelopment Project Bonds From: Finance and Management Agency Recommendation: Adopt The Following Pieces Of Legislation: 1) A Resolution Of The City Council Of The City Of Oakland Approving Issuance By The Redevelopment Agency Of The City Of Oakland Of Not To Exceed $60,000,000 Aggregate Principal Amount Of Redevelopment Agency Of The City Of Oakland Central District Redevelopment Project Subordinated Tax Allocation Bonds, Series 2009T (Federally Taxable), And Providing Other Matters Properly Relating Thereto;
    City Resolution
13. 09-0042-1 2) An Agency Resolution Of The Redevelopment Agency Of The City Of Oakland Authorizing The Issuance And Prescribing The Terms, Conditions And Form Of Not To Exceed $60,000,000 Principal Amount Of The Redevelopment Agency Of The City Of Oakland Central District Redevelopment Project Subordinated Tax Allocation Bonds, Series 2009T (Federally Taxable), Approving The Form Of And Authorizing The Execution And Delivery Of A Third Supplemental Indenture Of Trust And A Bond Purchase Contract; Approving The Form Of And Authorizing The Distribution Of A Preliminary Official Statement And Authorizing Execution And Delivery Of An Official Statement; Approving The Purchase And Cancellation Of A Portion Of The Series 2005 Bonds; Approving The Selection And Retention Of A Financial Advisor And Underwriter; Authorizing Payment Of Costs Of Issuance; Allocating Bond Proceeds To Finance Redevelopment Activities In The Redevelopment Project Area; And Authorizing And Approving Necessary Actions In Connection Therewith; And
    City Resolution
    Action: Approved the Recommendation of Staff, and Forward Passed

    A motion was made by Member Nadel, seconded by Chair De La Fuente, that this matter be Approve the Recommendation of Staff, and Forward to the Concurrent Meeting of the Oakland Redevelopment Agency / City Council, due back on February 17, 2009 as a Non-Consent item. The motion carried by the following vote:

14. 09-0042-2 3) A Resolution Of The Oakland Joint Powers Financing Authority Authorizing The Purchase And Sale Of Not To Exceed $60,000,000 Principal Amount Of Redevelopment Agency Of The City Of Oakland Central District Redevelopment Project Subordinated Tax Allocation Bonds, Series 2009T (Federally Taxable), Upon Certain Terms And Conditions, Approving Distribution Of Official Statement Relating Thereto, And Providing Other Matters Properly Relating Thereto
    City Resolution
    Action: Approved the Recommendation of Staff, and Forward Passed

    A motion was made by Member Nadel, seconded by Chair De La Fuente, that this matter be Approve the Recommendation of Staff, and Forward to the Concurrent Meeting of the Oakland Redevelopment Agency / City Council, due back on February 17, 2009 as a Non-Consent item. The motion carried by the following vote:

15. 5 Subject: Council Approval Of Compensation From: City Council Recommendation: Adopt An Ordinance (1) Amending The Salary Ordinance To Provide That The City Council Must Approve Terms And Compensation In Hiring Agreements For Department And Agency Heads Other Than (a) Initial Salary Up To The Midpoint Of The Salary Range, (b) Severance Pay Authorized By Ordinance No. 12187 C.M.S., (c) Executive Leave And Bonus Vacation Authorized By Ordinance No. 12903 C.M.S., With Certain Amendments, And (d) Terms And Conditions Provided In The Memoranda Of Understanding Between The City And Its Recognized Miscellaneous Employee Organizations And (2) Supplementing And Amending Ordinance Nos. 12187 C.M.S. And 12903 C.M.S. (TITLE CHANGE)
    Ordinance
    Action: Approved the Recommendation of Staff, and Forward Passed

    A motion was made by Chair De La Fuente, seconded by Member Nadel, that this matter be Approve the Recommendation of Staff, and Forward to the Concurrent Meeting of the Oakland Redevelopment Agency / City Council, due back on February 17, 2009 as a Non-Consent item. The motion carried by the following vote:

16. Open Forum (TOTAL TIME AVAILABLE: 15 MINUTES)
17. Adjournment
18. In the event of a quorum of the City Council participates on this Committee, the meeting is noticed as a Special Meeting of the City Council; however no final City Council action can be taken.
19. NOTE: Americans With Disabilities Act If you need special assistance to participate in Oakland City Council and Committee meetings please contact the Office of the City Clerk. When possible, please notify the City Clerk 48 hours prior to the meeting so we can make reasonable arrangements to ensure accessibility. Also, in compliance with Oakland's policy for people with environmental illness or multiple chemical sensitivities, please refrain from wearing strongly scented products to meetings. Office of the City Clerk - Agenda Management Unit Phone: (510) 238-6406 Fax: (510) 238-6699 Recorded Agenda: (510) 238-2386 Telecommunications Display Device: (510) 238-3254
    City Resolution
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