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

City Resolution Passed Introduced September 6, 2024

What this record is

Amount: $2.40M
Runs until: September 6, 2032 6 years away calculated from the contract term stated in the record
Type: award

Read automatically from the title of the official record. The source document below is authoritative.

Committee: * Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council
Requested by: Economic & Workforce Development Department
Introduced: September 6, 2024
On agenda: October 1, 2024
Passed: October 1, 2024
Enacted: October 1, 2024
Enactment no.: 90445 C.M.S