Connect with us

City Government

City Urges No Action in Tagami’s Failure to Make Payments on $12 Million Loan

Published

on

Mayor Jean Quan’s staff has recommended that no action be taken against Phil Tagami’s company, Rotunda Partners II, which is currently four months behind on its a 20-year $12 million loan with the City of Oakland to develop a parking garage, retail space, and temporary parking lot at the Rotunda building next to City Hall, according to city officials.

According to reports, Tagami’s company owes $80,000 in loan payments dating back to November, as of last week’s Community and Economic Development (CED) Committee meeting.

“Staff recommends that the (city) not exercise its rights” at this time to declare the project “in default for non-performance,” according to the Feb. 4 informational report prepared by city staff, which is ultimately responsible to the mayor,

The company should only be declared in default “if there is reasonable likelihood that such action will facilitate the development and is in the best interest of the city,” the report added.

At the CED meeting last week, Councilmember Lynette McElhaney said, “I would want to see staff put really strong timelines that are transparent and can be monitored with respect to getting people on track and to respond timely.”

Asserting that the city staff report and McElhaney’s statements are “inaccurate,” a managing partner of Rotunda Partners says the company is current on the loan and has made all its monthly payments on time.

At the same time that Tagami’s company allegedly has failed to make payments on its loan, he is being paid for multiple roles with the city as property manager, master developer, project manager, rail operator and finance broker on the Oakland Army Base development project.

Asked to speak to the Oakland Post about the Tagami’s failure to pay, Mayor Quan has remained silent. The Post has also asked the other mayoral candidates what their position is on the issue.

Not addressing the failure to pay, mayoral candidate Bryan Parker said, “As long as they’re performing, being transparent, and being inclusive, I’m for continuing with those partners.”

“We can ensure transparency by using objective metrics to measure results and making sure the contracts include strong audit provisions,” he said.

In fact, I have already started organizing meetings to ensure these goals are met, Parker said, adding, “My understanding is that the [Rotunda] loan payments are current according to confirmation from a city official.”

Mayoral candidate Dan Siegel said he is “concerned about conflicts of interest” with Tagami holding multiple roles in his partnership with the city.

“City employees and paid consultants should not also receive city grants and contracts,” said Siegel. “I think the city should demand that Tagami become current on his contractual obligations immediately. If he cannot do so, appropriate legal action should be taken.”

“The city should insist that he appear at a public meeting to answer concerns about his agreements with the city,” Siegel said.

While not answering the Post’s questions this week, candidate Libby Schaaf has said she expects transparency in the city’s financial agreements with Tagami.

“I always believe the public is entitled to detailed information about how the city is spending public money,” she said.

Candidate Joe Tuman did not respond to the Post’s questions.

In a letter sent to The Post Thursday, on deadline, Mark Moss, a managing member at Rotunda Partners, said, “Rotunda Partners has made each payment on time.”

“The article repeated a councilmember’s allegation that the company is currently technically in default. Wrong – Rotunda Partners has made each payment on time and of course, is NOT in default,” Moss said, who did not explain why the company did not send a representative to speak at last week’s CED meeting where the default was discussed as part of the public agenda.

Disputing the public statements by another city councilmember who called for transparency in the city’s agreement s with Rotunda Partners, Moss said, “All Rotunda documents are public and available.”

“The city’s loan/equity partnership with Rotunda Partners is actually one of the best real estate deals the city has ever made,” he said in letter.

 

 

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Activism

City of Oakland Celebrates Reopening of Main Library

“Libraries are such critical facilities for all Oaklanders, whether it’s children coming to story-time, adults reading the newspapers or borrowing the latest novels, and people engaging with a range of services and programs that the library hosts,” said Council President and District 2 Councilmember Nikki Fortunato Bas. “Such library services and programs are only possible when the facility’s electricity, heating, roof, and lighting are fixed and running efficiently. I’m proud to join this re-opening of our Main Public Library.” 

Published

on

Left to Right- Jamie Turbak, Director of Library Services, LaTonda Simmons, Assistant City Administrator, Nikki Bas, President Oakland City Council, Shen Thao, Mayor of Oakland, Carroll Fife, Oakland City Councilmember District 3, Harold Duffey, Assistant City Administrator, Sean Maher, Projects Coordinator. Photo by Kevin Hicks.
Left to Right- Jamie Turbak, Director of Library Services, LaTonda Simmons, Assistant City Administrator, Nikki Bas, President Oakland City Council, Shen Thao, Mayor of Oakland, Carroll Fife, Oakland City Councilmember District 3, Harold Duffey, Assistant City Administrator, Sean Maher, Projects Coordinator. Photo by Kevin Hicks.

The branch had been closed since May for critical infrastructure upgrades

Special to the Post

The City of Oakland leadership and community partners gathered to celebrate the reopening of the Main Library after completion of critical infrastructure upgrades to enhance the library’s facilities and provide a better experience for patrons.

Renovations include new roof installation, skylight repair, critical electrical system upgrades, new boiler control system installation, auditorium heating and cooling system installation, and improvements to lighting, flooring and ceilings throughout the building.

“This is truly something to celebrate, the reopening of our wonderful Main Library! I congratulate the staff and our partners for this important project to make the Main Library a more comfortable place for everyone for years to come, said Oakland Mayor Sheng Thao. “Thank you to Oakland voters and the California State Library for making these crucial improvements possible.”

“Libraries are such critical facilities for all Oaklanders, whether it’s children coming to story-time, adults reading the newspapers or borrowing the latest novels, and people engaging with a range of services and programs that the library hosts,” said Council President and District 2 Councilmember Nikki Fortunato Bas. “Such library services and programs are only possible when the facility’s electricity, heating, roof, and lighting are fixed and running efficiently. I’m proud to join this re-opening of our Main Public Library.”

“Public libraries are a wonderful resource for our residents, offering a safe space for learning and being,” said District 3 Councilmember Carroll Fife. “It is critical to improve and modernize our libraries so more members of our community can utilize and enjoy them. I’m excited that the necessary renovations to the Main Library have been completed successfully and thank everyone involved, particularly the City team, who helped secured the necessary grant funds for this work.”

“I am proud of the City staff and project partners who kept this important project on schedule and under budget,” said Assistant City Administrator G. Harold Duffey. “The library is an incredibly important resource for our community members, and this project is an investment into the library’s future.”

“December 2nd was a momentous occasion for Oakland Public Library as we proudly reopened the doors of the Main Library following extensive infrastructure repairs,” said Director of Library Services Jamie Turbak. “Closing the Main Library for six months was no easy decision, as it serves as the central hub for our library system and is truly the heart of Oakland. Yet, this renovation was essential, representing more than just physical upgrades—it reflects our ongoing commitment to creating a safe, welcoming space for everyone.”

The City Administrator Jestin Johnson also attended the press conference and signalled his support for the completion of the record-setting completion of the renovations. Gay Plair Cobb, a newly appointed Library Commissioner said the Library represents the soul and brains of our community.

The Oakland Public Library secured funding for these crititcal repairs through a variety of sources. The California State Library’s Building Forward Library Facilities Improvement Program awarded the Main Branch $4.2 million. To comply with the grant terms, the City of Oakland provided matching funds through Measures KK, as approved by the Oakland City Council in October 2023.

The Main Library will host an Open House to celebrate the reopening on February 22, 2025, 10 a.m. – 5:00 p.m.

About the Oakland Public Library

The Oakland Public Library is a part of the City of Oakland in California and has been in existence since 1878. Locations include 16 neighborhood branches, a Main Library, a Second Start Adult Literacy Program, the Oakland Tool Lending Library, and the African American Museum and Library at Oakland (AAMLO). The Oakland Public Library empowers all people to explore, connect, and grow. Oaklandlibrary.org

Continue Reading

Activism

BWOPA Honors Black Leadership and Legacy at 2024 Ella Hill Hutch Awards Dinner

On Dec. 5, BWOPA held its Annual Ella Hill Hutch Awards Ceremony, at the Fairmont Claremont Hotel in the Oakland/Berkeley Hills. At the event, the group comprised of Black women from various professional backgrounds, honored distinguished local and state leaders whose contributions have shaped civic engagement and advanced critical social issues impacting Black communities.

Published

on

L-R: BWOPA State Executive Director LaNiece Jones; State Asm. Mia Bonta; BWOPA 2024 Man of The Year/Urban League SFBA CEO Ken Maxey; BWOPA State President Hon. Dezie Woods-Jones; State Senator Lola Smallwood-Cuevas; Rowena Brown, Oakland Councilmember At-Large, Elect; BWOPA State Regional Director Vashone Huff. Courtesy photo.
L-R: BWOPA State Executive Director LaNiece Jones; State Asm. Mia Bonta; BWOPA 2024 Man of The Year/Urban League SFBA CEO Ken Maxey; BWOPA State President Hon. Dezie Woods-Jones; State Senator Lola Smallwood-Cuevas; Rowena Brown, Oakland Councilmember At-Large, Elect; BWOPA State Regional Director Vashone Huff. Courtesy photo.

By Oakland Post Staff

Black Women Organized for Political Action (BWOPA) is a statewide non-profit advocacy and membership organization committed to solving problems affecting Black Californians.

On Dec. 5, BWOPA held its Annual Ella Hill Hutch Awards Ceremony, at the Fairmont Claremont Hotel in the Oakland/Berkeley Hills.

At the event, the group comprised of Black women from various professional backgrounds, honored distinguished local and state leaders whose contributions have shaped civic engagement and advanced critical social issues impacting Black communities.

The evening was hosted by Dr. Shawna Charles, founder of The Charles Communications Group (CCG) headquartered in Los Angeles. Charles served as mistress of ceremonies.

With a track record of elevating voices and empowering communities, Charles’ leadership and insight brought a certain dynamism to the celebration.

“Each year, this event not only celebrates the enduring legacy of our beloved BWOPA founding member, Ella Hill Hutch, but also reaffirms and amplifies our unwavering commitment to building and sustaining Black political power across California,” said Dezie Woods-Jones, BWOPA founding member and State president.

“Ella Hill Hutch’s trailblazing leadership continues to inspire us as we forge ahead, empowering Black women to lead, advocate, and shape a more equitable future for all,” added Woods-Jones.

This year’s event introduced the DWJ Rising Star Award, honoring young leaders like Solano County Board Supervisors-elect Cassandra JamesDanielle Motley-LewisNaomi Waters and newly elected State Assemblymember elect Rhodesia Ransom (D-Stockton).

According to organizers, the awardees all exemplify “the next generation of changemakers.”

Other awardees included:

  • Lifetime Achievement Awardees: Congresswoman Barbara Lee (D-CA-12) and Alameda County Supervisor Keith Carson
  • Man of the Year: Kenneth Maxey, CEO of the Greater SF Bay Area Urban League
  • President’s Corporate Award: Yvette Radford, Kaiser Permanente
  • In the Spirit of Ella State and Chapter Awards:  Dr. Carolyn Greene, Dr. Marcella K. Smith, Dr. Carolyn Drake, Tinisch Hollins, Jackie Jones, Gloria Burgess Johnson, Tamika L’Ecluse, Ellen Nash, Betty Reid Soskin, and Ay’Anna Moody.

BWOPA also celebrated local champions across its chapters, including leaders in voter education, healthcare, criminal justice reform, and community advocacy.

In a statement, BWOPA said, “Honoring Ella Hill Hutch’s legacy, BWOPA recognizes her pioneering efforts as the first Black woman elected to the San Francisco Board of Supervisors. Her tireless work amplifying underrepresented voices continues to inspire BWOPA’s mission to build Black political power across California.”

“We extend our heartfelt thanks to our members, partners and allies who believe in BWOPA’s vision to invest in building power for Black women’s leadership,” said LaNiece Jones, BWOPA State executive director. “Your support ensures that Black women have a voice at decision-making tables locally, regionally, statewide, and nationally, advancing diversity and equity in leadership spaces.”

Continue Reading

Activism

Oakland Post: Week of December 11 – 17, 2024

The printed Weekly Edition of the Oakland Post: Week of December 11 – 17, 2024

Published

on

To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.

Continue Reading

Subscribe to receive news and updates from the Oakland Post

* indicates required

CHECK OUT THE LATEST ISSUE OF THE OAKLAND POST

ADVERTISEMENT

WORK FROM HOME

Home-based business with potential monthly income of $10K+ per month. A proven training system and website provided to maximize business effectiveness. Perfect job to earn side and primary income. Contact Lynne for more details: Lynne4npusa@gmail.com 800-334-0540

Facebook

Congressman Bennie Thompson, D-Miss. Courtesy photo.
Activism11 hours ago

‘Donald Trump Is Not a God:’ Rep. Bennie Thompson Blasts Trump’s Call to Jail Him

Left to Right- Jamie Turbak, Director of Library Services, LaTonda Simmons, Assistant City Administrator, Nikki Bas, President Oakland City Council, Shen Thao, Mayor of Oakland, Carroll Fife, Oakland City Councilmember District 3, Harold Duffey, Assistant City Administrator, Sean Maher, Projects Coordinator. Photo by Kevin Hicks.
Activism11 hours ago

City of Oakland Celebrates Reopening of Main Library

iStockphoto.
Activism12 hours ago

Biden’s Legacy Secured with Record-Setting Black Judicial Appointments

UC Berkeley Law Students help a clinic visitor with legal advice at their Tuesday night services. The Clinic offers a variety of resources, including medical, to those in the community who have little access to these services. Photo by Magaly Muñoz
Activism13 hours ago

A Student-Run Group Provides Critical Support Services to Underserved Residents

Photo Courtesy Of Promise Marks.
Arts and Culture13 hours ago

Promise Marks Performs Songs of Etta James in One-Woman Show, “A Sunday Kind of Love” at the Black Repertory Theater in Berkeley

L-R: BWOPA State Executive Director LaNiece Jones; State Asm. Mia Bonta; BWOPA 2024 Man of The Year/Urban League SFBA CEO Ken Maxey; BWOPA State President Hon. Dezie Woods-Jones; State Senator Lola Smallwood-Cuevas; Rowena Brown, Oakland Councilmember At-Large, Elect; BWOPA State Regional Director Vashone Huff. Courtesy photo.
Activism13 hours ago

BWOPA Honors Black Leadership and Legacy at 2024 Ella Hill Hutch Awards Dinner

Shirley N. Weber, Ph.D., California Secretary of State. Courtesy of California Secretary of State Office.
Commentary13 hours ago

California Respects the Power of Your Vote

#NNPA BlackPress2 days ago

California, Districts Try to Recruit and Retain Black Teachers; Advocates Say More Should Be Done

#NNPA BlackPress2 days ago

Christmas Travel: When is the Best Time to Take Your Trip

#NNPA BlackPress2 days ago

PRESS ROOM: Trace and ARDN Join Forces to Promote the United Nations Sustainable Development Goals

#NNPA BlackPress2 days ago

Recognizing and Valuing Home-Based Child Care

#NNPA BlackPress2 days ago

OP-ED: The Case for a Presidential Pardon for Marilyn Mosby

Activism5 days ago

Oakland Post: Week of December 11 – 17, 2024

#NNPA BlackPress5 days ago

PRESS ROOM: Clyburn Statement on President Biden Providing Clemency and Pardons for Individuals Convicted of Non-Violent Crimes

#NNPA BlackPress5 days ago

Former Maryland Gov. Martin O’Malley Pledges Inclusive Leadership If He’s Elected DNC Chair

Trending

Copyright ©2021 Post News Group, Inc. All Rights Reserved.