City Government

Tagami in Default on $12 Million City Loan

Published

12 years ago

February 13, 2014

Councilmembers are raising concerns that Phil Tagami’s company Rotunda Partners II has not begun making payments on 20-year, $12 million loan from the city to develop a parking garage, retail space, and temporary parking lot next to the Rotunda building across from Oakland City Hall.

The city has yet to receive the $20,000 a month payments on the loan, which were scheduled to start in November. City staff is also checking whether the project is technically in compliance with the contract.

Speaking at Tuesday’s Community and Economic Development (CED) meeting, Councilmember Lynette McElhaney called for city staff to enforce penalties on Tagami’s company, which has not yet been sent a notice of default for nonpayment.

&amp;amp;amp;amp;lt; p>The informational report presented at the CED meeting said the company is currently technically in default, said McElhaney.

“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,” she said. “ I would also like to see some level of penalty for failure to perform.”

At least one community member is continuing to question whether the original agreement with Tagami’s company was a fair deal for the city.

“This is fraud, this is a gift of public land,” said Oakland resident Gene Hazzard, speaking at Tuesday’s meeting.

Neither Tagami nor a representative of his company came to the meeting to explain why the payments on the loan have not been made.

Councilmembers also raised questions about the city’s deal with Tagami.

“We let that [Rotunda] property go for $297, essentially nothing. What did the city get in exchange?” Asked Councilmember Pat Kernighan. “I think that really is the question. Was that a fair deal or was that not a fair deal: that’s for us the city as a whole to answer. Why was that a good thing to do?”

“My understanding is because we want to stimulate economic development that would not have occurred otherwise,” she added.

Referring to questions raised by Hazzard, Councilmember Desley Brooks said documents related to the Rotunda agreement should be made public.

“If you were concerned about whether or not an evaluation was done and truly whether or not there was a gift of public funds, then we should pull forth those documents,” she said.

“It is disconcerting that it took a resident of the city to raise issues that should have come from somebody in administration, that it took over a year to have these concerns responded to,” Brooks added

“We need to look at our policies and procedures and make sure that when we enforce, we do that on an equal basis because when we don’t, it causes problems with the public’s trust,” she said.

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Oakland Post: Week of February 18 – 24, 2026

The printed Weekly Edition of the Oakland Post: Week of – February 18 – 24, 2026

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1 week ago

February 20, 2026

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CITY OF SAN LEANDRO STATE OF CALIFORNIA PUBLIC WORKS DEPARTMENT ENGINEERING DIVISION NOTICE TO BIDDERS FOR ANNUAL STREET OVERLAY/REHABILITATION 2019-21 – PHASE III

WORK DESCRIPTION: The work to be done consists of roadway paving, base cement stabilization, concrete curb ramps, driveways, sidewalks, curbs and gutters, traffic detection loops and pavement striping, and doing all appurtenant work in place and ready for use, all as shown on the plans and described in the specifications with the title indicated in Paragraph 1 above, and on file in the office of the City Engineer. Reference to said plans and specifications is hereby made for further particulars.

Published

1 week ago

February 20, 2026

Oakland Post

PROJECT NO. 2020.0050

BID NO. 25-26.011

BID OPENING: The bidder shall complete the “Proposal to the City of San Leandro” form contained in the Contract Book. The proposal shall be submitted in its entirety. Incomplete proposals will be considered non-responsive. Sealed bids containing the completed Proposal Section subject to the conditions named herein and in the specifications for ANNUAL STREET OVERLAY/REHABILITATION 2019-21 – PHASE III/PROJECT NO. 2020.0050 addressed to the City of San Leandro will be received at City Hall, 835 East 14^th Street, 2^nd Floor San Leandro at the office of the City Clerk up to 3:00 p.m. on Thursday, March 19, 2026, at which time they will be publicly opened and read.
WORK DESCRIPTION: The work to be done consists of roadway paving, base cement stabilization, concrete curb ramps, driveways, sidewalks, curbs and gutters, traffic detection loops and pavement striping, and doing all appurtenant work in place and ready for use, all as shown on the plans and described in the specifications with the title indicated in Paragraph 1 above, and on file in the office of the City Engineer. Reference to said plans and specifications is hereby made for further particulars.
OBTAINING THE PROJECT PLANS AND CONTRACT BOOK: The project plans and Contract Book may be obtained free of charge from the City’s website at:https://www.sanleandro.org/Bids.aspx Bidders who download the plans are encouraged to contact the City of San Leandro Public Works Department Engineering division at 510-577-3428 to be placed on the project planholder’s list to receive courtesy notifications of addenda and other project information. Project addenda, if any, will be posted on the website. A bidder who fails to address all project addenda in its proposal may be deemed non-responsive.Bidders may also purchase the Project Plans and Contract Book from East Bay Blueprint & Supply Co., at 1745 14^th Street, Oakland, CA 94606; Phone Number: (510) 261-2990 or email: ebbp@eastbayblueprint.com.
PRE-BID CONFERENCE: A mandatory pre-bid conference will be held on Tuesday, February 24, 2026, at 2:00 PM and on Wednesday, February 25, 2026, at 10:00 AM as follows:
Tuesday, February 24, 2026, at 2:00 PM
Zoom Meeting ID: 883 8752 6074
Passcode: 502955
Zoom Link: https://sanleandro-org.zoom.us/j/88387526074?pwd=hZ5rjB8AWdLAUem3CtByFiZxqKarHj.1
And
Wednesday, February 25, 2026, at 10:00 AM
Zoom Meeting ID: 898 2672 0472
Passcode: 091848
Zoom Link: https://sanleandro-org.zoom.us/j/89826720472?pwd=JgZX2nXMpLSRM5xDPr7EJUxl7QIznr.1The information presented at the conferences will be identical, all bidders must attend one of the pre-bid conference and sign the attendance sheet. A firm that didn’t attend the pre-bid conference isn’t qualified to bid on the project.Questions regarding the plans and specifications may be submitted in writing to the project engineer until 5:00 p.m. five (5) days before, excluding Saturdays, Sundays and Holidays, bids must be received by the City. The City will not respond to oral questions outside of the pre-bid conference. The response, if any, will be by written addendum only. Oral responses do not constitute a revision to these plans or specifications.
VALUE OF WORK: The Engineer has estimated that the value of work is between $1,000,000 and $5,000,000.
SAN LEANDRO BUSINESS PREFERENCE AND PARTICIPATION GOALS: The work performed under this contract is subject to Section 1-6-225 of the San Leandro Municipal Code regarding local business preference and participation. A list of companies that hold a San Leandro business license is located on the City webpage under the finance department, here: https://www.sanleandro.org/340/Business-License
SAN LEANDRO COMMUNITY WORKFORCE AGREEMENT: The work performed under this contract is subject to the Community Workforce Agreement adopted by City Council Resolution 2015-104. Contractors attention is directed to Section 10.