Friends of the Public Bank of Oakland


September 11, 2017 @ 5:30 pm – 7:00 pm
Omni Commons
4799 Shattuck Ave
Oakland, CA 94609


Reportbacks (15 min)

  • Freedom Farmers’ Market
  • First Friday
  • Les Leopold training
  • Other? Alameda County?

Repeating items: (15 min)

  • Treasurer’s report
  • introductions of new attendees
  • overview of public banking for new attendees
  • set next meeting time and place (two weeks is the Sparkassen event). Includes reportback on library venue possibilities.

Upcoming City Council Meetings: (25 min.)

  • Berkeley, 9/12, 6:00 p.m. If more than three people speak on our behalf, we go off the consent calendar.
  • Richmond, 9/12, 6:30 p.m.
  • Oakland, 9/19, 5:30 p.m.

Sparkassen event planning (15 min.)

Up-to-Date Situation

Berkeley City Council Meeting

The City of Berkeley, to our great satisfaction, may be on track to fund the $25,000 that the City of Oakland asked us to find “somewhere else” before they voted funding for our feasibility study, which is the first step towards the bank. Berkeley’s City Council vote will take place on Tuesday, September 12, at the 6:00 p.m. meeting at Berkeley City Hall, 2134 Martin Luther King Jr. Way (about two blocks from BART). Please come and support the bank. Wear your Friends of the Public Bank t-shirt.

Oakland City Council Meeting

At the September 19 Oakland City Council meeting, the councilmembers will vote on whether to fund $75,000 of the $100,000 we need to do our feasibility study. The meeting starts at 5:30 at Oakland City Hall, 14th and Broadway. Please plan on coming to support us, sporting your green Friends of the Public Bank t-shirt.

Public Banking Funds Sustainable Energy

On September 25 at 7:00 p.m. in Oakland’s City Council Chambers, 14th and Broadway, Councilmembers Dan Kalb and Rebecca Kaplan are sponsoring a great event, organized by us and Local Clean Energy Alliance.

Wolfram Morales, Chief Economist for Sparkasse, the association of local public banks in Germany, will explain the role of these institutions in speeding the development of local renewable resources such as solar and wind, at this panel discussion in City Hall.

Joining Wolfram will be: Nicolas Chaset, CEO of East Bay Community Energy (Alameda County’s soon-to-launch Community Choice energy program), Greg Rosen, Founder and Principal of High Noon Advisors (member of the East Bay Community Shared Solar Collaborative), and Jessica Tovar, Organizer for East Bay Clean Power Alliance. Pennie Opal Plant of Idle No More SF Bay, will lead an opening ceremony.


How We Got Here

On Thursday, June 29, in a very contentious and controversial vote, the Oakland City Council passed a new two-year budget. Thanks to a last-minute set of amendments from Councilmember Dan Kalb, $75,000 for the public bank feasibility study is in that budget.

The Council has asked that other groups fund the remaining $25,000.  In order to gain a Council majority to proceed with the study at the upcoming 9/19 meeting, we are asking for Friends to commit to donate to this cause.  If you are willing to donate any amount, please donate here or email us and act quickly if you can. Thank you for your support!


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