Public Bank of Oakland: Rally & Vote at the City Council

The Friends of the Public Bank of Oakland will be out in full force at the council meeting next Tuesday. Please find us in our bright green shirts to receive signs. We will also have t-shirts available for sale. If this is your first time participating in something like this, please find us and we will help you get oriented.

Attend our outreach event before the council meeting.

Time: 4:30PM

The Friends of the Public Bank of Oakland is organizing a political action an hour before the full council meeting. We will be making money grow on the Coastal Live Oak in the Plaza by taping paper bills onto the leaves to symbolize the revenue the city of Oakland can earn for our community if it creates a public bank. Please join us and support the movement!

The regular Council meeting will begin sometime after the Special Council Meeting on establishing a Department of Violence Prevention, which begins at 5:00 PM.

Item S13

Subject: Feasibility And Economic Impact Of Establishing A Public Bank

From: Finance Department

Recommendation: Adopt A Resolution (1) Amending The City Of Oakland’s Fiscal Year (FY) 2016-17 Midcycle Budget (Which Was Adopted Pursuant To Resolution No. 86250 C.M.S. On June 21,2016) To

(1) Appropriate One Hundred Thousand Dollars ($100,000), From The Fiscal Year 2016-17 General Purpose Fund (1010) Balance For A Contract To Complete A Feasibility Study On Public Banking In Oakland, And

(2) Authorizing The City Administrator Or Her Designee To Negotiate A Scope Of Work, Terms And Execute A Contract With Global Investment Company In An Amount Not To Exceed One Hundred Thousand Dollars ($100,000)

1. View Report, 2. View Supplemental Report, 3. View Supplemental Report, 4. View Supplemental Report