Endorse Oakland's efforts to create a public bank

Oakland Public BankGovernance<UNKNOWN>

In Plain English

Oakland is exploring creating a city-owned bank that would hold public funds and make local loans. Friends of the Public Bank of Oakland will present their proposal to Richmond's council. If approved, Richmond formally supports Oakland's bank effort and agrees to study partnering with any future public bank in the region.

Auto-generated summary. Source: official agenda documents.

Votes

Adopt resolution to endorse Oakland's public bank efforts

Moved by: Councilmember MartinezSeconded by: Councilmember Willis
Passed

6 to 1

Thomas K. ButtNay
Ben ChoiAye
Eduardo MartinezAye
Gayle McLaughlinAye
Jael MyrickAye
Melvin WillisAye
Jovanka BecklesAye

Public Comments

1 public comment — 1 spoken

  • Marilyn LangloisIn person