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         FACTS YOU SHOULD KNOW ABOUT THE ROTUNDA BUILDING
                                                     AND
                      ROTUNDA PARTNERS I/II [aka PHIL TAGAMI]

1997/1998 






  





1998/1999






1999



2002 
Rotunda Partners I selected as developers for the Rotunda Building over four(4)bonafide experienced developers with both financial capacity and supportive references.  There are no documents indicating Rotunda Partners I were selected on the basis of the lowest responsible bidder.  None of the rejected bidders did not ask for any financial subsidy from the City/Redevelopment Agency/RDA.

Note:  Rotunda Partner I original proposal stated "that the City retains ownership of the Rotunda Building and further requested $7,500,000.00(million)dollar financial subsidy from the City/RDA.
The City/RDA sells to Rotunda Partners II the Rotunda Building for $99.00 and provides a $12,000,000.00(million)dollar loan which the principal payment is deferred for 20 years.  The 3% interest payment on the loan does not commence for 15 years from the date of issuance of the loan (essentially an interest free loan).
The Rotunda Partners II receives a second loan concurrent with the City/RDA loan.  This loan from US Bank National Association in Walnut Creek totaled $19,500,000.00(million)dollars.
Rotunda Partners II receives a third loan on the Rotunda Building from Nationwide Insurance Company for $20,000,000.00(million)dollars.  Note: Rotunda Partners II signs[10-20-99] Assignment of Rent/Lease payments. Additionally,  Rotunda Partners II are defendants in a      Federal lawsuit in Texas, involving a "ponzi-like" scheme.  See Faulkner v. Rotunda Partners II  LLC filed September, 2013.
  • Home
  • Sanjiv Handa
  • Gene's Blog
  • Rotunda RFP
    • Lawsuit against Rotunda Partners II >
      • Facts you should know about the Rotunda Building
      • Facts you should know about the Rotunda Garage
      • Charges in massive investment fraud case
      • Phil Tagami's Obligation
  • Gene Hazzard -Keeping eyes open
    • Hazzard substitution of attorney
    • Public Record Request [PORT] about the $100,000.00 deposit, NO Straight answer.
    • Court Reporter Transcript
    • The Power Broker? >
      • Robert Moses >
        • NY Times February 14, 2007
  • Chronology of Tagami's scheme of Private-Public Partnership with City Projects
  • Another Tagami scheme - Rotunda Building deal
    • Eight Years Later, Tagami Still Hasn’t Started Rotunda Project City Fails to Hold Developer Responsible
    • 1630 San Pablo - Parcel 2
    • Rotunda Building Loan
    • Post -Tagami Failed to Make Payments on Rotunda Development Loan
    • City Urges No Action in Tagami’s Failure to Make Payments on $12 Million Loan
  • Oakland Army Base
    • Port to Give Tagami $600 Million Exclusive
    • OAB - Wikipedia
    • OAB - Military Museum
    • Army Base Gateway Redevelopment Project
    • BAAQMD Comments on Air Monitoring Work Plan
    • Cost Sharing Agreement
    • OAB Rezoning and LDDA update
  • Billboards in Oakland
  • Port of Oakland
  • Oakland Raiders?
  • Who is running Oakland?
    • Jerry Brown
    • Don Perata
    • Judge Robert B. Freedman
    • Jacques Barzaghi
    • Gawfco Enterprises
    • Deception
    • Doug Bloch
    • Phil Tagami >
      • SF Business Times November 20, 2005
      • Rotunda wrestling
      • A conversation with Oakland developer Phil Tagami
      • Audit of $91 million Fox Theater project
      • Tagami Conflict
      • CCIG Response to Oakland Works
      • Oakland developer Phil Tagami named to state medical board
      • ‘Shotgun Phil’ hits another bullseye — with governor’s help
  • CleanOakland Store
  • CenterPoint Properties