https://oakland.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=2453010&GUID=8537F6AA-BF50-4EC2-9421-D920C29B3BD8Legistar15https://oakland.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=2453010&GUID=8537F6AA-BF50-4EC2-9421-D920C29B3BD88537F6AA-BF50-4EC2-9421-D920C29B3BD8-2025-08-27-21-01-28Title: Subject: T5/6 DDA Public Hearing From: Economic Workforce Development Department Recommendation: Adopt One Of The Following Pieces Of Legislation: 1) An Ordinance Authorizing: (1) The City Administrator, Without Returning To The City Council, To Negotiate And Execute A Disposition And Development Agreement And Related Documents Between The City Of Oakland, And Strada T5 LLC (Or A Related Entity Or Affiliate) For Sale Of The City Center T-5/6 Parcels Located On The Block Bounded By Broadway, 11th Street, I2th Street And Clay Street For No Less Than $6.45 Million And Development As A Residential Mixed-Use Project And A Hotel Mixed-Use Project, All Of The Foregoing Documents To Be In A Form And Content Substantially In Conformance With The Term Sheet Attached As Exhibit A; And (2) Set-Aside Of No More Than $500,000 From Land Sales Proceeds For Remediation Of Property; Or AlternativelyWed, 27 Aug 2025 21:01:28 GMT