https://oakland.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=7351055&GUID=5530CA15-EF25-49E3-9DED-792861681929Legistar15https://oakland.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=7351055&GUID=5530CA15-EF25-49E3-9DED-7928616819295530CA15-EF25-49E3-9DED-792861681929-2025-08-27-21-05-07Title: Subject: Authorization For First Amendment To LDDA With Liberation Park Residences From: Economic And Workforce Development Department Recommendation: Adopt An Ordinance Authorizing The City Administrator To Negotiate And Execute An Amendment To The Lease Disposition And Development Agreement With Liberation Park Residences, L.P., For A Portion Of City-Owned Property Located At 73rd Avenue And Foothill Boulevard (Parcel 2), To Revise The Ground Lease Terms Of Rent Payment By Replacing The Provision Of A 55-Year Capitalized Loan In The Amount Of $1,505,004 At A 3% Interest Rate With An Annual Ground Rent Payment Of $90,331 Capped At $1,505,004, To Be Paid To The City During The 99-Year Ground Lease TermWed, 27 Aug 2025 21:05:07 GMT