Title
Subject: Franchise Transfer
From: Community and Economic Development Agency
Recommendation: Approve The Final Passage (Second Reading) Of An Ordinance To (1) Consent To The Transfer Of The Franchise Pursuant To Ordinance 8005 C.M.S. Dated July 24, 1969 Granting A Franchise To Construct, Maintain And Operate A Bridge And Tunnel At 21ST Street (The Kaiser Center) In The City Of Oakland To Prentiss Properties Acquisition Partners L.P. And SIC-Lakeside Drive, LLC, And (2) Amend Said Ordinance To Increase The Amount Of The Liability Insurance To $25,000,000 And The Annual Franchise Consideration To $1,500