Title
Subject: Forest City - Exclusive Negotiating Agreement
From: Community And Economic Development Agency
Recommendation: Adopt An Agency Resolution Authorizing The Agency Administrator To Negotiate And Execute A First Amendment To An Exclusive Negotiating Agreement Between The Redevelopment Agency And Forest City Residential West, Inc. Or A Related Entity, For The Development Of A Market Rate, Mixed-Use Project Consisting Of Housing And Retail On A Parcel Bounded By William Street In The North, Telegraph Avenue On The East, 19th Street On The South And A New Public Park On The West In Downtown Oakland In Order To Extend The Exclusive Negotiating Agreement For An Additional Term Of Ninety (90) Days, Resulting In A Total Term Of One Hundred Eighty (180) Days