Title
Subject: Purchase Of Real Property At 450 Lancaster Street
From: Finance and Management Agency
Recommendation: Approve The Final Passage (Second Reading) Of An Ordinance Authorizing The Exercise Of The Option To Purchase Real Property Located At 450 Lancaster Street For The Oakland Museum Of California Pursuant To Resolution No. 76569, Authorizing A Lease Of The Real Property To The Oakland Joint Powers Financing Authority, Authorizing A Sublease Of The Real Property From The Oakland Joint Powers Financing Authority, And Authorizing Of Tax-Exempt Lease Financing In An Amount Not To Exceed $5,000,000