Title
Subject: Freeway Auto Mall Development
From: Community and Economic Development Agency
Recommendation: A Request To Withdraw From The October 14, 2008 Community and Economic Development Committee Agenda Adopt The Following Pieces Of Legislation:
1) An Agency Resolution Authorizing The Agency Administrator To Negotiate And Execute A Disposition And Development Agreement With Legend Auto Group, LLC For: (1) The Sale Of Approximately 15 Acres Within The Former Oakland Army Base For $17,470,000 For The Development Of General Motors, Nissan, And Chrysler-Jeep-Dodge Auto Dealerships; And (2) The Sale Of Up To An Additional 3.7 Acres For $5,225,000 To Develop Additional Dealerships; And