Title
Subject: Oakland Museum Professional Services And Lease Agreements
From: Office Of The City Administrator
Recommendation: Adopt A Resolution Authorizing The City Administrator To Negotiate And Execute A Ten-Year Professional Services Agreement And A Thirty-Year Lease For Two Museum Buildings At The Rent Of Sl.00 Per Year, Between The City Of Oakland And The Oakland Museum Of California Foundation To Perform Services Related To The Care, Conservation, Stewardship, And Presentation Of The City's Collection Of Art Works, Historical Artifacts And Natural Sciences Specimens Related To California's Cultural And Environmental History, With An Initial City Annual Professional Services Agreement Payment Of $5 Million On July 1, 2011 That Declines Annually To $3 Million Over The Ten-Year Period