Title
Subject: Purchase of Hotel Westerner
From: Community and Economic Development Agency
Recommendation: Adopt an Agency Resolution authorizing the Oakland Redevelopment Agency to purchase real properties known as the Hotel Westerner, located at 1920 San Pablo Avenue (Assessor's parcel number 008-0643-006), 1954 San Pablo Avenue (Assessor's parcel number 008-0644-021), and 610 William Street (Assessor's parcel number 008-0644-020) together with the purchase of furniture, fixtures, and equipment pertaining to the real property for the total sum of $1,530,570, plus closing costs not to exceed $69,430, for a total cost not to exceed $1,600,000.
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