Title
Subject: Oakland Army Base Amendments
From: Office Of The City Administrator
Recommendation: Adopt The Following Pieces Of Legislation:
1) Ordinance Authorizing The City Administrator To Negotiate And Execute A Third Amendment To The Army Base Gateway Redevelopment Project Lease Disposition And Development Agreement ("LDDA") With Prologis CCIG Oakland Global, LLC ("Developer") Substantially In Conformance With The Attached Term Sheet, Without Returning To The City Council, To: (1) Divide The Central Gateway Between Developer Affiliates Prologis, L.P. ("Prologis") And CCIG Oakland Global, LLC ("CCIG"); (2) Exclude From The Central Gateway Ground Lease An Approximately 14.63 Acre Parcel Known As MH-1; (3) Change The Central Gateway Lessee To Prologis; (4) Negotiate And Execute A New Ground Lease With CCIG For The MH-1 Parcel; (5) Provide The Option To Lease The East Gateway Parcels, CE1 And CE2, In Separate Phases; And (6) Amend The Leases As Necessary To Reflect The Term Sheet ; And