City of Oakland - File #: 14-0615

• File #: 14-0615
• Version: 1
• Name: Amendment Of The Ground Lease For The Oakland Marriott
• Type: Ordinance
• Status: Passed
• File created: 3/3/2015
• In control: Meeting of the Oakland City Council
• On agenda: 4/21/2015
• Final action: 4/21/2015
• Title: Subject: Amendment Of The Ground Lease For The Oakland Marriott From: Economic & Workforce Development Department Recommendation: Adopt An Ordinance Authorizing The Interim City Administrator, Without Returning To The City Council, To Negotiate And Execute An Amendment To The Oakland Marriott Hotel City Center Ground Lease Between The City Of Oakland And Either The Current Tenant, The CIM Group, Inc. (Or A Related Entity), Or The Prospective Tenant, AGRE DCP Oakland City Center LLC (Or A Related Entity), Clarifying Or Modifying Various Lease Provisions, Including The Terms Of The Ground Tenant's Option To Purchase
• Sponsors: Economic & Workforce Development Department

Date	Ver.	Action By	Action	Result
4/21/2015	1	* Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council	Approved for Final Passage	Pass
3/31/2015	1	Special Concurrent Meeting of the Oakland Redevelopment Successor Agency/City Council	Approved On Introduction and Scheduled for Final Passage	Pass
3/19/2015	1	*Rules & Legislation Committee	Scheduled

Title

Subject:      Amendment Of The Ground Lease For The Oakland Marriott

From:            Economic & Workforce Development Department

Recommendation:  Adopt An Ordinance Authorizing The Interim City Administrator, Without Returning To The City Council, To Negotiate And Execute An Amendment To The Oakland Marriott Hotel City Center Ground Lease Between The City Of Oakland And Either The Current Tenant, The CIM Group, Inc. (Or A Related Entity), Or The Prospective Tenant, AGRE DCP Oakland City Center LLC (Or A Related Entity), Clarifying Or Modifying Various Lease Provisions, Including The Terms Of The Ground Tenant's Option To Purchase