File #: 18-1824    Version: 1 Name:
Type: Report and Recommendation Status: Passed
File created: 5/14/2019 In control: * Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council
On agenda: 5/21/2019 Final action: 5/21/2019
Title: Subject: Naming Rights Agreement For Oakland-Alameda County Coliseum From: Council President Kaplan, Vice Mayor Reid And City Attorney Parker Recommendation: Adopt A Resolution Authorizing The Council's Representatives On The Oakland- Alameda County Coliseum Joint Powers Authority ("JPA") Board To Vote To Approve The Naming Rights Licensing Agreement Between The JPA And Ringcentral, Inc, For The Oakland-Alameda County Coliseum With (1) A Three Year Term Ending June 30,2022, (2) An Annual Licensing Fee Of One Million Dollars ($1,000,000), (3) An Option For Ringcentral To Extend The Agreement For An Additional 12 To 18 Months And (4) Ringcentral’s Right To Rename The Coliseum Ringcentral Stadium (Or Such Other Name That Ringcentral Selects) For The Term Along With The Replacement Of Relevant Signage, Media Collateral, And Marketing Materials
Attachments: 1. View Report, 2. 87706 CMS

Title

Subject:                     Naming Rights Agreement For Oakland-Alameda County Coliseum                     

From:                                          Council President Kaplan, Vice Mayor Reid And City Attorney Parker

Recommendation: Adopt A Resolution Authorizing The Council's Representatives On The Oakland- Alameda County Coliseum Joint Powers Authority ("JPA") Board To Vote To Approve The Naming Rights Licensing Agreement Between The JPA And Ringcentral, Inc, For The Oakland-Alameda County Coliseum With (1) A Three Year Term Ending June 30,2022, (2) An Annual Licensing Fee Of One Million Dollars ($1,000,000), (3) An Option For Ringcentral To Extend The Agreement For An Additional 12 To 18 Months And (4) Ringcentral’s Right To Rename The Coliseum Ringcentral Stadium (Or Such Other Name That Ringcentral Selects) For The Term Along With The Replacement Of Relevant Signage, Media Collateral, And Marketing Materials