Title
Subject: Authorizing Sale Of 319 Chester Street
From: Community And Economic Development Agency
Recommendation: Adopt The Following Pieces Of Legislation:
1) An Ordinance Authorizing The Sale Of A City-Owned Parcel At 319 Chester Street To The Alliance For West Oakland Development For The Purchase Price Of $94,000.00, Authorizing Seller Financing For The Purchase Price, Authorizing A $400,000.00 Construction Loan, And Authorizing A Disposition And Development Agreement With The Developer To Develop The Parcel With A Two-Family Home