Legislation Details

File #: 26-0827    Version:
Type: Ordinance Status: Passed
File created: 6/22/2026 In control: * Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council
On agenda: 9/15/2026 Final action: 9/15/2026
Title: Subject: Seminary Point - Debt And Rent Forgiveness From: Economic And Workforce Development Department Recommendation: Adopt An Ordinance Authorizing The Forgiveness Of Outstanding And Future Rent Balances In An Amount Of Up To $40,000 For Seminary Point, LLC, Pursuant To A Ground Lease With The City, Contingent On The Sale Or Transfer of The Leasehold Interest In The Property To A Qualified Purchaser; And Making California Environmental Quality Act Findings
Sponsors: Economic & Workforce Development Department
Attachments: 1. View Report And Attachment A, 2. View Legislation, 3. View Supplemental Report - 7/9/2026, 4. View Supplemental Legislation - 7/9/2026, 5. Proof Of Publication, 6. 13897 C.M.S.
Related files: 26-0826

Title

Subject:                      Seminary Point - Debt And Rent Forgiveness

From:                                           Economic And Workforce Development Department

Recommendation: Adopt An Ordinance Authorizing The Forgiveness Of Outstanding And Future Rent Balances In An Amount Of Up To $40,000 For Seminary Point, LLC, Pursuant To A Ground Lease With The City, Contingent On The Sale Or Transfer of The Leasehold Interest In The Property To A Qualified Purchaser; And Making California Environmental Quality Act Findings