File #: 16-0317    Version: 1 Name: Sale Of 3455 And 3461 Champion Street Properties
Type: Ordinance Status: Passed
File created: 10/12/2016 In control: Special Concurrent Meeting of the Oakland Redevelopment Successor Agency/City Council
On agenda: 11/29/2016 Final action: 11/29/2016
Title: Subject: Sale Of 3455 And 3461 Champion Street Properties From: Economic And Workforce Development Department Recommendation: Adopt An Ordinance: (1) Authorizing The City Administrator, Without Returning To The City Council, To Negotiate And Execute A Disposition And Development Agreement And Related Documents Between The City Of Oakland And Carlos Soloman And Dominica Rice-Soloman Or A Legal Entity Affiliated With Carlos Soloman & Dominica Rice-Soloman For (A) The Sale Of The Parcels Located At 3455 And 3461 Champion Street, Reserving To The City An Easement For A Fiber Optics Hub And Related Uses ("Property") For An Amount Not Less Than Three Hundred Forty Thousand Dollars ($340,000), And (B) Development And Operation On The Property Of A Full Service Restaurant, All Of The Foregoing Documents To Be In A Form And Content Substantially In Conformance With The Term Sheet Attached As Exhibit A, And (2) Adopting CEQA Exemption Findings
Sponsors: Economic & Workforce Development Department
Attachments: 1. View Report, 2. View Supplemental Report, 3. View Supplemental Report, 4. View Supplemental Report, 5. 13400 CMS, 6. Proof Of Publication 13400

Title

Subject:                     Sale Of 3455 And 3461 Champion Street Properties

From:                                          Economic And Workforce Development Department

Recommendation: Adopt An Ordinance: (1) Authorizing The City Administrator, Without Returning To The City Council, To Negotiate And Execute A Disposition And Development Agreement And Related Documents Between The City Of Oakland And Carlos Soloman And Dominica Rice-Soloman Or A Legal Entity Affiliated With Carlos Soloman & Dominica Rice-Soloman For (A) The Sale Of The Parcels Located At 3455 And 3461 Champion Street, Reserving To The City An Easement For A Fiber Optics Hub And Related Uses  ("Property") For An Amount Not Less Than Three Hundred Forty Thousand Dollars ($340,000), And (B) Development And Operation On The Property Of A Full Service Restaurant, All Of The Foregoing Documents To Be In A Form And Content Substantially In Conformance With The Term Sheet Attached As Exhibit A, And (2) Adopting CEQA Exemption Findings