File #: 21-0086    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 2/1/2021 In control: * Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council
On agenda: 3/2/2021 Final action: 3/16/2021
Title: Subject: 3050 International Boulevard LDDA & Lease From: Office Of The City Administrator’s Recommendation: Adopt An Ordinance (A) Authorizing The City Administrator Or Designee To Negotiate And Execute (1) A Lease Disposition And Development Agreement With, Jointly, Satellite Affordable Housing Associates, Inc., And Native American Health Center, A California Non Profit, And/ Or Affiliated Entities (Each, A “Developer”) For The Development Of An Affordable Housing Project And Health Center (“Project”) On City-Owned Property Located At 3050 International Boulevard (“Property”); And (2) A Lease Of A Portion Of The Property To Each Developer To Operate And Manage The Project, For Up To 99 Years, Including Extensions, For A One-Time Payment Equal To $2,400,000, To Be Paid Pro-Rata By Each Developer; And (B) Adopting Requisite Findings Under The California Environmental Quality Act
Attachments: 1. View Report, 2. View Report Attachment A, 3. View Report Attachment B, 4. View Report Attachment C, 5. View Legislation, 6. View Report Exhibit A, 7. 13642 CMS, 8. Proof Of Publication

Title

Subject:                     3050 International Boulevard LDDA & Lease

From:                                           Office Of The City Administrator’s

Recommendation: Adopt An Ordinance (A) Authorizing The City Administrator Or Designee To Negotiate And Execute (1) A Lease Disposition And Development Agreement With, Jointly, Satellite Affordable Housing Associates, Inc., And Native American Health Center, A California Non Profit, And/ Or Affiliated Entities (Each, A “Developer”) For The Development Of An Affordable Housing Project And Health Center (“Project”) On City-Owned Property Located At 3050 International Boulevard (“Property”); And (2) A Lease Of A Portion Of The Property To Each Developer To Operate And Manage The Project, For Up To 99 Years, Including Extensions, For A One-Time Payment Equal To $2,400,000, To Be Paid Pro-Rata By Each Developer; And (B) Adopting Requisite Findings Under The California Environmental Quality Act