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File #: 13-0279    Version: 1 Name: Amendment To Lease With EOYDC QALICB
Type: Ordinance Status: Passed
File created: 1/8/2014 In control: Meeting of the Oakland City Council
On agenda: 2/4/2014 Final action: 2/4/2014
Title: Subject: Amendment To Lease With EOYDC QALICB From: Office Of The City Administrator Recommendation: Adopt A First Amendment To Ordinance No. C.M.S. 13187, Which Authorized City Administrator To Enter Into A 66 Year Lease For $1.00 Per Year With East Oakland Youth Development Center Qualified Active Low Income Community Business, Inc., A California Nonprofit Public Benefit Corporation (EOYDC QALICB), To Further Authorize: (1) An Increase Of Security In Such Leasehold Interest From $7 Million To Up To $10 Million, And (2) Inclusion In The New 66-Year Lease Of An Option To Purchase The Property
Attachments: 1. View Report.pdf, 2. View Supplemental Report.pdf, 3. View Supplemental Report.pdf, 4. 13217 CMS.pdf
Title
Subject:      Amendment To Lease With EOYDC QALICB
From:            Office Of The City Administrator
Recommendation:   Adopt A First Amendment To Ordinance No. C.M.S. 13187, Which Authorized City Administrator To Enter Into A 66 Year Lease For $1.00 Per Year With East Oakland Youth Development Center Qualified Active Low Income Community Business, Inc., A California Nonprofit Public Benefit Corporation (EOYDC QALICB), To Further Authorize: (1) An Increase Of Security In Such Leasehold Interest From $7 Million To Up To $10 Million, And (2) Inclusion In The New 66-Year Lease Of An Option To Purchase The Property