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File #: 14-1158    Version: 1 Name: DDA City Center T-5/6 Parcels
Type: Ordinance Status: In Council
File created: 7/1/2015 In control: * Special Concurrent Meeting of the Oakland City Council and the Youth Advisory Commission
On agenda: 7/30/2015 Final action:
Title: Subject: DDA City Center T-5/6 Parcels From: Economic & Workforce Development Department Recommendation: Conduct A Public Hearing And Upon Conclusion Adopt An Ordinance 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 Strada T5 LLC (Or A Related Entity Or Affiliate) For Sale Of The City Center T-5/6 Parcels Located On The Block Bounded By Broadway, 11th Street, 12th Street And Clay Street For No Less Than $6.45 Million And Development As A Residential Mixed-Use Project And A Hotel Mixed-Use Project, All Of The Foregoing Documents To Be In A Form And Content Substantially In Conformance With The Term Sheet Attached As Exhibit A
Sponsors: Economic & Workforce Development Department
Attachments: 1. View Report.pdf
Related files: 15-0048, 15-0049

Title

Subject:                     DDA City Center T-5/6 Parcels

From:                                          Economic & Workforce Development Department

Recommendation: Conduct A Public Hearing And Upon Conclusion Adopt An Ordinance 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 Strada T5 LLC (Or A Related Entity Or Affiliate) For Sale Of The City Center T-5/6 Parcels Located On The Block Bounded By Broadway, 11th Street, 12th Street And Clay Street For No Less Than $6.45 Million And Development As A Residential Mixed-Use Project And A Hotel Mixed-Use Project, All Of The Foregoing Documents To Be In A Form And Content Substantially In Conformance With The Term Sheet Attached As Exhibit A