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File #: 16-0346    Version: 1 Name: 12th Street Remainder Parcel DDA Assignment to Lakehouse Development Partners LLC and LakeHouse Commons Affordable Housing, LP
Type: City Resolution Status: In Rules Committee
File created: 10/26/2016 In control: * Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council
On agenda: 1/17/2017 Final action:
Title: Subject: 12th Street Remainder Parcel DDA From: Economic And Workforce Development Recommendation: Adopt An Ordinance: (1) Amending The Term Sheet For The Disposition And Development Agreement For The 12th Street Remainder Parcel Located At E12th Street And 2ND Avenue Previously Approved By Ordinance No. 13382 C.M.S. To Identify The Developer As Lakehouse Development Partners, LLC (Or Its Related Entities Or Affiliates) And Lakehouse Commons Affordable Housing, LP (Or Its Related Entities Or Affiliates); And (2) Authorizing The City Administrator, Without Returning To The City Council, To Negotiate And Execute Such Disposition And Development Agreement And Related Documents Between The City Of Oakland And Such Developer Entities, All Of The Foregoing Documents To Be In A Form And Content Substantially In Conformance With The Amended Term Sheet Attached As Exhibit A
Sponsors: Economic & Workforce Development Department
Attachments: 1. View Report, 2. View Supplemental Report

Title

Subject:                     12th Street Remainder Parcel DDA

From:                                          Economic And Workforce Development                                                               

Recommendation: Adopt An Ordinance: (1) Amending The Term Sheet For The Disposition And Development Agreement For The 12th Street Remainder Parcel Located At E12th Street And 2ND Avenue Previously Approved By Ordinance No. 13382 C.M.S. To Identify The Developer As Lakehouse Development Partners, LLC (Or Its Related Entities Or Affiliates) And Lakehouse Commons Affordable Housing, LP (Or Its Related Entities Or Affiliates); And (2) Authorizing The City Administrator, Without Returning To The City Council, To Negotiate And Execute Such Disposition And Development Agreement And Related Documents Between The City Of Oakland And Such Developer Entities, All Of The Foregoing Documents To Be In A Form And Content Substantially In Conformance With The Amended Term Sheet Attached As Exhibit A