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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

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