City of Oakland - File #: 23-0777

• File #: 23-0777
• Version: 1
• Type: City Resolution
• Status: In Rules Committee
• File created: 10/3/2023
• In control: *Rules & Legislation Committee
• On agenda: 10/19/2023
• Title: Subject: Exclusive Negotiation Agreement With Oakland & The World Enterprises, McCormack Baron Salazar, And Strada Investment Group II For 1911 Telegraph Avenue From: Economic Workforce Development Department Recommendation: Adopt A Resolution Authorizing The City Administrator To Negotiate And Enter Into An Exclusive Negotiation Agreement (ENA) With Oakland & The World Enterprises, Inc., McCormack Baron Salazar, Inc., And Strada Investment Group II, L.L.C., Or Their Affiliates, For The Potential Lease Disposition And Development Of A Mixed-Use Development At 1911 Telegraph Avenue, For A Term Of Twenty-Four Months, With Two Six-Month Administrative Extensions With A Nonrefundable Ena Payment Of $50,000 And Nonrefundable Extension Payments Of $12,500 Each, And Adopting California Environmental Quality Act Findings; On The October 24, 2023 Community And Economic Development Committee Agenda

Date	Ver.	Action By	Action	Result
10/19/2023	1	*Rules & Legislation Committee
10/12/2023	1	*Rules & Legislation Committee	Continued
10/5/2023	1	*Rules & Legislation Committee	Continued

Title

Subject:                     Exclusive Negotiation Agreement With Oakland & The World Enterprises, McCormack Baron Salazar, And Strada Investment Group II For 1911 Telegraph Avenue

From:                                          Economic Workforce Development Department

Recommendation: Adopt A Resolution Authorizing The City Administrator To Negotiate And Enter Into An Exclusive Negotiation Agreement (ENA) With Oakland & The World Enterprises, Inc., McCormack Baron Salazar, Inc., And Strada Investment Group II, L.L.C., Or Their Affiliates, For The Potential Lease Disposition And Development Of A Mixed-Use Development At 1911 Telegraph Avenue, For A Term Of Twenty-Four Months, With Two Six-Month Administrative Extensions With A Nonrefundable Ena Payment Of $50,000 And Nonrefundable Extension Payments Of $12,500 Each, And Adopting California Environmental Quality Act Findings; On The October 24, 2023 Community And Economic Development Committee Agenda