File #: 05-0368    Version: Name: Shorenstein Realty Investors Three, L.P
Type: ORA Resolution Status: Passed
File created: 5/4/2005 In control: Concurrent Meeting of the Oakland Redevelopment Agency / City Council
On agenda: 6/28/2005 Final action: 7/19/2005
Title: Subject: Shorenstein Realty Investors Three, L.P.-Agreement From: Community and Economic Development Agency Recommendation: Conduct A Public Hearing And Upon Conclusion Adopt The Following Pieces Of Legislation: 1) An Agency Resolution Authorizing The Agency To Enter Into An Eleventh Amendment To The Disposition And Development Agreement With Shorenstein Realty Investors Three, L.P., Regarding The City Center Project: (1) Allowing For A Residential Land Use Option On Block T-12; (2) Establishing Eight Million One- Hundred Thousand Dollars ($8,100,000) As The Residential Sales Price For Block T-12; (3) Reducing The Time Limit To Develop Block T-12 By Three Years, To A One Year Option To Purchase; And (4) Extending The Time Limit To Develop Blocks T-5/6 By Four Years To December 31, 2013(TITLE CHANGE)
Sponsors: Community & Economic Development Agency
Attachments: 1. View Report.pdf, 2. View Supplemental Report.pdf, 3. 2005-0047 CMS.pdf
Title
Subject:      Shorenstein Realty Investors Three, L.P.-Agreement
From:            Community and Economic Development Agency
Recommendation: Conduct A Public Hearing And Upon Conclusion Adopt The Following Pieces Of Legislation:
1) An Agency Resolution Authorizing The Agency To Enter Into An Eleventh Amendment To The Disposition And Development Agreement With Shorenstein Realty Investors Three, L.P., Regarding The City Center Project: (1) Allowing For A Residential Land Use Option On Block T-12; (2) Establishing Eight Million One- Hundred Thousand Dollars ($8,100,000) As The Residential Sales Price For Block T-12; (3) Reducing The Time Limit To Develop Block T-12 By Three Years, To A One Year Option To Purchase; And (4) Extending The Time Limit To Develop Blocks T-5/6 By Four Years To December 31, 2013(TITLE CHANGE)