File #: 09-0487    Version: 1 Name: Chabot-Dunsmuir Purchase And Sale Agreement
Type: Ordinance Status: Introduced In Council
File created: 5/27/2009 In control: Concurrent Meeting of the Oakland Redevelopment Agency / City Council
On agenda: 7/21/2009 Final action: 7/21/2009
Title: Subject: Chabot-Dunsmuir Purchase And Sale Agreement From: Community and Economic Development Agency Recommendation: Adopt An Ordinance Authorizing The City Administrator, Without Returning To Council, To Negotiate And Execute A Purchase And Sale Agreement With Chabot-Dunsmuir LP For City Acquisition Of Seven Parcels Totaling Approximately 64 Acres Located Northwest Of Dunsmuir Ridge (The "Property'), Subject To A Conservation Easement In Favor Of The East Bay Regional Park District ("District"), For One Million Twenty-Five Thousand Dollars ($1,025,000), Plus One Hundred Thousand Dollars ($100,000) For Closing Costs And Ninety-Five Thousand Dollars ($95,000) For Capital And Other Costs, From Measure DD Funds, And To Grant The District A Recreational Trail Easement Over And Across The Property And Other Adjacent City-Owned Lands
Attachments: 1. View Report.pdf, 2. 12957 CMS.pdf
Title
Subject:      Chabot-Dunsmuir Purchase And Sale Agreement
From:            Community and Economic Development Agency
Recommendation: Adopt An Ordinance Authorizing The City Administrator, Without Returning To Council, To Negotiate And Execute A Purchase And Sale Agreement With Chabot-Dunsmuir LP For City Acquisition Of Seven Parcels Totaling Approximately 64 Acres Located Northwest Of Dunsmuir Ridge (The "Property'), Subject To A Conservation Easement In Favor Of The East Bay Regional Park District ("District"), For One Million Twenty-Five Thousand Dollars ($1,025,000), Plus One Hundred Thousand Dollars ($100,000) For Closing Costs And Ninety-Five Thousand Dollars ($95,000) For Capital And Other Costs, From Measure DD Funds, And To Grant The District A Recreational Trail Easement Over And Across The Property And Other Adjacent City-Owned Lands