File #: 09-1609    Version: 1 Name: City Center Project
Type: City Resolution Status: In Council
File created: 6/22/2010 In control: Concurrent Meeting of the Oakland Redevelopment Agency / City Council
On agenda: 7/27/2010 Final action: 9/21/2010
Title: Subject: City Center Project 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 A Thirteenth Amendment To The Disposition And Development Agreement With Oakland T12 LLC, Regarding The City Center Project To (1) Extend The Date To Complete An Office Development On Block T-12 Of The City Center Project By 36 Months Changing It From April 12, 2012 To April 12, 2015, With Two Additional Extension Options Of 12 Months Each: And (2) Accept Payment Of $300,000 From Oakland T12 LLC To The Agency For The Initial Extension, And Payments Of $300,000 And $400,000, Respectively, For Each Additional 12-Month Option To Extend To Complete The Office Development
Attachments: 1. View Report.pdf, 2. 2010-0106 CMS.pdf
Title
Subject:      City Center Project
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 A Thirteenth Amendment To The Disposition And Development Agreement With Oakland T12 LLC, Regarding The City Center Project To (1) Extend The Date To Complete An Office Development On Block T-12 Of The City Center Project By 36 Months Changing It From April 12, 2012 To April 12, 2015, With Two Additional Extension Options Of 12 Months Each: And (2) Accept Payment Of $300,000 From Oakland T12 LLC To The Agency For The Initial Extension, And Payments Of $300,000 And $400,000, Respectively, For Each Additional 12-Month Option To Extend To Complete The Office Development