File #: 24-0314    Version: 1 Name:
Type: Ordinance Status: Second Reading and Final Passage
File created: 4/17/2024 In control: * Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council
On agenda: 5/7/2024 Final action:
Title: Subject: Acquisition Of The County’s Undivided 50 Percent Interest In The Real Property Formerly Known As The Raiders Training Facility From: Councilmember Kaplan Recommendation: Adopt An Ordinance Authorizing The City Administrator To Execute A Purchase And Sale Agreement With The County Of Alameda To Acquire The County’s Undivided 50 Percent Interest For Eleven Million Eight Hundred-Fifty Thousand Dollars ($11,850,000), To Sell It, Together With The City’s Undivided 50 Percent Interest In Property, Formerly Known As The Raiders Training Facility, Located At 1150 And 1220 Harbor Bay Parkway, Alameda, California, To Prologis, L.P. Or Its Affiliate, For Twenty-Four Million Dollars ($24,000,000), Conditioned On A Lease To Oakland Pro Soccer LLC Or Its Affiliate, Owner Of The Oakland Roots And Soul Soccer Teams; And Adopting California Environmental Quality Act Findings
Sponsors: Rebecca Kaplan
Attachments: 1. View Report, 2. View Legislation

Title

Subject:                      Acquisition Of The County’s Undivided 50 Percent Interest In The Real Property Formerly Known As The Raiders Training Facility

From:                                           Councilmember Kaplan

Recommendation: Adopt An Ordinance Authorizing The City Administrator To Execute A Purchase And Sale Agreement With The County Of Alameda To Acquire The County’s Undivided 50 Percent Interest For Eleven Million Eight Hundred-Fifty Thousand Dollars ($11,850,000), To Sell It, Together With The City’s Undivided 50 Percent Interest In Property, Formerly Known As The Raiders Training Facility, Located At 1150 And 1220 Harbor Bay Parkway, Alameda, California, To Prologis, L.P. Or Its Affiliate, For Twenty-Four Million Dollars ($24,000,000), Conditioned On A Lease To Oakland Pro Soccer LLC Or Its Affiliate, Owner Of The Oakland Roots And Soul Soccer Teams; And Adopting California Environmental Quality Act Findings