pages: OaklandRedevelopmentAgencyAndCityCouncil/2008-05-06.pdf, 27
This data as json
body | date | text | page | path |
---|---|---|---|---|
OaklandRedevelopmentAgencyAndCityCouncil | 2008-05-06 | Concurrent Meeting of the Oakland Meeting Minutes May 6, 2008 Redevelopment Agency / City Council 19 Subject: Metropolitan Golf Course - Lease Amendment From: Councilmember Larry Reid Recommendation: Adopt A Resolution Authorizing The City Administrator To Execute (1) The Third Supplemental Agreement To The Lease Between The Port And The City And (2) The First Amendment To The Sublease, Between The City And Oakland Golf LLC, Which Both Set Forth The Following Modifications Regarding The Operation Of Metropolitan Golf Links: Up To Five Years Of Rent Relief, Conditional On City Council Approval For Each Subsequent Year, In The Projected Amount Of No More Than $1 Million, Resulting In A Loss Of Anticipated Revenue To The Golf Enterprise Fund Of Approximately No More Than $500,000 Over The Five Year Period And Other Changes To The Sublease Including Deletion Of Real Property To Accommodate The Bay Trail, Hiring, Rent Credits, Use Of Facilities By City, Navigational Aides, And Administrative Dates Of Sublease (TITLE CHANGE) 07-0971 Play Video A motion was made by Councilmember Reid, seconded by Councilmember Kernighan, that this matter be Adopted. The motion carried by the following vote: Votes: ORAICouncilmember Noes: 1 - Councilmember Nadel ORAICouncilmember Ayes: 7 - Councilmember Brooks, Councilmember Brunner, Member Chang, Councilmember Kernighan, Councilmember Quan, Councilmember Reid and President of the Council De La Fuente Staff was directed to include financial information (audit of expenditures and revenues) when this returns next year. The following individual spoke on this item: - Sanjiv Handa - Tom Isaak View Report.pdf View Supplemental Report.pdf 81274 CMS.pdf City of Oakland Page 27 Printed on 6/26/08 | 27 | OaklandRedevelopmentAgencyAndCityCouncil/2008-05-06.pdf |