pages: OaklandRedevelopmentSuccessorAgencyAndCityCouncilAndGeologicHazardAbatementDistrictBoard/2015-06-17.pdf, 16
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OaklandRedevelopmentSuccessorAgencyAndCityCouncilAndGeologicHazardAbatementDistrictBoard | 2015-06-17 | Special Concurrent Meeting of the Meeting Minutes June 17, 2015 Oakland Redevelopment Successor Agency / City Council / Geologic Hazard Abatement District Board 16 Subject: DDA For 12th Street Remainder Parcel From: Economic & Workforce Development Department Recommendation: Adopt An Ordinance Authorizing: (1) The City Administrator, Without Returning To The City Council, To Negotiate And Execute A Disposition And Development Agreement And Related Documents Between The City Of Oakland, And A Development Entity Comprised Of Urbancore Development, LLC, And UDR, Inc., (Or Its Related Entities Or Affiliates) For Sale Of The 12th Street Remainder Parcel Located At E12th Street And 2nd Avenue For No Less Than $5.1 Million And Development As A Residential Mixed-Use Project, All Of The Foregoing Documents To Be In A Form And Content Substantially In Conformance With The Term Sheet Attached As Exhibit A; (2) Set -Aside Of No More Than $500,000 From Land Sales Proceeds For Remediation Of Property, And (3) Appropriation Of $200,000 From Land Sales Proceeds To Fund An Asset Portfolio Management Plan 14-0662 Attachments: View Report.pdf View Supplemental Report View Supplemental Report View Supplemental Report.pdf Councilmember Guillen moved, seconded by Councilmember Brooks, to: 1) Approve the proposed Ordinance regarding the Disposition & Development Agreement for the 12th Street Remainder Parcel as recommended by staff with the following further changes: (A) Specifically adding the finding regarding the Request for Proposal process, which is contained in the supplemental staff report; and (B) With the new Attachment 1 to the term sheet attached as Exhibit A to the Ordinance, provided to the Council as Attachment B updated June 17; and 2) Direct the City Administrator to return to Council with a report and recommendations on procedures for notfying tenants, in addition to property owners, of proposed developments in thier neighborhoods; and with a report and recommended policy changes to the City's ordinance on disposition of city-ownes lands in light of recommendations contained in the Housing Equity Roadmap. A motion was made by Guillén, seconded by Brooks, that this matter be Approved As Amended On Introduction and Scheduled for Final Passage. The motion carried by the following vote: Excused: 1 - - Kaplan Abstained: 1 - Kalb Aye: 6 - Brooks, Campbell Washington, Gallo, Guillén, Gibson McElhaney, and Reid City of Oakland Page 16 Printed on 7/10/2015 | 16 | OaklandRedevelopmentSuccessorAgencyAndCityCouncilAndGeologicHazardAbatementDistrictBoard/2015-06-17.pdf |