pages: OaklandRedevelopmentSuccessorAgencyAndCityCouncil/2015-09-08.pdf, 12
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OaklandRedevelopmentSuccessorAgencyAndCityCouncil | 2015-09-08 | Special Concurrent Meeting of the Meeting Minutes September 8, 2015 Oakland Redevelopment Successor Agency/City Council S 9.2 Subject: T5/6 DDA Public Hearing From: Economic Workforce Development Department Recommendation: Adopt One Of The Following Pieces Of Legislation: 1) 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 Strada T5 LLC (Or A Related Entity Or Affiliate) For Sale Of The City Center T-5/6 Parcels Located On The Block Bounded By Broadway, 11th Street, 12th Street And Clay Street For No Less Than $6.45 Million And Development As A Residential Mixed-Use Project And A Hotel 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; And (2) Set-Aside Of No More Than $500,000 From Land Sales Proceeds For Remediation Of Property; Or Alternatively 15-0048 Attachments: View Report.pdf Upon the reading of Item 9.2 by the City Clerk, the Public Hearing was opened at 7:55 p.m. 6 individuals spoke on this item. Councilmember Gibson Mcelhaney made a motion, seconded by Councilmember Kalb, to close the Public Hearing, and hearing no objections, the motion passed by 7Ayes: Campbell Washington, Gallo, Guillén, Kalb, Kaplan and Council President Gibson McElhaney, 1 Excused: Reid. This Ordinance was No Action Taken. City of Oakland Page 12 Printed on 10/6/2015 | 12 | OaklandRedevelopmentSuccessorAgencyAndCityCouncil/2015-09-08.pdf |