pages: OaklandRedevelopmentSuccessorAgencyAndCityCouncil/2019-07-09.pdf, 35
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OaklandRedevelopmentSuccessorAgencyAndCityCouncil | 2019-07-09 | Special Concurrent Meeting of the Meeting Minutes - FINAL July 9, 2019 Oakland Redevelopment Successor Agency/City Council 9.2 Subject: Henry J. Kaiser Convention Center - Lease Disposition And Development Agreement From: Economic And Workforce Development Department Recommendation: Adopt An Ordinance Authorizing: (A) The City Administrator To Negotiate And Execute A Lease Disposition And Development Agreement, Up To Ninety-Nine Year Lease, And Related Documents Between The City Of Oakland And Oakland Civic, LLC, Or Its Affiliate ("Oakland Civic") For The Henry J. Kaiser Convention Center Located At 10 Tenth Street; (B) Establishment Of An Annual Fund To Be Funded By Tenant From Annual Net Project Income For Use By A To-Be-Formed Nonprofit Calvin Simmons Theatre Operator ("Theatre Nonprofit") To Provide Grants Related To Use Of The Calvin Simmons Theatre; (C) A Grant Up To $100,000 For Subsurface Hazardous Materials Remediation To Oakland Civic, LLC; And (D) A Grant Of $3,000,000 To The Theatre Nonprofit For Theatre Rehabilitation Costs 18-1957 Attachments: View Report View Supplemental Report - Bas 7/12/2019 13556 CMS Upon the reading of Item 9.1 by the City Clerk, the Public Hearing was opened at July 10, 2019 at 1:33 a.m. 27 speakers spoke on this item. Councilmember Bas made a motion to amend the legislation to include two new Exhibits which include the following; Exhibit 1: Minimum Terms of Community Benefits Agreement Between Orton Development and the Coalition 1) A Mechanism for providing potential tenants who are considered "equity targets" in the 10,000 square feet of 13,000 Minimum Target User Space to enter into long-term subleases in the project (up to the term of the master lease) as way of addressing "community ownership", 2) Requirement to create a community advisory board to participate in the management of the Annual Fund for the Calvin Simmons Theatre, enforce the CBA, and other responsibilities to be determined; 3) Right of the Community Coalition for Equitable Development to create a nonprofit, called "Friends of the Simmons Theatre", to develop a community access program for educational institutions; 4) Developer shall provide and make available at no cost: a. A minimum of 25 Co-Working/Shared Working Memberships, i. Such Memberships shall be assigned and or designated to Equity Targets at no cost, and ii. Such Membership shall include access to all amenities and services available to paying Members such as access to meeting spaces; City of Oakland Page 35 Printed on 10/10/2019 | 35 | OaklandRedevelopmentSuccessorAgencyAndCityCouncil/2019-07-09.pdf |