pages: OaklandRedevelopmentSuccessorAgencyAndCityCouncil/2019-07-09.pdf, 36
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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 5) Developer shall work with the Sogorea Te' Land Trust to provide the Trust with use of the Theatre, acknowledge the location of the Theatre on Ohlone lands (through a plaque or announcements), and make a one-time grant (amount TBD); 6) Developer shall work with a community-incubated food industry project in the selection of food-serve businesses within the Project; 7) Developer shall consult with and meaningfully consider recommendations made by the Community Advisory Board pertaining the curation and commission or art displayed in the Project; 8) Require the Community Advisory Board to provide an annual report to Developer for submission to the City regarding the expenditures of the Annual Fund; and 9) Require the nonprofit created by (2) to provide an annual report to Developer for submission to the City regarding the community access program. 10) Developer shall make a one-time donation of $100,000 to Friends of the Calvin Simmons Theatre (FOST) upon the opening of the Calvin Simmons Theatre. 11) Developer shall make a one-time contribution of $75,000 to the Coalition's Anti-Displacement Fund at the East Bay Community Fund; and Exhibit 2: Amendment of Proposed Term Sheet for Henry J. Kaiser Convention Center Lease Disposition and Development Agreement and Lease a. Developer shall provide office space and make such space available for leasing/renting to "equity targets" as follows: Up to 5,000 square feet of office space on the main arena floor of the project, o At a full service rate of $2.80 per square foot, subject to agreed-upon "CPI" increases, and o Such tenancy shall include similar terms, services and equal access to amenities allotted to all other tenants; b. Developer shall provide office and programmatic space and make such space available for leasing/renting to "equity targets" as follows: Up to 5,000 of square feet on the basement level of the project, o At a full service rate of $2.00 per square feet, subject to agreed-upon "CPI" increases, and o Subject to item 1(d), said tenancies shall include similar terms, services and equal access amenities allotted to all other tenants; c. Developer shall iensure that all Licensing Fees for the use of the Theatre to be charged to individuals meeting the definition of "equity targets" meet the following requirements: The rental rates will never surpass the lowest published tier licensing fees for the use of space within the Theatre, and Up to 30 conference room hours per month shall be made available at no cost to "equity targets"; d. Developer shall provide an annual report to the City Council summarizing its community access program, including the implementation of items a-c above. e. Developer shall ensure compliance with the restriction that non-Target Users City of Oakland Page 36 Printed on 10/10/2019 | 36 | OaklandRedevelopmentSuccessorAgencyAndCityCouncil/2019-07-09.pdf |