pages: OaklandRedevelopmentSuccessorAgencyAndCityCouncil/2019-11-05.pdf, 25
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OaklandRedevelopmentSuccessorAgencyAndCityCouncil | 2019-11-05 | Special Concurrent Meeting of the Meeting Minutes - FINAL November 5, 2019 Oakland Redevelopment Successor Agency/City Council Aye: 7 - - Kalb, Reid, Gallo, Thao, Taylor, Bas, and Kaplan Absent: 1 - - McElhaney NO VOTE: 0 At 12:25 THE COUNCIL RECESSED INTO CLOSED SESSION THE COUNCIL RE-CONVENED AT 1:16 A.M. S16 Subject: 12th Street Remainder Second DDA Amendment From: Economic And Workforce Development Department Recommendation: Adopt An Ordinance To Authorize A Second Amendment To The Disposition And Development Agreement Between The City Of Oakland And, Lakehouse Commons, LLC And Lakehouse Commons Affordable Housing, LP, To (1) Extend The Outside Date (Retroactively, If Necessary) And Related Performance Deadlines In Exchange For Monthly Payment Of An Additional Deposit And An Extension Fee, (2) Require Reappraisal Of The Property And Renegotiation Of The Purchase Price, (3) Replace The Project Labor Agreement Requirement With An Alternative Requirement, And (4) Remove The Option For City Financing Of 50 Percent Of The Purchase Price Attributable To The Market Rate Project 18-2352 Attachments: View Report 13566 CMS A Motion To Schedule Was Made By Councilmember Taylor, Seconded By Vice Mayor Reid, To Consider The Following Item At The Special City Council Meeting On Thursday November 14, 2019; "Adopt An Ordinance To Authorize A Third Amendment To The Disposition And Development Agreement Between The City Of Oakland And Lakehouse Commons, LLC And Lakehouse Commons Affordable Housing, L.P. To Expand Construction Mitigations, Add Additional Community Benefit Terms And Amend Other Terms" A motion was made by Loren Taylor, seconded by Larry Reid, that this matter be Approved As Amended On Introduction and Scheduled for Final Passage to go before the Special Concurrent Meeting of the Oakland Redevelopment Successor Agency/City Council, to be heard 11/14/2019. The motion carried by the following vote: Abstained: 1 - - Kaplan Aye: 5- - Kalb, Reid, McElhaney, Gallo, and Taylor No: 2 - Thao, and Bas NO VOTE: 0 City of Oakland Page 25 Printed on 12/2/2019 | 25 | OaklandRedevelopmentSuccessorAgencyAndCityCouncil/2019-11-05.pdf |