pages: OaklandRedevelopmentSuccessorAgencyandtheCommunityandEconomicDevelopmentCommittee/2019-06-25.pdf, 8
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OaklandRedevelopmentSuccessorAgencyandtheCommunityandEconomicDevelopmentCommittee | 2019-06-25 | Concurrent Meeting of the Oakland Meeting Minutes - FINAL June 25, 2019 Redevelopment Successor Agency and the Community and Economic Development Committee 10 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 Proof Of Publication There were 3 speakers on this item. A motion was made by Nikki Bas, seconded by Noel Gallo, that this matter be Referred to go before the *Rules & Legislation Committee, to be heard 6/27/2019. The motion carried by the following vote: Aye 4 - Bas Gallo Taylor, Reid NO VOTE 0 City of Oakland Page 8 Printed on 12/12/2019 | 8 | OaklandRedevelopmentSuccessorAgencyandtheCommunityandEconomicDevelopmentCommittee/2019-06-25.pdf |