pages: RulesAndLegislationCommittee/2018-05-24.pdf, 11
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RulesAndLegislationCommittee | 2018-05-24 | *Rules & Legislation Committee Meeting Minutes - FINAL May 24, 2018 4.15 Subject: 2016 Telegraph Avenue From: Economic & Workforce Development Department Recommendation: Adopt A Successor Agency Resolution Authorizing The Agency Administrator Or Designee To Execute A Consent To (A) The Assignment By W/L Broadway Telegraph Owner VII, LLC To 2016 Telegraph Owner LLC, Or A Related Entity, Of The Assignor's Interest In The Disposition And Development Agreement For Development Of Property Located At 2000-2016 Telegraph Avenue And 490 Thomas L. Berkeley Way, And (B) The Transfer Of All Of The Ownership Interest In 2016 Telegraph Owner LLR, Or A Related Entity, To NASH - Holland 2016 Telegraph Investors, LLC, Or A Related Entity; And Authorizing A Fourth Amendment To The Disposition And Development Agreement To (1) Waive Performance And Payment Bond Requirements; (2) Waive The Successor Agency's Repurchase Right; (3) Extend The Date For Completion Of Construction From 30 To 36 Months; (4) Require Payment Of $100,000 To The Successor Agency As Consideration For The Amendment; (5) Require That Holland Partner Group Investments, LLC, Or A Related Entity, Guaranty Completion; (6) Require That 2016 Telegraph Owner LLC, Or A Related Entity, Provide A Letter Of Credit In The Amount Of $1,000,000 To The Successor Agency Payable In Up To Six Installments Only If The Project Is Not Completed Per Established Development Deadlines; And (7) Reduce A Contingent Payment Obligation From The Successor Agency To Telegraph Owner LLC, Or An Affiliate, From $1,550,000 To $1,525,000; Relying On The 2004 Uptown Mixed-Use Project Environmental Impact Report And The "2016 Telegraph Avenue Project CEQA Analysis" Addendum Thereto, Finding That The Project Is Exempt From Additional Environmental Review Pursuant To CEQA Sections 15162-15164,15168,15180,15183 And 15183.3, And Adopting Related CEQA Findings 18-0564 Attachments: View Report This ORSA Resolution be Scheduled.to go before the *Community & Economic Development Committee to be heard 6/12/2018 4.16 Subject: Report Updating Council On Ford Go Bike Program Impacts And Processes From: Councilmember McElhaney Recommendation: Receive An Informational Report From The City Administrator On (1) The Fiscal Impacts Of The Ford Go Bike Program Including The Budgeted And Actual Impacts To Parking Revenue And (2) The Process, Implementation And Results Of Community Outreach To Residents And Businesses Impacted By Nearby Ford Go Bike Stations; On The July 12, 2018 Community And Economic Development Committee Agenda 18-0589 Staff request that this item, along with the scheduling item regarding "Dockless Bike Share And Scooter Share Resolution" be consolidated and withdrawn, and will return to the Rules and Legislation Committee with a new title at a later date. This Informational Report be Scheduled.to go before the *Community & Economic Development Committee to be heard 7/10/2018 City of Oakland Page 11 Printed on 7/2/2018 | 11 | RulesAndLegislationCommittee/2018-05-24.pdf |