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OaklandRedevelopmentSuccessorAgencyAndCityCouncil/2014-07-16.pdf,2 | OaklandRedevelopmentSuccessorAgencyAndCityCouncil | 2014-07-16 | * Special Concurrent Meeting of the Meeting Minutes July 16, 2014 Oakland Redevelopment Successor Agency/City Council 4 Subject: Stadium License Agreement - Athletics Investment Group From: Councilmembers Gallo, Reid And Kaplan Recommendation: Adopt A Resolution Approving And Authorizing The Execution Of The Stadium License Agreement Between The Oakland Alameda County Coliseum Authority And The Athletics Investment Group LLC 13-0738 A motion was made by Council President Kernighan, seconded by Councilmember Gibson McElhaney, that this matter be Adopted as Amended. The motion carried by the following vote: Votes: ORAICouncilmember Abstained: 1 - Councilmember Brooks ORAICouncilmember Noes: 2 - Councilmember Gallo and Vice Mayor Reid ORAICouncilmember Ayes: 5 - Councilmember Gibson McElhaney, Councilmember Kalb, President Pro Tempore Kaplan, Councilmember Schaaf and Council President Kernighan The Council approved the agreement the JPA Board approved on July 3, 2014, with the following amendments: 1) A's Early Termination (Section 7.2.1) - Add the following example to clarify how two year termination notice period is calculated. "(By way of example, if Licensee provides Licensor with such termination notice on January 1, 2016, this license will terminate as of December 31, 2018. 2) Define what practice laws in 2013 (Proposed Section 42.7) - A number of sections provide that the parties will follow what the practice was in 2013. Add the following Section 42.7 to the agreement: "Promptly after the execution of this License by all parties, the Executive Director of Licensor and the A's shall generate mutually acceptable specifications to memorialize 2013 practices of the parties. 3) Non-refundable Deposit Required for JPA's Early Termination (Section 44.32) - Correct typographical error to amend agreement to provide for a ten million dollar non-refundable deposit. Current language reads "twenty-million dollars ($10,000,000). 4) Licensor Default (Proposed Section 22.3) - Add back this section that previously was in the… | 2 | OaklandRedevelopmentSuccessorAgencyAndCityCouncil/2014-07-16.pdf |
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CREATE TABLE "pages" ( [body] TEXT, [date] TEXT, [text] TEXT, [page] INTEGER, [path] TEXT, PRIMARY KEY ([path], [page]) );