Meeting Time: February 23, 2017 at 10:45am PST
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Agenda Item

4.10 16-0764 Subject: MacArthur BART Transit Village - Consent to Property Conveyance From: Economic And Workforce Development Recommendation: Adopt The Following Pieces Of Legislation; 1) A City Resolution Amending Resolution No. 86266 C.M.S. Which Authorized The Assignment Of A Development Agreement Between The City Of Oakland And MacArthur Transit Community Partners, LLC To A Joint Venture Between McGrath Properties, Inc., Or Related Entity, And Boston Properties LP, Or Related Entity, And Instead Authorize Assignment Of The Development Agreement To Boston Properties LP, Or A Related Entity, Pursuant To A Long-Term Ground Lease With An Option To Purchase Between MPI MacArthur, LLC, Or Related Entity, And Boston Properties LP, Or A Related Entity, For The Development Of Parcels B-1 And B-2 Of The MacArthur Station Project (Formerly Known As The MacArthur Transit Village), And