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Agenda Item

7.11 18-1926 Subject: Extension Agreement With The Oakland Museum Of California From: Councilmember Bas Recommendation: Adopt An Ordinance Amending Ordinance No. 13709 C.M.S., Which Authorized A Thirty Year Lease Between The City Of Oakland And The Oakland Museum Of California Of Two Buildings And Improvements On City Property Located At 1000 Oak Street And 450 Lancaster Street, To (A) Extend The Lease Under The Same Terms And Conditions For A Period Of Twenty Years Until June 30, 2061 To Facilitate Funding For Extensive Improvements To The Museum Entrances, Gardens And The Museum Cafe And (B) Amend The Lease To Allow Tenant To Pursue The Improvements [TITLE CHANGE]