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Agenda Item

20-0795 [OLD TITLE] 2) A Resolution: (A) Authorizing The City Administrator Or Designee To Negotiate And Enter Into A Naming Rights Agreement And Related Documents With Kaiser, Granting Kaiser The Right To Name The Property And Install Certain Exterior And Interior Signage Rights For A Term Of Up To 99 Years, Subject To Certain Termination Rights, For A Maximum Payment Of $12 Million, Payable In Installment Payments Commencing At Execution And Continuing Up To 36 Months; And [NEW TITLE] (2) A Resolution Authorizing The City Administrator Or Designee To Negotiate And Enter Into A Naming Rights Agreement And Related Documents With Kaiser Foundation, Granting Kaiser Foundation The Right To Name The Property And Install Certain Exterior And Interior Signage For A Term Of Up To 99 Years, Subject To Certain Termination Rights, For A Lump Sum Payment Of $12 Million, Commencing At Lease Execution; And