Meeting Time: February 01, 2024 at 10:30am PST
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Agenda Item

3.1 24-0051 Subject: LDDA, Lease, DDA And License Agreement For City-Owned Property At 73rd & Foothill From: Economic & Workforce Development Department Recommendation: [TITLE CHANGE] Adopt The Following Pieces Of Legislation: [NEW TITLE] 1) An Ordinance Authorizing The City Administrator To Negotiate And Execute A Disposition And Development Agreement Between The City Of Oakland And Liberation Park Market Hall, Or Its Affiliates, For The Sale Of A Portion Of The Property Located At 73rd Avenue And Foothill Boulevard (Parcel 1) And Development Of A Mixed-Use Market Hall And Cultural Center, For The Appraised $994,996 Fair Market Value, With A Term Of Two And One-Half Years With Two One-Year Administrative Extension Options; And Adopting California Environmental Quality Act Findings; And [OLD TITLE] 1) An Ordinance: A. Authorizing The City Administrator To Negotiate And Execute A Disposition And Development Agreement Between The City Of Oakland ("City") And Liberation Park Market Hall, Or Its Affiliates, For The Sale Of A Portion Of The City-Owned Property Located At 73rd Avenue And Foothill Boulevard ("Parcel 1") And Development Of A Mixed-Use Market Hall And Cultural Center On Parcel 1, For The Appraised $994,996 Fair Market Value, With A Term Of Two And One-Half Years With Two One-Year Administrative Extension Options; B. Adopting California Environmental Quality Act (CEQA) Findings

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