3.5 24-0110 Subject: Arroyo Viejo Recreation Center Food Hub Lease From: Office Of The City Administrator Recommendation: Adopt An Ordinance Amending Ordinance No. 13711 C.M.S. Authorizing The City Administrator To Negotiate And Execute A Lease Agreement With The Black Cultural Zone Development Corporation (BCZ) For The Arroyo Viejo Recreation Center For Food Distribution And Rentable Commercial Kitchen (Food Hub) For A Three Year Term Lease With Three 2-Year Options At A Rate Of Zero Dollars ($0.00) Per Year In Exchange For Tenant Improvements, And Making Findings That The Lease For Below Fair Market Value Is In The Best Interest Of The City; On The March 12, 2024, Community And Economic Development Committee Agenda - City of Oakland

Meeting: *Rules & Legislation Committee on 2024-02-15 10:30 AM

Meeting Time: February 15, 2024 at 10:30am PST

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Agenda Item

3.5 24-0110 Subject: Arroyo Viejo Recreation Center Food Hub Lease From: Office Of The City Administrator Recommendation: Adopt An Ordinance Amending Ordinance No. 13711 C.M.S. Authorizing The City Administrator To Negotiate And Execute A Lease Agreement With The Black Cultural Zone Development Corporation (BCZ) For The Arroyo Viejo Recreation Center For Food Distribution And Rentable Commercial Kitchen (Food Hub) For A Three Year Term Lease With Three 2-Year Options At A Rate Of Zero Dollars ($0.00) Per Year In Exchange For Tenant Improvements, And Making Findings That The Lease For Below Fair Market Value Is In The Best Interest Of The City; On The March 12, 2024, Community And Economic Development Committee Agenda