3.21 24-0607 Subject: Fourth Amendment To 2100 Telegraph Avenue DDA From: Economic And Workforce Development Department Recommendation: Adopt An Ordinance Authorizing The City Administrator To Execute A Fourth Amendment Of The Disposition And Development Agreement Between The City Of Oakland And W/L Telegraph Owner, L.L.C. For Development Of 2100 Telegraph Avenue, To Add Two Alternatives To The Project Description, And Modify And Add Potential Term Extensions With Payments Of $700,000 In 2024, $500,000 In 2028, $600,000 In 2030, And $700,000 In 2032; And Adopting California Environmental Quality Act Findings; On The July 16, 2024 City Council Agenda On Non-Consent - City of Oakland

Meeting: *Rules and Legislation Committee - CANCELLED on 2024-06-20 10:30 AM - AT THE CALL OF THE CHAIR,THIS MEETING HAS BEEN CANCELLED DUE TO LACK OF A QUORUM. THE NEXT RULES AND LEGISLATION COMMITTEE MEETING IS SCHEDULED TO BE HELD ON THURSDAY JULY 11, 2024 AT

Meeting Time: June 20, 2024 at 10:30am PDT

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Agenda Item

3.21 24-0607 Subject: Fourth Amendment To 2100 Telegraph Avenue DDA From: Economic And Workforce Development Department Recommendation: Adopt An Ordinance Authorizing The City Administrator To Execute A Fourth Amendment Of The Disposition And Development Agreement Between The City Of Oakland And W/L Telegraph Owner, L.L.C. For Development Of 2100 Telegraph Avenue, To Add Two Alternatives To The Project Description, And Modify And Add Potential Term Extensions With Payments Of $700,000 In 2024, $500,000 In 2028, $600,000 In 2030, And $700,000 In 2032; And Adopting California Environmental Quality Act Findings; On The July 16, 2024 City Council Agenda On Non-Consent