4 15-0920 Subject: Authorizing Purchase Of Oak Center Cultural Center From: Council President Gibson McElhaney Recommendation: Adopt An Ordinance Authorizing The City To Purchase The Oak Center Cultural Center At 1121 14th Street To Redeem The Property For Back Taxes For A Price Equal To The Amount Of Property Taxes Owed Not To Exceed $150,000 To Preserve A Vital Community Resource And Anchor Institution Of The Black Arts Movement And Business District - City of Oakland

Meeting: * Special Concurrent Meeting of the Oakland Redevelopment Successor Agency and Community & Economic Development Committee on 2016-06-28 1:00 PM

Meeting Time: June 28, 2016 at 1:00pm PDT

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Agenda Item

4 15-0920 Subject: Authorizing Purchase Of Oak Center Cultural Center From: Council President Gibson McElhaney Recommendation: Adopt An Ordinance Authorizing The City To Purchase The Oak Center Cultural Center At 1121 14th Street To Redeem The Property For Back Taxes For A Price Equal To The Amount Of Property Taxes Owed Not To Exceed $150,000 To Preserve A Vital Community Resource And Anchor Institution Of The Black Arts Movement And Business District