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Concurrent Meeting of the Oakland Redevelopment Successor Agency / City Council / Geologic Hazard Abatement District Board on 2019-05-21 5:30 PM
Meeting Time: May 21, 2019 at 5:30pm PDT
Closed for Comment May 20, 2019 at 5:30pm PDT
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S17 18-1824 Subject: Naming Rights Agreement For Oakland-Alameda County Coliseum From: Council President Kaplan, Vice Mayor Reid And City Attorney Parker Recommendation: Adopt A Resolution Authorizing The Council's Representatives On The Oakland- Alameda County Coliseum Joint Powers Authority ("JPA") Board To Vote To Approve The Naming Rights Licensing Agreement Between The JPA And Ringcentral, Inc, For The Oakland-Alameda County Coliseum With (1) A Three Year Term Ending June 30,2022, (2) An Annual Licensing Fee Of One Million Dollars ($1,000,000), (3) An Option For Ringcentral To Extend The Agreement For An Additional 12 To 18 Months And (4) Ringcentral's Right To Rename The Coliseum Ringcentral Stadium (Or Such Other Name That Ringcentral Selects) For The Term Along With The Replacement Of Relevant Signage, Media Collateral, And Marketing Materials
CONTINUATION OF OPEN FORUM
ADJOURNMENT OF COUNCIL SESSION (Meeting Shall Conclude No Later Than 12:00 A.M., Unless Extended By Majority Vote Of The Council)
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