Meeting Time: June 06, 2019 at 10:45am PDT
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Agenda Item

4.18 18-1957 Subject: Henry J. Kaiser Convention Center - Lease And Development Agreement From: Economic And Workforce Development Department Recommendation: Adopt An Ordinance Authorizing: (A) The City Administrator To Negotiate And Execute A Lease Disposition And Development Agreement, A Lease Of Up To Ninety-Nine Years, And Related Documents Between The City Of Oakland And Oakland Civic, LLC, Or Its Affiliate For The Henry J. Kaiser Convention Center, Located At 10 Tenth Street; (B) Establishment Of An Annual Fund To Be Funded By Tenant From Net Annual Revenue For Use By A To-Be-Formed Nonprofit Calvin Simmons Theatre Operator ("Theatre Nonprofit"); (C) A Grant Up To $100,000 For Subsurface Hazardous Materials Remediation To Oakland Civic, LLC; And (D) A Grant Of $3,000,000 To A To-Be-Formed Nonprofit Calvin Simmons Theatre Operator For Theatre Rehabilitation Costs; On The June 25, 2019 Community And Economic Development Committee Agenda And On The July 9, 2019 City Council Agenda As A Public Hearing