Meeting Time: September 12, 2019 at 10:45am PDT
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Agenda Item

4.20 18-2203 Subject: 500 Kirkham DDA Amendment From: Economic Workforce And Development Department Recommendation: Adopt An Ordinance To Amend Ordinance No. 13368 C.M.S. To Authorize A First Amendment To The Disposition And Development Agreement Between The City Of Oakland And 500 Kirkham, LLC To (1) (A) Change The Project Definition To Allow Development Consisting Of Three Buildings And 1,032 Residential Units, (B) Adjust The Affordable Housing Requirement To Include 85 Very Low Income Units On-Site And A $7.1 Million Payment To The Affordable Housing Trust Fund, (C) Allow The Project Schedule To Be Extended Annually For Up To Ten Years If Payment Of Extension Fees Are Made According To The Extension Schedule Shown In Exhibit A, And (D) Require Evidence Of A Funding Commitment For The West Oakland Shuttle, And (2) Make The Determination That An Addendum Pursuant To California Environment Quality Act (CEQA) Guidelines Section 15164 Is Appropriate And Alternatively, The Project Is Exempt From CEQA Pursuant To CEQA Guidelines Sections 15168, 15183, And 15183.3; On The September 24, 2019 Community And Economic Development Committee Agenda