7.4 18-2341 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, (D) Require 500 Kirkham. LLC To Pay A $1 Million Workforce Training Payment Directly To The Following Entities In The Amounts Specified: (I) $300.000 To The West Oakland Job Resource Center; II) $300.000 To The Workforce Collaborative; (Ill) $200.000 To Civicorps; And (IV) $200.000 To The West Oakland Youth Center, By The Date And With The Form Of Evidence Specified By The City Administrator, And (E) Require Evidence Of A Funding Commitment For The West Oakland Shuttle, And (2) To Make The Determination That An Addendum Pursuant To CEQA Guidelines Section 15164 Is Appropriate And Alternatively, The Project Is Exempt From CEQA Pursuant To CEQA Guidelines Sections 15168, 15183, And 15183.3