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Agenda Item

20-0796 3) A Resolution Awarding A Grant To Calvin Simmons Theatre, Or A Related Entity Or Affiliate (CST), For A Term Of 30 Months To Be Used For The Renovation Of The Calvin SimmonsTheatre And Related Improvements, Consistent With A Lease Disposition And Development Agreement Between The City Of Oakland And Oakland Civic, LLC, In An Amount Not To Exceed $12 Million, Disbursable By The City To CST In Progress Payments Subject To Certain Restrictions And Receipt Of Funds Pursuant To The Terms Of A Naming Rights Agreement For The Property