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Agenda Item

10 21-0590 Subject: Status Of Negotiations With AASEG Regarding Potential General, Non-Binding Term Sheet With The JPA For Use Of The Oakland-Alameda County Arena By A Future Local WNBA Team From: Vice Mayor Kaplan Recommendation: Receive An Oral Report From Henry L. Gardner, Executive Director Of The Oakland-Alameda County Joint Powers Authority ("JPA"), On (A) Status Of Negotiations With The African American Sports And Entertainment Group ("AASEG") Regarding Potential General, Non-Binding Terms Of A License Agreement ("Term Sheet") With The JPA For Use Of The Oakland-Alameda County Arena By A Future Local Team To Be Affiliated With The Women's Basketball League Known As The Women's National Basketball Association; And (B) Next Steps, Including JPA Board's Anticipated Consideration Of A Resolution Approving The General, Non-Binding Term Sheet Regarding A Potential License Agreement With AASEG At The JPA Board's July 30, 2021 Meeting; And (2) Potential Council Action Providing Direction To The Council's Representatives On The JPA Board Regarding Their Votes On The Resolution The JPA Board Will Consider On July 30, 2021