S12 21-0854 Subject: Coliseum Site ENA From: Vice Mayor Kaplan Recommendation: Adopt One Of The Following Two Options: 1) Resolution Authorizing The City Administrator, Or Designee, To Enter Into An Exclusive Negotiating Agreement (ENA) With The Stewart Property Group, LLC, Dave Stewart And Lonnie Murray, Or An Affiliated Entity, With A Term Of Eighteen (18) Months , With One Administrative Option To Extend For Six (6) Months, Subject To Payment Of A Non-Refundable ENA Fee Of $200,000 Per Year And Project Expense Payments For Actual City Costs Incurred, To Negotiate Potential Terms For The Acquisition And Development Of The City's Share Of The Oakland Coliseum Complex, Consisting Of Various Parcels Bounded By San Leandro Street, 66th Avenue, Hegenberger Road And Interstate 880, Including Potential Terms For Purchase, Lease, And/Or Partnership;A Financial Plan; And Community Benefits; Or - City of Oakland

Meeting: * Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council on 2021-11-16 1:30 PM - Please See The Agenda To Participate In The Meeting

Meeting Time: November 16, 2021 at 1:30pm PST

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Agenda Item

S12 21-0854 Subject: Coliseum Site ENA From: Vice Mayor Kaplan Recommendation: Adopt One Of The Following Two Options: 1) Resolution Authorizing The City Administrator, Or Designee, To Enter Into An Exclusive Negotiating Agreement (ENA) With The Stewart Property Group, LLC, Dave Stewart And Lonnie Murray, Or An Affiliated Entity, With A Term Of Eighteen (18) Months , With One Administrative Option To Extend For Six (6) Months, Subject To Payment Of A Non-Refundable ENA Fee Of $200,000 Per Year And Project Expense Payments For Actual City Costs Incurred, To Negotiate Potential Terms For The Acquisition And Development Of The City's Share Of The Oakland Coliseum Complex, Consisting Of Various Parcels Bounded By San Leandro Street, 66th Avenue, Hegenberger Road And Interstate 880, Including Potential Terms For Purchase, Lease, And/Or Partnership;A Financial Plan; And Community Benefits; Or

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