Agenda Item
5.5 24-0051 Subject: Authorization Of Liberation Park Mixed-Use Development LDDA And DDA
From: Economic & Workforce Development Department
Recommendation: Adopt The Following Pieces Of Legislation:
1) An Ordinance Authorizing The City Administrator To Negotiate And Execute A Disposition And Development Agreement Between The City Of Oakland And Liberation Park Market Hall, Or Its Affiliates, For The Sale Of A Portion Of The Property Located At 73rd Avenue And Foothill Boulevard (Parcel 1) And Development Of A Mixed-Use Market Hall And Cultural Center, For The Appraised $994,996 Fair Market Value, With A Term Of Two And One-Half Years With Two One-Year Administrative Extension Options; And Adopting California Environmental Quality Act Findings