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Agenda Item
5.4 24-0607 Subject: 2100 Telegraph Avenue, Fourth DDA Amendment
From: Economic And Workforce Development Department
Recommendation: Adopt An Ordinance Authorizing The City Administrator To Execute A Fourth Amendment Of The Disposition And Development Agreement Between The City Of Oakland And W/L Telegraph Owner, L.L.C., For Development Of 2100 Telegraph Avenue, To Add Two Alternatives To The Project Description, And Modify And Add Potential Term Extensions With Payments Of $700,000 In 2024, $500,000 In 2028, $600,000 In 2030, And $700,000 In 2032; And Adopting California Environmental Quality Act Findings