3.5 25-0560 Subject: Extension Of Oakland Ballers License Agreements From: Economic And Workforce Development Department And Councilmember Fife Recommendation: Adopt An Ordinance (1) Authorizing The City Administrator To Negotiate And Execute License Agreements With The Oakland Ballers, A Minor League Baseball Team, For Use Of (A) The Raimondi Park Baseball Field For A Term Of Ten Years At A Base Rate Of One Thousand Dollars ($1,000) Per Month With An Annual Three Percent (3%) Increase And Additional Rent Of Fifty Cents ($0.50) Per Paid Admission With An Annual Three Percent (3%) Increase, Fifty Percent (50%) Of Naming Rights Revenue And Twenty Percent (20%) Of Business And Advertising Sign Revenue And (B) 1707 Wood Street For Special Event Parking For A One Year Term With Two 1-Year Options At A Rate Of Five Hundred Dollars ($500) Per Month; (2) Making Appropriate California Environmental Quality Act Findings; On The March 25, 2025 Community And Economic Development Committee Agenda