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Agenda Item
3.3 24-0505 Subject: Purchase And Sale Agreement For Oakland's Undivided 50 Percent Interest In The Oakland Coliseum.
From: Councilmember Kaplan
Recommendation: Adopt An Ordinance Authorizing The City Administrator To Negotiate And Execute A Purchase And Sale Agreement With AASEG Land LLC, A Delaware Limited Liability Company, Or Its Affiliate, For The Sale Of The City Of Oakland's Undivided 50 Percent Interest In Property Located At 7000 Coliseum Way, Oakland, California, For One Hundred Five Million Dollars ($105,000,000) To Be Paid In Installments And Conditioned On Development Of On-Site Affordable Housing And Other Benefits; And Adopting California Environmental Quality Act Findings; On The June 12, 2024 Special City Council Agenda On Non-Consent
Agenda Item
3.3 24-0505 Subject: Purchase And Sale Agreement For Oakland's Undivided 50 Percent Interest In The Oakland Coliseum. From: Councilmember Kaplan Recommendation: Adopt An Ordinance Authorizing The City Administrator To Negotiate And Execute A Purchase And Sale Agreement With AASEG Land LLC, A Delaware Limited Liability Company, Or Its Affiliate, For The Sale Of The City Of Oakland's Undivided 50 Percent Interest In Property Located At 7000 Coliseum Way, Oakland, California, For One Hundred Five Million Dollars ($105,000,000) To Be Paid In Installments And Conditioned On Development Of On-Site Affordable Housing And Other Benefits; And Adopting California Environmental Quality Act Findings; On The June 12, 2024 Special City Council Agenda On Non-Consent