Cities Index.
NOTICE AND DIGEST

Rules & Legislation Committee
April 18, 2024

Document
NOTICE AND DIGEST
Meeting
April 18, 2024
Body
Rules & Legislation Committee
Original file
22 KB
Text extracted from the city's file for reading and search. Open the original on oakland.legistar1.com. That file is the official record.

NOTICE AND DIGEST

AN ORDINANCE AUTHORIZING THE CITY ADMINISTRATOR TO EXECUT E

A PURCHASE AND SALE AGREEMENT WITH THE COUNTY OF ALA MEDA TO ACQUIRE THE COUNTY’S UNDIVIDED 50 PERCENT INTEREST FOR

ELEVEN MILLION EIGHT HUNDRED FIFTY THOUSAND DOLLARS
($11,850,000), TO SELL IT, TOGETHER WITH THE CITY’S UN DIVIDED 50

PERCENT INTEREST IN PROPERTY, FORMERLY KNOWN AS THE R AIDERS TRAINING FACILITY, LOCATED AT 1150 AND 1220 HARBOR BAY PARK- WAY, ALAMEDA, CALIFORNIA, TO PROLOGIS, L.P. OR ITS AFFIL IATE, FOR TWENTY-FOUR MILLION DOLLARS ($24,000,000), CONDITIO NED ON

A LEASE TO OAKLAND PRO SOCCER LLC OR ITS AFFILIATE, OW NER OF THE OAKLAND ROOTS AND SOUL SOCCER TEAMS; AND ADOPTING CAL-

IFORNIA ENVIRONMENTAL QUALITY ACT FINDINGS
AnOrdinanceauthorizingthenegotiationandexecutio nofaPurchase andSaleAgreementwiththeCountyofAlameda(“Cou nty”)toacquire its50percentundividedinterestinthePropertyforElevenMillionEight HundredFiftyThousandDollars($11,850,000),tose llit,togetherwith theCity’s50percentundividedinterestinproperty,formerlyknownas theOaklandRaidersTrainingFacility,locatedat115 0and1220Harbor BayParkway,Alameda,California,toPrologis,L.P. oritsaffiliate,for Twenty-Four Million Dollars ($24,000,000), conditioned on a lease to OaklandProSoccerLLCoritsaffiliate,owneroftheOaklandRootsand Soulsoccerteams;andadoptingCaliforniaEnvironmen talQualityAct findings
Notice of Publication
ThisOrdinancewasintroducedattheCityCouncilmeet ing,Tuesday evening April 30, 2024 ,andpassedtoprint 7 Ayes 1 Excused Fife .Final adoptionhasbeenscheduledfortheCityCouncilmeet ing Tuesday, May 7, 2024, 3:30 P.M. ,atOneFrankH.OgawaPlaza,CouncilChamber, 3rdfloor,Oakland,CaliforniaandviaTeleconference.

Threefullcopiesareavailableforuseandexaminationbythepublicin theOfficeoftheCityClerkatOneFrankH.OgawaP laza,1stfloor,Oak- land,California.

ASHAREED,CityClerk
OT 6826550; May 3, 2024

← All documents from this meeting