Subject: Oakland Bulk And Oversized Terminal, LLC V. City Of Oakland From: Office Of The City Attorney Recommendation: Adopt A Resolution Authorizing And Directing The City Attorney To Enter Into A Partial Settlement In The Case Of Oakland Bulk And Oversized Terminal, LLC V. City Of Oakland, Alameda County Superior Court Case No. RG18930929, And City Of Oakland V. Oakland Bulk And Oversized Terminal, LLC, Alameda County Superior Court Case No. RG20062473, City Attorney File Nos. X04624 And X04624-1, By Waiving The City’s Potential Entitlement To Back Rent During The Period Of The Parties’ Litigation, Agreeing To Perform Certain Administrative Steps To Move The Project Forward, And Agreeing To Engage In Further Discussions Related To Potential Modifications Of The Ground Lease In Exchange For A Reduction In Post-Judgment Attorneys’ Fees And Costs Payable By The City (Department Of Economic & Workforce Development - Breach Of Contract)

City Resolution Passed Introduced November 20, 2025

Where it was heard