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26-0827

Subject: Seminary Point - Debt And Rent Forgiveness From: Economic And Workforce Development Department Recommendation: Adopt An Ordinance Authorizing The Forgiveness Of Outstanding And Future Rent Balances In An Amount Of Up To $40,000 For Seminary Point, LLC, Pursuant To A Ground Lease With The City, Contingent On The Sale Or Transfer of The Leasehold Interest In The Property To A Qualified Purchaser; And Making California Environmental Quality Act Findings

Ordinance Introduced In Council Introduced June 22, 2026

What this record is

Held by
Seminary Point, LLC
Amount
$40K
Runs until
no end date published in this record
Type
purchase
Field
Real estate

Read automatically from the title of the official record. The source document below is authoritative.

Committee
* Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council
Requested by
Economic & Workforce Development Department
Introduced
June 22, 2026
On agenda
September 15, 2026

Where it was heard

* Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council Jul 21, 2026 Approved On Introduction and Scheduled for Final Passage Pass *Rules & Legislation Committee Jul 16, 2026 Scheduled *Community & Economic Development Committee Jul 14, 2026 Approved the Recommendation of Staff, and Forward Pass *Rules & Legislation Committee Jul 9, 2026 Scheduled *Rules & Legislation Committee Jun 25, 2026 Scheduled