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

What this record is

Held by

000 For Seminary Point, LLC

Amount

$40K

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

purchase

Field

Real estate

real estate contracts in CA that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

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

Passed

September 15, 2026

Enactment no.

13897 C.M.S.

Where it was heard

* Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council Sep 15, 2026 Approved for Final Passage Pass * 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

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