File #: 19-2411    Version: 1 Name: First Amendment to Ground Lease - City of Oakland - Sobrante Park
Type: Agreement or Contract Status: Passed
File created: 11/14/2019 In control: General Counsel
On agenda: 11/20/2019 Final action: 11/20/2019
Enactment date: 11/20/2019 Enactment #: 19-1753
Title: Approval by the Board of Education of First Amendment to Ground Lease between the District and the City of Oakland, regarding the Recreational Facilities Sobrante Park, located at 470 El Paseo Drive, Oakland, CA, modifying the Ground Lease to carry out the improvements of the proposed Community-led Renovation of Sobrante Mini Park (the "Renovation Project"), in accordance with the terms and conditions contained herein, including but not limited to extending the time of the Lease commencing on the date on which the Board of Education executes this Agreement and shall continue for a period of thirty (30) years, until 2049, with City granted one option to renew for an additional 30 years. All other terms and conditions of the Ground Lease remain in full force and effect.
Attachments: 1. 19-2411 First Amendment to Ground Lease - City of Oakland - Sobrante Park
Contact: Josh.Daniels@ousd.org

Title

Approval by the Board of Education of First Amendment to Ground Lease between the District and the City of Oakland, regarding the Recreational Facilities Sobrante Park, located at 470 El Paseo Drive, Oakland, CA, modifying the Ground Lease to carry out the improvements of the proposed Community-led Renovation of Sobrante Mini Park (the “Renovation Project”), in accordance with the terms and conditions contained herein, including but not limited to extending the time of the Lease commencing on the date on which the Board of Education executes this Agreement and shall continue for a period of thirty (30) years, until 2049, with City granted one option to renew for an additional 30 years. All other terms and conditions of the Ground Lease remain in full force and effect.