CITY OF OAKLAND

e fi rO in ter e L
City Manager
To Attention

Henry

Gardner

April
Date

20

1993

City Attorney s
1 ft

Office

ORDINANCE

REDUCING

THE

PORT

AREA

RE

22

ACRE

OAKPORT

PROPERTIES

ject u
The

City Attorney s
the Port Area

consider
reduce

Office recommends that the City Council introduction and first reading of an ordinance to

the

by approximately
15 1992
the

22

acres

On Oakland entered of

or

about

December

and the Board of Port Commissioners

into a Memorandum of Certain Port Property to

terms and

forth
acres

City of City of Oakland Understanding Regarding the Transfer the City Council MOU which set
of the the transfer of

City

Council of the

conditions the

for

of land

from

s to the Council Board s and Port staff

concur

approximately
and

30

control that

diction

juris

it is in both the City s mutual interests to exclude the smaller s and the Port parcel of approximately 8 acres from the transfer The exclusion of the smaller parcel from the transfer will be reflected in an amendment to the MOU for which staff will seek authorization to enter into from the City Council sometime in the near future
The Transfer MOU also for set the that forth
a

However

City

procedure
of the

Price
use

transfer
the

procedure
and best

property be appropriate environmental investigation to determine the presence of any hazardous substances City and Port staff negotiated an Estimated Cost of Remediation for the property
After The

required

determining the The subject property appraised at its highest

for

Estimated

appraised
Cost

was

Price for the approximately 22 acres to be transferred to the determined by both City and Port staff to be
Once

Remediation was then deducted from the determine the Transfer Price The Estimated of Remediation was established at 000 and the Transfer 125
value to

Cost

of

City

875 8 000
the MOU

the Transfer Price has to

been

the

determined
and

Port

consider

the

introduction

first

ordinance
to the the MOU of its and

requires reading of an

first

ordinance reading

relinquishing control and jurisdiction over the property City upon the satisfaction of all terms and conditions of pertaining to the transfer After the Port s first reading
the of

City

an

Council ordinance

is to consider the
the

introduction
upon the

satisfaction of the same terms and conditions The Board of Port Commissioners considered the introduction and first reading of its ordinance on April 20 1993 and we recommend that the City Council also consider the introduction and first s reading of the Council
ordinance at its Council ordinance

reducing

Port Area

April 20
is
on

1993

file

in

the

meeting City

A copy of the Clerk Office s

proposed

5
o soo rit r

J i

Memorandum

to 1993

Henry

Gardner

April 20
Page
2

The

Board of the

of

Port

Commissioners
on

will

consider

the

second

reading

s ordinance Port

May

Council will not consider the second reading ordinance until July 6 1993 to allow the Port to a subdivision map of the

1993
of

but the

the

City

complete

Council and file

property

JIAy W WILLIAMS F

tv A

Approved
the

for

Forwarding

to

Council

City

ager

Attorney Assigned Donnell W Choy

SI
P