Economic Development

7: Subject: Acceptance And Appropriation Of Workforce Development Funds For FY 2026-27 From: Economic And Workforce Development Department Recommendation: Adopt A Resolution Authorizing The Following Actions In Fiscal Year 2026-2027: (1) Accept And Appropriate Workforce Innovation And Opportunity (WIOA) Title I Formula Funds For Adult, Dislocated Worker, And Youth, And Rapid Response Services In An Amount Up To Four Million Eight Hundred Twenty-Seven Thousand Five Hundred Eighty-Seven Dollars ($4,827,587); (2) Accept And Appropriate California Volunteers Youth Service Corps Funding In An Amount Not To Exceed One Millon Nine Hundred Ninety-Three Thousand Nine Hundred Fourteen Dollars ($1,993,914) From California Volunteers Youth Service Corps Program For The Oakland Forward Initiative Through December 31, 2027; (3) Authorize The City Administrator To Execute Grant Agreements, Amendments, And Related Documents Necessary To Implement The Programs; And (4) Authorize The City Administrator To Apply For, Accept, And Appropriate Grants And Contributions For Workforce Development Services Beyond The WIOA Title I Formula Funding And Other Budgeted Funding Sources Up To Two Hundred Fifty Thousand Dollars ($250,000) Per Instance With The Approval Of The Oakland Workforce Development Board

S4: Subject: Seminary Point - Debt And Rent Forgiveness From: Economic And Workforce Development Department Recommendation:Adopt The Following Pieces Of Legislation: 1) A Resolution Authorizing The Forgiveness Of (A) A City Loan To Athena MT, LLC, Of Up To Two Million Dollars ($2,000,000) In Outstanding Principal, Plus All Accrued And Unpaid Interest And Fees, And (B) A City Revolving Line Of Credit To Siavash Afshar With A Final Outstanding Balance Of One Million Five Hundred Thousand ($1,500,000), Plus Accrued And Unpaid Interest And Fees For The Foothill Seminary Point Retail Project, Each Contingent Upon The Sale Or Transfer Of The Project To A Qualified Purchaser; And Making Appropriate California Environmental Quality Act Findings; And

2) A Resolution (1) Authorizing The City Administrator To Remove Delinquent City Of Oakland Vacant Property Tax Liens On Certain Tax Defaulted Properties, For A Period Of Four Years, To Facilitate The Development Of These Properties Into Affordable Housing Via Alameda County’s Chapter 8 Tax Sale Program, (2) Acknowledging The Transmutation Of These Vacant Property Tax Liens Into Prorated Chapter 8 Sales Proceeds That Will Be Paid To The City Of Oakland, And (3) Limiting The Aggregate Amount Of Liens Removed Pursuant To This Authorization To A Nominal Value Not To Exceed Ten Million ($10,000,000) Dollars [TITLE CHANGE]

S3: Subject: Chapter 8 Tax Sale Authorization From: Housing And Community Development Department Recommendation: Adopt The Following Pieces Of Legislation: 1) A Resolution (1) Authorizing The City Administrator To Remove Delinquent City Of Oakland Code Enforcement Liens And Unliened Fees, Costs, Assessments And Civil Penalties On Certain Tax Defaulted Properties, For A Period Of Four Years, To Facilitate The Development Of These Properties Into Affordable Housing Via Alameda County’s Chapter 8 Tax Sale Program, And (2) Limiting The Aggregate Amount Of Liens Removed Pursuant To This Authorization To A Nominal Value Not To Exceed Ten Million ($10,000,000) Dollars, And (3) Acknowledging The Transmutation Of These Code Enforcement Liens, Et. Al. Into Prorated Chapter 8 Sales Proceeds That Will Be Paid To The City Of Oakland; And

3: Subject: Costco Exclusive Negotiation Agreement From: Economic And Workforce Development Department Recommendation: Adopt A Resolution (1) Authorizing The City Administrator To Negotiate And Execute An Exclusive Negotiation Agreement With Costco Wholesale Corporation For Development Of A Costco Store On City Property Located At 101 Admiral Robert Toney Way And 2308 Wake Avenue, For A 24 Month Term, Conditioned On A $300,000 Exclusive Negotiation Payment, With Two Additional Six-Month Administrative Extensions, Each Conditioned On Payment Of An Additional $25,000; (2) Waiving Competitive Bidding Under Oakland Municipal Code Chapter 2.42; And (3) Adopting California Environmental Quality Act Findings