Oakland News Now – Oakland City Council Passes African American Sports & Entertainment Group Term Sheet In 6-0-2 Vote – vlog by Zennie62 YouTube
Oakland City Council Passes African American Sports & Entertainment Group Term Sheet In 6-0-2 Vote
Oakland, CA-The Oakland City Council voted to approve a resolution brought forward by Vice Mayor Rebecca Kaplan to begin term sheet negotiations with the African American Sports & Entertainment Group to acquire the City’s 50% interests at the Coliseum Complex
This vote comes less than 4 days after the Joint Powers Authority approved a resolution to begin negotiating with the AASEG in their efforts to bring a WNBA team to Oakland.
With this action, the AASEG can formalize their negotiations with City Staff towards a Purchase and Sell Agreement for the Coliseum. The AASEG ‘s powerful public support was on full display during the public comment section of the City Council Meeting. Public comment expanded close to 2 hours with speakers having to be limited due to the popularity of the AASEG team.
During discussion, the Council complimented the extraordinary community outreach of the AASEG citing receipt of over 40 letters of support and complimenting the group’s effort in their community first development approach.
Speakers supporting the AASEG were filled with emotion, enthusiasm and excitement at the potential of the largest award of public land to an African American group in the city’s 169-year history.
A cross section of support from community groups, faith-based organizations, labor organizations, business leaders, and residents seemed to create a euphoric and electric energy in the meeting. The plan to revitalize the community through affordable housing, job creation, public services, hospitality, life sciences, education, retail, public space, and sports and entertainment seemed to create a sense of hope for members of the East Oakland community.
We look forward to continuously following this story for the latest continuing developing stories.
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