Dossier
Ray Bobbitt
Coverage of Ray Bobbitt in the Nexus archive.
Alameda County Board of Supervisorsorganization1Oakland Coliseumplace1Oakland Acquisition Companyorganization1African American Sports and Entertainment Grouporganization1Elisa Marquezperson1David Haubertperson1Communities for a Better Environmentorganization1Surplus Lands Acttopic1Oakland Arenaplace1
- Alameda County supervisors approve new term sheet for sale of Coliseum property
Alameda County supervisors approved a non-binding term sheet for the sale of the Oakland Coliseum property to the Oakland Acquisition Company (OAC), an affiliate of the African American Sports and Entertainment Group. Key terms include a $115 million buy-sell agreement for half the site, environmental indemnification exemptions, and a June 30 closing deadline, though negotiations over environmental provisions remain ongoing.