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Resolution 16333 CITY OF ALAMEDA RESOLUTION NO. 16333 AUTHORIZING THE CITY MANAGER TO ENTER INTO A THIRD AMENDMENT TO THE ECONOMIC DEVELOPMENT CONVEYANCE AGREEMENT TO MODIFY THE HOUSING FEE FOR THE FORMER NAVAL AIR STATION, ALAMEDA WHEREAS, the United States Department of the Navy ("Navy"), and the Alameda Reuse and Redevelopment Authority ("ARRA") (together, the Parties) entered into the Memorandum of Agreement for the Conveyance of Portions of the Naval Air Station Alameda in June 6, 2000 ("EDC Agreement"), pursuant to Section 2905(b)(4) of the Defense Base Closure and Realignment Act of 1990, as amended, and the implementing regulations of the Department of Defense (32 CFR Part 174); and WHEREAS, the Parties entered into Amendment No. 1 to the EDC Agreement on July 13, 2001; and WHEREAS, the Parties entered into Amendment No. 2 to the EDC Agreement on January 13, 2012; and WHEREAS, on February 7, 2012, the City Council adopted Resolution No. 14654, accepting assignment of ARRA's rights, obligations, responsibilities, duties and contracts, including the EDC Agreement and Lease in Furtherance of Conveyance; and WHEREAS, the Parties have found that the provisions of Amendment No. 2 related to the fee to be paid for market rate housing units in excess of the Baseline Residential Units are not in alignment with fair market value, and do not reflect the intent of the Parties; and WHEREAS, the Parties require additional changes related to the financial reporting requirements; and WHEREAS, the Parties now therefore desire to further amend the EDC Agreement to revise these terms to support the City's effort to advance additional housing development at the former Naval Air Station, Alameda. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Alameda, that the City Manager is authorized and directed to enter into Amendment No. 3 to the EDC Agreement. 1 I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda in a regular meeting assembled on the 21st day of October 2025, by the following vote to wit: AYES: Councilmembers Boller, Daysog, Jensen, Pryor and Mayor Ezzy Ashcraft— 5. NOES: None. ABSENT: None. ABSTENTIONS: None. IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the seal of said City this 22nd day of October 2025. Lara Weisiger, City Clerk City of Alameda APPROVED AS TO FORM: Yibin Shen, City Attorney City of Alameda 2