City to Sell Kaiser Center to Redevelopment Agency

Based on budget proposals made by councilmembers late last week, it seems obvious that the city council plans to approve Mayor Jean Quan’s plan for the city to sell the shuttered Henry J. Kaiser Center to Oakland’s Redevelopment Agency for $28.3 million. In fact, all of the three budget proposals made by the eight councilmembers contemplate using proceeds from the sale of the Kaiser Center to help close Oakland’s $58 million general fund deficit.