Oakland has taken a big step towards securing funds that will save the city from major budget cuts by signing a term of agreement for the sale of the Coliseum stadium. Mayor Sheng Thao and City Administrator Jestin Johnson signed the term agreement with the African American Sports and Entertainment Group (AASEG) on Tuesday morning. The agreement lays out the plan for the sale including payment scheduling and deed restrictions.
The post Oakland Narrowly Avoids Major Budget Cuts With Newly Signed Deal For Coliseum Sale first appeared on Post News Group.
