However, the tentative approval is contingent upon further negotiations and clarifications after representatives of the City of Oakland on the board said they did not think the current proposal is adequate.
Alameda County Supervisor Scott Haggerty brokered the lease extension proposal. It seeks to extend the lease through the end of the 2007 baseball season, a time period chosen because it is the amount of time needed to build a facility made for only baseball.
Under the proposal, the A's would pay rent for their use of the coliseum, with a base established at $450,000 a year plus 50 cents for every ticket above 2 million sold.
The proposal also includes an escape clause, which would allow the A's to leave their lease with only 90 days notice, as long as they pay off the remaining lease payments plus $250,000.
The authority approved a five-year lease with three one-year extension options. The approval is contingent on further negotiations on the terms on the lease.
Whatever lease extension proposal is reached, the Alameda County Board of Supervisors and the Oakland City Council must approve it.
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