Laserfiche WebLink
<br />REDEVELOPMENT AGENCY OF <br />THE CITY OF SAN LEANDRO <br /> <br />STAFF REPORT <br /> <br />APPROVED AND <br />FORWARDED <br />TO REDEVELOPMENT <br />AGENCY <br /> <br />DATE: <br /> <br />March 19, 2007 <br /> <br /> <br />J ermanis <br />ve Director <br /> <br />TO: <br /> <br />John Jermanis, Executive Director <br />Redevelopment Agency <br /> <br />FROM: <br /> <br />Luke Sims, Business Development Manager <br />Office of Business Development <br /> <br />BY: <br /> <br />Ryan Evans, Development Planner <br />Office of Business Development <br /> <br />SUBJECT PROJECT/PROJECT DESCRIPTION: <br /> <br />MATTER OF AN OWNER PARTICIPATION AGREEMENT (OPA) BETWEEN WHITE <br />HOUSE EVENTS, LLC. AND THE REDEVELOPMENT AGENCY OF THE CITY OF SAN <br />LEANDRO FOR THE REDEVELOPMENT OF REAL PROPERTY LOCATED AT 599 MAC <br />ARTHUR BOULEVARD (APNNUMBER: 076032600901). <br /> <br />SUMMARY AND RECOMMENDATION <br /> <br />In accordance with the previously approved Commercial Rehabilitation Program, White House <br />Events, LLC, located at 599 MacArthur Boulevard, has requested funding in an amount not to <br />exceed $50,000 to assist with the redevelopment of their property. Staff recommends approval <br />of the attached resolution that authorizes an OP A, and directs the Executive Director to execute <br />said OPA and appropriate funds in the amount up to $50,000 from the West San <br />Leandro/MacArthur Boulevard Redevelopment Project Area fund balance. <br /> <br />BACKGROUND <br /> <br />Analvsis <br />The property located at 599 MacArthur Boulevard encompasses approximately 4,900 square feet <br />of land at MacArthur Boulevard and Lewis Avenue. The most recent use of the property was as <br />Freddie's Showcase Bar, owned and operated by the property's previous owner. Approximately <br />six years ago, Redevelopment Agency staff engaged the previous property owner in discussions <br />to explore the opportunity of an exterior remodel and/or fayade improvement to the site through <br />the means of the Agency-sponsored Commercial Rehabilitation Program. Those discussions <br />never materialized into exterior improvements at the site and in subsequent years the property <br />was sold to the current owner, White House Events, LLC. <br /> <br />In 2005, Agency staff contacted the current owner of 599 MacArthur Boulevard in an attempt to <br />facilitate redevelopment at the site. In 2006, staff met with the current owners to discuss their <br />plans for the property. At that meeting, the owners shared with staff their plans to completely <br />renovate the interior and the exterior of the building and, once finished with the renovation, use <br />