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<br />IN THE REDEVELOPMENT AGENCY <br />OF THE CITY OF SAN LEANDRO <br /> <br />RESOLUTION NO. 2006 - <br /> <br />A RESOLUTION OF THE REDEVEI,OPMENT AGENCY OF TilE CITY OF SAN LEANDRO <br />APPROVING AN OWNER PARTICIPATION AGREEMENT (OPA) BETWEEN THE SAN <br />LEANDRO REDEVELOPMENT AGENCY AND JOHN AND MUSA FRANCISCO, OWNERS <br />OF VILA CEREJA RESTAURANT, FOR THE DEVELOPMENT OF PROPERTY LOCA TED <br />IN THE WEST SAN LEANDRO/MACARTHUR BOULEVARD REDEVELOPMENT <br />PROJECT AREA LOCATED AT 1041-1045-1051 MACARTHUR BOULEVARD (APN'S 076- <br />0350-007-01 AND 076-0350-008-00) <br /> <br />RECITALS <br /> <br />WHEREAS, the Redevelopment Agency desires to alleviate blight in the Redevelopment <br />Area by encouraging the development of new uses in the Project Area. <br /> <br />WHEREAS, the Redevelopment Agency desires to encourage land uses that are consistent <br />with the West San Leandro/MacArthur I30ulevard Redevelopment Project Area and compatible with <br />surrounding uses. <br /> <br />WHEREAS, John and Musa Francisco (the "Owner") desires to design, develop and <br />construct improvements necessary to upgrade the Vila Cereja Restaurant on MaeArthur Boulevard. <br /> <br />WI IEREAS, the Agency and the Owner have negotiated the Owner Participation Agreement <br />whereby the Owner shall further develop the property. <br /> <br />WHEREAS, the Agency tinds and declares that the Owner Participation Agreement will <br />assist in preventing the spread of blight in the Project Area, through the provision of upgraded <br />construction and new employment opportunities in the Project Area and by pennitting the property to <br />be developed in a manner compatible and consistent with the existing Implementation Plan and <br />Redevelopment Plan. <br /> <br />WHEREAS, the Agency finds and declares that environmental review of this Agreement is <br />not required pursuant to CEQA Guidelines Section 15332. <br /> <br />N()W, THEREFORE, the Redevelopment Agency of the City of San Leandro hereby <br />approves the Owner Participation Agreement and a grant not to exceed $350,000 to John Francisco <br />for identified improvements, and directs the Executive Director to execute the Owner Participation <br />Agreement and any and all other documents necessary to implement the terms and conditions <br />thereof <br />