Minutes 2001 1113 - Laserfiche WebLink

Home

Minutes - San Leandro Redeveloprnent Agency Special Meeting -- November 13,2001 Page 3 of San Leandro for the Disposition and Development of a P0I1ion of the Property Located at 467 Marina Boulevard (APN #075-0087-003-02), 505 Marina Boulevard (APN 11075-0087-004-04) and 517 Marina Boulevard (APN #075-0087 -004-06). The City Manager/Executive Director of the Agency gavc the staff report on the modifications to the Disposition and Development Agreements with the Batarse Family Trust and Lavery California Dealership Properties No. I, LLC. Luke Sims, Ofliee of Business Development, went over details of the modilications as follows: · The purehase and resale of the Yokota Nursery property is intended to extend auto sales on Marina Boulevard consistent with the Redevelopment Plan. The Agency will close escrow on the prope/1y in a voluntary transaction, process a lot I ine adjustment that turns the three nursery parcels into two, and sell the new parcels to two auto dealership developers. · The development plan for the Yokota Nursery property has changed slightly since development agreements were approved with the two developers on October I. The Agency is being asked to authorize amendments to the DDAs, retlecting these changes. · The plan had included reserving land in the middle of the nursery property to be developed as a new public road. IIowever, issues including dealership site planning and traffic concerns make developing a public road infeasible at the site. Instead, the two developers will cooperatively maintain a reciprocal easelllent for a driveway in between the two new dealerships. The amendments discuss the driveway easement and elirninate the requirement for the Agency/City to hold land for a public road. They also require the developers to use their best eHorts to provide emergency access to the adjacent Hudson Lumber property on one or both of the fomler nursery parcels. · The parcels sold to the dealerships will be larger as a result. The new lot line adjustrl1ent map will be recorded at escrow. However, since the map was created there have been changes in site plans necessitating a second lot line adjustment to be completed aller escrow. Tbis provision is included in the amendments to the DDAs. The total land area for each dealer will not change. · The amendments also allow one dealer to leave the project if the City's remediation plan is not approved by the Regional Water Quality Board within a month. The closure on this issue is expected within two weeks.