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<br />IN THE REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO <br /> <br />RESOLUTION NO. 2007-005 RDA <br /> <br />(311 7) <br /> <br />A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO <br />APPROVING AN OWNER P ARTICIP ATION AGREEMENT (OP A) BETWEEN THE SAN <br />LEANDRO REDEVELOPMENT AGENCY AND THE BARBARA M. BROOKS SEPARATE <br />PROPERTY TRUST FOR THE REHABILITATION OF PROPERTY LOCATED IN THE <br />ALAMEDA COUNTY/CITY OF SAN LEANDRO REDEVELOPMENT PROJECT AREA <br />LOCATED AT 14833 EAST 14TH STREET (APN 077D-1475-014-00) <br /> <br />RECITALS <br /> <br />WHEREAS, the Redevelopment Agency desires to alleviate blight in the Redevelopment <br />Area by encouraging significant renovation projects, and improving the appearance of businesses and <br />properties in redevelopment areas; and <br /> <br />WHEREAS, the Redevelopment Agency also desires to support changes in land use in <br />accordance with the East 14th Street South Area Development Strategy and to promote property <br />improvements for ongoing benefit of the project area; and <br /> <br />WHEREAS, the Barbara M. Brooks Separate Property Trust (the "Owner") desires to <br />undertake an interim, short term commercial use ofthe property located at 14833 East 14th Street for <br />a period not to exceed five (5) years; and <br /> <br />WHEREAS, the Agency and the Owner have negotiated the Owner Participation Agreement <br />whereby the Owner shall improve the property with landscaping and building improvements for the <br />interim use; and <br /> <br />WHEREAS, the Agency finds 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 in a manner compatible and consistent with the existing Implementation Plan and <br />Redevelopment Plan; and <br /> <br />WHEREAS, the Agency finds and declares that environmental review ofthis Agreement is <br />not required pursuant to CEQA Guidelines Section 15332. <br /> <br />NOW, THEREFORE, the Redevelopment Agency of the City of San Leandro hereby <br />approves the Owner Participation Agreement and directs the Executive Director to execute the <br />Owner Participation Agreement and any and all other documents necessary to implement the terms <br />and conditions thereof. <br />