RDA Reso 2005-013 - Laserfiche WebLink

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IN THE REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO RESOLUTION NO. 2005-013 RDA (2888) RESOLUTION APPROVING THE REUSE REPORT REQUIRED BY HEALTH AND SAFETY CODE SECTION 33433 AND THE DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO AND 11 03 DAVIS STREET LLC FOR THE DISPOSITION AND DEVELOPMENT OF THE PROPERTY LOCATED AT 1103 DAVIS STREET (APN: 075-0120-061-04) RECITALS WHEREAS, the Agency has negotiated a Disposition and Development Agreement ("Agreement") between the Agency and 1103 Davis Street LLC ("Developer") to develop a nine- unit residential subdivision at 1103 Davis Street, which will further the purposes of the Plaza Redevelopment Plan; and WHEREAS, the Agreement provides for the Agency to convey the parcel at 1103 Davis Street (the "Property") to Developer for consideration in the amount of $520,000; and WHEREAS, the Agency has caused to be prepared a report required by the Health and Safety Code 933433 ("Reuse Report") which contains a summary of the proposed Agreement to be entered into between the Agency and Developer and a summary of the cost of the Agreement to the Agency; and WHEREAS, the summary of the cost of the Agreement includes: land acquisition costs, clearance costs, remediation costs, administrative costs, the estimated value of the interest to be conveyed determined at the highest and best uses permitted under the proj ect plan, the estimated value of the interest to be conveyed determined at use with conditions, covenants, and development costs required by the sale; and an explanation of why the sale of the property will assist in the elimination of blight; and WHEREAS, the Agency has made the Reuse Report available for public inspection pursuant to Health and Safety Code 933433; and WHEREAS, the Agency has held a properly noticed public hearing and taken all other actions required by law to prepare and present the Reuse Report; and WHEREAS, the Agency does hereby take official notice of all documents, surveys, records and reports maintained in the ordinary course of business by the Agency and the City of San Leandro relating to the real properties which are the subject of the Reuse Report, and the Agency has considered the report and recommendations regarding the Reuse Report, and has provided an opportunity for all persons to be heard, and has received and considered all evidence and testimony presented for or against any and all aspects of the Reuse Report; and