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8F Consent 2008 0107
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8F Consent 2008 0107
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1/15/2008 1:12:45 PM
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1/15/2008 1:12:44 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
1/7/2008
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_CC Agenda 2008 0107
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AGREEMENT TO CONVEY PROPERTY AND <br />TO DELIVER PROCEEDS FROM FUTURE DISPOSITION <br />THIS AGREEMENT ("Agreement") is entered into this day of , <br />2008 ("Effective Date"), by and between the CITY OF SAN LEANDRO, a municipal <br />corporation ("City")and the SAN LEANDRO REDEVELOPMENT AGENCY, a public body <br />corporate and politic ("Agency"). <br />RECITALS <br />This Agreement is entered into upon the basis of the following facts, <br />understandings, and intentions of the parties: <br />A. City is the owner of one parcel (APN 075 0005 012 00) located in the City of <br />San Leandro, County of Alameda, State of California legally described in Attachment "A" <br />attached hereto and incorporated herein by this reference, and commonly known as 268 <br />Parrott Street, San Leandro, California (the "Property"). <br />B. City desires to convey the Property to Agency and Agency desires and <br />agrees to accept the conveyance of the Property from City on the terms and conditions in <br />this Agreement. <br />C. Agency is a redevelopment agency existing pursuant to the Community <br />Redevelopment Law, California Health and Safety Code Section 33000, et seq. Pursuant <br />to its authority under California law, Agency has the responsibility to carry out the <br />Redevelopment Plan for the Alameda County-City of San Leandro Joint Redevelopment <br />Project Area ("Project Area"), as amended ("Redevelopment Plan"). Both City and Agency <br />desire the conveyance the Property in the manner set forth in this Agreement in <br />furtherance of the Redevelopment Plan. <br />D. The Property is located in the Project Area and is governed by the <br />Redevelopment Plan. <br />E. Under Section 33220(a) of the Community Redevelopment Law, for the <br />purpose of aiding and cooperating in the Redevelopment Plan, the City, upon the terms <br />and with or without consideration as it determines, may dedicate or convey any of its <br />property to the Agency. <br />F. The conveyance of the Property as provided for herein is in furtherance of the <br />Redevelopment Plan, provides a benefit to the City, and serves the City's public purposes. <br />G. The parties desire that City shall convey the Property to Agency as provided <br />for herein without the payment of monies prior to or at the time of such conveyance; and <br />the parties further desire and agree that when Agency thereafter disposes of the Property <br />to another party, any and all funds Agency derives from such disposition of the Property <br />shall be paid to City as provided for herein. <br />City-Agency Agreement <br />268 Parrot Street <br />
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