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Letter of Intent 3 October 15, 2008 <br />Environmental Review <br />This item is not a project under CEQA (Section 15378). <br />Code Compliance Review - N/A. <br />Board/Commission Findings <br />In October 2007, the Planning Commission found that the Proposed Conveyance of City-Owned <br />Land at 268 Parrott Street to the San Leandro Redevelopment Agency was in General Plan <br />Conformance which allows the Redevelopment Agency to sell the combined properties to a <br />developer at a future date and share in the sales proceeds. <br />Summary Of Public Outreach Efforts - N/A. <br />Fiscal Impact -There is no cost associated with the execution of a letter of intent to negotiate <br />exclusively with Langon Homes. <br />Budget Authority - N/A. <br />Attachments - N/A. <br />CONCLUSION <br />Staff recommends the City of San Leandro Redevelopment Agency Board authorize the Interim <br />Executive Director to execute a letter of intent to negotiate exclusively with Langon Homes for <br />the development of 1595 Washington Avenue and 268 Parrott Street. <br />G:~DEPTloffice of Business Development~'iles RDAUoint Project Area\1595 <br />Washington~LangonHomes\LetterotlntentstaftReportl 0-20-08.doc <br />