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<br />r <br />TN THE CITY COUNCIL OF THE CITY OF SAN LEANDRO <br />RESOLUTION NO. 2003- 029 (2963) <br />RESOLUTION APPROVING A PURCHASE AND SALE AGREEMENT BETWEEN <br />THE CITY OF SAN LEANDRO AND BAYSIDE BUSINESS CENTER, L.P., AND <br />AUTHORIZING THE CITY MANAGER TO ENTER INTO AN AGREEMENT BETWEEN <br />THE CITY OF SAN LEANDRO AND WASTE MANAGEMENT TO TRADE A PORTION <br />OF THE VACATED NEPTUNE DRIVE RIGHT-OF-WAY AND <br />LEASE PROPERTY TO WASTE MANAGEMENT <br />Recitals <br />WHEREAS, the City of San Leandro has negotiated an agreement to sell property to <br />Bayside Business Center, L.P. and an agreement with Waste Management whereby Waste <br />Management will trade property with the City of San Leandro and lease City-owned property <br />located at 2501 Davis Street to Bayside Business Center, L.P. <br />WHEREAS, the agreements will facilitate the development of the property located at <br />2501 Davis Street; and <br />WHEREAS, the City Manager has reviewed the agreements and recommends approval. <br />NOW, THEREFORE, the City Council of the City of San Leandro does RESOLVE as <br />follows: <br />That the Purchase and Sale Agreement between Bayside Business Center, L.P., <br />and the City of San Leandro attached hereto as Exhibit A is hereby approved. <br />2. That the form of the Ground Lease between Waste Management and the City of <br />San Leandro attached hereto as Exhibit B is hereby approved. <br />3. That the City Manager is hereby authorized to execute said agreements and any <br />additional documents necessary to facilitate the transactions. <br />Introduced by Council Member stephens and passed and adopted this <br />18th day of February 2003, by the following called vote: <br />