RDA Agmt 2001 Batarse Family Trust UTA (2)

Home

• • AMENDMENT TO THE DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO AND BATARSE FAMILY TRUST, U.T.A THIS AMENDMENT (the "Amendment ") to the Disposition and Development Agreement ( "Agreement ") by and between the Redevelopment Agency of the City of San Leandro ( "Agency ") the Batarse Family Trust, U.T.A. dated May 7, 1987, Anthony A. Batarse, Jr., Trustee, a revocable living trust (the "Developer ") (collectively, the Parties") is made on or as of this 14" day of November, 2001, by and between the Agency and the Developer. RECITALS: 1. The Agreement contemplates that the Agency will purchase a parcel of property known as the "Yokota Property° and (a) convey a portion of that property (the "Batarse Parcel ") to the Developer, (b) convey a portion to an adjacent developer, (c) reserve a portion to be improved and conveyed to the City of San Leandro for use as a public right -of -way, and (d) retain ownership of a portion which may be improved for road purposes but over which Batarse will hold open a firm offer to purchase for 18 months from the date of the Agency's purchase of the Yokota Property. 2. The Agency no longer desires to reserve or retain ownership of any portion of the Yokota Property and, therefore, the Developer is no longer required to hold open the firm offer to purchase. 3. The Agency now desires to convey, and the Developer desires to receive, a reconfigured portion of the Yokota Property as described in a new Attachment A to this Amendment without a reservation for a road or a transfer of property to the City for road purposes on the condition that the Developer and the adjacent developer agree to a reciprocal easement for adequate public access. It is hereby mutually agreed by the Parties as follows: Section 1. Part One entitled "Definitions," of the Agreement is hereby amended by deleting the following defined terms as follows: 1