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IL SUMMARY OF 1B E PROPOSED AGREEMENT <br /> A. Description of the Site and the Proposed Development <br /> Site <br /> The site is comprised of real property ( "Agency Assemblage ") to be acquired by the Agency, which <br /> will be deeded to the Auto Dealer for development, construction and operation of a new automobile <br /> dealership and a used automobile facility. The Agency Assemblage comprising the site are identified <br /> as follows: <br /> • 1066 -1072 Marina Boulevard, two rectangular- shaped parcels occupying the north <br /> side of Marina Boulevard between Pacific and Eveleth Avenues. These two parcels <br /> are each 15,360 square feet (0.35 acres) in size. The parcels are currently improved <br /> with a small concrete -block commercial building (formerly a service station) and an <br /> unoccupied wood -frame single family residence which has been converted into an <br /> office (all one story tall). <br /> • 1152 Marina Boulevard, a rectangular- shaped parcel occupying the northeast corner <br /> of Marina Boulevard and Wayne Avenue. This parcel is 26,650 square feet (0.61 <br /> acres) in size and is improved with a two -story, concrete block industrial building <br /> formerly occupied by a printing company. <br /> • , In total, the three parcels contain 57,370 square feet (1.32 acres). Two of the three <br /> . parcels are contiguous with the third parcel a half -block further west. All three of the <br /> parcels front on the north side of Marina Boulevard across from the Marina Square <br /> Shopping Center. <br /> Developer /Auto Dealer <br /> The Developer is the Auto Dealer, the Batarse Family Trust, operating as the Lloyd A. Wise <br /> Companies, a California corporation. <br /> Project Description <br /> The Section 33433 report addresses the Agency Assemblage outlined above, for the development of <br /> one new automobile dealership and one used car facility. Overall, the proposed development will <br /> consist of four new automobile dealerships and one used car facility to support the new car <br /> dealerships, and will include vehicle showrooms, office areas, service bays, retail parts departments, <br /> an on -site parking area and ancillary grounds landscaping. <br /> KEYSER M A RSTON ASSOCIATES INC. <br /> 19096 1 0014- 002doc Page 3 <br />