Reso 1996-167 - Laserfiche WebLink

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• ♦tea - IN THE CITY COUNCIL OF THE CITY OF SAN LEANDRO RESOLUTION NO. 96 - 167 (1120) RESOLUTION OF THE SAN LEANDRO CITY COUNCIL APPROVING THE FINAL DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE BATARSE FAMILY TRUST AND THE REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO Recitals WHEREAS, the City Council previously approved the form of the Disposition and Development Agreement ( "Agreement ") between the San Leandro Redevelopment Agency ( "Agency ") and the Batarse Family Trust ( "Batarse ") on April 15, 1996, by Resolution No. 96- 62 ; and WHEREAS, the parties to the Agreement have finalized their negotiations and addressed all contingencies so that a final Agreement could be prepared; and WHEREAS; the Agreement continues to provide that. the Agency may acquire real property parcels in the County of Alameda - City of San Leandro Joint Redevelopment Project Area ( "Joint Project Area ") Project area, which acquisition may be in whole or in part, directly or indirectly financed with tax increment money, and convey those parcels to Batarse, who shall then build and operate an automall on Marina Boulevard ( "Automall "); and • WHEREAS, the Agreement continues to place additional restrictions, covenants and conditions on Batarse regarding the building and operation of several automobile dealerships forming the Automall, as well as a sales tax generation guaranty; and • WHEREAS, the City Council previously approved the report required by Health and Safety Code § 33433 ("Reuse Report ") which contained a summary of the Agreement, and the final version of this Agreement does not modify the analysis of the Reuse Report. NOW THEREFORE, the City Council of the City of San Leandro does hereby RESOLVE as follows: