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C� <br />Pa rking Lot (RDA) <br />`CT <br />CP <br />Joh <br />Parking ( RDA) <br />f3� y Ilii <br />Property Description <br />These properties were acquired from two condemnation proceedings initiated by the RDA to <br />implement the Plaza Redevelopment Plan. The Redevelopment Plan called for the acquisition of <br />land to improve the downtown pedestrian experience with plazas, landscaping, fountains, <br />lighting, benches and decorative paving. All of these improvements exist within these two <br />parcels today. These parcels are integral to downtown pedestrian circulation and to the <br />adjacent businesses. They provide a path from Joaquin plaza toward Washington Avenue <br />without having to walk in parking lots. <br />Proposed Disposition: Government Use, Transfer to City <br />The Successor Agency proposes that these two parcels be transferred to the City of San Leandro <br />at no cost as a governmental use. The properties do not generate any income and no <br />opportunities for future income generation have been identified. Maintenance costs will be <br />assumed by the City. Although these parcels have no development potential, the Successor <br />Agency acknowledges that, should they ever be sold by the City, proceeds from the sale would <br />need to be distributed as property tax to the taxing entities, after the negotiation of tax sharing <br />agreements. <br />Advancement of planning objectives of the successor agency <br />San Leandro I Long Range Property Management Plan I November 2015 <br />