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City of San Leandro <br />Meeting Date: December 21, 2015 <br />Staff Report <br />Agenda Section:File Number:15-675 CONSENT CALENDAR <br />Agenda Number:8.H. <br />TO:City Council <br />FROM:Chris Zapata <br />City Manager <br />BY:Cynthia Battenberg <br />Community Development Director <br />FINANCE REVIEW:David Baum <br />Finance Director <br />TITLE:Staff Report for Consultant Service Agreement with Keyser Marston <br />Associates for Development Agreement Negotiation Services for the Shoreline <br />Development Project <br />SUMMARY AND RECOMMENDATIONS <br />The Shoreline Development Project is a public-private partnership between the City of San <br />Leandro and Cal-Coast Development. The City will continue to own the 75-acre site upon <br />which development will occur and requirements in terms of construction, use, maintenance <br />and lease rates need to be negotiated. Given the size and complexity of the project, the <br />significant investment it represents and the long-term nature of the lease, staff has requested <br />the assistance of Keyser Marston Associates (KMA) in developing and negotiating a term <br />sheet which will serve as the foundation for the Development Agreement. KMA has expertise <br />in financial and market analysis, public-private and ground lease negotiations and experience <br />working with Cities in negotiating leases. Staff recommends the City Council approve a <br />resolution for a Consultant Services Agreement between the City of San Leandro and Keyser <br />Marston Associates, Inc. for Shoreline Development Agreement and Ground Lease <br />Negotiations at an amount not-to-exceed $110,980. <br />BACKGROUND <br />In 2005 the City began discussions regarding the boat harbor operations and potential <br />development of the shoreline as the Shoreline Enterprise Fund was operating at an annual <br />deficit and funding was not available for on-going dredging of the channel and harbor. Over <br />the past ten years the City has worked with the community and Cal-Coast Development in a <br />public-private partnership to identify a strategy for the development of the shoreline to meet <br />the following objectives: <br />·Build an economically viable and vibrant mixed-use development which provides <br />needed amenities and services to the citizens of the City of San Leandro including a <br />Page 1 City of San Leandro Printed on 12/15/2015