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IN THE CITY COUNCIL OF THE CITY OF SAN LEANDRO RESOLUTION NO. 2017-046 RESOLUTION ACCEPTING A QUITCLAIM DEED FROM REGENCY CENTERS, L.P. FOR A PARKING EASEMENT ON THE PUBLIC PARKING LOT LOCATED AT THE NORTHEAST CORNER OF EAST 14TH STREET AND CALLAN AVENUE (APN 077-0447-007-01) WHEREAS, the Parking Authority of the City of San Leandro owns, and/or administers public property for public parking purposes; and WHEREAS, the City Council of the City of San Leandro serves as the Board of Directors of the Parking Authority of the City of San Leandro; and WHEREAS, the City of San Leandro owns the public parking lot located at Callan Ave. and Hyde St., APN 077-0447-007-01 (the "Property"); and WHEREAS, an Agreement, dated December 15, 1969 (and as amended by Amendment to Agreement recorded January 18, 1982), was established between the City of San Leandro, the San Leandro Redevelopment Agency, Longs Drug Stores, Conselho San Leandro No. 1 Da Uniao Portugueza Do Estado Da California and Conselho Supremo Da Uniao Portugueza Do Estado Da California for the development of the public parking lot on the Property; and WHEREAS, pursuant to Section IV.6 of the Agreement, owners of properties within Plaza Assessment District No. 1 were granted a non-exclusive easement for the use of the Property and portions of streets for a period of 50 years for parking and circulation; and WHEREAS, the Plaza Assessment District No. 1 was established in 1968 for the acquisition of properties for the development for public parking to serve businesses located within the boundaries of the district; and WHEREAS, the Parking Authority of the City of San Leandro currently owns the Plaza Shopping Center Parking Lot, APN 075-0226-010-00, which is located within the Plaza Assessment District No. l; and WHEREAS, on February 16, 2016, the City of San Leandro approved a Purchase and Sale Agreement with Sansome Pacific Properties, Inc. ("Sansome") for the redevelopment of the Property to include a mix of residential, retail, and associated parking uses; and WHEREAS, in order to proceed with redevelopment of the Property, Sansome requests that the Plaza Assessment District No. 1 property owners release their parking easement on the Property. NOW, THEREFORE THE CITY COUNCIL OF THE CITY OF SAN LEANDRO HEREBY RESOLVES THAT: