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Reso 2018-033
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Reso 2018-033
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4/20/2018 4:31:35 PM
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4/20/2018 4:31:34 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
4/16/2018
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IN THE CITY COUNCIL OF THE CITY OF SAN LEANDRO <br /> RESOLUTION NO. 2018-033 <br /> RESOLUTION APPROVING THE FIRST AMENDMENT TO THE EXCLUSIVE <br /> NEGOTIATING RIGHTS AGREEMENT BY AND BETWEEN CAL-COAST <br /> COMPANIES LLC AND THE CITY OF SAN LEANDRO RELATING TO <br /> DEVELOPMENT OF THE SAN LEANDRO MARINA-SHORELINE PROJECT <br /> WHEREAS,the City and Cal-Coast Companies LLC (the "Developer") entered into that <br /> certain Exclusive Negotiating Rights Agreement dated April 2, 2012 (the"Agreement") in order to <br /> negotiate terms and conditions governing the development of the Marina-Shoreline Project(the <br /> "Project"); and <br /> WHEREAS, City and Developer have in good faith pursued such negotiations, however <br /> the term of the Agreement is expiring and City and Developer desire to extend the term of the <br /> Agreement; and <br /> WHEREAS, staff has prepared a First Amendment to the Agreement (the"First <br /> Amendment"), a copy of which is attached to this Resolution; and <br /> WHEREAS, under the First Amendment,the term of the Agreement is extended to <br /> February 2, 2019 with one permitted extension of the Agreement for an additional four months to <br /> June 2,2019; and <br /> WHEREAS,the First Amendment also requires the Developer to provide design <br /> documents for the proposed golf course development by a specified date; and <br /> WHEREAS,the City Council is familiar with the contents of the First Amendment; and <br /> WHEREAS, the City Manager has recommended approval of the First Amendment. <br /> NOW,THEREFORE, the City Council of the City of San Leandro does RESOLVE as <br /> follows: <br /> 1. That the above recitals are true and incorporated herein by this reference. <br /> 2. That the First Amendment is hereby approved by this City Council. <br />
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