Reso 2020-020 - Laserfiche WebLink

Home

IN THE CITY COUNCIL OF THE CITY OF SAN LEANDRO RESOLUTION NO. 2020-020 RESOLUTION OF THE CITY OF SAN LEANDRO CITY COUNCIL APPROVING AND AUTHORIZING EXECUTION OF A DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE CITY OF SAN LEANDRO AND CAL COAST COMPANIES LLC, INC. WHEREAS, the City owns certain real property consisting of approximately seventy- five (75) acres located within the City limits in the Shoreline -Marina area (the "Property"); and WHEREAS, the City and Cal Coast Companies LLC, Inc., a Delaware corporation doing business in California as Cal Coast Developer, Inc. (the "Developer"), entered into an Exclusive Negotiating Rights Agreement dated April 2, 2012 regarding development of the Property, as such agreement has been amended and extended (the "ENRA"); and WHEREAS, the City desires to facilitate the development of the Shoreline -Marina area to create new housing units, lodging and restaurants, new facilities to foster economic growth, and new recreational opportunities for the public, as well as promoting the productive use of property and encouraging quality development and economic growth, thereby enhancing employment and recreation opportunities for residents and expanding the City's tax base; and WHEREAS, Developer desires to develop the Property with a multi-component development that includes the construction of between 200 and 215 detached single-family homes and attached townhomes; the redesign and reconstruction of an existing 9 -hole golf course; the construction of a hotel with between 200 and 220 rooms, publicly accessible outdoor space, and an approximately 5,000 square foot restaurant; the construction of a market -rate multifamily residential development with approximately 285 rental units; the construction of an approximately 15,000 square foot restaurant and banquet facility; and the construction of an approximately 3,000 square foot single -story freestanding building shell to house a market or other neighborhood serving retail or service facility; and WHEREAS, in connection with Developer's development of the Property, the City desires to design and construct an approximately eight acre park, demolish certain improvements in the San Leandro Marina Harbor adjacent to the Property, reconstruct the Mulford -Marina Branch Library, and undertake other public improvements within and adjacent to the Property; and WHEREAS, City staff and Developer negotiated the terms and conditions under which the City would transfer portions of the Property to the Developer, and the parties would develop the Property (the Developer's and City's development obligations are referred to herein as the "Project''), and to that end the parties jointly drafted a proposed Disposition and Development Agreement (the "DDA''), copies of which are provided to the City Council; and WHEREAS, the DDA would provide that the City sell to the Developer the site for the proposed single family homes and townhomes pursuant to a Purchase and Sale Agreement substantially in the form attached to the DDA, and would provide for the City to lease to Developer the sites of the hotel, multifamily housing complex, restaurant and market through separate Ground Leases for each of those components of the Project, substantially in the forms attached to the DDA, which would commence and close upon the satisfaction of certain conditions thereto; and