Reso 2020-020 - Laserfiche WebLink

Home

G. Developer has agreed to cooperate with the City in the formation of a Community Facilities District (the "District") under the Mello -Roos Community Facilities Act of 1982 (Government Code § 53311 et. seq.). Developer agrees that the District shall include all of the Property and any improvements constructed thereon. Special taxes derived from the District will be used to pay for public area maintenance, public area utilities, reserves and capital expenditures for public infrastructure, and administration of the District. H. City has determined that by entering into this Development Agreement: (1) City will ensure the productive use of property and foster orderly growth and quality development in the City; (2) development will proceed in accordance with the goals and policies set forth in the City of San Leandro General Plan (the "General Plan") and will implement City's stated General Plan policies; (3) City will receive increased tax revenues; and (4) City will benefit from increased housing, lodging, restaurant, employment, economic and recreational opportunities for residents and businesses of the City that are created by the Project. I. City has undertaken, pursuant to the California Environmental Quality Act (Public Resources Code Section 21000 et seq., hereinafter "CEQA"), the required analysis of the environmental effects that would be caused by the Project and has determined those feasible mitigation measures which will eliminate, or reduce to an acceptable level, the adverse environmental impacts of the Project. The environmental effects of the proposed development of the Property were analyzed by the Final Environmental Impact Report (the "FEIR") certified by Resolution 2015-125, adopted by the City Council on July 20, 2015. City has also adopted a mitigation monitoring and reporting program (the "MMRP") to ensure that those mitigation measures incorporated as part of, or imposed on, the Project are enforced and completed. Those mitigation measures for which Developer is responsible are incorporated into, and required by, the Project Approvals. The City adopted an addendum to the FEIR (the "FEIR Addendum") based upon changes in the Project after the FEIR was certified by the City Council. The FEIR Addendum was certified by Resolution adopted by the City Council on February 24, 2020. J. The use and development of the Property pursuant to this Agreement will provide substantial employment and property tax benefits, and contribute to the provision of needed infrastructure, recreational facilities, and housing for area growth, thereby achieving the goals and objectives of the City. This Agreement will provide for the development of the Shoreline area with a resilient and self-sustaining mix of housing, recreation, public amenities and hospitality consistent with the vision of the City's General Plan. K. The City Council finds that the economic interests of City's residents and the public health, safety and welfare will be best served by entering into this Agreement. NOW, THEREFORE, in consideration of the mutual covenants and promises set forth herein, City and Developer agree as follows: