Reso 2021-123 Wannawin San Leandro Commercial Revitilization Agmt

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RESOLUTION THE CITY COUNCIL OF THE CITY OF SAN LEANDRO RESOLUTION NO. 2021-123 RESOLUTION OF THE CITY OF SAN LEANDRO CITY COUNCIL TO APPROVE AND AUTHORIZE THE CITY MANAGER TO EXECUTE A COMMERCIAL REVITALIZATION AGREEMENT WITH WANNAWIN SAN LEANDRO, LLC AND AUTHORIZING THE CITY MANAGER TO EXECUTE A GRANT OF EASEMENT TO PACIFIC GAS AND ELECTRIC COMPANY FOR CONNECTING GAS AND ELECTRIC FACILITIES TO THE PROPERTY LOCATED AT 1495 EAST 14TH STREET THROUGH CITY OWNED PROPERTY LOCATED AT 1490 WASHINGTON AVENUE (APN 077-0545-024-01) WHEREAS, Wannawin San Leandro, LLC ("Landowner") is the owner of that certain real property located at 1495 E. 14th Street, San Leandro, California (the "Commercial Property"), which is currently improved with a building that was formerly used as a bank; and WHEREAS, Landowner desires to renovate and modernize the Commercial Property for commercial uses which are proposed to include a restaurant, brewery and outdoor dining, and has commenced the rehabilitation of the Commercial Property for such uses; and WHEREAS, the rehabilitation of the Commercial Property is expected to attract additional restaurants, office uses and retail businesses to locate in the downtown area of the City, which will help to strengthen the downtown economy and provide substantial employment, sales and property tax benefits to the City; and WHEREAS, in order to renovate the Commercial Property, it is necessary for an electrical transformer to be installed to supply electricity to the Commercial Property (the "Transformer"), and because the improvements on the Commercial Property cover the entire site, the Transformer must be located in other offsite real property located adjacent to the Commercial Property; and WHEREAS, the City of San Leandro owns certain real property located to the west of and adjacent to the Commercial Property, which is currently used as a public parking lot, situated in the City of San Leandro, California, at 1490 Washington Avenue (the "City Property"); and WHEREAS, the Landowner has requested that City grant an easement to Pacific Gas and Electric ("PG&E") over the City Property for the installation of the Transformer and for related utility lines that will service the Commercial Property (the "Easement"); and WHEREAS, PG&E desires to obtain a non-exclusive Easement for the installation, maintenance, and use of gas and electric equipment and appurtenances thereto on a portion of the City Property; and WHEREAS, the City's grant of the Easement over the City Property will facilitate the rehabilitation of the Commercial Property, and advance the City's goals of establishing a firm foundation for long-term fiscal sustainability, and supporting projects and programs promoting sustainable economic development, including transforming the City into a center for innovation; and WHEREAS, City staff and the Landowner have negotiated the terms and conditions under which the City would grant the easement to PG&E, and have drafted a proposed Commercial Revitalization Agreement, in the form attached to this Resolution as Exhibit "A", copies of which