Reso 2021-123 Wannawin San Leandro Commercial Revitilization Agmt

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have been provided to the City Council; and WHEREAS, City staff and PG&E have agreed to the terms and conditions of the easement to PG&E, and have drafted a Grant of Easement, in the form attached to this Resolution as Exhibit "B", copies of which have been provided to the City Council; and WHEREAS, the City is not providing any economic development subsidies (as defined in Government Code Section 53083) to the Developer pursuant to the Commercial Revitalization Agreement, as the value of the easement does not exceed One Hundred Thousand Dollars ($100,000); and WHEREAS, the City Council finds that the economic interests of the City's residents and the public health, safety and welfare will be best served by entering into the Commercial Revitalization Agreement; and WHEREAS, the City of San Leandro has determined it is proper and in the public interest to grant the non-exclusive easement to PG&E; and WHEREAS, the City Council is familiar with the contents thereof; and WHEREAS, the City Manager recommends approval of said agreement. NOW, THEREFORE, the City Council of the City of San Leandro does RESOLVE as follows: 1. The City Council finds that the foregoing Recitals are true and correct and are incorporated into this Resolution. 2. The City Council approves the Commercial Revitalization Agreement with WannaWin San Leandro, LLC and the Grant of Easement to PG&E pursuant to the terms and conditions set forth in the Commercial Revitalization Agreement and Grant of Easement. 3. The City Council authorizes the City Manager (or designee), on behalf of the City, to execute the Commercial Revitalization Agreement and the Grant of Easement substantially in the form attached, and to make revisions and amendments to such documents, subject to approval as to form by the City Attorney, so long as such actions do not materially or substantially add to the costs incurred or to be incurred by the City as specified in the Commercial Revitalization Agreement or Grant of Easement. 4. That original executed agreements shall be attached to and made a part of this resolution. RESOLUTION NO. 2021-123 2