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City of San Leandro <br />Meeting Date: March 21, 2022 <br />Resolution - Council <br />Agenda Section:File Number:22-123 ACTION ITEMS <br />Agenda Number: <br />TO:City Council <br />FROM:Fran Robustelli <br />City Manager <br />BY:Tom Liao <br />Community Development Director <br />FINANCE REVIEW:Susan Hsieh <br />Finance Director <br />TITLE:RESOLUTION of the City of San Leandro City Council Approving and Authorizing <br />the City Manager Execute an Agreement to Purchase the Nimitz Motel Property <br />Located at 555 Lewelling Boulevard (APN: 412-1-4-1) and Associated Closing <br />Costs in an Amount Not to Exceed $6,235,000 (for Short-Term Conversion to a <br />Homeless Navigation Center and Shelter and Long-Term Conversion to <br />Permanent Supportive Housing for the Homeless) <br />WHEREAS, the City of San Leandro (“City”) desires to acquire and rehabilitate improved real <br />property in the City in order to convert that property to permanent or interim housing for homeless <br />persons within the City; and <br />WHEREAS, Parshotam Inc. (“Owner”) is the owner of that certain real property located at 555 <br />Lewelling Boulevard, San Leandro, California (“Property”), which is currently improved with a <br />building that is used for the operation of the Nimitz Motel, and also includes a small restaurant and <br />a billboard; and <br />WHEREAS, the City desires to acquire the Property, including the furniture, fixtures and <br />equipment located therein, for conversion to a navigation center and temporary shelter for <br />homeless persons within the City, and future conversion to permanent affordable supportive <br />housing for homeless persons, pursuant to plans and specifications that are to be determined; <br />and <br />WHEREAS, City staff and the Owner negotiated the terms and conditions of a Standard Offer, <br />Agreement and Escrow Instructions for Purchase of Real Estate (“Purchase Agreement”), under <br />which the City would agree to acquire the Property from the Owner for the purchase price of Six <br />Million One Hundred Fifty Thousand Dollars ($6,150,000), a copy of which has been provided to <br />the City Council and is attached to this Resolution and incorporated herein; and <br />WHEREAS, the staff recommended purchase price of the Property under the Purchase <br />Page 1 City of San Leandro Printed on 3/16/2022