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File Number: 22-245 <br />·Density of up to 50 du/acre for apartments; <br />·Parking of 1.5 spaces/unit for apartments; <br />·On-site private and common open space and private storage for multi-family uses; <br />·Height of hotel and apartment buildings; <br />·Loading spaces for non-residential components; <br />·Lot configuration and setbacks for single-family and townhomes. <br />Development Agreement <br />The proposed Development Agreement (DA) between the City and Cal Coast Companies LLC, <br />Inc. (the “Developer”) works to further implement the terms agreed to in the Disposition and <br />Development Agreement (DDA), and provides additional details related to the Developer and <br />City obligations, particularly to construction and implementation of the Project. <br />Development Agreements are authorized by State law and provide the City and Developer more <br />certainty for the development moving forward. Such agreements are often utilized for larger <br />projects that are to be developed over time in phases. The Development Agreement provides the <br />Developer vested rights to develop the project during the 10-year term of the Agreement, with the <br />potential for a 5-year extension if the project is progressing and the Developer is in compliance <br />with the Agreement and conditions of approval. <br />The Development Agreement details the scope, phasing, and procedures for the Developer’s <br />installation of public improvements, with the requirement that overall site preparation be <br />performed during the first phase of the project. Such public improvements include the <br />reconstruction of the Marina Golf Course, construction of park promenades located along the San <br />Francisco Bay shoreline adjacent to the Developer’s hotel and apartment projects, relocation and <br />restoration of the Wes McClure boat launch, reconstruction of a portion of Monarch Bay Drive, <br />Mulford Point Drive and Pescador Point Drive, construction of a parking lot within Monarch Bay <br />Park, and soil importation and site preparation for these projects. <br />The Development Agreement also outlines the base requirements and next steps for design and <br />implementation of key measures to ensure that the project is sustainable for the long-term. These <br />include sea level rise mitigation, Transportation Demand Management planning, and <br />development of a Community Facilities District to support the development of public <br />infrastructure, ongoing maintenance and long-term capital and sea level rise investment. <br />Finally, the Development Agreement provides the framework for the cooperation between the City <br />and Developer on their respective elements moving forward. As detailed in the DDA and <br />Municipal Code, the Developer may receive impact fee credits for the public improvements. <br />Additionally, the City commits to coordinate construction of the park and other public elements <br />with the Developer, and to support timely processing of future permits to support implementation <br />of vested project approvals. <br />Disposition and Development Agreement Amendments <br />The Disposition and Development Agreement (DDA), and its associated agreements, including a <br />Purchase and Sale Agreement (PSA) and Leases, were approved by the San Leandro City <br />Council on February 24, 2020. The DDA outlines key business terms, including the scope of <br />development, schedule of performance, and developer/City responsibilities. <br />The proposed amendments to the Disposition and Development Agreement, and associated <br />Page 4 City of San Leandro Printed on 6/15/2022