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File Number: 22-450 the City of San Leandro, the City of San Leandro and Beam Development, LLC (Beam) for sale of the following Successor Agency-owned properties in keeping with the Successor Agency’s Long Range Property Management Plan: ·290 Davis Street (APN: 075-0001-010-02) ·250 Davis Street (APN: 075-0001-008-02) ·222 Davis Street (APN: 075-0001-006-00) ·212 Davis Street (APN: 075-0001-005-00) ·1199 East 14th Street (APN: 075-0001-004-00) Staff also recommends that the City Council approve a Resolution authorizing the City Manager to execute Fifth Amendment to the Purchase and Sale Agreement and Joint Escrow Instructions between the Successor Agency to the Redevelopment Agency of the City of San Leandro, the City of San Leandro and Beam Development, LLC for the sale of the following City-owned property, which is adjacent to the Successor Agency-owned properties: ·262 Davis Street (APN: 075-0001-009-02) BACKGROUND The area often referred to as ‘Town Hall Square’ is located at the northwest corner of East 14th and Davis Streets, at the center of Downtown San Leandro. The site of the original San Leandro City Hall in the late 1800s, the site was damaged by an earthquake and demolished. In the 1900s, commercial development was constructed on the site and housed various businesses over the years. The Town Hall Square site has long been identified as a strategic development site Downtown, being centrally located, easily accessible by transit, and near goods and services. Development of this site has the potential to build upon other improvements Downtown and to positively impact the greater area. The San Leandro Redevelopment Agency (RDA) began obtaining properties in the area in 2004 and began planning for comprehensive redevelopment of the area with the goal of creating an impactful project. Over the years, the RDA established several Exclusive Negotiating Agreements for development of the area. However, these agreements expired due to the difficulty of purchasing neighboring properties and the economic downturn of 2008. The six Successor Agency- and City-owned properties comprise just over half an acre (0.68 acre). The entire Town Hall Square site is approximately 1.5 acres. See attached map. Following the State’s termination of redevelopment, the City of San Leandro became the Successor Agency to the RDA in 2012. In 2015, as required by law, the Successor Agency prepared a Long Range Property Management Plan outlining how properties owned by the RDA would be sold for development. A Request for Proposals for purchase and development of the properties was issued in late 2016. Beam Development was selected through the process based on targeted criteria, including how the proposed vision and design for the project work towards City goals, plan to obtain adjacent properties, developer team and qualifications, and offered price. In late 2017, a Purchase and Sale Agreement (PSA) was approved with Beam Development. Page 2 City of San Leandro Printed on 7/13/2022