Reso 1996-061 to 065 - Laserfiche WebLink

Home

SCANNED 340�c5 SEP 2 7 2012 IN THE CITY COUNCIL OF THE CITY OF SAN LEANDRO CITY CLERK'S OFFICE Scan opt: - RESOLUTION NO. 96- 62 (1120 ) RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LEANDRO APPROVING THE REUSE REPORT REQUIRED BY HEALTH & SAFETY CODE § 33433 FOR THE AUTOMALL PROJECT OF THE COUNTY OF ALAMEDA - CITY OF SAN LEANDRO JOINT REDEVELOPMENT PROJECT AND THE FORM OF THE DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE BATARSE FAMILY TRUST AND THE AGENCY. Recitals WHEREAS, the Redevelopment Agency of the City of San Leandro ("Agency") has negotiated in good faith a form of the Disposition and Development Agreement ("Agreement") between the Agency and the Batarse Family Trust ("Batarse") where the Agency may acquire real property parcels in the County of Alameda - City of San Leandro Joint Redevelopment Project Area ("Joint Project Area") and convey those parcels to Batarse, who shall then build and operate an automall on Marina Boulevard, east of Interstate 880 ("Automall"); WHEREAS, the Agreement places additional restrictions, covenants and conditions on Batarse regarding the building and operating of several automobile dealerships forming the Automall; WHEREAS, the Agreement provides that the Agency may acquire parcels in the Joint Project Area, which acquisition may be in whole or in part, directly or indirectly financed with tax increment money, and such acquired parcels may then be conveyed to Batarse for an amount of consideration set forth in the Agreement; WHEREAS, Agency has caused to be prepared a report required by Health and Safety Code § 33433 ("Reuse Report") which contains a summary of the form of the Disposition and Development Agreement ("Agreement") to be entered into between the Agency and Batarse and a summary of the cost of the Agreement to the Agency, and the Agency has made the Reuse Report available for public inspection pursuant to Health and Safety Code § 33433; WHEREAS, the summary of the cost of the Agreement includes: land acquisition costs, clearance costs, remediation costs, administrative costs; the estimated value of the interest to be conveyed determined at the highest and best uses permitted under the Joint Project Redevelopment Plan; the estimated value of the interest to be conveyed determined at use with conditions, covenants, and development costs required by the sale; and an explanation of why the sale of the property will assist in the elimination of blight; 1