Reso 1996-166 to 170 - Laserfiche WebLink

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THIS DISPOSITION AND DEVELOPMENT AGREEMENT is made on or as of this 7th day of October , 1996, by and between the Redevelopment Agency of the City of San Leandro (hereinafter "Agency") and the Batarse Family Trust, U.T.A. dated May 7, 1987, Anthony A. Batarse, Jr., Trustee (hereinafter "Developer"), a California Corporation. WITNESSETH: 1. Pursuant to its authority granted under California law, the Agency has the responsibility to carry out the Alameda County - City of San Leandro Redevelopment Project, which was approved and adopted on July 12, 1993, by the Board of Supervisors of the County of Alameda by Ordinance No. 0-95-5, as amended, and by the City Council of the City of San Leandro by Ordinance No. 93- 012, as amended. Said redevelopment plan as described and as thereafter from time to time amended is referred to herein as "the Redevelopment Plan" and is incorporated into this Agreement by reference. Any amendments to the Redevelopment Plan which change the uses or development permitted on the Property or otherwise change the restrictions or controls that apply to the Property shall require the written consent of the Developer which consent shall not be unreasonably withheld. Amendments to the Redevelopment Plan applying to other property in the Project Area shall not require the consent of the Developer. 2. In furtherance of the Redevelopment Plan, the Agency selected Developer to develop an automobile sales center for previously owned automobiles at the real property located at 1066-1072 Marina Boulevard, and a new automobile sales dealership for new automobiles at 1152 Marina Boulevard within the City of San Leandro and more particularly described on the attached ExhibitA incorporated herein by reference. Said real property, which is located in an area governed by the Redevelopment Plan, is hereinafter referred to as the "Property." The Property as described in Exhibit A is the real property shown on the Preliminary Development Plan attached as Exhibit B incorporated herein by reference. It is contemplated that the Preliminary Development Plan will be revised and refined into the Final Development Plan in accordance with Section 1.03 below. 3. The purposes of this Agreement are to provide a mechanism whereby the Developer shall acquire, own, and develop the Property in accordance with this Agreement and to effectuate the provisions of the Redevelopment Plan. The development of the Property contemplated by this Agreement is consistent with the Redevelopment Plan and the City of San Leandro General Plan. Disposition and Development Page 1 of 39 Agreement (Automall) 10/2/96