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IN THE REDEVELOPMENT AGENCY <br />OF THE CITY OF SAN LEANDRO <br />RESOLUTION NO. 2003 - 015 RDA (D - 3 5 7 / 14 8 5 ) <br />A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN <br />LEANDRO APPROVING AN AGREEMENT TO CONVEY PROPERTY AND TO DELIVER <br />PROCEEDS FROM FUTURE DISPOSITION WITH THE CITY OF SAN LEANDRO FOR <br />2101 MARINA BOULEVARD (APN: 079A-0568-005) <br />RECITALS <br />WHEREAS, the Redevelopment Agency of the City of San Leandro ("Agency") is a <br />redevelopment agency existing pursuant to the Community Redevelopment Law, California <br />Health and Safety Code Section 33000, et seq., and pursuant to its authority under California <br />law, Agency has the responsibility to carry out the Redevelopment Plan for the West San <br />Leandro -MacArthur Boulevard Project Area, as amended ("Redevelopment Plan"); and <br />WHEREAS, the Property is located in an area governed by the Redevelopment Plan, and <br />under Section 33220(a) of the Community Redevelopment Law, for the purpose of aiding and <br />cooperating in the Redevelopment Plan, the City of San Leandro ("City"), upon the terms and <br />with or without consideration as it determines, may dedicate or convey any of its property to the <br />Agency; and <br />WHEREAS, the City is conveying, and Agency is accepting the conveyance of, the <br />Property in furtherance of the Redevelopment Plan; and <br />WHEREAS, Agency will dispose of the Property in a public process in accordance with <br />the Redevelopment Plan and local and state regulations; and <br />WHEREAS, the Agency will convey proceeds of disposition to the City under the terms <br />described in the attached Agreement, a copy of which has been made familiar to the Agency <br />Board; <br />NOW THEREFORE, the Redevelopment Agency of the City of San Leandro hereby <br />approves the attached Agreement and directs the Executive Director to execute any and all <br />documents necessary to implement the terms and conditions thereof. <br />