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File Number: 22-705 These changes are reflected in an Amended Schedule of Performance. Staff finds that the proposed arrangement provides a clear and more certain path towards closing of the sale of the Single-Family property prior to the December 31st deadline and allows the project the best opportunity to continue and succeed, and as such staff recommends approval of the Third Amendment to the Purchase and Sale Agreement and Disposition and Development Agreement. Staff finds that the continuance of the Shoreline Development Project and sale of the Single-Family property under the proposed terms will provide various benefits to the community including: ·Facilitate the development of high -quality housing units that will satisfy a portion of City’s share of the regional housing needs . ·Provide revenues necessary for the City to remove outdated materials and infrastructure in the Shoreline area, the marina, and the associated parking area . ·Create a new park element in order to remove blight and provide recreational opportunities for City residents. ·Provide for the upgrading and reconstruction of Monarch Bay Road and a variety of other roads, trails, and other infrastructure projects in the Shoreline-Marina area of the City . ·Strengthen the City’s economic base with a variety of long-term jobs, in addition to construction jobs. ·Provide for and generate substantial revenues for the City in the form of tax revenues, sales proceeds, fees, exactions and other fiscal benefits. Previous Actions The City has taken a number of actions over the years to further the development, including: ·Resolution No. 2015-125 - Shoreline EIR Certification ·Resolution No. 2015-126 - Shoreline General Plan Amendment ·Ordinance No. 2015-008 - Shoreline Zoning Map Amendment ·Resolution No. 2020-019 - Shoreline General Plan Amendment and EIR Addendum ·Ordinance No. 2020-001 - Shoreline Zoning Map Amendment ·Resolution No. 2020-020 - Shoreline Disposition & Development Agreement ·Resolution No. 2022-085 - Shoreline EIR Addendum, Planned Development Project and Site Plan Review Approval (Planning Entitlements) ·Resolution No. 2022-086 - Shoreline Second Amendment to Disposition and Development Agreement ·Ordinance 2022-010 - Shoreline Development Agreement ·Resolution No. 2022-083 - Shoreline West Side Vesting Tentative Tract Map ·Resolution No. 2022-147 - Shoreline East Side Parcel Map ·Resolutions Nos. 2022-148, -149, -150, -160, and Ordinance 2022-012 - Formation of Shoreline Community Facilities District Applicable General Plan Policies The Project is consistent with the General Plan’s goals, policies and objectives. The pertinent General Plan goals, policies, and actions that apply to the Shoreline Development project include: ·Goal LU-9. Reinforce the San Leandro Shoreline as a regional destination for dining, lodging, entertainment, and recreation, while creating a new waterfront neighborhood with housing, retail, and office uses. Page 4 City of San Leandro Printed on 12/14/2022