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IN THE CITY COUNCIL OF THE CITY OF SAN LEANDRO <br /> <br />RESOLUTION NO. 2025-049 <br /> <br />RESOLUTION TO APPROVE AND AUTHORIZE THE CITY MANAGER TO EXECUTE A PURCHASE AND SALE <br />AGREEMENT AND JOINT ESCROW INSTRUCTIONS, IN A FORM APPROVED BY THE CITY ATTORNEY <br /> <br />WHEREAS, on March 18, 2024, the City Council authorized the City Manager to enter into an Eden <br />Road Public Improvement Agreement Memorandum of Understanding (MOU) with KK Eden Properties <br />LLC and Alco Iron & Metal for the sale and transfer of Eden Road to KK Eden Properties LLC, which <br />included a paving and long-term maintenance program to ensure future public access and cost-savings <br />for the City; and <br /> <br />WHEREAS, the MOU between the City of San Leandro (“City”), KK Eden Properties LLC and Alco <br />Iron & Metal became effective on March 19, 2024; and <br /> <br />WHEREAS, the City agrees to sell Eden Road to KK Eden Properties LLC, owner of parcels located <br />adjacent to Eden Road, and KK Eden Properties LLC agrees to purchase Eden Road; and <br /> <br />WHEREAS, the Purchase and Sale Agreement and Joint Escrow Instructions outlines the terms <br />and conditions of the sale and transfer of Eden Road. <br /> <br />NOW, THEREFORE, the City Council of the City of San Leandro does RESOLVE as follows: <br /> <br />The Purchase and Sale Agreement and Joint Escrow Instructions, deed, easements, and all <br />related documents necessary to complete the sale and transfer of Eden Road are approved; and <br /> <br />The City Manager is authorized to execute the Purchase and Sale Agreement and Joint Escrow <br />Instructions, deed, easements, and all related documents necessary to complete the sale and transfer <br />of Eden Road, in a form approved by the City Attorney. After the sale of Eden Road, staff is directed to <br />recognize the sale proceeds as revenue in the General Fund; and <br /> <br />The City Manager is authorized to take all actions and execute all documents necessary, subject <br />to approval as to form by the City Attorney, to effect the purpose and intent of this Resolution. <br /> <br />Introduced by Vice Mayor Bowen and passed and adopted this 19th day of May 2025 by the following vote: <br /> <br />AYES: Councilmembers Aguilar, Bowen, Simon, and Mayor González (4) <br /> <br />NOES: None (0) <br /> <br />ABSENT: Councilmembers Azevedo, Viveros-Walton (2) <br /> <br />RECUSED: Councilmember Boldt (1) <br /> <br /> <br /> <br />ATTEST: <br /> Kelly B. Clancy, CMC <br />City Clerk