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<br />IN THE REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO <br /> <br />RESOLUTION NO. 2006-012 RDA <br /> <br />(2888) <br /> <br />A RESOLUTION APPROVING AN OWNER P ARTICIP ATION AGREEMENT (OP A) <br />BETWEEN THE SAN LEANDRO REDEVELOPMENT AGENCY AND JOHN AND MUSA <br />FRANCISCO, OWNERS OF VILA CEREJA RESTAURANT, FOR THE DEVELOPMENT OF <br />PROPERTY LOCATED IN THE WEST SAN LEANDRO/MACARTHUR BOULEVARD <br />REDEVELOPMENT PROJECT AREA LOCATED AT 1041-1045-1051 MACARTHUR <br />BOULEVARD (APN'S 076-0350-007-01 AND 076-0350-008-00) <br /> <br />RECIT ALS <br /> <br />WHEREAS, the Redevelopment Agency desires to alleviate blight in the Redevelopment <br />Area by encouraging the development of new uses in the Project Area. <br /> <br />WHEREAS, the Redevelopment Agency desires to encourage land uses that are consistent <br />with the West San LeandrolMacArthur Boulevard Redevelopment Project Area and compatible with <br />surrounding uses. <br /> <br />WHEREAS, John and Musa Francisco (the "Owner") desires to design, develop and <br />construct improvements necessary to upgrade the Vila Cereja Restaurant on MacArthur Boulevard. <br /> <br />WHEREAS, the Agency and the Owner have negotiated the Owner Participation Agreement <br />whereby the Owner shall further develop the property. <br /> <br />WHEREAS, the Agency finds and declares that the Owner Participation Agreement will <br />assist in preventing the spread of blight in the Project Area, through the provision of upgraded <br />construction and new employment opportunities in the Proj ect Area and by permitting the property to <br />be developed in a manner compatible and consistent with the existing Implementation Plan and <br />Redevelopment Plan. <br /> <br />WHEREAS, the Agency finds and declares that environmental review of this Agreement is <br />not required pursuant to CEQA Guidelines Section 15332. <br /> <br />NOW, THEREFORE, the Redevelopment Agency of the City of San Leandro hereby <br />approves the Owner Participation Agreement and a grant not to exceed $350,000 to John Francisco <br />for identified improvements, and directs the Executive Director to execute the Owner Participation <br />Agreement and any and all other documents necessary to implement the terms and conditions <br />thereof. <br />