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RDA Reso 2005-007
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RDA Reso 2005-007
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Last modified
5/10/2007 12:00:57 PM
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5/10/2007 12:00:57 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
5/16/2005
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PERM
Document Relationships
Agmt 2005 Union Bank of California
(Approved)
Path:
\City Clerk\City Council\Agreements\2005
Agmt 2005 Union Bank of California (2)
(Approved)
Path:
\City Clerk\City Council\Agreements\2005
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<br />IN THE REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO <br /> <br />RESOLUTION NO. 2005-007 RDA <br /> <br />(1485/3055) <br /> <br />RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN <br />LEANDRO AUTHORIZING A LICENSE AGREEMENT AND <br />AN EXCLUSIVE NEGOTIATING RIGHTS AGREEMENT WITH <br />UNION BANK OF CALIFORNIA <br /> <br />WHEREAS Union Bank of California, National Association ("Licensee") owns and leases <br />property at 1145 East 14th Street and 234-46 Davis Street ("Licensee Property") adjacent to <br />Agency-owned property at 210-30 and 250 Davis Street and 1199 East 14th Street ("Agency <br />Property") within the Plaza Project Area; and <br /> <br />WHEREAS Licensee's parking lot encompasses the Agency property; and <br /> <br />WHEREAS Licensee has agreed to consideration including payment of a monthly License <br />Fee to reimburse the Agency its costs in monitoring a new License Agreement; and <br /> <br />WHEREAS Licensee has agreed as further consideration to enter into an Exclusive <br />Negotiating Rights Agreement for its interest in the Licensee Property for the convenience of the <br />Agency; <br /> <br />WHEREAS the Agency has been presented with the License Agreement and the Exclusive <br />Negotiating Rights Agreement and is familiar with the contents thereof; <br /> <br />NOW, THEREFORE, the Redevelopment Agency of the City of San Leandro does <br />RESOLVE as follows: <br /> <br />That the License Agreement and the Exclusive Negotiating Rights Agreement are hereby <br />approved, and the Executive Director is authorized to execute them. <br /> <br />Introduced by Agency Member Santos and passed and adopted this 16th day of May, 2005 <br />by the following called vote: <br /> <br />Members of the Agency: <br /> <br />A YES: Members Badger, Grant, Nardine, Santos, Starosciak, Stephens; Chair Young (7) <br /> <br />NOES: None (0) <br /> <br />ABSENT: None (0) <br /> <br />ATTEST: <br /> <br />~~ <br /> <br />Marian Handa, Agency Secretary <br />
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