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• CITY OF SAN LEANDRO REDEVELOPMENT AGENCY APPROVED AND STAFF REPORT FORWARDED TO AGENCY BOARD DATE: November 13, 2001 Jo Jermanis TO: John J. Jermanis, Executive Director, E tive Director, Redevelopment Agency Redevelopment Agency FROM: Luke Sims, Business Development Manager 07 (cBS)) SLS l uso . 200/— BY: i BY: Amalia Lorentz,Development Project Specialist a>SL Rte `-P'e"o _ cel—ad SUBJECT: MATTER OF AMENDMENTS TO THE DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE BATARSE FAMILY TRUST, U.T.A. DATED MAY 7, 1987, ANTHONY A. BATARSE, JR., TRUSTEE AND THE REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO FOR THE DISPOSITION AND DEVELOPMENT OF A PORTION OF THE PROPERTY LOCATED AT 467 MARINA BOULEVARD (APN # 075-0087-003-02), 505 MARINA BOULEVARD (APN #075-0087-004-04) AND 517 MARINA BOULEVARD (APN #075-0087-004-06) AND A PORTION OF THE PROPERTY AT 635 MARINA BOULEVARD (APN# 075- 0093-007-02), AND THE DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN LAVERY CALIFORNIA DEALERSHIP PROPERTIES NO. 1, LLC AND THE REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO FOR THE DISPOSITION AND DEVELOPMENT OF A PORTION OF THE PROPERTY LOCATED AT 467 MARINA BOULEVARD (APN # 075-0087-003-02), 505 MARINA BOULEVARD (APN #075-0087-004-04) AND 517 MARINA BOULEVARD (APN #075-0087-004- 06) SUMMARY AND RECOMMENDATION The development plan for the Yokota Nursery property (465-517 Marina Boulevard) has changed slightly since agreements were approved with two developers on October 1, 2001. Staff recommends approval of the attached resolutions that authorize amendments in the developers' agreements reflecting the changes. DISCUSSION The purchase, resale, and redevelopment of the approximately 8.7-acre Yokota Nursery property is intended to extend auto retail sales on Marina Boulevard consistent with the Alameda County- City of San Leandro Redevelopment Implementation Plan. The Agency will close escrow on the