Title
Staff Report for Resolutions Accepting Quitclaim Deeds to the City of San Leandro Releasing Parking Eeasements on the Public Parking Lot Located at the Northeast Corner of East 14th Street and Callan Avenue (APN 077-0447-007-01)
Staffreport
SUMMARY AND RECOMMENDATIONS
Staff recommends that the City Council approve resolutions to accept the Quitclaim Deeds from Regency Centers, L.P. and Safeway, Inc., which will convey all parking and other rights to the public parking lot located at the northeast corner of East 14th Street and Callan Avenue (APN 077-0447-007-01) to the City of San Leandro. This transfer is necessary to clear title on the property, which will allow for redevelopment of the site in keeping with the Purchase and Sale Agreement with Sansome Pacific Properties.
BACKGROUND
On February 16, 2016, the City of San Leandro approved a Purchase and Sale Agreement with Sansome Pacific Properties, Inc. for the redevelopment of the public parking lot located at the northeast corner of East 14th Street and Callan Avenue. Concurrently, the owners of the adjacent property at 1188 East 14th Street (former CVS/Long's Drug Store) entered into a Purchase and Sale Agreement for the same. The planned redevelopment of these sites will include a mix of retail and residential uses, and associated parking.
The original development of the former Long's Drug Store at 1188 East 14th Street and the associated public parking at Callan Avenue and Hyde Street (the "Property") was governed by an agreement dated December 15, 1969, between the City of San Leandro, the San Leandro Redevelopment Agency, Longs Drug Stores, Conselho San Leandro No. 1 Da Uniao Portugueza Do Estado Da California and Conselho Supremo Da Uniao Portugueza Do Estado Da California.
Referenced in the December 15, 1969 agreement is Plaza Assessment District No. 1, formed in 1968 to acquire properties for development for public parking purposes. Pursuant to Section IV.6 of the 1969 Agreement, own...
Click here for full text