Title
RESOLUTION Authorizing the City Manager to Execute a Standard Public Improvement Agreement for Required Roadway Improvements Associated with the Redevelopment of 2000 Marina Boulevard
Body
WHEREAS, the City approved a Conditional Use Permit and Site Plan Review (PLN17-0005) on April 6, 2017, for the property located at 2000 Marina Boulevard (Assessor's Parcel Number 077A-700-003); and
WHEREAS, an Agreement to Conditions for PLN17-0005 was recorded with the Alameda County Recorder's Office on August 21, 2017, as Series No. 2017182881; and
WHEREAS, the Conditions of Approval require the property owner to construct public improvements on Marina Boulevard; and
WHEREAS, a Standard Public Improvement Agreement between the City of San Leandro and the property owner, 2000 Marina LLC, was presented to this City Council to assure completion of required improvements; and
WHEREAS, said agreement conforms to San Leandro Municipal Code ?7-1-945 et seq.; and
WHEREAS, said agreement is guaranteed by a Performance Bond and a Labor and Materials Bond issued by Liberty Mutual Insurance Company, each in the amount of $1,235,505.26; and
WHEREAS, the City Council is familiar with the contents thereof; and
WHEREAS, the City Manager recommends approval of said agreement and acceptance of said bonds.
NOW, THEREFORE, the City Council of the City of San Leandro does RESOLVE as follows:
1. That the Standard Public Improvement Agreement between the City of San Leandro and the property owner, 2000 Marina LLC, is hereby approved, and execution by the City Manager is hereby authorized; and
2. That the City Manager is authorized to make non-substantial revisions to said agreement, subject to the approval of the City Attorney; and
3. That an original executed copy of said agreement shall be attached to and made a part of this Resolution; and
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