Title
RESOLUTION to Approve a Public Highway and Pedestrian At-Grade Crossing Agreement with Union Pacific Railroad for Improvements to the Alvarado Street Rail Crossing of the Niles Subdivision
Body
WHEREAS, Chang Income Property Partnership LP, San Leandro Land Series (R1), a Delaware Limited Partnership, entered into a Development Agreement with the City that governs development of the San Leandro Tech Campus, recorded as Series No. 2014153467 on June 27, 2014, Alameda County official records (Development Agreement); and
WHEREAS, Paragraph 1.4.4.c of the Development Agreement obligates the property owner to complete pedestrian safety improvements within the roadway and railroad rights-of-way as part of Phase 2 office building construction; and
WHEREAS, SLTC, LLC (SLTC), a California limited liability company, is currently developing the Phase 2 office building on behalf of the property owner, and has assumed responsibility for implementation of required railroad crossing safety improvements; and
WHEREAS, SLTC deposited $1,336,932.50 in impact fee funds as payment for the City's Development Fee for Street Improvements (DFSI) into an account governed by an Escrow Agreement between SLTC and the City dated February 9, 2017; and
WHEREAS, San Leandro Municipal Code Section 7-11-125 provides that a DFSI fee credit may be disbursed from the escrow account "...for street construction costs where street widening is required in excess of fourteen (14) feet. The credit shall be equal to the standard qualities and cost, as determined in the sole and absolute discretion of the City Engineer, to construct street improvements in excess of fourteen (14) feet"; and
WHEREAS, SLTC has documented eligible fee credits in the estimated amount of $156,180; and
WHEREAS, the California Public Utilities Commission issued General Order 88-B, Request for Authority to Alter the Alvarado Street At-Grade ...
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