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HomeMy WebLinkAboutMINUTES - 08201985 - T.1 TO: REDEVELOPMENT AGENCY FROM: Phil Batchelor, Contra Executive Director Costa DATE: July 20, 1985 County SUBJECT; Sale of Property at 1401 Las Juntas Way Pleasant Hill BART Station Redevelopment Project RESOLUTION N0 . RA 85-9 SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION The Contra Costa County Redevelopment Agency is in receipt of an Agreement from Taylor/Ward Properties, designated Master Developers for portions of the Pleasant Hill BART Station Area Redevelopment Project, to purchase certain Agency owned property at 1401 Las Juntas Way, Walnut Creek, CA, within the project area, for $232 , 208 . 00. The Agency has prepared a summary of the agreement, which has been made available for public inspection, and the Agency and Board of Supervisors has held a duly noticed public hearing to consider this agreement. The Agreement would be in the best interest of the County and the Agency and is necessary for the implementation of the Pleasant Hill BART Station Area Redevelopment Plan. The Agency finds that the purchase price Taylor/Ward Properties is to pay for the property is not less than the fair market value of those rights determined at the highest and best use permitted under the Redevelopment Plan. Therefore, the Agency hereby resolves that the Executive Director is authorized to execute, on behalf of the Agency an agreement with Taylor/Ward Properties providing for the Agency to sell and Taylor/Ward Properties to purchase that certain property located at 1401 Las Juntas Way, Walnut Creek, CA for a purchase price of $232 , 208. 00 and for such other terms and conditions as the Executive Director deems fair and reasonable. The Agency hereby authorizes the Executive Director to execute any documents or take any actions necessary to carry out the agreement with Taylor/Ward Properties. CONTINUED ON ATTACHMENT: YES SIGNATURE: RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF AGENCY COMMITTEE APPROVE OTHER SIGNATURE(S) ACTION OF AGENCY ON 7777 -S APPROVED AS RECOMMENDED _ OTHER VOTE OF COMMISSIONERS UNANIMOUS (ABSENT ) 1 HEREBY CERTIFY THAT THIS IS A TRUE AYES: NOES: AND CORRECT COPY OF AN ACTION TAKEN ABSENT: ABSTAIN: AND ENTERED ON THE MINUTES OF THE REDEVELOP- MENT AGENCY ON THE DATE SHOWN. cc: Redevelopment Agency ATTESTED .2 1? 915- all interested persons via RA PHIL BATCH OR, AGENCY SECRETARY M392/7-93 BY DEPUTY RESOLUTION NO . RA 85-9 4 b TO BOARD OF SUPERVISORS FROM: Anthony A. Dehaesus, Contra Director of Community Development Cost DATE: July ZO, 1985 C ourty SUBJECT: Sale of Property at 1401 Las Juntas Way Pleasant Hill BART Station Redevelopment Project RESOLUTION NO . 85/498 SPECIFIC REQUESTS) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION The Contra Costa County Redevelopment Agency is in receipt of an Agreement from Taylor/Ward Properties, designated Master Developers for portions of the Pleasant Hill BART Station Area Redevelopment Project, to purchase certain Agency owned property at: 1401 Las Juntas Way, Walnut Creek, CA, within the project area, for $232 , 208 . 00 . The Agency has prepared a summary of the agreement, which has been made available for public inspection, and the Agency and Board of Supervisors has held a duly noticed public hearing to consider this agreement. The Agreement would be in the best interest of the County and the Agency and is necessary for the implementation of the Pleasant Hill BART Station Area Redevelopment Plan. The Board of Supervisors finds that the purchase price Taylor/Ward Properties is to pay for the property is not less than the fair market value of those rights determined at the highest and best use permitted under the Redevelopment Plan. Therefore the Board of Supervisors hereby resolves that an agreement between the Redevelopment Agency and Taylor/Ward Properties for the sale of that certain property located at 1401 Las Juntas Way, Walnut Creek, CA to Taylor/Ward Properties, for $232 , 208 , 00, is APPROVED . r CONTINUED ON ATTACHMENT: _ YES SIGNATURE: RECOMMENDATION OF COUNTY ADMINISTRATOR REC ME AFF ION OF BO RD COMMI TEE APPROVE OTHER SIGNATURE S p (� ACTION OF BOARD ON 61 Y5 APPROVED AS RECOMMENDED OTHER VOTE OF SUPERVISORS 1 HEREBY CERTIFY THAT THIS IS A TRUE UNANIMOUS (ABSENT ) AND CORRECT COPY OF AN ACTION TAKEN AYES: NOES: AND ENTERED ON THE MINUTES OF THE BOARD ABSENT: ABSTAIN: OF SUPERVISORS ON THE DATE SHOWN. G L cc: Redevelopment Agency ATTESTED all interested person s via RA PHIL BATCHEL CLERK OF THE BOARD OF SUPERVISORS AND COUNTY ADMINISTRATOR BY DEPUTY M382/7-83 RESOLUTION N0 . 85 598 �� 'v