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TO: REDEVELOPMENT AGENCY
FROM: PHIL BATCHELOR, Contra
EXECUTIVE DIRECTOR Costa
DATE: October 10, 1989 County
SUBJECT: Amendment to Disposition and Development t
Agreement (DDA) between Contra Costa County Redevelopment
Agency and Treat Corners Partnership.
SPECIFIC REQUEST(S) OR RECOMMENDATIONS($) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
Approve an Amendment to the Disposition and Development Agreement
(DDA) between the Contra Costa County Redevelopment Agency (Agency)
and Treat Corners Partnership (Developer) and authorize the
Executive Director or his Designee to execute said Amendment.
FISCAL IMPACT
None.
BACKGROUND/REASONS FOR RECOMMENDATIONS
On August 1, 1989, the Board of Supervisors and the Redevelopment
Agency approved a DDA between the Agency and the Developer. The
subject of the DDA is the development of two ten-story office
buildings totaling 375,000 gross square feet in the Pleasant Hill
BART Station Area (Area 10-A) . The DDA contains a mistake with
respect to calculation of the purchase price for certain Agency
owned parcels. The mistake resulted from an incorrect assumption
regarding the number of square feet attributable to these parcels.
The attached Amendment corrects this mistake.
CONTINUED ON ATTACHMENT: YES SIGNATURE:
a/0>
RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION OF AGEN7 COMMITTE
APPROVE OTHER
SIGNATURE(S) :
ACTION OF AGENCY ON October. 10,. 1989. APPROVED AS RECOMMENDED X OTHER
VOTE OF COMMISSIONERS
X I HEREBY CERTIFY THAT THIS IS A
UNANIMOUS (ABSENT ) TRUE AND CORRECT COPY OF AN
AYES: NOES: ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES OF THE REDEVELOPMENT
AGENCY ON THE DATE SHOWN.
cc: Redevelopment Director ATTESTED October 10 1989
CAO PHIL BATCHELOR,
Auditor-Controller AGENCY SECRETARY
County Counsel
Developer
(via Redevelopment Agency) BY a DEPUTY
SRA1/jb/ddatreat.bos