HomeMy WebLinkAboutMINUTES - 11282008 - C.97 TO: REDEVELOPMENT AGENCY L 'O Contra
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FROM: David Twa, Executive'.Director � o t��t �'�
Costa
DATE: November 18, 2008 �cy
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SUBJECT: Orbisonia Heights Property Acquisition, Bay Point Area
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SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION
Recommended Action:
A. APPROVE Purchase and Sale Agreement and ACCEPT the Grant Deed from Eugene F.Ponce Sr.,Trusee,for
the purchase of 580 South Broadway, Bay Point identified as Assessor's Parcel Number 094-012-026.
B. AUTHORIZE the Redevelopmrient Director to execute said Purchase and Sale Agreement on behalf of the
Redevelopment Agency.
C. APPROVE payment of$500,000 for said property rights and AUTHORIZE the Auditor-Controller to issue a
check in said amount payable to North American Title Company, 630 San Ramon Valley Blvd., Suite 120,
Danville,CA 94526 Escrow No.54705-827927-08 to be forwarded to the Real Property Division for delivery.
D. DIRECT the Real Property Division to have the above referenced t eed delivered to th Title
Company for recording in the Office of the County Recorler.
Continued on Attachment: ® SIGNATURE: ` C/C'v" C/zm
RECOMMENDATION OF COUNTY ADMINISTRATOR
COMMENDATION OF BOARD COMMITTEE
APPROVE ❑ OTHER
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SIGNATURE(S): A f /
ACTION OF BOARD ON f V VV1v APPRO AS RE OMMENDED V OT/IER
V9TE OF SUPERVISORS
V UNANIMOUS(ABSENT )
AYES: NOES:
ABSENT ABSTAIN:
DABayPoint\Development Zone 2\acquisition\B0 Orbisonia Heights Ponce.doc
I HEREBY CERTIFY THAT THIS IS A TRUE AND
.Orig.Div: Redevelopment Agency CORRECT COPY OF AN ACTION TAKEN AND
.Contact: Maureen Toms—Redevelopment Agency(335-7230) ENTERED ON THE MINUTES OF THE
cc: County Administrator
Assessor's Office REDEVELOPMENT AGENCY ON THE DATE SHOWN.
PW Real Property—D.Kramer
ATTESTED
David Twa,AGENCY SECRETARY LLL�C7
By:
Deputy
• I
SUBJECT: Orbisonia Heights Property Acquisition, Bay Point Area
DATE: November 18, 2008
PAGE: 2
Fiscal Impact:
This activity is funded by the Contra Costa County Redevelopment Agency(100%). No General Fund money was
used on this project.
Reasons for Recommendations and Background:
This project is to redevelop approximately 7.6 acres of the Orbisonia Heights subdivision with residential mixed-use,
transit-oriented development as described and planned for in'the Pittsburg/Bay Point BART Station Specific Plan
approved by the Contra Costa County Board of Supervisors. In order to meet the purpose of this portion of the.
Specific Plan acquisition of the existing residential properties southeast of the State Highway 4/Bailey Road
Interchange must occur.
Consequences of Negative Action:
The Agency will not be able to assemble this property with the current properties already acquired within the
Specific Plan in the unincorporated community of Bay Point in Contra Costa County.