HomeMy WebLinkAboutMINUTES - 05131986 - 1.55 /, 51
TO: REDEVELOPMENT AGENCY
FROM: Phil Batchelor, Executive Director
DATE: May 13, 1986
SUBJECT: Owner Participation Agreement with Urban West
SPECIFIC REQUEST(S) OR RECOMMENDATIONS) & BACKGROUND AND JUSTIFICATION
Recommended Action
Approve and authorize the Executive Director or his Designee to execute an
Owner Participation Agreement (OPA) (Redevelopment Agency Contract No. RA 86-20
on file with the Clerk of the Board) between the Agency and Urban West
Communities and UWC - Oak Road for development of Pleasant Hill BART Station
Specific Plan Area 15 in accordance with the Redevelopment Plan. The activity
contemplated by the agreement was described adequately in the Specific Plan EIR
and the supplemental EIR prepared for the adoption of the Pleasant Hill BART
Station Area Redevelopment Plan. Having evaluated the activity contemplated
in the Agreement, the Agency finds that no new significant environmental effect
will occur, and approves the activity as being within the scope of the projects
covered by the aforementioned EIR's.
.Financial Impact
No direct impact, although the Redevelopment Agency is dependent on anticipated
tax increment revenues to be generated by the Urban West Project.
Background/Reasons for Recommendation
Urban West Communities is the property owner and master developer of Specific
Plan Area 15 in the Pleasant Hill BART Station Area Redevelopment Project.
Urban West has final development plan approval on Phase I of their project
(3011-84) , which is under construction, and preliminary plan approval on the
remainder. Urban West has also executed a Development Agreement with the
County dated March 29, 1986.
The Agency has determined that the proposed development of Area 15, approved by
the County, conforms to the Redevelopment Plan as it exists and is in
compliance with the Rules to Implement Preference to Dislocated Businesses and
Owner Participants in the Project Area. In conformance with said Rules the
Agency and Urban West desire to enter into an OPA setting forth the rights and
obligations of each with respect to the timely development of the property in
accordance with plans approved by the County.
'CONTINUED ON ATTACHMENT: YES SIGNATURE: / �
Recommendation of County Administrator _Recommendation of Board Committee
Approve Other:
SIGNATURE(S) :
ACTION OF BOARD ON: 130 84 APPROVED AS RECOMMENDED OTHER
01
VOTE OF SUPERVISORS
UNANIMOUS (ABSENT) I HEREBY CERTIFY THAT THIS IS A TRUE AND
AYES: NOES: CORRECT COPY OF AN ACTION TAKEN AND
ABSENT: ABSTAIN: ENTERED ON THE MINUTES OF THE BOARD OF
SUPERVISORS/REDEVELOPMENT AGENCY ON THE
DATE SHOWN. /
cc: Executive Director ATTESTED
County Counsel Phil Batcheq or
Redevelorrent Director Clerk of the Board of Supervisors
and County Administrator
BY
Deputy Clerk