HomeMy WebLinkAboutMINUTES - 04211987 - 1.122 THE REDEVELOPMENT AGENCY OF CONTRA COSTA COUNTY, CALIFORNIA
Adopted this Order on April 21 , 1987 , by the following vote:
AYES: Commissioners Powers , Fanden, Schroder, Torlakson and McPeak
NOES: None
ABSENT: None
ABSTAIN: None
Resolution No. RA 87-10
SUBJECT: Transfer of rights and obligations from Pleasant Hill
E.S. Limited Partnership to Embassy Suites, Inc. ,
Pleasant Hill BART Station Area Redevelopment Project.
By Resolution No. RA 87-7 the Contra Costa County Redevelopment
Agency approved the Disposition and Development Agreement with
Taylor Woodrow of California, (Agency Contract No. RA 87-1, on file
with the Clerk of the Board of Supervisors) as the designated
developers of Specific Plan Development Area 10B in the Pleasant
Hill BART Station Area Redevelopment Project. The Disposition and
Development Agreement allowed the construction of a ten ( 10) story
hotel facility on a portion of Area 10B by Pleasant Hill E.S.
Limited Partnership.
The Redevelopment Agency has received a request from Pleasant Hill
E.S. Limited Partnership to transfer its rights and obligations
under said DDA to Embassy Suites, Inc.
The Contra Costa County Redevelopment Agency has evaluated the
qualifications and experience of Embassy Suites, Inc. as a hotel
developer and wishes to transfer the rights and obligations under
said DDA from Pleasant Hill E.S. Limited Partnership to Embassy
Suites, Inc.
Therefore the Contra Costa County Redevelopment agency hereby
resolves:
That the rights and obligations of Pleasant Hill E.S. Limited
Partnership under the DDA Agreement with Taylor Woodrow of
California approved by Resolution No. RA 87-7 on March 3, 1987, are
hereby transferred to Embassy Suites, Inc. , and the Executive
Director or his designee is hereby authorized to sign all necessary
documents to effectuate this transfer.
)0herebrve11tty*mt1his'i9&In*mad correct copy of
An action taken and entered on the minutes of the
JRedevelopment A envy on the date shown.
ATTESTED: 1y ,�7
PHIL 814CHELOR,Agency Secretary
JBy Deputy
cc: Redevelopment Agency
Taylor Woodrow of California
Pleasant Hill E. S. Limited
Embassy Suites Inc. ,
Goldfarb & Lipman