HomeMy WebLinkAboutMINUTES - 04181989 - 1.47 1L.-.047
TO: BOARD OF SUPERVISORS ,.wtra
FROM: Harvey E. Bragdon C )sta
Director of Community Development courty
DATE: April 6, 1989
SUBJECT: Sale of Development Rights
SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
Approve and authorize the Director of Community Development or the
Deputy Director of Community Development - Redevelopment to sign an
agreement for purchase of development rights in the Pleasant Hill
BART Station Area.
FISCAL IMPACT
The County of Contra Costa will realize approximately $240 ,000 from
the sale of these development rights at their market value.
BACKGROUND/REASONS FOR RECOMMENDATIONS
Pleasant Hill BART Station Area Specific Plan governs the
intensity of development on properties within the Plan area. This
Specific Plan also provides for the transfer of development rights
(FAR) from one property to another. Certain FAR accrued to
properties currently owned by the County. In a first amendment to
a Disposition and Development Agreement between the Contra Costa
County and the Redevelopment Agency and Taylor-Ward Properties and
Sonspirit Properties, and. in a development agreement between the
County of Contra Costa and Taylor-Ward (both agreements dated
February 22, 1989) provided for the sale of certain FAR, by the
County, to Taylor-Ward. The above referenced agreement will
consummate the sale of said FAR.
CONTINUED ON ATTACHMENT: YES SIGNATURE:
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDAT N "'OF BO COMMI EE
APPROVE OTHER
SIGNATURE(S) :
ACTION OF BOARD ON April 18, 1989 APPROVED AS RECOMMENDED _X_ OTHER
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A
X UNANIMOUS (ABSENT ) TRUE AND CORRECT COPY OF AN
AYES: NOES: ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES OF THE BOARD OF
SUPERVISORS -ON THE DATE SHOWN.
cc: Community Development ATTESTED April. 18, 1989
County Administrator PHIL BATCHELOR, CLERK OF
County Counsel THE BOARD OF SUPERVISORS
Taylor-Ward Properties COUNTY ADMINISTRATOR
Homart Development
McCutcheon, Doyle, Brown & Enerson BY4 . 000 DEPUTY
jk4/jb/salelfdr.bos