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HomeMy WebLinkAboutMINUTES - 04161996 - C87 -f Contra TO: REDEVELOPMENT AGENCY Costa FROM: Phil BatchelorrA c uM. J County Executive Director DATE: April 16i 1996 SUBJECT: Child Care Agreement - Pleasant Hill BART Station Area SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION RECOMMENDATIONS APPROVE and AUTHORIZE the Deputy Director- Redevelopment to execute an Assignment Agreement and Consent to Assignment by and among Kids Wonderland of Pleasant Hill, Asok and Indra Sengupta, and the Agency. FISCAL IMPACT None. BACKGROUND/REASONS FOR RECOMMENDATIONS In February, 1992, the Redevelopment Agency entered into a Disposition and Development Agreement with Kids Wonderland of Pleasant Hill. The DDA provided for certain County and Agency assistance relative to the construction of the Kids Wonderland Day Care Center at Pleasant Hill BART. As part of the DDA, the Agency granted an easement over Agency- owned properties for a portion of the outdoor play area for the child care facilit . CONTINUED ON ATTACHMENT: XX YES SIGNATURE: RECOMMENDATION OF EXECUTIVE DIRECTOR R OMME DATION OF A NCY COMMITTEE APPROVE OTHER SIGNATURE(S): ACTION OF AGENCY ON April 166 , 1996 APPROVED AS RECOMMENDED x OTHER VOTE OF COMMISSIONERS 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. Contact: Jim Kennedy 335-1255 ATTESTED April 16 , 1996 Originator: Redevelopment Agency PHIL BATCHELOR cc: County Administrator AGENCY SECRETARY County Counsel via Redevelopment Asok & Indra Sengupta BY AA. , DEPUTY Kids Wonderland of Pleasant Hill ICRI JKAh sraMkids.bos The Kids Wonderland interests desire to sell the business but retain ownership of the property. The Agency has assisted in identifying a new owner. The recommended Assignment Agreement and Consent to Assignment would constitute the Agency's approval of the new business owner -Asok and Indra Sengupta.