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TO: REDEVELOPMENT AGENCY •/ ?' Costa
,.�
FROM: Phil Batchelor J' County
Executive Director C
DATE : May 20, 1997
SUBJECT: Property Lease - Oakley Redevelopment Project Area
SPECIFIC REQUEST (S) OR RECOMMENDATIONS (S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
Approve and authorize the Redevelopment Director to execute a lease
with Valentine Lena for 3540 Main Street in the Oakley Redevelopment
Project Area.
FISCAL IMPACT
No General Fund money will be used on this project.
BACKGROUND/REASONS FOR RECOMMENDATIONS
A major redevelopment activity in Oakley is to improve the
infrastructure. The community and County staff undertook a Specific
Plan process for the Old Town Oakley Area because of the impending
need for improvements to State Route 4 . One property, 3540 Main
Street, is located within the right-of-way of either roadway project
proposed in the Oakley Old Town Specific Plan. The property owners
were unsuccessful in selling their property due to the proposed
roadway projects and they requested the Agency purchase their property
in advance of any roadway infrastructure. The Agency did acquire the
property on May 6, 1997.
CONTINUED ON ATTACHMENT: YES SIGNATURE :
RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMME ATION O AGENCY C071
TTEE
APPROVE OTHER
SIGNATURE (S)
ACTION OF AGENCY ON „?@ /997 APPROVED AS RECOMMENDED OTHER
VOTE OF COMMISSIONERS
/ I HEREBY CERTIFY THAT THIS IS A
1 UNANIMOUS (ABSENT --ar- ) 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: Beth .Lee
646-4076 ATTESTED `�'}��� 20, ll97
cc: Community Development PHIL ObATC14ELOR,
Redevelopment AGENCY SECRETARY
OMAC
Public Works-Real Property
BY �� , DEPUTY
The prior property owners have now vacated the premises and the building is
vacant . The Agency cannot demolish the structure until the Specific Planning
process is concluded. Therefore, the Agency can either have it remain vacant and
board it up or lease the property. Staff recommends leasing the building rather
than having it remain vacant and possibly become a public nuisance. Staff has
identified a leasee and has negotiated terms acceptable to both parties . The
proposed effective start date is June 1, 1997 .
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