HomeMy WebLinkAboutMINUTES - 03112008 - C.112 T Contra
a =nCosta
County
TO: REDEVELOPMENT AGENCY
owl
FROM- John Cullen, Executive Director
DATE: March 11, 2008
SUBJECT: Orbisonia Heights Property Acquisition, Bay Point Area (District IV) Project No??
SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDED ACTION:
A. APPROVE Purchase and Sale Agreement and ACCEPT the Grant Deed from Herbert B.Neely Jr. and Hazel C.
Neely for the purchase of 540 South Broadway Avenue, Bay Point identified as Assessor's Parcel Number 094-
012-022.
B. AUTHORIZE the Redevelopment Director to execute said Purchase and Sale Agreement on behalf of the
Redevelopment Agency.
C. APPROVE payment of$355,000 for said property and AUTHORIZE the Auditor-Controller to issue a check in
said amount payable to Financial Title Insurance Company, 1676 North California Blvd. Suite P117, Walnut
Creek, CA 94596, Escrow No. 43143190-510-HM to be forwarded to the Real Property Division for delivery.
D. Direct the Real Property Division to have the above referenced Grant Deed delivered to the Title Company for
recording in the Office of the County Recorder.
FISCAL IMPACT:
This activity is funded by the Contra Costa County Redevelopment Agency(100%). No General Fund money was used
on this project.
CONTINUED ON ATTACHMENT: _X_YES SIGNATURE:. 'L Z
✓WECOMMENDATION OF EXECUTIVE DIRECTOR_ C MENDATIO OF AGENCY CO ITTEE
�6 PPROVE _OTHER
SIGNATURE(S
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ACTION OF AG CY/ ON M APPR VED AS RECOMMENDED_%e!�'OT)4ER_
SUPERVISOR
VOTE OF COMMISSIONERS/SUPERVISORS
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 BOARD OF
SUPERVISORWAGENCY ON THE
Contact: Jim Kennedy DATE SHOWN.
335-7225
orig: Redevelopment Agency 2D��
ATTESTED 6C O
cc: County Administrator JOHN CUL EN, CLER OF
Assessor THE BOARD OF SUPERVISORS/
Public Works Real Property - David Kramer AGENCY SECRETARY
B �� �Uj DEPUTY
G:\BoardOrders\BOARD.RDA.3.11.08 RDA.BO. 0rbisonia heights neely parcel
BACKGROUND AND REASONS FOR RECOMMENDATIONS:
This project is to redevelop approximately 7.6 acres of the Orbisonia Heights subdivision with
residential mixed-use,transit-oriented development as described and planned for in the Pittsburg/Bay
Point BART Station Specific Plan approved by the Contra Costa County.Board of Supervisors. In
order to meet the purpose of this portion of the Specific Plan acquisition of the existing residential
properties southeast of the State Highway 4/Bailey Road Interchange must occur.
CONSEQUENCES OF NEGATIVE ACTION:
The Agency will not be able to assemble this property with the current properties already acquired
within the Specific Plan in the unincorporated community of-Bay Point in Contra Costa County.
G:\13oardOrders\BOARD.RDA.3.11.08 RDA..BO. Orbisonia heights neely parcel