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HomeMy WebLinkAboutMINUTES - 03112008 - C.113 TO: REDEVELOPMENT AGENCY t FROM: John Cullen, Executive Director 0. Costa DATE: March 11 2008 ~~k County SrA �o�x� SUBJECT: Orbisonia Heights Property Acquisition,Bay Point Area e� SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION Recommencled Action: A. APPROVE Purchase and Sale Agreement and ACCEPT the Grant Deed from Walter L.Jasper and Jennie B. Jasper, for the purchase of 631 Bailey Road, Bay Point, identified as Assessor's Parcel Number 094-013- 007. B. AUTHORIZE the Redevelopment Director to execute said Purchase and Sale Agreement on behalf of the Redevelopment Agency. C. APPROVE payment of$121,000 for said property rights 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. 43143199-510-HM to be forwarded to the Real Property Division for delivery. D. Direct the Real Property Division to have the above referenced Grant Deed elivred to the Title Company . for recording in the Office of the, County Recorder. Continued on Attachment: � SIGNATURE: a []-RECOMMENDATION OF COUNTY ADMINISTRATOR ❑ RECOMMENDATION OF BOARD COMMITTEE PROVE: OTHER SIGNATURE(S): ACTION OF It D.ON Ka A C ZLO APPR V AS RECOMMENDED V' O JHER VOTE OF SUPERVISORS V UNANIMOUS(ABSENT _) AYES: NOES: ABSENT: ABSTAIN: :csp G:\RealProp\Rede)ielopment\BO Orbisonia Heights Jasper Pareel.doc I hereby certify that this is a true and correct Orig.Div: Redevelopment Agency Contact: Maureen Toms—Redevelopment Agency(335-7230) copy.Of an action taken and entered on the cc: County Administrator minutes of the Board of Supervisors on the Assessor's Office date shown. PW Real Property,—C.Pina-Sandoval ATTESTED:f'LGV V� 6 v JOHN CULLEN,Cterk of the Board of Supervisors and County Administrator By Deputy SUBJECT: Orbisonia Heights Property Acquisition, Bay Point Area DATE: March 11, 2008 , PAGE: 2 Fiscal Impact: This activity is funded by the Contra Costa County Redevelopment Agency(100%). No General Fund money was used on this project. Reasons for Recommendations and Background: 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. {