HomeMy WebLinkAboutRESOLUTIONS - 03251986 - 86-168 T, .5
THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA
Adopted this Order on March 25, 1986 by the following vote:
AYES: Supervisors Fanden, Schroder, Torlakson and Powers
NOES: None
ABSENT: Supervisor McPeak
ABSTAIN: None
---------------------------------------------- Resolution No. 86/168
SUBJECT: Approval of a DDA between the Redevelopment Agency and
Walnut View Properties, Pleasant Hill BART Station Area
Redevelopment Project.
It is the intent of the Redevelopment Agency to enter into a
Disposition and Development Agreement (DDA) with Walnut View
Properties, as the designated developer of Specific Plan
Development Area 1B in the Pleasant Hill BART Station Area
Redevelopment Project. The purpose of the DDA is to provide for:
1. The conveyance of Redevelopment Agency owned property
to the developer to complete the assembly of Area 1B.
2. The conveyance of developer owned property to the.
Agency for realignment of Oak Road.
3 . The orderly development of Area 1B in accordance with
the Redevelopment Plan.
In accordance with California Community Redevelopment taw (Health
and Safety Code Section 33433) the Agency has prepared a Summary
Report on the DDA; the Summary Report and the DDA have been made
available for public inspection; and, the Agency and Board of
Supervisors have held a duly noticed public hearing to consider
the DDA.
The DDA is in the best interest of the County and the Agency, and
is necessary for implementation of the Pleasant Hill BART Station
Area Redevelopment Plan.
The Board of Supervisors finds that the purchase price of
property interests to be conveyed to Walnut View Properties
pursuant to the DDA is not less than the fair market value of
such interests determined at the highest and best use permitted
under the Redevelopment Plan.
Therefore, the Board of Supervisors hereby resolves:
That certain Disposition and Development Agreement (Agency
Contract No. RA 86-14) - between the Redevelopment Agency and
Walnut View Properties on file with the Clerk of the Board of
Supervisors affecting Specific Plan Development Area 1B in the
Pleasant Hill BART Station Area Redevelopment Project, is hereby
approved.
1 hereby codify that this Is a true MW correct copy of
an action taken and entered cm the minutes of the
Board of Supervisors on tho date shown.
ATTESTED: �� • Z�S�Y
PHIL BATCHELOR,Clerk of ttte Board
of Supervisors and County Administrator
cc: Redevelopment Agency By Oeputy
Community Development
County Administrator
County Counsel
Resolution No. 86/168