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HomeMy WebLinkAboutRESOLUTIONS - 04221986 - 86-217 7-1------ _ _�._ _ ..,_�.,.......r .__.__...._ _.._ _. . ..__..._. THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Order on April 22, 1986 , by the following vote: AYES: Supervisors Fanden, McPeak, Torlakson and Powers NOES: None ABSENT: Supervisor Schroder ABSTAIN: None Resolution No. 86/217 SUBJECT: Approval of a DDA between the Redevelopment Agency and Taylor/Ward Properties and Sunspirit 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 Taylor/Ward Properties and Sunspirit Properties, as the designated developer of Specific Plan Development Area 7A, 7B and 8 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 7A, 7B and 8. 2. The conveyance of developer owned property to the Agency for realignment of Oak Road. 3. The orderly development of Area 7A, 7B and 8 in accordance with the Redevelopment Plan. In accordance with California Community Redevelopment Law (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 Taylor/Ward Properties and Sunspirit 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 86-18) between the Redevelopment Agency and Taylor/Ward Properties on file with the Clerk of the Board of Supervisors affecting Specific Plan Development Area 7A, 7B and 8 in the Pleasant Hill BART Station Area Redevelopment Project, is hereby approved. I hereby certify that this to a in*and correct copy at an action taken and en.erod on the ratr ute*of the Board of Supervisors on the data shown. ATTESTM. L9k� PHIL BATCHE R, Clerk of the 130crd cc: Community Development of Supervisors and County Administrator County Administrator County Counsel *oepgty Taylor/Ward Properties/ Sunspirit Properties via RA