PREPARED BY: CHARLES CHING DATE OF MEETING: 07/01/19
SUBJECT:
TITLE
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN PABLO APPROVING AND AUTHORIZING THE EXECUTION OF AN EXCLUSIVE NEGOTIATIONS AGREEMENT WITH BROOKFIELD BAY AREA HOLDINGS, LLC, FOR NEGOTIATION OF A DISPOSITION AND DEVELOPMENT AGREEMENT PERTAINING TO THE FORMER EL PORTAL ELEMENTARY SCHOOL SITE (2600 MORAGA ROAD, SAN PABLO)
Label
CITY MANAGER RECOMMENDATION
Recommendation
Adopt Resolution
BODY
COMPLIANCE STATEMENTS
Expand Housing Options is a major policy goal under the FY 2019-21 City Council Priority Workplan, effective March 1, 2019.
CEQA Compliance Statement
This is not a project requiring environmental review pursuant to the California Environmental Quality Act (CEQA).
BACKGROUND
The City of San Pablo (the "City") owns the real property formerly occupied by the El Portal Elementary School at 2600 Moraga Road (the "Site"). A portion of the Site is currently occupied by a fenced soccer field and the City desires to have that portion of the Site (the "Park Parcel") more fully developed as a park that would include an adult-sized soccer field, a tot lot play area, a picnic area, restrooms, lighting, parking and landscaping (the "Park Project").
Brookfield Bay Area Holdings, LLC, (the "Developer") has expressed a desire to purchase approximately five acres of the Site (the "Development Parcel") for development of a single family residential project (the "Residential Project"), and to build the Park Project for the City, along with certain other considerations, as the purchase price for the Development Parcel.
A proposed Exclusive Negotiations Agreement (the "ENA") has been prepared for execution by the City and the Developer that would establish a timeframe and the parameters for the negotiation of a Disposition and Development Agreement ("DDA") between the City and the Developer providing for the sale of the Development Parcel to the Developer and the development by the Developer of ...
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