Title
Final Passage of Ordinance Approving a Purchase and Sale Agreement for the Sale of City-Owned Property Located at 650 West Ranger Avenue (Building 92) to Ernst Development Partners, Inc., and Authorizing the City Manager to Execute the Purchase and Sale Agreement and Related Documents. [Requires four affirmative votes] (Base Reuse and Economic Development 29061822)
Body
The staff report for this ordinance was included when the ordinance was introduced and is available at the following link:
https://alameda.legistar.com/LegislationDetail.aspx?ID=7977229&GUID=A9C794FA-CF12-4B68-9704-11F2403DA1F3&Options=&Search=&FullText=1
This ordinance was not revised when it was introduced.
Full text of the ordinance:
CITY OF ALAMEDA ORDINANCE NO. ______
APPROVING A PURCHASE AND SALE AGREEMENT FOR THE SALE OF CITY-OWNED PROPERTY LOCATED AT 650 WEST RANGER AVENUE (BUILDING 92) TO ERNST DEVELOPMENT PARTNERS, INC., AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE PURCHASE AND SALE AGREEMENT AND RELATED DOCUMENTS
WHEREAS, the City of Alameda (City) owns certain real property located at 650 West Ranger Avenue, commonly known as Building 92 (Property); and
WHEREAS, the Property is located within Alameda Point, the former Naval Air Staton Alameda, a military base conveyed to the City by the United States Navy and subject to reuse and redevelopment consistent with applicable plans, policies, and agreements; and
WHEREAS, the Property is designated for adaptive reuse under the Alameda Point Adaptive Reuse (AP-AR) zoning district, which allows for a range of commercial and employment-generating uses within existing structures; and
WHEREAS, the City conducted a competitive Request for Proposals (RFP) process to solicit qualified buyers for the purchase and adaptive reuse of the Property, consistent with the City's disposition strategy for Alameda Point; and
WHEREAS, multiple proposals were received and evaluated based on criteria including...
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