Title
Final Passage of Ordinance Authorizing Acceptance of the Property Located at 2350 Fifth Street from the Successor Agency to the Community Improvement Commission of City of Alameda in Accordance with the Terms of a Purchase and Sale Agreement Between the City and the Successor Agency to the Community Improvement Commission of City of Alameda; and Authorizing the City Manager, or Designee, to Execute a Purchase and Sale Agreement Reflecting a Purchase Price of $430,000 with the Successor Agency to the Community Improvement Commission of City of Alameda, Execute and Record Necessary Affordable Housing Covenant for Approximately 55 Years, and Take Such Other Actions Necessary to Complete the Conveyance of the Property. [City Council] Sale of Surplus Government Property is Exempt from CEQA Review Pursuant to CEQA Guidelines Section 15312 (Surplus Government Property Sales). (Community Development 10061832)
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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=5945584&GUID=582D8CAD-2C24-438E-B730-C763EC68CE8A&Options=&Search=
CITY OF ALAMEDA ORDINANCE NO. ____
NEW SERIES
AUTHORIZING ACCEPTANCE OF THE PROPERTY LOCATED AT 2350 FIFTH STREET FROM THE SUCCESSOR AGENCY TO THE COMMUNITY IMPROVEMENT COMMISSION OF THE CITY OF ALAMEDA IN ACCORDANCE WITH THE TERMS OF A PURCHASE AND SALE AGREEMENT BETWEEN THE CITY AND THE SUCCESSOR AGENCY TO THE COMMUNITY IMPROVEMENT COMMISSION OF THE CITY OF ALAMEDA; AND AUTHORIZING THE CITY MANAGER, OR DESIGNEE, TO EXECUTE THE PURCHASE AND SALE AGREEMENT FOR AN AMOUNT NOT TO EXCEED $430,000 WITH THE SUCCESSOR AGENCY AND TO TAKE OTHER ACTIONS NECESSARY TO COMPLETE CONVEYANCE OF THE PROPERTY
WHEREAS, pursuant to AB1x26 (as amended by AB 1484 and SB 107, collectively referred to as the "Dissolution Act"), the separate legal entity known as the Successor Agency of the Community Improvement Comm...
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