Title
Encinal Terminals Development Agreement Annual Review - Applicants: North Waterfront Cove, LLC. The applicants are requesting a periodic review of the Encinal Terminals Project Development Agreement. The consideration of an Annual Report is not a project under the California Environmental Quality Act (CEQA). No further environmental review is required.
Body
To: Honorable President and
Members of the Planning Board
From: Steve Buckley, Secretary to the Board
EXECUTIVE SUMMARY
Alameda Municipal Code (AMC) Section 30-95.1 requires the Planning Board to conduct a public hearing at which the applicant must demonstrate good faith compliance with the terms and conditions of the Encinal Terminals Development Agreement. North Waterfront Cove, LLC. has submitted a letter demonstrating their good faith compliance with the terms and conditions of the DA. (Exhibit 1)
Staff is recommending that the Planning Board approve the annual report and find that the Developers have complied in good faith with the terms and conditions of the DA. The Development Agreement can be found on the City of Alameda website at:
https://www.alamedaca.gov/Departments/Planning-Building-and-Transportation/Planning-Division/Major-Planning-Projects
BACKGROUND
On March 3, 2022, the City of Alameda (City) and North Waterfront Cove, LLC. (Developer) entered into a Development Agreement (DA) for the Encinal Terminals Project. This report provides a status on the activities associated with the DA and the status of the Project covering the annual review period from June 1, 2023 through May 31, 2024. The Developer has submitted letters demonstrating their good faith compliance with the terms and conditions of the DA. (Exhibit 1)
DISCUSSION
Since executing the DA in 2022, the Developers and the City have accomplished the following:
State Lands Exchange Agreement: The most important post-City-approval first step in this project was to complete the State Exchange Agreement, where...
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