Title
Final Passage of Ordinance Approving a Disposition and Development Agreement (DDA) (and Related Documents) between the City of Alameda and Alameda Point Partners, LLC (APP) for the Site A Development at Alameda Point. [Requires four affirmative votes] (Base Reuse 819099)
[NOTE: THE DISPOSITION AND DEVELOPMENT AGREEMENT EXHIBITS ARE LENGTHY; HARDCOPY MAY BE VIEWED AT THE CITY CLERK'S OFFICE AND LIBRARY REFERENCE DESKS]
Body
CITY OF ALAMEDA ORDINANCE NO. ________
New Series
AUTHORIZING THE CITY MANAGER TO EXECUTE A DISPOSITION AND DEVELOPMENT AGREEMENT DDA-_____ AND ALL OTHER NECESSARY DOCUMENTS BETWEEN THE CITY OF ALAMEDA AND ALAMEDA POINT PARTNERS, LLC TO SELL AND LEASE APPROXIMATELY 68 ACRES OF REAL PROPERTY AT THE SITE A DEVELOPMENT AT ALAMEDA POINT
WHEREAS, the Naval Air Station Alameda and the Fleet and Industrial Supply Center, Alameda Annex and Facility ("NAS Alameda"), which encompasses the Naval facilities and grounds comprising the western end of the City of Alameda ("City") and consists of approximately 1,546 acres of real property, together with the buildings, improvements and related other tangible personal property located thereon and all rights, easements and appurtenances thereto, was decommissioned by the United States Department of the Navy (the "Navy") in 1993 and closed in 1997; and
WHEREAS, the City is desirous of advancing the socioeconomic interests of City and its residents by promoting the productive use of the former NAS Alameda consistent with the NAS Alameda Community Reuse Plan (the "Reuse Plan") adopted by the Alameda Reuse and Redevelopment Authority ("ARRA") in 1996 and subsequently amended in 1997, and by encouraging quality development and economic growth, thereby enhancing employment opportunities for residents and expanding the City's property tax base; and
WHEREAS, the United States, acting by and through the Navy, approved the ARRA's Economic Development Conveyance Application and s...
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