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SUMMARY: The City Council is Being Asked to Take Several Actions for the Master Plan for the Del Monte Warehouse Project, Which was Approved in December 2014, Including Subdividing the Property, Authorizing an Agreement to Transfer Certain City Owned Land to the Housing Authority and Outlining the Requirement to Develop Affordable Units.
Conduct a Public Hearing and Approve:
a) PLN15-0165 - 1501 Buena Vista Avenue. Tentative Subdivision Map For A 7-Lot Subdivision on 11.06 Acres to Implement the 2014 Del Monte Master Plan. The Planning Board Recommended City Council Approval of the Tentative Subdivision Map at its May 26, 2015 Meeting. The Project is Located Within a MX-MF (Mixed-Use Planned Development Overlay) Zoning District; and
b) Introduction of an Ordinance Authorizing the Option and Purchase Agreement Between the City of Alameda and the Alameda Housing Authority to Transfer 0.45 Acre Of City-Owned Real Property Identified as Assessor’s Parcel Numbers 079-0383-001 And -002 Located at the Northeast Corner of the Intersection of Buena Vista Avenue and Sherman Street in the City of Alameda, Alameda County, California, to Facilitate the Construction of a 31-Unit Affordable Housing Development; and
c) An Affordable Housing Agreement Between the City of Alameda and TL Partners I, L.P., Outlining the Requirement to Develop 55 Affordable Units, Including the 31-Unit Affordable Rental Housing Development, and to Maintain and Monitor Affordability for at Least 59 Years and Authorize the Interim City Manager to Execute the Agreement. (Community Development 481005) [DEFERRED UNTIL JULY 21, 2015]