Title
Recommendation to Authorize the Interim City Manager to Execute a Reimbursement Agreement for Estuary Park Access between the Successor Agency to the Community Improvement Commission, City of Alameda and Catellus Alameda Development, LLC. [City Council and SACIC] (Community Development 256)
Body
To: Honorable Chair and Members of the Successor Agency to the Community Improvement Commission of the City of Alameda
Honorable Mayor and Members of the City Council
From: David L. Rudat, Interim City Manager
EXECUTIVE SUMMARY
In July 2017, the City Council approved an amendment to the Bayport/Alameda Landing Master Plan for the final development phase of Alameda Landing north of Mitchell Avenue. That amendment requires the developer, Catellus Alameda Development, LLC (Catellus), to construct an access road to Estuary Park, located to the west of the project.
On March 20, 2018, as part of the Fiscal Year (FY) 2017-18 Mid-Year Budget update, the City Council appropriated $800,000 from the FISC Lease Revenue budget to accelerate construction of the access road ahead of the schedule. The attached Reimbursement Agreement (Exhibit 1) spells out the terms and conditions under which the City will provide the funding to Catellus to construct the improvements, and Catellus will then reimburse the City up to $615,258 at the time of future residential parcel sales.
On January 2, 2019, the City Council and the Successor Agency considered the reimbursement agreement and directed staff to return with a revised design for the access road that would better meet the City's Pedestrian Design Guidelines. The addition of a three-foot wide gravel shoulder adjacent to the bicycle and pedestrian pathway will accomplish that goal. Authorizing the Interim City Manager to execute the reimbursement agreement will allow the access road to be built more quickly and more cost-effectively.
BACKGROUND
In July 2017, the City Council approved an amendment to the Bayport/Alameda Landing Mas...
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