Title
Annual Review: Del Monte Development Agreement - Applicant: TL Partners I, LP. The applicant requests a periodic review of a Development Agreement related to the Del Monte Warehouse Master Plan. 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: Andrew Thomas
Acting Planning, Building and Transportation Director
Date: April 8, 2019
BACKGROUND
In January 2015, the City of Alameda and TL Partners I, LP ("Developer"), entered into a Development Agreement (DA) for the "Del Monte Warehouse Master Plan."
Alameda Municipal Code ("AMC") Section 30-95.1 authorizes the Planning Board to conduct a public hearing at which the applicant must demonstrate good faith compliance with the terms and conditions of the DA. In order to demonstrate good faith compliance, the applicant has submitted a Developer Letter of Compliance (Exhibit 1) for the annual review as required under AMC Section 30-95.1 and Article 5 of the DA.
This annual review reports on activities and developments taking place from December 31, 2017 through April 15, 2019.
ANALYSIS
During the Development Agreement Annual Review Period (January 1, 2018 through April 15, 2019), TL Partners I, LP and the City worked together on several activities. Those activities are summarized below and described in full in Exhibit 1:
Jean Sweeney Open Space Park: The Developer is obligated to make a payment of $2,000,000 in order to fund portions of the Jean Sweeney Open Space Park ("JSOSP"), a 22-acre park. The developer made an initial payment of $300,000 in February 2015, and paid $1 million to the Recreation and Parks Department in 2017. During the review period in 2018, the developer paid the remaining $700,000 of the $2 million obligation.
Using the Developer's $2 million contribution as matching...
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