Title
Recommendation to Approve Eric Levitt, City Manager, Lisa Maxwell, Assistant City Attorney, Debbie Potter, Community Development Director, and Michelle Giles, Redevelopment Project Manager, as Real Property Negotiators for Site A at Alameda Point. (City Manager)
Body
To: Honorable Mayor and Members of the City Council
EXECUTIVE SUMMARY
The City of Alameda (City) entered into a Disposition and Development Agreement (DDA) with Alameda Point Partners (APP) in 2015, for the development of Site A, a 68-acre site at Alameda Point, with 800 residential units and up to 600,000 square feet of commercial uses. From time to time, over the course of the development contemplated pursuant to the DDA, there may be a need to renegotiate provisions of the agreement. Such negotiations may fall within the scope of price and terms for which the City Council must designate real property negotiators prior to meeting in closed session to provide direction to the negotiators.
BACKGROUND
The City entered into a DDA with APP in July 2015, for the development of Site A. Over the past five years, the DDA has been amended five times to address a variety of issues that have arisen during project implementation. Phase 1 construction commenced in June 2017, and backbone infrastructure is nearing completion with West Atlantic scheduled to open by the end of May 2020. The 60-unit senior affordable project will be occupied by the end of May 2020, and construction is underway on Block 6 (62 townhomes) and Block 9 (200 rental units). Construction will begin on the 70-unit affordable family project in early June 2020.
Given the 15-20 year life span of the development project, it is to be expected that issues will arise warranting further real property negotiations related to price and terms, which the City Council may discuss in closed session. Before conducting such closed session items, the City Council must identify its real property negotiators.
DISCUSSION
Under Government...
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