Title
Recommendation to Authorize the City Manager, or Designee, to Execute an Exclusive Negotiation Agreement (ENA) with Brookfield Bay Area Holdings and Catellus to Develop the West Midway Project at Alameda Point. (Community Development 819099)
Body
To: Honorable Mayor and Members of the City Council
EXECUTIVE SUMMARY
On May 19, 2020, the City Council selected the Brookfield Properties/Catellus team (Developer) to develop the West Midway Project at Alameda Point and authorized the City Manager to negotiate an Exclusive Negotiation Agreement (ENA) with Developer consistent with the Form of ENA included in the Request for Qualifications (RFQ). The ENA that was negotiated with Developer includes certain terms that are materially different than those included in the form of ENA, specifically, the length of the initial term of the ENA, the phasing of the project and the use of the $225,000 deposit to be made by Developer were modified from the form. Therefore, staff is requesting that City Council authorize the City Manager to execute the negotiated ENA, a copy of which is attached as Exhibit 1.
BACKGROUND
On March 9, 2020, the City of Alameda (City) issued an RFQ for the development of the West Midway Project. The RFQ included a required Acceptance of Conditions Certification Form, which asked respondents to describe any requested modifications to the form of the ENA and stated that no changes to the ENA would be considered that were not raised as part of the response to the RFQ. On March 30, 2020, Developer submitted a Statement of Qualifications (SOQ) in response to the RFQ in which with no modifications to the form of ENA were requested. On May 19, 2020, the City Council selected Developer and authorized the City Manager to negotiate an ENA with Developer consistent with the form of the ENA included in the RFQ.
Staff, Developer and/or the Collaborating Partners have met on four occasions over the last several months:
1) June 3, 2020: Project kic...
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