Title
Del Monte Development Agreement Annual Review and Proposed Amendment- Applicants: TL Partners I, LP and Alta Buena Vista Owner, LLC. The applicants are requesting: 1) a periodic review of the Del Monte Warehouse Project Development Agreement, and 2) a Planning Board recommendation that the City Council approve a Third Amendment to the Development Agreement to address delays in construction schedules for the Clement Extension Improvements. The consideration of an Annual Report is not a project under the California Environmental Quality Act (CEQA), and the proposed time extension would have no impact on the environment that was not already considered under the original project environmental documents. No further environmental review is required.
Body
To: Honorable President and
Members of the Planning Board
From: Andrew Thomas, Planning, Building and Transportation Director
Date: October 26, 2020
EXECUTIVE SUMMARY
On January 15, 2015, the City of Alameda and TL Partners I, LP (TLP) entered into a Development Agreement (DA) for the Del Monte Warehouse Project. The DA has been amended by a First Amendment to Development Agreement dated June 8, 2017, a Second Amendment to Development Agreement dated July 18, 2018, and two ministerial amendments dated October 25, 2018 and September 25, 2019.
On October 9, 2019, the City granted its written consent to a Partial Assignment of certain rights and obligations under the Development Agreement from TLP to Alta Buena Vista Owner, LLC, a Delaware limited liability company ("ABV"). ABV is currently under construction on the Del Monte Building and Clement Avenue extension. TLP still owns rights to the small pad at the northern end of the site.
Alameda Municipal Code ("AMC") Section 30-95.1 requires 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. TLP and ABV (the "Developers") have submitted a le...
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