Title
Final Passage of Ordinance Approving a Third Amendment to Development Agreement By and Among the City of Alameda, TL Partners I, LP, and Alta Buena Vista Owner, LLC Governing the Del Monte Warehouse Project Located at the Northeast Corner of the Intersection of Sherman Street and Buena Vista Avenue to Extend the Completion Deadline for the Clement Extension Improvements by One Year and Authorizing the City Manager, or Designee, to Grant an Additional One Year Extension without Further Action by the City Council or Planning Board. (Planning, Building and Transportation 481005)
Body
The staff report for this ordinance was included when the ordinance was introduced and is available at the following link:
https://alameda.legistar.com/LegislationDetail.aspx?ID=4687611&GUID=CE30DAB5-E4EA-4047-8B88-A13C0D630E07&Options=&Search=&FullText=1
CITY OF ALAMEDA ORDINANCE NO. ______
New Series
APPROVING A THIRD AMENDMENT TO DEVELOPMENT AGREEMENT BY AND AMONG THE CITY OF ALAMEDA, TL PARTNERS I, LP, AND ALTA BUENA VISTA OWNER, LLC GOVERNING THE DEL MONTE WAREHOUSE PROJECT LOCATED AT THE NORTHEAST CORNER OF THE INTERSECTION OF SHERMAN STREET AND BUENA VISTA AVENUE TO EXTEND THE COMPLETION DEADLINE FOR THE CLEMENT EXTENSION IMPROVEMENTS BY ONE YEAR AND AUTHORIZING THE CITY MANAGER, OR DEIGNEE, TO GRANT AN ADDITIONAL ONE YEAR EXTENSION WITHOUT FURTHER ACTION BY THE CITY COUNCIL OR PLANNING BOARD
WHEREAS, on December 16, 2014, the City Council adopted Ordinance No. 3116 approving a Development Agreement by and between the City of Alameda (City) and TL Partners I, LP (TLP) for the Del Monte Warehouse project located at the northeast corner of the intersection of Sherman Street and Buena Vista Avenue; and
WHEREAS, the City and TLP entered into that certain Development Agreement dated as of January 15, 2015, as amended by that certain First Amendment to Development Agreement dated as of June 8, 2017, and as further amended by that certain Second Amendment to Deve...
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