Loading...
HomeMy WebLinkAboutReso - CC - 121-2019RESOLUTION NO. 121-2019 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BURLINGAME ADOPTING AN AMENDMENED RESTATED DISPOSTION AND DEVELOPMENT AGREEMENT WITH PACIFIC WEST COMMUNITIES, INC. REGARDING CITY LOTS FAND N WHEREAS, the City Council determined that City Parking Lots F and N could be developed to provide for both affordable housing and better parking for the downtown area; and WHEREAS, the City considered various proposals and ultimately entered into a disposition and development agreement with Pacific West Communities, Inc. in 2016 for development of Lots F and N; and WHEREAS, the proposed development has since secured development entitlements through the Planning Commission and has refined certain project details and construction timelines; and WHEREAS, the Planning Commission has reviewed both the proposed housing development and required garage development components of the project and has determined that both are consistent with the City's General Plan; and WHEREAS, the Planning Commission conducted and approved all required environmental review on the combined project; and WHEREAS, the disposition and development agreement previously entered into with the Developer needs to be substantially revised to reflect the Council's direction and current project elements; and WHEREAS, the City and Developer have agreed on the terms in the attached Amended and Restated Development Agreement. NOW, THEREFORE, BE IT RESOLVED, that: 1. The Amended and Restated Development Agreement, substantially in the form attached to this Resolution, is approved; 2. The City Attorney is authorized to make such minor changes and corrections as may be necessary in the Amended and Restated Development Agreement to effect the intent of the Agreement and this Council's direction; 3. The City Manager is authorized and directed to execute the Amended and Restated Development Agreement as well as such documents as are necessary to effect the Agreement and complete the transactions set forth within it. (2�) aLt�u Ma or I, MEAGHAN HASSEL-SHEARER, City Clerk of the City of Burlingame, certify that the foregoing Resolution was introduced at a regular meeting of the City Council held on the 7th day of October, 2019, and was adopted thereafter by the following vote: AYES: COUNCILMEMBERS: BEACH, BROWNRIGG, COLSON, KEIGHRAN, ORTIZ NOES: COUNCILMEMBERS:NONE ABSENT: COUNCILMEMBERS:NONE 2