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HomeMy WebLinkAboutCC Resolution 13977 (Lennar ENRA)RESOLUTION NO. 13977 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN RAFAEL AUTHORIZING CITY STAFF TO PROCEED WITH NEGOTIATIONS AND PREPARATION OF AN EXCLUSIVE RIGHT TO NEGOTIATE AGREEMENT WITH LENNAR MULTIFAMILY COMMUNITIES REGARDING POTENTIAL REDEVELOPMENT OF 1001 FOURTH STREET, 926 THIRD STREET AND THE THIRD AND LOOTENS PARKING GARAGE WHEREAS, the City of San Rafael ("City") owns the real property and parking garage known as the Third-Lootens Parking Garage ("Parking Garage"); and WHEREAS, THE City adopted "our Vision of Downtown" in 1993, which was incorporated into the goals of the General Plan as Goal 6 "provide a vibrant Downtown" General Plan Goal 6 includes the following implementation policies: NH 16 to substantially expand Downtown's economic success and increase opportunities for retail, office and residential development; NH 22 to create a popular and attractive residential environment that contributes to the activity and sense of community in Downtown; NH 34 to encourage activities that will promote the Fourth Street Retail Core as being "Alive after five"; and WHEREAS, one of the City Council goals is to provide neighborhood and economic vitality by supporting the development of key Downtown sites and the City Council's Economic Development Committee has also adopted "support development of key sites such as 1001-1009 Fourth Street"; as one of their eight priorities; and WHEREAS, Lennar Multifamily Communities ("Developer") has proposed redeveloping the City Parking Garage at Third and Lootens and adjoining privately - owned properties on which Developer holds an option to purchase, including the property located at 1001 Fourth Street into a mixed use development, including new multi -family housing and related amenities, private parking and replacement public parking ("Project"); and WHEREAS, staff engaged Seifel Consulting to evaluate the preliminary economic feasibility of the proposed Project and the preliminary analysis indicates that the current proposal provides adequate financial consideration for the City to consider further negotiations regarding the potential Project; and WHEREAS, funds have been appropriated in the Economic Development Department budget for the current Seifel Consulting contract; and WHEREAS, staff is seeking authorization from City Council to proceed with the negotiations and preparation of a draft Exclusive Right to Negotiate Agreement ("ERNA") between the City and the Developer, which will provide a framework and 1220\01\1729086.1 timeframe to negotiate an agreement for the development of the Project, which ERNA will be presented for consideration by the City Council; and WHEREAS, the City Council's Economic Development Subcommittee considered the staff's request to proceed with negotiations and the preparation of a proposed ERNA for the Project at its meeting on July 9, 2015, and recommended approval by the City Council; and WHEREAS, this Resolution does not commit the City to approve any land use approvals for the Project or approve any agreement with the Developer; and WHEREAS, the staff report accompanying this Resolution provides additional information about the potential project. NOW THEREFORE, BE IT RESOLVED by the City Council of the City of San Rafael as follows: 1. The City Council hereby finds and determines that the above recitals are true, correct and incorporated herein. 2. City staff is hereby authorized to negotiate and prepare a proposed ERNA with Developer to develop the potential Project, provided that nothing in this Resolution or the conduct of the negotiations and preparation of the ERNA commits the City to approve any land use approvals for the Project or approve any agreement with the Developer. 3. This Resolution shall take immediate effect upon adoption. I, ESTHER C. BEIRNE, Clerk of the City of San Rafael, herby certify that the foregoing resolution was duly and regularly introduced and adopted at a regular meeting of the City Council of the City of San Rafael held on the twentieth day of July, 2015, by the following vote: AYES: COUNCILMEMBERS: Bushey, Colin, McCullough & Mayor Phillips NOES: COUNCILMEMBERS None ABSENT: COUNCILMEMBERS Gamblin ESTHER C. BEIRNE, City Clerk 2 1220\01\1729086.1 V pr � is l- 4-1 m m 0 a C r- O Z Z mii scn 0 m z0 az A z P, -ar I I jazz p Y I ligg v�,cC, TTY -. - Md