Title
Ordinance adopting a Second Amendment to the Second Amended and Restated Development Agreement (DAA20-0003) between the City of South San Francisco and between BMR Gateway of Pacific I LP, BMR Gateway of Pacific II LP, BMR Gateway of Pacific III LP, and BMR Gateway of Pacific IV LP for the Gateway Business Park Master Plan Project to make minor modifications.
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WHEREAS, BMR - Gateway/Oyster LP ("Owner" or "Applicant") received entitlements for the phased removal and replacement of existing buildings on the 22.6-acre project site and construction of five to six new buildings and two to four parking structures, in five phases, to be located at the corner of Gateway and Oyster Point Boulevards (700, 750, 800, 850, 900, and 1000 Gateway Boulevard), in the Gateway Specific Plan Area ("Gateway Business Park Master Plan Project" or "Project"); and
WHEREAS, on February 10, 2010, after conducting all proceedings and making all findings necessary for the valid adoption and execution of a development agreement for the Property in accordance with Government Code Sections 65864 through 65869.5, the California Environmental Quality Act ("CEQA"), and Chapter 19.60 of the Municipal Code, the City Council adopted Ordinance No. 1423-2010, approving and adopting a development agreement for the property at 700-1000 Gateway Boulevard ("Property"); and
WHEREAS, on May 8, 2013, the City Council adopted Ordinance No. 1471-2013 concerning a First Amended and Restated Development Agreement between City and Applicant ("First Amended DA"); and
WHEREAS, on June 27, 2018, the City Council adopted Ordinance No. 1599-2018 concerning a Second Amended and Restated Development Agreement between City and BMR Gateway of Pacific I LP, BMR Gateway of Pacific II LP, BMR Gateway of Pacific III LP, and BMR Gateway of Pacific IV LP to allow for minor modifications to the agreement, including acknowledgement of the transfer and assignment of the separate parcels to the respective affiliates, ...
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