Title
Resolution approving a First Amendment to the Exclusive Negotiating Rights Agreement ("ENRA") with SSF PUC Housing Partners, LLC, an affiliate of AGI Avant Group, Inc. (with a recent name change to L37) and KASA Partners, for the development of a former South San Francisco Redevelopment Agency property known as the former Public Utilities Commission Opportunity Site ("PUC Site") (APNs 093-312-050 and 011-312-060), and authorizing the City Manager to execute the First Amendment to the ENRA on behalf of the City.
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WHEREAS, the City of South San Francisco is the owner of certain real property located in the City of South San Francisco ("City"), California, known as County Assessor's Parcel Number 093-312-060 and referred to as the "PUC Site"; and,
WHEREAS, the PUC Site is subject to the City's Long Range Property Management Plan ("LRPMP") as approved by the Oversight Board for the Successor Agency to the Redevelopment Agency of the City of South San Francisco ("Oversight Board"), which establishes a plan for transferring or selling the properties identified thereunder; and
WHEREAS, the City is interested to having the PUC Site developed and sold consistent with the LRPMP, and it solicited proposals from qualified developers pursuant to a Request for Qualifications process and, on March 28, 2018 and May 2, 2018, pursuant to duly noticed public meetings, selected SSF PUC Housing Partners, LLC ("Developer") for the development and disposition of the PUC Site; and
WHEREAS, on March 28, 2018 and May 2, 2018, the City Council directed staff to begin negotiating an Exclusive Negotiation Rights Agreement ("ENRA") with Developer for the purpose of negotiating a property disposition agreement with Developer that will describe the terms and conditions governing the disposition of the PUC Site by City to Developer, attached hereto as Exhibit A; and
WHEREAS, on July 11, 2018, the City approved the ENRA and directed staff to negotiate a property dispositi...
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