...Title
Actions Related to the Agreement with S.J. Sierra Group, LLC and BGT Development, LLC, for Turnkey Parks within the Flea Market North Project Site.
...Recommendations
(a) Approve a Turnkey Park Improvement and Excess Credit Agreement for Tentative Maps No. PT15-067 and PT15-068 with S.J. Sierra Group, LLC, and BGT Development, LLC, (“Developer”) to construct turnkey improvements at two park sites previously dedicated to the City as part of the Flea Market North Project:
(1) Master Plans for the two park sites;
(2) Turnkey Park Improvement Plans for the two park sites.
(b) Approve "Mercado park" for the name of the park site located near the intersection of Mercado Way and Sierra Road, located approximately 450 feet north of Berryessa Road, and along the east side of Coyote Creek.
(c) Adopt the following Appropriation Ordinance and Funding Sources Resolution amendments in the Subdivision Park Trust Fund:
(1) Increase the estimate for Developer Contribution by $595,000;
(2) Establish the Mercado Park Design Review and Inspection appropriation in the Parks, Recreation and Neighborhood Services Department in the amount of $297,500;
(3) Establish the Bruzzone Way Park Design Review and Inspection appropriation in the Parks, Recreation and Neighborhood Services Department in the amount of $297,500
CEQA: San José Flea Market General Plan Amendment & Planned Development Rezoning Final Environmental Impact Report (Resolution No. 73956) and Addenda thereto, File Nos. GP06-04-01 and PDC03-108. (Parks, Recreation and Neighborhood Services/City Manager)