San Jose Ca.Gov
Share to Facebook Share to Twitter Bookmark and Share
File #: 19-219    Version: 1
Type: Redevelopment - Successor Agency Status: Agenda Ready
File created: 4/2/2019 In control: Successor Agency to Redevelopment
On agenda: 4/16/2019 Final action:
Title: Disposition and Development Agreement for Block H with Z & L Properties for the North San Pedro Housing Project Area. - DROP
Attachments: 1. Resolution

...Title

Disposition and Development Agreement for Block H with Z & L Properties for the North San Pedro Housing Project Area. - DROP

...Recommendations

Adopt a resolution finding that Fulton Street Ventures (Z & L Properties) is in default of its obligations pursuant to a Disposition and Development Agreement for Block H in the North San Pedro Housing Project Area and authorizing the Executive Officer to pursue all available remedies, including but not limited to exercising the Successor Agency’s right to retake and offer the property for sale (Right of Reverter), pursuant to the terms of the Disposition and Development Agreement and refer approval of this default action to the County-wide Oversight Board for its approval.

CEQA: Not a Project, File No. PP17-003, Agreements and Contracts, Services that involve no physical changes to the environment. (Successor Agency)

DROP