...Title
Actions Related to the Fourth and Reed Street Surplus Designation and Purchase Option to Habitat for Humanity.
...Recommendations
Adopt a resolution:
(a) Determining that the City-owned 0.24-acre property located at the southeast corner of the intersection of East Reed Street and South Fourth Street is not needed for, nor adaptable to, municipal purposes and is, therefore, surplus to the needs of the City; and
(b) Authorizing the City Manager to negotiate and execute an Eighteen-Month Option to Purchase agreement with Habitat for Humanity East Bay/Silicon Valley to sell a portion (approx. 5,227 sq. ft.) of the City’s East Reed Street and South Fourth Street property.
CEQA: Determination of Consistency with the Garden Gate Tower Final Supplemental Environmental Impact Report (Resolution No. 79320). Council District 3. (Economic Development)