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Resolution 14213 and CIC 08-156E u. 0 co co "0 a) 0 a a a CITY OF ALAMEDA RESOLUTION NO. 14213 APPROVING AND AUTHORIZING EXECUTION OF A SECOND AMENDMENT OF THE DISPOSITION AND DEVELOPMENT AGREEMENT (ALAMEDA LANDING MIXED USE PROJECT) WITH PALMTREE ACQUISITION CORPORATION WHEREAS, on December 5, 2006, the City of Alameda, pursuant to Resolution No. 14050, made certain findings and determinations pursuant to Section 33445 of the Community Redevelopment Law and approved the Disposition and Development Agreement (Alameda Landing Mixed Use Project) ( "Alameda Landing DDA ") with Palmtree Acquisition Corporation ( "PAC "); and WHEREAS, on December 6, 2006, the CIC, pursuant to Resolution No. 06- 148, authorized the Executive Director to execute the Alameda Landing DDA with PAC; and WHEREAS, the CIC and PAC executed the Alameda Landing DDA on July 20, 2007; and WHEREAS, on December 4, 2007, the CIC, pursuant to Resolution No. 07- 151, authorized the Executive Director to execute a First Amendment to the Alameda Landing DDA with PAC ( "First Amendment "); and WHEREAS, on December 4, 2007, the City, pursuant to Resolution No. 14162, approved the First Amendment; and WHEREAS, the CIC and PAC executed the First Amendment on December 4, 2007; and WHEREAS, on June 3, 2008, following notice duly and regularly given as required by law, the CIC and the City Council held a joint public hearing on a Second Amendment to the Alameda Landing DDA ( "Second Amendment') and related documents, and heard all interested persons expressing a desire to comment thereon or object thereto. NOW, THEREFORE BE IT RESOLVED, that the City Council finds the proposed Second Amendment to be consistent with the Business and Waterfront Improvement Project, including the Mixed Use Land Use Designation, and the City of Alameda General Plan. BE IT FURTHER RESOLVED, that the City Council hereby approves the Second Amendment in substantially the form on file with the City Clerk's office, subject to any minor conforming, technical or clarifying changes approved by the Executive Director of the CIC and CIC Counsel. I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda during the Special Joint City Council, Alameda Public Financing Authority and Community Improvement Commission meeting on the 3rd day of June, 2008, by the following vote to wit: AYES: Councilmembers deHaan, Gilmore, Matarrese, Tam and Mayor Johnson - 5. NOES: None. ABSENT: None. ABSTENTIONS: None. IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 4th day of June, 2008. c� w Lara Weisiger, City Cle City of Alameda COMMUNITY IMPROVEMENT COMMISSION OF THE CITY OF ALAMEDA RESOLUTION NO. 08 -156 AUTHORIZING THE EXECUTIVE DIRECTOR TO ENTER INTO A SECOND AMENDMENT TO THE DISPOSITION AND DEVELOPMENT AGREEMENT (ALAMEDA LANDING MIXED USE PROJECT) WITH PALMTREE ACQUISITION CORPORATION WHEREAS, on December 6, 2006, the Community Improvement Commission ( "CIC "), pursuant to Resolution No. 06 -148, authorized the Executive Director to execute the Disposition and Development Agreement (Alameda Landing Mixed Use Project) ( "Alameda Landing DDA ") with Palmtree Acquisition Corporation ( "PAC "); and WHEREAS, the CIC and PAC executed the Alameda Landing DDA on July 20, 2007; and WHEREAS, on December 4, 2007, the CIC, pursuant to Resolution No. 07 -151, authorized the Executive Director to execute First Amendment to the Alameda Landing DDA ( "First Amendment "); and WHEREAS, the CIC and PAC executed the First Amendment on December 4, 2007; and WHEREAS, on June 3, 2008, following notice duly and regularly given as required by law, the CIC and the City Council held a joint public hearing on the Second Amendment to the Alameda Landing DDA ( "Second Amendment ") and related documents, and heard all interested persons expressing a desire to comment thereon or object thereto, and considered the Second Amendment; and WHEREAS, the CIC has determined that by amending the Alameda Landing DDA, the CIC will further encourage the productive use and redevelopment of underutilized former military base property. NOW, THEREFORE BE IT RESOLVED, that the CIC finds the proposed Second Amendment to be consistent with the Business and Waterfront Improvement Project, including the Mixed Use Land Use Designation, and the City of Alameda General Plan. BE IT FURTHER RESOLVED, that the CIC hereby authorizes the Executive Director to enter into a Second Amendment to the Alameda Landing DDA with PAC substantially in the form and containing the terms and conditions and covenants as set out in the Second Amendment to the Alameda Landing DDA on file at the City Clerk's office, subject to any minor conforming, technical or clarifying changes approved by the Executive Director and CIC Counsel. The Executive Director and Secretary of the CIC are hereby further authorized and directed to take such further actions and execute such documents as are necessary to carry out the Alameda Landing DDA, as amended by the First Amendment and, as amended by the Second Amendment on behalf of the CIC. I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Community Improvement Commission of the City of Alameda in a Special Joint Meeting of the City Council, Alameda Public Financing Authority and Community Improvement Commission meeting on the 3rd day of June, 2008, by the following vote to wit: AYES: Commissioners deHaan, Gilmore, Matarrese, Tam and Chair Johnson - 5. NOES: None. ABSENT: None. ABSTENTIONS: None. IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said Commission this 4th day of June, 2008. Beverly Joh Community Imp vement Commission Lara Weisiger, Secreta Community Improvemen ommission