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RESOLUTION - APPROVAL OF AN EXCLUSIVE NEGOTIATION AGREEMENT WITH FREEBIRD DEVELOPMENT COMPANY, LLC AND ALLIED HOUSING, INC. FOR THE POTENTIAL LEASE AND DEVELOPMENT OF THE FORMER BENNETT VALLEY SENIOR CENTER COMPLEX, LOCATED AT 702 BENNETT VALLEY ROAD, SUBJECT TO APPROVAL OF A DISPOSITION AND DEVELOPMENT AGREEMENT FOR THE PROJECT
RECOMMENDATION: It is recommended by the Housing and Community Services Department and Real Estate Services that the Council, by resolution; 1) approve an Exclusive Negotiation Agreement with Freebird Development Company, LLC and Allied Housing, Inc., the developer selected by Council in September 2019, for the potential lease and development of the former Bennett Valley Senior Center Complex at 702 Bennett Valley Road, subject to approval of a Disposition and Development Agreement for the project; 2) authorize the City Manager to execute the Exclusive Negotiation Agreement; and 3) direct staff to initiate negotiations to enter into a Disposition and Developme...
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