DATE: January 19, 2016
TO: Mayor and City Council
FROM: Assistant City Manager
SUBJECT
Title
Authorization to Enter into an Exclusive Right to Negotiate Agreement with William Lyon Homes, Inc. for a Proposed Development Located in South Hayward Near Dixon and Valle Vista Avenues
End
RECOMMENDATION
Recommendation
That the Council adopts the attached resolution (Attachment I) authorizing the City Manager to enter into an Exclusive Right to Negotiate Agreement (ERNA) with William Lyon Homes, Inc. for an initial period of four months (120 days) to develop conceptual development plans for certain properties in South Hayward within the former Route 238 corridor.
Body
BACKGROUND
Since 2011, the City has been working in earnest with the California Department of Transportation (Caltrans) on the disposition of the undeveloped properties within the 238 Bypass Freeway Project area. Extensive background on this project was presented to the Council on January 12, 2016 when the Council considered and ultimately approved a Purchase and Sale Agreement with Caltrans (see related file LB 16-007: Draft Purchase and Sale Agreement with the California Department of Transportation for the City of Hayward to Acquire Excess Property in the 238 Bypass Corridor). This agreement will transfer certain undeveloped properties within the Route 238 corridor to the City. The City will now have the responsibility for preparing these properties for transfer/sale to third parties in a manner that will provide the most value to the community and cause the most expeditious funding of the Local Alternative Transportation Improvement Program (LATIP).
In anticipation of this transfer of properties, the City hired Dutra Cerro Graden (DCG) to assist with a conceptual land planning exercise for certain properties in South Hayward near Dixon and Valle Vista Avenues, which included some of the Caltrans-owned 238 properties. Attachment II shows...
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