HomeMy WebLinkAboutReso 131-1996 RESOLUTION NO. 131-96
CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA
A RESOLUTION RESCINDING THE EXCLUSIVE
NEGOTIATING RIGHTS AGREEMENT WITH BAY
WRST COV~,L.L.P.
WHEREAS, pursuant to Resolution No. 41-96 dated April 3, 1996
the City Council of the city of South San Francisco approved an
Exclusive Negotiating Rights Agreement (ENRA) with Bay West Cove,
L.L.P. for the development of the Shearwater Redevelopment Project;
and
WHEREAS, the anticipated development would be a retail project
with a potential for a mixed use retail/office development; and
WHEREAS, the ENRA has not been executed by Bay West Cove,
L.L.P., since it was approved by the City Council, and since that
time Bay West Cove, L.L.P. has acquired the Shearwater property,
has had a Remedial Action Plan approved by the Regional Water
Quality Control Agency, to the City for consideration; and
WHEREAS, conditions have changed to the extent that if a new
agreement is negotiated, it should be based on the proposed new
project.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the
City of South San Francisco hereby rescinds Resolution No. 41-96
dated April 3, 1996 entitled "A Resolution Authorizing an Exclusive
Negotiating Rights Agreement with Bay West Cove, L.L.P. For
Development of the Shearwater Site."
I hereby certify that the foregoing Resolution was regularly
introduced and adopted by the City Council of the City of South San
Francisco at a regular meeting held on the llth day of
~ptember , 1996 by the following vote.
AYES: Councilmembers Joseph A. Fernekes, Eugene R. ~.lullin, John R.
Penna, Robert Yee and Mayor Jack Drago
NOES: N0ne
ABSTAIN:None
ABSENT None
Rescind. ENR