HomeMy WebLinkAbout02.14.2024@631 SP Joint CC and Successor AgencyWednesday, February 14, 2024
6:31 PM
City of South San Francisco
P.O. Box 711 (City Hall, 400 Grand Avenue)
South San Francisco, CA
Library Parks & Recreation Building, Council Chambers
901 Civic Campus Way, South San Francisco, CA
Joint Special Meeting City Council and Successor Agency
JAMES COLEMAN, Mayor/Chair (District 4)
EDDIE FLORES, Vice Mayor/Vice Chair (District 5)
MARK ADDIEGO, Councilmember/Boardmember (District 1)
MARK NAGALES, Councilmember/Boardmembe (District 2)
BUENAFLOR NICOLAS, Councilmember/Boardmembe (District 3)
ROSA GOVEA ACOSTA, City Clerk
FRANK RISSO, City Treasurer
SHARON RANALS, City Manager
SKY WOODRUFF, City Attorney
Special Meeting Agenda
1
February 14, 2024Joint Special Meeting City Council
and Successor Agency
Special Meeting Agenda
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Page 2 City of South San Francisco Printed on 2/12/2024
2
February 14, 2024Joint Special Meeting City Council
and Successor Agency
Special Meeting Agenda
CALL TO ORDER
ROLL CALL
AGENDA REVIEW
PUBLIC COMMENTS - Comments are limited to items on the Special Meeting Agenda.
CONSENT CALENDAR
Report regarding Joint Resolution authorizing the City Manager and Executive Director
to the Successor Agency to execute the Second Amendment to the Amended and
Restated Owner Participation Agreement
(Lindsay D’Andrea, City Attorney’s Office).
1.
Joint Resolution authorizing the City Manager and Executive Director to the Successor
Agency to execute the Second Amendment to the Amended and Restated Owner
Participation Agreement
1a.
ADJOURNMENT
Page 3 City of South San Francisco Printed on 2/12/2024
3
City of South San Francisco
Legislation Text
P.O. Box 711 (City Hall, 400
Grand Avenue)
South San Francisco, CA
File #:24-145 Agenda Date:2/14/2024
Version:1 Item #:1.
Report regarding Joint Resolution authorizing the City Manager and Executive Director to the Successor
Agency to execute the Second Amendment to the Amended and Restated Owner Participation Agreement
(Lindsay D’Andrea, City Attorney’s Office).
Staff recommends that the City Council and Successor Agency Board approve a resolution authorizing
the City Manager and Executive Director to execute the Second Amendment to the Amended and
Restated Owner Participation Agreement
BACKGROUND
On June 17,1981,the City of South San Francisco (“City”)adopted the Redevelopment Plan for the South San
Francisco Gateway Redevelopment Project (the “Redevelopment Plan”).In 1981,the City,the Redevelopment
Agency of South San Francisco (“Agency”),and Homart Development Co.(“Homart”)entered into an owner
participation agreement (subsequently amended eight times)addressing the redevelopment of property owned
or subsequently acquired by Homart within the Redevelopment Plan area.In 1992,the Parties entered into an
Amended and Restated Owner Participation Agreement;in 1993,the Parties entered into an amendment to the
Amended and Restated Owner Participation Agreement;and in 1997,the Parties entered into the certain First
Amendment to the Amended and Restated Owner Participation Agreement (as amended,the “OPA”).The OPA
is attached to this staff report as Attachment 1.
On February 1,2012,the State of California dissolved all redevelopment agencies in the state and established
successor agencies to assume certain rights and obligations of the former agencies.Cal.Health &Safety Code
§§34170 et seq.(“Dissolution Law”).Pursuant to the Dissolution Law,the Agency dissolved,and its assets and
obligations were transferred to the successor agency to the former Agency (the “Successor Agency”).The City
Council serves as the governing body of the Successor Agency.
The OPA governs certain “Property”in the Redevelopment Plan area as depicted in Exhibit A-1 to the OPA and
depicted in Attachment 2 to this staff report.Alexandria Real Estate Equities,Inc.(ARE)affiliated entities own
thirteen (13)properties within the Property identified in the OPA.The OPA distinguishes between fee
obligations for the Oyster Point Separation Project applicable to certain parts of the Property identified as the
“Affected Property”(described in Exhibit A-2 to the OPA and depicted in Attachment 2 to this staff report)and
those parts identified as the “Homart Property”(described in Exhibit A-3 to the OPA and depicted in
Attachment 2 to this staff report).Specifically,the Homart Property is a smaller area located entirely within the
Affected Property. All of the properties owned by ARE affiliated entities are within the Homart Property.
City staff and the City Attorney’s Office did a comprehensive review of the obligations in the OPA applicable to
the property owned by ARE affiliated entities and has determined that all of the obligations applicable to such
have either been satisfied or are no longer appropriate to enforce.Specifically,as to the following OPA
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obligations:
·Oyster Point Separation Project.The OPA recognizes that the owner of the Homart Property made a
prepayment towards the Oyster Point Separation Project and in light of that prepayment,the OPA only
obligates developers of the Homart Property to contribute to the cost of the Oyster Point Separation
Project if building permits are granted that result in construction of improvements that would contribute
more than a specified number of trips.The OPA further states that the developers of the Homart
Property need not contribute at all once the City has raised sufficient funds to meet its local share of the
cost of the Oyster Pont Separation Project.For the purposes of the OPA,the letting of the first
construction contract for the construction of the Oyster Point Separation Project is conclusive evidence
that the local share of the cost of the Project has been raised.The Oyster Point Separation Project has
been completed and thus,there are no future circumstances where developers of the Homart Property
would be obligated to further contribute to the Oyster Point Separation Project.
·Permitted Densities.The land use controls of the Redevelopment Plan have expired.Thus,density
restrictions in the Plan are no longer enforceable,and the City’s General Plan and Zoning dictate the
appropriate densities.However,even if the Redevelopment Plan densities were not expired,the total
amount of constructed/approved/proposed development for the properties at issue is within the
identified densities in the OPA.
·Review Authority for Precise Plans.The OPA requires applicants for Precise Plans to seek approval
from an architectural control committee and the City’s Design Review Board.After passage of the
Dissolution Law,land use review authority within the Redevelopment Project area reverted to the City.
As such,the City’s design review requirements under the Municipal Code apply,and these provisions
are no longer operative.
·Insurance Requirements.The OPA includes a requirement that as a condition of Precise Plan approval,
applicants may be required to obtain certain insurance.ARE affiliated entities maintain insurance in
accordance with industry standards as part of development projects.Thus,the insurance requirements
in the OPA are not necessary.
DISCUSSION
As the OPA no longer contains appropriate or necessary obligations applicable to the properties owned by the
ARE affiliated entities and the continued existence of the OPA creates administrative burdens and clouds on the
respective owners’titles,ARE has requested that the OPA be terminated as to properties owned by ARE
affiliated entities.City staff and the City Attorney’s Office have reviewed the OPA and have determined that
amending the OPA to remove the properties at issue is permissible and of no significant legal effect since the
obligations have all been satisfied or are no longer appropriate to enforce.
Therefore,the City Attorney’s Office has prepared the Second Amendment to the OPA attached to the
associated Resolution,which if approved by City Council and the Successor Agency Board,would remove the
properties owned by the ARE affiliated entities from the OPA,effectively terminating the OPA as to thoseCity of South San Francisco Printed on 2/12/2024Page 2 of 3
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properties owned by the ARE affiliated entities from the OPA,effectively terminating the OPA as to those
entities.
FISCAL IMPACT
There is no fiscal impact associated with the proposed Second Amendment to the OPA as all of the financial
obligations of the OPA have been satisfied or are no longer enforceable.
CONCLUSION
City Staff recommends that the City Council approve a resolution authorizing the City Manager to execute the
Second Amendment to the OPA.
Agency Staff recommends that the Board of the Successor Agency approve a resolution authorizing the
Executive Director to execute the Second Amendment to the OPA.
ATTACHMENTS
ATTACHMENT 1 - OPA
ATTACHMENT 2 -Diagram of “Property,”“Affected Property,and “Homart Property”in the Gateway
Redevelopment Area in connection with the OPA
ASSOCIATIONS
Resolution authorizing the City Manager of the City and the Executive Director of the Successor Agency to
execute the Second Amendment to the OPA
·Exhibit A - Draft Second Amendment
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ilrgIrDED IITD N,ESETTEDorilEn PtntrIcrPtrrof, [GnEEHEltr
Datscr tugrurt re, lera
7
T4BLE OF CpNTEUFS
ARTICLE I
DEFTHTTIOHS . . . . . . . . . ., . .
ARTICLE II
DEBT TO HOI-IART . . . . . . . . . . . . . . . . . . .. . . {.Agreetrent on Arnount . . . . . . . . . . . . . . . r {.Sgcurlty . r . . . . . . . . . . . . . . . , . . . 4.*i:#:":r"1":ilt.i'.*:':':::::::::::::3:,
IRTICI,E IrI 6.
DEXIEI.OPTTEHT OF PROPERTY . . . . . . . . r . . . . . . . 6.Pgrnlttgd Usgg . . . . r . . . . . . . . . . . . o 6.Densltlee - Affected Property . . . . . . . . . . . 6.Archltectural CouuLttgg . . . . . r . . . . . . . . i.
InsrrranCE . . . . . . . . . . . . . . . . , r . . . 7.
ARTICLE .IV 8.No}{DIscRIltIllATIotl . . . . r . . r . r . . . . , . . . . g.
NondlscrlulnationCovenanta r . .. ........ 8.
ARTICLE V 10.
OYSTER POfHt SEPARf,TIOH PRO.IECE . . . . . . . . . . . . 10.
Assessuent District Surplus . . . . . . . . . . . . 10.
Dgvgloper Contrl,butlon . . . . . r , ! . . . . . . 11.
Ho Further Fees or Contrlbutions . . . . . r . . . 15.
ARTICLE VI 15.
I'iISCEIJAIIEOUS r . . . . . r . . . . . . . . e . . . ., . 15.
NOtlCeS .. . . . . i . . . . . . . . . . . . . . . . 15.Prlvatg ProJect . . . . . . . . . . . . . . . . . . 16.
Succgssor8 and Asgigne . . . . . . . . . . . . . . 16.
l{ortgage Protgction . . . . . . . r r . . . . . . . 17.InteEratl,on . . . . r . . . . . . . . . . . . . . . 17.Conflict ol Intgrgst . . . . . . . . . . . . . . . 1?.Nonllablltty of Aqfency and Ctty offlcials and
Paqa
2.
. . . . . a . . . . 2.
{.
App
E&
hployegg . . . . . . . . . . . . . r . . . e 18.
llCablg lratf . . . . . . . . r . . . . . . . . . 18.
lblte . . . . . r . . . . . . . t . r rt . . . . 18.
8
ru{ElTDED tlTD REETI.TED
P.HElm rcBEEl{qu
THrs AIIEHDED }t{D RESTATED ouner partlclpatlon and
Deveropuent Agrreeuenr re uade aa of ilre ?-Ott+ay of dsff,
1992 by and a'ong THE crrY oF sourH sAlI FnAllcrsco a l,Iunlelpal
COTPOTAT1ON (iCItYtr); REDEI'EI,oPHET{E AGEHCY OF rHE CrET OF SOTIIE
s}}I FRil{crsco, a pub\tc body coqporate and poHtlc (iAgency.);
and HO!-IART DElrEInpuEltIt co., a Derauare coqporatl,on (rDeverolnrr).
EECITA&E:
wHEREn's, Clty, tgeney and Developea entered lnto urat
certaLn orner PartLclpatton and Developuent tEreeuent dated aE of
l{arch 19, 1981 ln connestton ulth the Redevelopnent plan for the
south san Francl'sco GateHay Redevelopuent DlEtrlct, uhlch
agreeDent uaa auended by eight anenrlments dated Deceuber 30,
1981, June 15, rg83, Augnrst 24, r9g3, septeuber 3o, 1gg3 ,
Hovelnber 13 , lg8s, october g , rg8 E, June zz , lggg and r{ay 22 ,
1991 (the orlglnal onner Partl.ctpatlon and Developnent f,greeuent,
aE so auended, shall be referred to herel.n aB the iErlstlng
OPAi); and
I{IlEREf,s' ctty, tgency and Deveroper deelre rurther to
auend and eoupletely restate the Exlstlng opA to ttre end that
this auendnent and restateuent shall coupletely Eupersede and
repraee the Existing opt ( ineluding arl auendnente) ;
9
NOI{, THEREFoRE,
covenants and agrree4enta
agree as followe:
ln conslderatLon
hereln contalned,
of the uutual
the partlea herato
ARrrCtE I
DEFTHTTToEE
For the Purposes of thrs agreetrent,
uill have the followlng deflnltions:
the follorlng vorda
r.1 trldvancer shall trean r 10an to the Agency to b€repald ln accordance utttr the appllcabre provl,eLone of t'aRedevel0proent r,ar and rn accordance urth thre a*lreeEent
1 ' 2 ilAgencyr sharl Dean the Redeveropuent rgency ofthe clty of South San fancl.aco.
---F--'
1.3 trAssessuent Dletrlctr shall Ecan the GateuayAssessuent Dlstrtct ST_g2_2.
l. { nClty" ehall Eean
a Hunlcipal corporatl,on.
the Ctty of Souilr San fanclsco
1'5 trcontrrbutr.onf, shalr Dean a palment to or for thebenefit of the Agency or the proJect vrth no correspondrngobllgatlon of repalaent.
1 ' 6 trDeveroperr or rHouarti shall Eean Eouart
Deveropnent co', t Derarare coqporatlon, and lte auccessorE andIts grantees rrth raapect to any portton of the property.
1' 7 ' nDebt to Hoaarti shall Dean trre auount set fortlr2.1, belng ure EuE of Advancee for rrhleh Houartr rrls entltled to repalrEent frou the Agency.
ln Sectlon
Developer,
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10
1. I iloyeter polnt separatl,onn shalt Eean r propoaed
grade separatlon at oyeter PoLnt Bourevard and the southern
Pactflc tracks, together ulth rerated lreeuay accesr and etreet
tuproveuente lncludrng, urthout rrnr.tatron, thc freeuay
overcroEEing, curb8, gutters, blcycle ranes, sldeualke,
landscapJ,ng, elgns and slgnals, land aegrrlsltlona, utlllty and
atora draln relocatlona, envlronEental asEessnente and reporte,
archltecture and englneerlng.
1. 9 trplani shart Dean ttre f lnar redevelopnent .pran
adopted by the Agency for the Gateray Redevelopuent proJect tn
accordance vltlr tha provlel.one of the Redevelopuent Lau.
1'lo trProJect, lreail shall Eean the area rlthln the ctty
of south san ranclseo uhlch Ls subJect to and descrlbed ln the
Plan.
1.11nProperty'shaIltreanthateertal'nrealproperty
Eore partlcurarry descrl'bed ln Exhlbtt t hereto and shorrn on the
naP attached as Exhlbtt A-l hereto, whlch uaar rt ttre tlne of the
execution of the Ercisting oPA, owned by Developer, together wlth
other parcers withln the ProJect Area which uere subsequently
acgrired by Developer.
(a) itffected propertyr sharl Dean the property
descrLbed ln
i::t.
t-2.
(bl rHouart property" ehalr Dean the property
descrlbed ln Exhtbtt A-3.
1- 12 trRedevelopuent r,avi shalt Dean the coununlty
R'edevelopnent Lar set forth tn Part r (couuenclng ultlr sectlon
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11
31000) of Dlvlsron 24 0f the Hearth andof CalLfornla.
Safety Code of the Statr
1. 1I nspeclflc planr ehall
Plan Dlstrlct (Chapter ZO.S? of the
code), aa aroended frou tr.ue to ttne.
1 ' 14 frTax rncrenentr shalr Dean that portl0n of taxrevenues frou the ProJect Area r*hlch ar€ avartable to ure tgencyfor the' repal'Fnt of roans, Advancea and indebt"an."" ;; ;other Purllo'es of the AgencT ln aceordanes uith ;" provleronr ofSectlon 336?0(b) of the Redevelopuent Lau.
1.15 ilTax Increuent Bondsr shall Eean bonde, notel,interiu certLf l'cates, debenturee and ourer obrlgatlons issued byttre Agency pursuant to Artlele v (couuenclng ulth sectron 3361o1 ,of the Redevelopuent Lau.
ARTICI.,E ff
. The
Hundred Hinety Dorlars ($rarosgrBgo). Thr.e anount rncludee arllnterest to the 3l't day of october 1992. FroE and atter tse31st day of october, 1ggz, the Debt to Houart sharr bear r,ntereetat the rate of.O2l6t p€r day.
2 -2 sFcurrtr. The oblrgatlon to repay the Debt toHonart shall be eectted by r flret pledge of the Eax rnereuent,lncludlng the proeeede of Tax rncreuent Bonde, and arl Taxrncrenent frou the ProJect Area Le hereby allocated to the
-{-
Eean the Gateway Speclflc
Seuttr San fanelEco Hunlclprl
12
prlnclpal and l.nterest upon the Debt to Houart rrnttl
furt thereof. Tax rncreuent eharl ba lpplled eorcry
to the payuent of such prlnclpal and tntereet, except that Agency
shall allocate twenty percent (20t) of Tax rncreaent to the rpr
and lloderate rncoue HouElng Hrnd trhtch haa been created by the
Agency ln the tranner prescrlbed ln sectLona 3333{.2 and 3333{.3
of the Healttl and satety code of the state of callfornLa and
sharr nake such other alrocatLons frou Tax rncreuent aa tray b€
requJ'red by apprlcabre state rar. The Tax rncreuent frou tlre
ProJect after sueh regulred allocatlons shall bG referred to
hereLn aE rHet Tax Increuentr.
2.2.1 Ehe aforesald predge and arlocatlon of
Net Tax rncrenent le for tlre exeruslve beneflt of Houart for the,
rePaYDent of the Debt to Houart, and shall b€ irevocabre rurtil
the Debt to Houart has been pald ln furr.
2.2.2 lgency agreee that lrou and after ttre
for any purlrosee
paynent
palment
date hereof, Net Tax rncreuent sharl not be ueed
other than the repaynent of the Debt to Houart.
of
1n
2.3 . On JanuarT l and
July I of each year, cotrDenclng Januarl 1, 1gg3 and contl.nulng
untl'l the Debt to Honart has been pald ln tull, Het Tax rncreuent
shall be pald to Houart and ehall be applled flrst to lntereat
accrrred and unpatd and tlrereafter to the prlnc!,pal anount of g1rs
Debt to Houart. Agency agree8 that tt ehall uBG lte b,egt efforte
to sell Tax Increnent Bonds ln an anount sufflelent to repay all
of the Debt to Houart on or before october 31, lggz.
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13
2. { Release of SecurLtv.Upon the palment ln tull ot
of Sectlone Z.Z and 4.3 shallthe Debt to Holoart, the provl.slona
b€ nuII and voLd.
TRTICLE III
DErrEIEPlrElrT OF PROPE'RilI
3.1 Permltted Uses. PeruLtted UEee rlthln the prolect
Area shall be aE set forth ln tlre speelflc pran.
3.2 Densttles - lff-eqled Propqrty. The per:rultted .
densLtLes on the Affected Property shatl b€ as eet forth on
E:&lbtt B hereto, s&Ject to the follovlng:
3.2.1 I{lthout the approval of t}re tEency no
noro than one hundred forty thousand ( 1{ O, 000} Eqluars feet of
research and dEvelopuent uaee uay ba developed rtttrln that
portJ.on of the Affected Property descrlbed ar Zone IV ln;hc
Specific Plan. AE a part of the preclse plan approval for sutrh
entltleuent uithln zone rv, lgency wiII lnpose I speclal
condition that the lnltlal use of such researctr and developuent
facility be linited to a slngle orrner or lessee user.
3.2.2 SubJect to the provislons of ttre
Speclflc Pfan, Developer shall be entitled to_ develop up to an
addltlonal tro hundred thousand (2oorooo) sguare feet of retaLl
EPace ( tn addltlon to that "*a forth on E&tbtt Bl to atrcol;odate
a destl.natl.on retal.I user. pEovlded that there shatl bc a
correlative reductlon hereunder ln the denslty of other usea
ulthl,n ttre Affected Property, to the extent necesEarT to avoid a
elgniflcant Lncrease ln the peak-hour trlp count frou the
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14
tlfected Property over that whtch yat antl,ctpated at the tlnc
that the envl.ronnental lupact report for thg proJect ral
certLfled.
3.3 Archltectural gomrnlttec. UnIeaE ualved ln rrttlrq
by the Executlva Dl,rector of the Agency, all appllcants for
approval of a Precl'se PIan wlthln the Property pursuant to tlrr
Speclflc PIan, shall subnlt evl,dence that ure proposed
l.rnproveruent has been approved by the trchltectural Control
Couulttee created under and pursuant to the Declaratlon of
Gatetray Center recorded Deceuber 31, 19s1 (Ho. 223g2-f,8) I ar
auended.
3.3.1 f,ll appllcatl.onc uads to tlrr Agency for
Precl,se PIan approval ulttrln ttre Property shall b€ refer,1.ed to
the Destgn Revlet Board of the Ctty for revleu and advl.ce to thr
Agency- Developer t{tll cornply wlth procedurea establlshed by tlrc
Design Reviev Board for the subrul.seion of plans and other
docurnents necessary for its revieu of the Developerre
appl Lcatl.on.
3 . a rnsuraFee. Agency Eay reguirc, aE a condltlon to
Preclse PIan Approval for the developuent of any 1ot or parcel,
tlrat the developer o! guch lot or parcel fgrnlah or Gauac to bc
furnLshed to the tgency dupllcate orlgtnels or rpproprlats
certl'flcatee of l,neurance poltcles for ths folloulnE coveraEe3s
3 .l . 1 couuerel.ar Generar and tutouobtrcl
Hot ress than Flve Hundred Thousand Dorrare ($5oor 000l for
injurles lncludlng but not liruited to death to any one peraon and
-l-
15
subJect to the Bal[E rlutt for each p€reon; not reee than onr
l{1111on Dorrara ( $ r, ooo , ooo ) coublned eJ,ngrc ltatt psr oceur=snc.
for bodrly tnJuryr p€raonar injury or property dauagei and not
less than Flve Hundred Thousand DoIIars ($SoOr00o) autouobtlr
coveraEe, coublned slngle llntt, ln eaeh case nanJ.nE tha tgency
and the ctty aE addttlonar lnsureds. such Lnsurance shall also
provlde that the lnsurancs atforded thereunder shall b€ prharl
aE to any other Lnstrrance or rel,nsurance eoverlng or ava!.le.bp to.
the clty of south san ranclBco and ttrat such lnsurance and
relnsurance ehalr not be regulred to contrlbute to any llabtllty
or loss untLl and turless the approxluate llult of ltabtltty
tf,forded by Deveroper I c I'nsurance le exlraueted and that guch
policles tray not be canceled rlttrout at least ten (10) dayel
prior rrrl'tten notLce to the Agency and the ctty. . The Agency
IEay reguire that such lnsuranc€ b€ nalntalned untll the
iuproveuents approved for developuent Ln the precl,se plan have
been substantlally conpleted.
3 . { . 2 r{orhers coupensatl,on and hproyetrr !
Ltabiltty rnsurance: statutory coverag€.
ARTICLE TV
rroHprscRrHrHATrIN
{.1 . Developer shall
' ref ral'n frou reetrlctlng ttre rental, sale or leasa of thr
Property or parcele on the basl.e of sex, racr, color, retlgloDr
ancestry or national orlgln of any person. All euch deede or
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16
reaeee sharl contaln or b€ BubJ eet to substantlally ttrr f olloulng
nondLscrlul,nation or non8egregatl,on claueea l
{.1.1 rn deeds: trThe grantee hereln covenants
by and for hlneelf or herself, hle or her helra, executors,
adnlnletratore and aa.lgns, and arl perEona clalulnE under or
through theu, that there sharl be no dlscrlnlnatlon agalnst, orsegregatlon o!, any person or group of perEons 0n aecount ofrace, color, creed, rarlElon, rex, uar.!.tal gtatur, natlonal rorlgin or ancestrT ln the eare, lease, subreaee, tranefer, u8r,
ocsupancy' tenure or enJoYuent of the preuiees herel,n eonveyed,
nor sharl the grrantee, or any per'on cralnlng under or throuEhhlu or her' estabrleh or pemit any suclr practlce or practrc€a ofdl'scrlnlnatlon or Eegregatlon rlth referencs to the eerectJ,on,
locatJ'on, nunber, use or occupancy of tenantr, resseea,
subtenants, sublessee' or vendeee in the preuiser herel,n
conveyed' The foregolng covenant Ehalr run ulth the rand. r
{.1.2 rn. lqas.es: iThe leseee herel,n covenanta
by and for hluserf or herserf, hrs or her herrs, executore,
aduinlstrators and asslgns, and all persons eralulng under or
through hlu or her, and thls rease ts nade and eecepted upon and
subject to the follorlng condltions:
Ehat there sharr bc no drecrrnrnatron
agalnstr oE segregatlon of, any perEon
otr group of perBona on rccount of racG,
color, creed, rellElon, BGrr uarl,tal
Etatus, natl0nal 0rlgln or ancestrl rn
-9-
17
ths leaslng, subleaetngr traneferrlnE,
uas, occupancy, tenure or enJoyuent of
the prenisee hereln leaeed, nor ehall
the leseeer or any peraon elatulng under
or through hlu or her, eetabHsh otr
pemJ.t any Euch pract,Lce or practlcer of
dlserlulnatlon or regregatLon ulth
reference to the selectJ.on, Iocatlon,
nulber, use or ocsupancry of tenantr,
lessees, subtenantg, sublesaees or
vendeee ln the preu!.ses hereLn leaeed.
ARTITT,E V
5.1 . The part!.ee
acknotrredge that the Assessuent Dletrlct presently horde fundr
derived fron the sale of 1915 Act bonds, plue accrped Lnterest on
sald Proceeds, ln the auount of approxluately Four lrtrl1on onr
Ilundred Ftfty Thousand Dollars ( $t , 1S0, oog) ( iDlstrlct Fgnder| .
The parties agree that .frou and after the date hereof the
Dlstrlct Frrnds shall be used for the follorlnE purpoge3!
5.f.1 rnstallatlon of traffl.c slgrnars alongr
Gatetray Boulevard at locatLon8 detemlned by ttre clty, lncludlrrg
eubEtructures, uires, contrors and appurtenanceE.
5.1.2 The l.netallation of addttlonal
Iandscaplng fulproveuents along Gateuay Boulevard, the uedl,ans
therein and the southern portion of oyster polnt Boulevard,
-1O-
18
lncludlng al l regulred f tll, eoll aaendnentg r traer, ehnrbt,
ground cover, l'rrLgatlon systeua, controrg and appu:tenances.
5-1.3 The lnproveuent of r Eeu.r putrp statlon
and related BeH€r couponents.
s-r.{ palment, utthtn 30 days altsr the
executlon of thls Agreeuent, to Deveroper ln the anount of Tr*o
Eundred Flfteen Thousand Dollars ($ZfSrO0O) on account of tt.sclain agalnst tlre Assessuent Dr.striet.
5. 1. 5 Ttre barance of the Dretrrct hrnda (theroyste-r Polnt n'rndsr) tovard ttre constructr.on of the oyeter polnt
separation ProJect, I'ncludlng r iE neeessltated by thc flnal
approvar planer addrtron of regur.red frrr, brer, pavenent,
rerocation of exlstlng utlllty faclrltlee and all other
conforning work and apprrrtenancee.
ctty sharr take such actlon as ,oay b€ requlred to auendthe engineer I s report to lnclude the addltlonal prrbrlc
irnproveuents and to othemLse authorlze and dlrect the Dletrlct,to conpry rith the foregoing provlsions Ln order that the oysterPolnt Ftrnds tray be released luuedlately for the conetructl,on ofthe oyster polnt Separatlon.
5.2 . Hith respect to all
property ulthln the ProJect Area except thi Horart property,
Develop€r or tte auccessors shalr contrlbute to urs coet of tlre
constructr.on of the oyster point separatr.on, rt a rata tn
accordance ulth the oyster Point contrlbutlon forruure set fortlr
in Exhtbtt c. Hith respect to the Houart property, no
-11-
19
contrlbutlon totrard tha coat of the cost of conatructlon o! thr
oyster Polnt Separatlon shall b€ requJ,red untll and turlees
bulldlng perulte have been grranted for conetrlrctlon of
luprovenente shlch rlII result ln an AlHt, deflned be1ou, o! Eorg
tlran 161136 ln accordance ultb the oyaterr polnt contrl,butl,on
fotmula set fortlr ln E:fitbtt c hereto. nlrthernor6, lgency
agrees that aE aoon aa funds have been ralsed by ttre Ctty in an
auount sufflctent to neet the local share of tlre coet of ths
oyster Point separatlonr Do contrlbutlon shall bc due on account
of developnent of tlre llouart property. tgencf and ctty
acknowledge and agree that the letttng of ths flrat conetnrctl,on
contract for the constructlon of ttre Oyster Polnt Separatlon, or
any portion thereof , shatl bG concluslve evl,denee tlrat the 1ocal
ehare of the coet of the oyeter Polnt Separatlon hae been raieed.
5.2.1 If a Contrlbutlon lg due ln accordancl
rlth sectLon 5.2 above, Deveroper sharr pay Developerre
Contributton for the coEt of constructl.on of the Oyster polnt
Separation in cash prlor to the iseuance of a bulldtng penlt lor
any bultdlng Yithin the ProJect Area uhlch generatee **.ia"y
AveraEe Dally rlps (Aut) , based upon the AuI for ure bulldlnE
for vhlch the peruit ls to P. Lssued. NotrluretandlnE, Developer
Day, lt lte oun e1ect1on, aecure lte obllgatlon to pay tlre Oyeter
PoLnt contrl.butlon by poetlng rlth the ctty an uncondltlonal
letter of credlt draun only upon fl,nanctally sound fLnanclal
lnetltutLona ln the anount of aII of Developerre caah
contrLbution then due and unpaid. Upon such a poetlng, Developer
-'l ?-L3
20
sharr have uet ths prereqluleltes for thg leguance of a buirdlngpemlt' Thereafter, Developer sharl, upon a reguest for tundr
pureuant to sectlon 5'2 abover pay lts cash contrlbutlon lnto throyeter Polnt separatlon n.',d wlthtn thrrty (30) days of eard
regueet.
5.2.2 rn the event that ctty colrecta
Deveroper I s contr{butlon pursuant to t}rls eectlon 5.2 and t}rroyster Polnt separatton ie not phyElcally under eonetnrctlonprlor to Deceuber 31, 1993, cl,ty shall refrrnd atl contr.tbutrons
uade by Deveroper ln cashr plus l.nterest, tf any, earned thereon.
Refunds due under thls sectron and seetlon E.a.s beror shall only
be uade frou funde corlected frou Deveroper and othere and placed
I'n trre oyster pornt separatron nlnd, defJ.ned beror, and nerttrerthe ctty nor the Agency shall have any general obltEatlon orllabtltty wlth respect to such refunde uhateo€v.Er
5.2 - 3 Arr cash and letters of credlt sharl b€held by the clty tn a spectal fund (the *oyeter polnt separatlon
nrndtr) ' Begregated frou all generar funds of tlre clty, *hlch
shalr be I'rrevocably earDarked for the cost o! conetrruction olthe oyster Polnt separationr !s herel.n deflned, and for no other
PurPose or purPoseE rhateoever unrees and untll the repa,Eent
provLslons of section 5.2.e of thls agreenent ara lupleuented.
Alr I'nterest earned on cash uithln the fund ahall b€ credl,ted tothe fund.
5.2. { Clty agrees
pursuant to thts seetlon 5.2 upon all
to uake any reguest for caeh
developerE rho are regrrired
-13-
21
to contrlbute to the oyster Polnt separatlon. such requeata
ehall be uade uPon each developer ln an auount eggrl to thr
rqount that sald developer I s proportlonate share of thr total
cost of the oyster Polnt separatlon beare to ure total reqrreet
ttren belng uade. Hevertheless, clty shall not b€ reqrrlred to
successfully collect sald contrLbutlons, and Developerre
obltgatlon under thle sectlon 5.2 to pay lts contrlbutlon in r
tlnely fashlon ehall not b€ affeeted by fallure of the clty to
collect the contrlbutl,ona of other developers.
5.2 .5 lny funde collected ry the Ctty l,n caeh
frou DeveloPer or other developera ln exeeas of those needed for
the cost of the oyster Pol.nt separatlon shall be refunded to tlrc
Develop€r ln the satre proportlon that the Aur of $rs Lnproveaentr
for vhich a contrl'butlon haa been uade beare to Ure total fuf
uPon whtch the total contrlbutlona by aII developerr to tlrr
oYster Polnt separatLon project uere based.
5.2.6 Deveroper I s obrigatlons hereunder ehall
be covenants runnLng rith the land and shall be blndlng upon
Developerrs grantees, provided houever, Do such grantee shall b€
liable for any contrlbution other than that attrlbutable to ura
Parce1 ovned by sueh Erantee. This Agreeuent eha11 not b€ deeued
to have enlarged or dlulnlshed the obllgatlon of any euch grrantec
to contrlbute to the cost of the oyster Polnt separatlon a! euch
obllgatlon exleted under the terus of the g1rletlnE OpA prlor to
the effective date hereof.
-1{-
22
5. 3 No FJ$rtheF trees or eqntrlbut{ one. E:(c6pt at
speclflcally provlded hereln, no lurther fees or contrlbuttonr
Eay be levled upon Developer or any ouner glthln thc proJect lrea
vlth respect to the cost of the cyster polnt SeparatJ.on, or any
part thereof, of, ulth respect to trafflc ultlgatlon at the oyster
rolnt/southern Paclf ic/Highway 1o1 lntersectlons aE reqrrJ.red by
the density approved hereunder or already under conet4rctlon or
ln place. No further constructLon, payEent of feee or
contrlbutlon or the tlke ulth respect to the Oyeter polnt
Separatlon, oE any Part thereof, shall b€ requtred of Developer
or any owner of any portlon of the Property ra a condltLon to or
ln connectlon wlth the issuance or approval o! any subd1vlelon
Eap, parcel Dap, precl.se plan, bulldlng permlt, occupancu pernlt
or. any other petmltr aPProval or authorlzatlon vhateoever.
}RTICLE VI
DIrSCELLI.ltEous
6.1 Hotlees. A notlce or other courunlcatlon frou
either party to the other shall be sufflclently Elven or
delLvered when received. Atl notLces shall bc eent by reglstered
or certlfled uall, postage prepald, return recetpt requegtedr oE
dellvered personally and
(1) ln the case of Deveroperr rB addreaeed to or
dellvered perBonally to the Developer at:
Houart Developuent Co.651 Gatetray Boulevard, SuLte 830South S,an EanclEco, CA 9{OgOAttentlon: Vice presldent
-'l R-
23
ulgh a copy to: llolaEt Dev.lopDant Co.
?000 Blrch Stieet, Sult. 92OoNeqrort Be.ch, Cl'92640Attcntlon: Reglonal Counsll
ulth a colry to: I:lr:r,- Ehnan, Thltr & uctulltr.333 Bulh Stre.t
San FraDcLsco, Cl 9a 1Oa-2828Ar,t.ntton! WUlta! R. facI.!,
(Il) in thc casc o! Agenclr, ag addresaed to oa
dellvered personall,y to urs AEenq, .t!
aOO Crand Av€nu.
louth lan Franclaco, Ca. 9aO8O.Attentlon! brccutlirr Dfrae;;
dGuver€d ,"".#lii 13 Ei:'"iL"ltI' "' addrcased to or
400 Crand AvsDu.Souut San Eanclaco, Ct. gaOAOAttcntl.onr clty UairaE-i - ----
or at such otbcr addresa ulth rcElrect to .lth.a auc! party ar' that party DAy lron tlue to tlD. d.rlgmat. tn rrltlng and lotrard
to thG othcr a3 provldcd in thls paragraph. I
5.2 prlvate prolcct. ttra redevclopuetrt of tha
Property pua3uant to thle aEr€elent lr a pr!,vatr proJ cct rtrd th.
Deverot'er shalr hrv. furr poesr ovGr and erclucrvc contror ot Ghc
Prop€rty, subrcct only to thc lrnltatrons and obrlgrtrons of tb.
Developea under thle .grsclent and th. plan and all appllcablt
lara and codor ln cxletencc rt th. tlnc thti agrcercnt lt
e:cecutcd.
. 6.3 Succeseorr and AsgLqns. Etrb agrrcclcnt ahall
Lnure to the ben.flt o! and bc btndtng upon thc parttcr herctor
theLr respectlve granteetr. hetrs, auccessort or arclgmr lroD tha
-15-
l.
24
data of ltr exEcut,lon. Hotrlthetandtngr rny Eucc€edtnE ornbr of
less than all of tlre Property shall only be obllgated under thlr
agreelBent as to the lot or parcel omed by such succe5gor.
6.{ Fortqage Protectlon. The provlelone o! thlr
agrreetrent do not llnlt the rtght of obltgeee to foreclogs or
othemise enf orce any uortgag€ r deed of tnret or other
encunbranee upon the Property, or the rlght of obltgees to purguc
any reuedy for the enforcenent of any pledge or llen upon tha ,
Property; provJ.ded, houeYer, that ln tlre event of a foreclosure
sale under any such uortgage, deed of truet or other llen or
encumbrance or a sale pursuant to any porrer of eale contaLned ln
any euch uortgage or deed of truet, the purchaser or purchaaeru
and thelr successors and asslgna tn the Propprty shall be and
shall contl.nue to b€ subJect to arr of the condltlone,
restrlctions and covenants herel,n provlded for.
5.5 rntesratloD. Thl,E agrreeuent ref lects the entlre
agreetrent and understandlng of the partles vlth respect to Ura
subJect natter hereof, and aupersedes all negotlationg or
prevJ.ous agreeDents, LncrudlnE ttre Erlstlng op1 (and all
auendnente), uhether rrltten or verbal, and no auendnent,
nodlflcatLon or supplenent to ttrle agreenent ehall be btndlnE
uPon the anY PartY hereto unlesa euch auendnent, uodlflcatlon or
euppleuent le ln rrrltlng and slgned by tha party to bs charged.
6.6 Confr lct of, ,rra"rr"a. Ho ueuher, offtclal or
enployee of tlre lgency or ctty ehall have an pereonal Lntereet,
dLrect or lndlrect, ln thle agreeuent, nor shall any euch ueuber,
-17-
25
off lclal or euployee partlclpate tn rny decLelon rslatlng to ttrr
agreeEent uhlch attects hls pereonal tnterest or the Lnterest of
any corPoratlon, partnerehlp or associatlon ln uhlch tt ir
dlrectly or lndtrectly lnterested. Developer warrants that tt
has not pald or glven and wlll not pay or glve any ttrtrd party
any Eoney or other conslderatlon for obtainlng thte agreetrent.
6 . ? Honll,abt l ltv pf Ageney aqd clty of f I q,ta re qrrd
Enuloveee. t{o.ueuber, offlclal or euployee of the }gency or clty.
shall be personally llable to the Developer or any Eucee=Eor l.n
Lnterest in the event of any default or breach by the Agencry or
for any arnount whlch Eay becoue due to the Developer or Eucces'or
or on any obllgatlons under the terue of thlg agreetrent.
6-8 Aopllcilbre Law. ThLs agreeuent sharr b€ governed
by and lnterpreted under the laws of the state of, callfornl.e.
6 . I trhtbtts. The f,olrovlng extrlblte are attached
hereto and Lneorporated herel.n by reference 3
E&lblt I -Exhtbtt A-1 -Exhtbtt A-2 -Exhlbtt A-3 -Fi&tbtt B -
Exhtblt C -
Property
l{ap
Affected Property
Houart PropertyPerultted Densltl.es-Affected PropertyOyster Polnt Contrlbution
Formula
- 18-
26
rH I{TTHESS
thle agreetrent aa of
IEIEREOF, the partlea herato
the day and yetr flrst above
havs executed
vrltten.
CY OF THE
ISCO
crrt
ATTEST:
--
REDEYEIO
oF solsx sA}{
H
-19-
27
E
FTEt-(l.t
D
28
ETHIEIT;
TlI.1:'lil'H ;:H'i:T'i.i.,t?1'r'.',1 orffi:ii ptl on or'"hr proiect ar* rnd
Al l thtt certr{n rltl Properly-siturtr in th! clty of souur srn Francl scor .countv of srn llateo, slatr or cir iiornr il j.l.lr u.a rr for I o*r: r -
EEGIIIHIHG rt thr most rcsterly.conlcr of thr Irnds. descrlbed_ ln ths derdto th! c I tv of south sr! Fii,iir il;' rccordii-ri-iioor-Eooi 'Ii. orqrcr rr iicorrror san t{rtco-co$iy*tt-Ft-o;-dii;-in.nq. ar-m-l'rii-poiii-oi.luronllg
ilonstha nor-tlrttstrrly ilnc oi-irii-i.#!-i*i i-uigcni ttrrt-rcrn I Bgr s7, 44r ErlonE thc rr= ot'r curryc !_o-tr,c ilft.i,llini T..rfiiui-oi ii.so fect and lcentral angh sf 60' 27i 0o';; ift orstanEr Ir a6.go frcti
Thence Hngtnt to thc Preceedlng currr fi 30. 3sf rE. E 4s6.zg fecti
Thence tangent to thG prgcecdlno c6nF.. rla* .L- ^,!f,!ns i-i:iaiur ;f -bss.l!'i*l':.xTT:,1llTr.lxi..l|
!l,.oilT!..lnrll.,,nn.
Thence t{ 87t l7t z6t E l8.ll fect t0 the most H€rterru FaFi-- tt.,..^. r!.shown on -ir'rt ceiirri' *p -enutied-.$utl;-lin-FifiilI9:'il:Llllf.rllfilrr.Ho. I -8. r*srred I n Book-6I";i llrii, rt -Figii--r, to e, -iln-iLt.o
County Rrcorrs i
1il5:ri1'lt]l}ilil'fi:'il:'rl'r.xil'il illo. rlnds rru r Hnsent tE! bcrrrrect ana r-.ent'ii-Iigii oi os;
'zi,'s8i-rn-.#-ol3li.['llr,!.#iii.lt'ido]00''
Thence tt 30. 35' 4l ' E 3lZ.lZ fectl
Thencr H 44. 10, I0. E I I gg. &t feeti
Thence t{ 5l r I 4' l 6' E 86I'53 -fect to t!c. mort easterry cornGr of th. r rndsdescribed in thc decd-to piiirii-ioist sirei-c*n.ny rrcorred rn Book Ez of0fflcial Records oi-5ri-t{rtro county rt prgr 5i
Thence rlong-thc ar'c of !-cut-vt to thc left hrv{ng r-raduls of 6{5.00 fertlnd t centrrl rnglc of lO'-ii;-ri; in rnc dlstancr of ll{.gg f*ti
Thencr tangent to thc p'ccecdlng currr il ss. 0r, lrf E ers.{3 fcctr
Thcncr rlong-Urc art of r cutrGano r central rnglc of Z{o 49,
rlg!! hrvlng q rrdlus of 655.00 fr:trrr dl staner -of em. 8i lecti
to thc
58' an
EXIII BIT A Paqe I of 4
29
Thence il g7' {3, ZZ. t{ I7e.0C fecti
Thencc S 89. l4' 38, H ZS.SI ferti
.Thence S SSr ?2, C6. ,J 447. j6 f eet I
Th€nce tangent to thr
Fiii . iJiii* T
"lE,
:ii' i::l nlnl o.u
T :, illT', Ili.' IF ll., o iyT8. .1,,I,.
Thence tangent to the prrececdl nE curvG s g7. I 5 ' 03. tJ el 5. g0 fect iThencr S gI' Z?, Zg. t{ 3{6.05 fcrti
Thence t{ 0?. .3g, 04. lJ 300.06 frcti
Thencr S gg. 'l4, 24. tJ {l T.6l futi
Thence S ge. 3I' Zi, l{ 36g. 13 feeti
Thencr S gg' I 4 , 26. l{ 4gI . Sl fect I
Thence S 3g. 42, 4l . lJ 316 . 56 t ecr i _Thence t{ gZ. e3, 46. E 26.63 fe*i ;:
Thence S 3g. 42, 41. l{ S0.Zg ferti
,tencr S 3g' eg, 4g. t{ l03.gg frct;
;Ii":"lllH,'fi,ir,rd.lil}li :i'.l:'r,Iill:: ir'rllli rllrl;'8 rectsourheasterty t tia -oi' riaurift .i.rri ;
rl ghr
dl strncr
il:ui i:lffiiJ'iilii:lr, iifo,ffi:':::::rrr,, r:..r3::-F:-4,. r{ rzso.'E *c,Dr7 ooct conpanv'..o.oeo ri"ioi*'"I3zzo';F'l};f.ll, tfi.ffi ikt1fr'iil1,'rt P.gr I7i
Thenca alonq !l'c boundrry of lrst srrd rrnds fru r rrr,..+ rr aL.^rH;;.1i'li,fF,i*I;; i, tilit ;li:,jflt [fr,;il:li1rfi ;ts. E;Tfit'tro
ffili. tqfll, T,'l;olEE'illl'lJ',r':Jl:ri lli, rT,,[f ir*i, F.rniJ'r?r*n..
E:(HIBIT A -Page Z of 4
30
ihenct :angenE :o the preceeoi ng curtrc S Jg. 4e, 4l .
Thencr S 38. 00, Ig' l{ 324.87 fecr;
Thencc S 30. ?2, C7. ,J 34 ,0Z feet i
lJ 935.00 feer;
th! or-reeedlng.cour.st rlong thr tre of rI 7. sE feet ma |
-iiitii I rns I c of t t 9.fert ro trrc northeiry-iln. of Erst Grrnd
.FTIEIiil,ill" satd northerly ltnr s BE. s7r 44. E
Thence
POIHT
ihencc.tangcnt to thc preceeding currr s 3g. 4e,
:-trencr tAngtnt iOntylng I radlus ofdl stancc of 36. S2 ,i?Ti"l,*.rert
AVenuc i
1582.4I fert tg thr
Contai nl ng I I 3 . 3I acnrs r EF! or J ess.
AIID
iliirl'fl li'l{:iirylqil^Iiq:I it!ff,Il $.:lfiloT,*'s $ F*nc,'!e,
3H H Io ::' il i { iir: i : ru1 t i- ii'H iii- HilT. ffi ffi ff ,lilYiiiiiT*. "'
l,Trll}}'*li. I ii -niceiilo'i ;;d; fiil#lnli' L"f. ;iiii ;-.tf *i,*l.lfiii'r n
BEGIT{!{II{G rt th! northerlv cemer of thc-tands q,*$trd.rf .ttl decd al ,nronItun t{orks '0r7 ooct''d.ll recordid ii-sili;-ioia ;i'#.iriirr Recor{s or srnI?'i:=*lH l:'li;;Hi*ffiniTfr.i.ll,[lg.,tl E?'tTr,fl ll*i 51:-Fundr,7irs,ili lE.T l$.oliU*J;i;#E:rit ::lt'r'rl. rnc i,..j.lli"i,$: iF.Ii,,
Hiiff. tliflh T,Ho:tET:llTJ,,r"illH? lli, rT,,l/ fir!,r'.fl:,.I !fl,.no
4l' l{ 935.00 fectiThencr S 3g! 00, lg.
Thencr S JOr ?Zt 07.
H 32l. SI feet;
ll 34.0e fecti
Ii'ili#HL'ilit'3ffit.i*i i;;#iT'ii;
are_ gf r cutrG to9f llg" 19, Si. urAvenuci
tlrc lcftrrc dlrtrncr
Thence restel]I rlong..srf g northcrly I lncers terly boundira of -uri -i.iiii Ti' i'outhern
t{ 88e 57 ' 4{r I I 17. 57 frct to ilrrPrci flc TrrnsportHon Croeny:C+rprnyiUI]Hffi:.UH;l'L'lffl.i'll,;l'ffllll$ * 38' 42,4r. E 33e..4s rect to urrsourherty .ltnr tr or,si.i-ioril-ffiiil;i;
31
ihcocc clstcrry rrong s-rrd souticrly ilnc il gg. rr,-?1. E sa.lg frct to $rnorthrttltrlJ, comtr of UrC lrnCr Shmn on Urit'nciuuarvisi6n-oi"Eir:-irnJs oi-e.n."Efii.t 'i&ffF'll.Sillo"tfli.i$ltli;
uf t{apt rt Prgc 29. Srn mtlo Counry ReiorOsi-
ihcncr along thc rcsterly llnc of lrst srld lands s 3g. 42, 4lr ,/ 3z6.s6 fltti
Thcncc tt Al. 23, 45r E 26.63 f!!ti
Itcncr S 38. 4Zr 41. f SO.2g fcrt8
Thcncr 5 38o 29r rlSr l{ l03.gg frct;
ltenca rlong ti. lrr of r.cgrrc to tha rlft hrvrng-r rrdrnr of ggo.$ ft.t rdi,i!"ll.l"iHll,l{ ffir,r, 2s. ra rr--ciiiurE'ii.ri.zi-iilt. b,iliTo,ifiJ.iiir,ry
Thlnc! souuilrsterly rloto thc pO,{T Or r*tOr*ll srld soudrc.stlrly llnc S 39. 42, {1. lt 1250.08 fcet
contElnlng 3.77 rcrrs. mrc or lcrs.
ta-l,
a.
EXHIBIT A Paqe 4 of 4
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IIPECTED PBOPERET
All that certaln rear-property ln the clty of souur sanFrancl.Eco, county of sin ft"iJl, state of -barlfornla,
deecrlbed aE folloue:
Lotg 1 and g , aE deargnated on the _Trp entrtred, rFrilAL lIApGATEI{Ay CENTER. . . r, rtrtgtr HaP Haa tf fEa-fn thr Off lceof the Recorder of the-coy11i, 9f si"-i"tll, srate ofcallfornl'a on october 1, 198i G i"iir"rii'ot t{apa atPages 27, ZB, Zg and fO. --'
Parcera 3X_ and 3c, a8 ggtlgnate{g1 ttrat certaln parcel r{apentltled, 'ptRcEL Hrp ggrr6 r sugorvrsioH oF fgE IANDSoF HOI'IART DEVEI.OP!{EI{T co. rH rtra ciri-oi--sourn srurFR'il'HCIsco...r, uhl.elr l{ap-$aB ifr"c-$ tir"-offlcg of t}reRecorder of the County bt san-ttateo. S6te ofCallfornla on Deeeubei ze, legr-fn-i";ilil of pareell{aps at pagee 1? and 18.
Parcel B, ::__gTlEmated on the Ulp entltled, ;pARcEL lnp t{O.88-253rr BEIHG l SIJBDIIIISfON oF Lff i Oi-tXff eERErfiltrAp EHTTTLED rFrHlr., Hrp crrErfAy_gEtrER' (st 81 ?{)FILED IH TTIE OFFICE OF TITE NNCONOER Or T*E COUilTT OFsAH nATEo rH BOOX 10? oF r,fi,ps m iegus i;: 28, 2e and3o', vhlch t{ap naa flled fn ifre'otifEi oi'tt. Recorderof the county of san r{ateo, slite of carttornla onHay 24, le8s, ln Book 60 oi piicel-i.;;-;i pagee 66 and67. rr
Parcels B and^c, -as deslgnated o_1_!he t{ap entltled, rptRcELt'IAp r{o. 89-269, BErNG t iusuaorvrsrot{ or-rcrs 1. 5, 6trND 7 OF TEAT CmTAIt{ t,IIp EHTITLED, ' FINAL I.&p GITE!{AICEHTERT (SA-81:?+) FILED IH THE Orircr or-frru REconDEROF THE COUNTT OF STT{ I{ATEO IH BOOX 10? OF I{APS rT PIGES21 , 29, 29 ald 30", uhich l{ap uas ftled-tn the offlceof the Recorder of tlre county of sin-lriteo, state ofcallfornla on Deceuber lz, rigg ln Book 63 of parcerl{ape at Pagee 32 and 33.
EIEIBII l-2
36
Eia.F{Et-l Ilrl
?lt,I
I
I
37
rrl ilrat certaln raar-property ln the ctty of souttr sanFranclBco, County of sin ftai"l,, -iti[I fi-c.flfornia,deeerlbed aa folioug:
rpte l and 9, as deergmated on the_Ep_entrtrad, rFrtltrr lIApcATEITAY cEr{TTR...r, gtrtgtr r{lp *,aa rrila-jn thc offrccof rhe Recorder of -tlrc-e"y1!i; or sin-xit"L, starc of,callfornLa on oetober 1, rgei fi Efot"i6i'ot Hapa atFagee 27, 28, Zg and fO.
Parcers 3r- and 3c, aa g:$g"ated on that certarn parcer lrapentttred, nPrRcEL, l$P gurrlE i-susorvrsiox or rnB ralrDsOF HO}TAITT DEITEIOPI,IEHE CO. IH TTIE CIII-Oi--SOUNT SIIIFR}}{crsco' . . r, vhleh }tap ua' irr"a-fn ti.' offtcs of thcRecorder of the corrnty 6r san-ttateo, - state o!callfornl'a on Deceubei eB, 19ga-in-i*;-;i of pareelItaps at Pages 1? and 19.
Parcel B, *_-lTlgmated on the t{1p entltled, iptRcEL HAp HO.88-253rr BEIttG f, SUSUIvISIOII OF Io,S Z Oi-tnff CER*',,urp Emfrrr,ED f Frln! Hrp cer.rnrii iEIrOr- ti* 81 ?11FILED IH TIIE OFFICE OF THE NTCONOUN Oi rrii COUHrt OFslr{ rdtrTEo ril BOON 10? oF uepi it pAcBs 27 , 28, 29 and3o', vhlctr r{ap raa ftrec 1tr th; otirEi oi'trr" Recorderof the county- of san nateo, i[it" of callfornla onl{ay 24 , 1988, ln Book 60 oi parcel }taps at pagee 66 and67. --_Fr 51 5e!rE.' 99
Parcele B a!!_ c, as l*:iglliJi__on_Irr: Hap enritted, rprRcELr'IAp NO. 89-269, BErHC A iestrBDr\rlsroH or-rnm r, 5, 6lt{D 7 op TIIAT cEmArH HAp e}rriir.ED, , FrHtrJ tilp ctrErrtuCEHTER' (sA-8-r:Ir) rrtED IH rui orircs or nu RES1SRDE*oF TrrE sEulf,rt oF 3lr{ }fATEO rU AOOX 10? oi t{rps rr pAcEs2?r 28, 29 and 30", rhrch Hi; sa" rri*a-in the offrceof ttre Recorder of the count! of san-x"t*i, statr ofCallfornLa on Deceuber_ 12, rias-f;-il";tr;i of parcrll{ape at paEee 32 and 13.
ExcEPtrHc Tgf:l 2c, 16 dp_pigmated on ure lap enrltredrr.AtIDS 0r HOHARI, pinctrr !rAp-Ho. 91-2gg; goEtE stlrIntllqrsco, sArr ]rrrEo _counrr, crr.,rronfrii, =."orded onDeceuber 16, 1e91 ln volune'es tt pareir'Hiil-itEil" 3?and 38 ln tlre offlee of trre f,ecoraer of ths county of santlateo, State of Callfornla.
EOITTRtr PA,OPEBET
EIEIBII l-3
38
E;ft.F{EF{H
tr
39
PERHTSIED DEH8IITE8
of f lce and of f lce/sales/senrlcC/ 1, 9I g, 000 rqurre f eetRetalll/
Hearth club 6orooo Equar€ feet
{0r000 Equars feetReeearch and Deveropuent
2{ g, 000 EqlUarB f eetHotel
sz6 rooua
ll rncrudrng 601 and 651 Gatevay 81vd. ({86, oo0 8g. ft. } .
u rncludrng up to 2aro00 sqluare feet of restaurant u8e8.
EETTETT E
40
HFt{trl-{H
o
41
' L and Use
l.
' ' l{otrl
Beneral 0fftcr
Bultgit g.
. Researsh Centrr
Recreattonal Club
Dtnner Housr
Restaurant
Truck Terrninal
General Industrtrl
.'
l.tanuf acturtng
llarehous tng
aa
tt
Hotel
TI tp n, tlic, I o.t rots Soutre F,.
. g.g5
- '.. 1Idevoted. .4.s0'
.gl{lnrrlly contalns l0.t{ (pe:(100) roons or sultrsrestaurant on the surE . '
Generr I .Dercl i nt ion
Frcillttes r.'lrere goods rre trrnlfrrred
between trucks . - tiucks and rrllroidr, .
or trucks rnd alrports.
Jfnigrt ysis rle prtntlng plantr, nraterial .S.t6
testing taboratories, rsieiblers'of aita-plFocesslng_ gQutpmentr and poHer rtattons ' . .-uhich usually erilptpy less ttrrn S00 EBp-Ioyees rrq ln eirphisrs on uies-oltei-than . . -
.:'nanufrcturlng: .
.
Prinary_actfv-lty, is.the converslon of l.ggnatcrlals or parts tnto flntshed producti.
a.
Plaee of lobgJlg.rrtrlch generally contalni r0. s0 [pc,one hundred ll00l or noic lodgihg roorffi orsuttes and wtilch- could -lncludE ristiriiinL, .cocktall Iounges.'neefing roms. banqua[. :'r?$1, llrd other retrll ind rerilce jhops'
;ytthln the same buildlng.
Frcll lttes uhlch rre rl l or lrgelyto storage of natertalg.
Placr of lodglng rrtrlch
less than one hundredtrhictr could tnclude rprTlsES.
' 0ffiee bullging. houstng one- o.r Eore tenants 12.30ind,rs the rocition-ntiri irri aliairir6i'i-'bus{ness t trorrrnerclal or tndustrrri oigrntirHrin.professionrl person or. flril mr concuEiii-ino- -'
'relrted support seryicis.
Fac{l ltles. or .grlrrps .of frcll tilcs devoted E.r0aearly Htrlyttiely-to rEsGrGh and daili;p-
.nent actlvlties. .
Prlvatrly gnnEd tacilrt{es lncludlng tennlr ll.r0courtr,_ sw{r'mtng poqlsr- rrcqurt brli coririi,handbrll iourts, rnd othrr dtnor gynnrsiti-' -
faell lttrs. .
Eat{ng tstabl fshn}ents of hlgh qurl tty {n 56.30lnterior furnlshings rnd fo6rt ritrtctr.-generrll5r ..
hrve r customer turnovr ratr of onE-hour orlonger und are not open Z{ hours' per dr.y.
42
; Lrnd Usa
lligh Turn-ov?rResteurlnt ..-
at
Shopplng Denter
Generul Conraerclal
a
ta
Bants rnd _SavinEsand Loln ".)
Harina . '
.a
' Slngh Frnlly Or*ei'tingi
Townhousrs
ta, . rdgtlnlums andApartnents ...
Use1-r
0f f lcr
TT ADTTril
- l.r!* prr 1000
Ertlng establ lshments *trrch gEnerrlly have .r6{.{0r custuner turn-oyer rrte of-Iegs thin onihour, tncludtng, bur noi.tii riio-tol-Ioiii,.. shops , crfeteriis rnd rrel iciiiisrnr.
t-lntegrated- group of cmerclal ert- . . ' .
rblrshnents rthtch ls.pl{ng{, developed . .
owrteg, !nl_fa11ge{ ri'r Unili .. Under S0r0C0 Gross Squrii Feet p5.gs0,000 Gross square Feet-ano-6rerter 'ii:i.
.Estrbl lshments sontrlned yithln freestrnd-tns eqrmerctrl bundrnei iriiitiilr;i-;#it-Gsrmerctal bufldings. '- --r'rr. ..
.taEontaln brnts or srvlngs and loan ' ..' '
fasll ities. -
public or. pr-ryrte n*rnr ntth srnte ' '
hlrtng. socirl rcHvtttes rct iOuilE. throughout the ueet.
at
I 2.30
164. {0 .
5. {6
4. 5p
be 40g .ti{ps per
. 4g.00e)
?.
a
ll. oo
1l' 3. 2/birtL
ta
,.
ro. orllt r
.
'r.oriilt
E.o/iir*-
ililfr:4*$i;!:;:!u:ri*{;ii$i,ll'[;ii]:[$iii1;;ii;Fiilii*i:i;. ir'; d;.r!-*;';;u.lil::iliillf,l fil"l"'rur-"rrcr usii-iir-th;-il* s.ructre shrbc cagutcd rs l scparrtc use-ofttf,II-si.rifuri."-: ."-' r' L'rE ,r
Ili,l!i!si!,13:r:l;:,wi;,lut1 *,H,tril:3:tl';i*r,ti'i":t#t$.La
Averrge Trlp Ratr
1000 Sq. Ft. of
Cross Floor Arm
r Squrrcteet '
r--
Del lcatessen
Eenerrl Industrtal
tlarehous tng .
?,500 (rsil33;,2,s001
4,000
42,500 (30r000+l2rS00l
rDT
Trlp' Ernerailon
--_
' 30 _?5_
15{. {0
. zl.gl i' tgl.25TETT
dry. . .
.'
tt
- thls crse, the total trtp generatton tould
rset nert P,o{t eauarr ,f r
, *r, --
43
- Gontributlonr shall be bared upon Herld.y Ayerloc Dallr.. l,t^ ,ar
H,:iiiiir;ii*.i::r.i;.ffii;i!t"il,t;'i:iiiiii:!;.3';H.15'lnio?11.ffi:ti:J"'
llotc: (cl lilr
,l:"' "r ill,$i!l*[i$riil::i!!fr'li!ri',ii::llii;siil
ffiffifiruffiffiffii*ffi!lusar_ crclwtvel, to trousr_rcilrpiEri'Iii,idftnij, Credt r: g;tftflifl6i.fri'iflIil$'i'iipiffjtl,'j;iiit'.
. :.$[.y:#iil;Ei.tropoiri
-fri- riilPt:8 ti:lil'liii ;;
2. Gontrlbution Fornula:
1l
aa
ea
ADT x $tml
a
lnglneerlng Hi*rs Record. construcilon Gost Index '
For $rn Frugltco at d "'" : Itnrount ofr r.Contr{buti
a
.a
a
Tethods of Prrrncnt:
. (a) 'tn eost crsc
to- tssurngc-*-Uiio?ffilli"O{*t.nt.., of payn:nt shrl I ba aada prtor' iif- fo P3 ei.qr.1:iir.r:*::ti !qd9r!!, prror to.adspr,,n ;, ,r.. fonule-contrtncd rririiit-cuiiiiE.ii-jt:
iffinii#,ffi,ffiHi$$#ffffiffir-
T;,:itt[i:[:t;:iirt*I:ii tt.oiiiio$'3r*.THi":*Hr$
. ?lrirlsSirEagtnrartng ilera Recor{ Gonstruciloo cor} tnoer ror
.r.rriiE*^(e.-
il
44
;*i;:l'E:*I,' tt;';:i!i#:lfl ffi ;ir.li;^i!il.:' ;i;iJl.il;.ii:r:.:i'if,f :iil) A frefflc taprct tu- rrensport.tri,n c*liltili;tllltrSliposcd ovrter Polat lurlnies3 centlr; T,,rJr
') Slll$il!;-rtzt1 rioe'rss kport on Trlp. Ends Generruon Research ..;,r;
3)' f:rrabay Developrnent3. Flnal Envlronnentrl tarprct teportl Augustl lggi.'.: .
a.
t
a
.a
aa
a
a
a
a
a
It
EffilBIT r ,.. *rr' +rs ' Ll fu! n--
45
tlD
}"
V \r'
.t ,'
r: '..... . , : AUNSIU9 S3NIH L{dBB:SE L6, 98 IfC
,
':
I,
1993 AIIENDI'TEHT TO N{ENDEE il{D H'EETATED
or{NER FARTTSTFATTSN mrE-ugrlElopt'tEpT AGREEI{EN1
THI8 NtENDuE}m Is dated ll Ef thl,r r?th iry of $rnu|t?
rpg3 by and arrong THE crry or soullH srul FF,fllcrsco a lrtuniciPar
corporation (,,city,') i REDETJ=IOPI{EHT tGEl{cy or rHE crlrr or sourH
spt pRil{crsco, a pubrie body eorperata and Porltlc (rrA9ency"} i
anc Hol{ABr DEVEITOPI{EH1 co.1 a Delauara eorPoratlon (HDevcloperrr) '
EEEIT&&E:
III{EREf,S' City, Agency tn{ DcvcloPcr entlred into that
certain Atrended end Restated oI'nGr parti,clpetlon and Developucnt
lEreeuent on Augrst 20, 1992 ("OPA") i snd
wIlERElE, Ctty, lElncy rnd DrvrloPrr dj1!il to sgend thc
op* to dercte thcrcfro' provialong dcerrng vlth thc dabt to
tlornart in conaiderati.on of tha payncnt to Houart of the net
praceede of thc Gatevay Bcdevclopnent projcct 1993 rax ll.rocation
Bonde (the rrBondEr) and the execution by Hoaart and the Aqeney of
i Repayaent Agreeuent of even date hereuith (the ffRepayuent
AEreeasnt,,) I wtrich agrceEent deale vith the rePayEent of and
aeeu-.lty for the reruinlnE cebt to Homart after apprlcai-ion of
the n;t procceds of t'he eale o! thc Bonds;
HOtf , I,IIEREFORE, f,or and ln eonEideratlon o! the nutual
covGnantc snd eErGcEcnts harein sct forth, the parties hsreto
egree as follors I
1 . on the ef f eet ive date o! this A,nendnent ,
IrtlclG rr of thc opt ls anc sharr bc darctcd ln lta 3nr-irety,
1d
46
i
.\ a
I
and f ron and af ter the ef f ec|-ivc date of thie agreenent -"he
f,Eency I a obligatlona to pay and Eecurc thc Debt to l{onart r E8
defincd ln tle OPt, ehall be Eoverned cntlrely by the terns of
the RePaYment lqrreement.
2, trhr sffretlvr datr o! thlg lracndurnt rhall b: thr
da.-e upon uhlch the Bonds are sold and dclivered, the AEency
havlng agreed in the Repayment AEreeuent to pay to Honart the net,
proceede of the sale of the Bonds.
3. ExeePt aa hcrein nodlftrd,th€ OPt 1l ratltlcd and
con!lrEad.
IH tfITl{ESS I{HEREOF, thc partlea herato havc executcd
this aqrreeuent aE of the day and year flrat above wrlttcn.
CITT
Byr
REDIITETdPTTUHT AGET{CY OT fiTE CITY
OP rR.f,ilcr
f ltlc I
AU|13IU9 S3NIH el4gQ:SB L6, 9e I3C
47
Ftnst ArrpxurvrExr
TO
'w*B
n p n*r,.,tH,:l'H;H'ffi?r Ac ns E ME Nr
This Frnsr Al,rehroh,telrr ro At"muoED AND ResrnTEo Owuen PnRttctpATIoN
Acnge[,rEr'rr (this "Amendment") is made as of the fttday of Au&., , 1997 by and
ilmong Txe Ctw or Soum SnN FnnNctsco, a Mr.rnicipal corporation f'City"),
ReoevelopMENT Aceucv oF THE Cmv or Sourn SnN FnnNCISCo, a public body
corporate and politic ("Agency"), HMS Orrtcr,, L.P., a Delaware limited parhership,
successor in interest to Homart Development Co. ("Developer").
A. City, Agency, and Developer entered into that certain Amended and Restated Owner
Participation and Development Agreement (the "OPA") dated August 20, 1992 in
connection with the Redevelopment Plan for the South San Francisco Gateway
Redevelopment District
B. The OPA amended and restated that certain Owner Particpation and Development
Agreement dated as of March 19, 1981, which agreement was amended by eight
amendments dated December 30, 1981, June 15, 1983, August 24, 1983, September 30,
1983, November 13, 1985, October 8, 1986, June 22,1988 and May 22,1991.
C. The OPA, among other things, restricts development on the Affected Property to the
permitted densities set forth on Exhibit B to the OPA.
D. Exhibit C to the OPA sets forth a standard for measuring average daily trips for
various uses at the Project which standard forms the basis for determining the conversion
of permitted densities set forth in this Amendment.
E. In an efflortto sustain the economic vitality of the Project Area and to fui1her the
goals and policies of the Redevelopment Plan, City, Agency, and Developer desire to
amend the OPA in accordance with the terms and conditions of this Amendment.
Now THEREFSRE, for good and valuable consideration, the receipt and suffrciency of
which are hefcby acknowledged, the parties hereto agree as follows:
1. Section 3.2.1 of the OPA is hereby deleted in its entirety and amended as follows:
The permitted derrsities for the use categories set forth on Exhibit B for (i) Office
and offrce/sales/service ("Office") and (ii) Research and Development C'R&D")
may be reallocated, from time to time, between these categories, uPon application
to the Agency by Developer or any other owner of Affected Property, by rrsing a
1.12 ratio of R&D to Offrce. That is to say by way of example, for every square
sf-3 I 7550
48
foot of reduced Offrce density, a corresponding increase of l.12 square feet in the
permitted density of R&D will be permitted. Likewise, for every square foot of
reduced R&D density, a corresponding increase of 0.892 squre feet in the
permitted density of Office will be permitted.
2. Except as modified by this Amendment, all terms and provisions of the OPA remain
in fulI force and effect.
3. All capiulizcd teilns not otherwise defined herein shall have the meaning set forth in
the OPA.
4. This Amendment may be executed in any number of cor.rnterparts, each of which shall
be deemed an original, and all of which shall constitute but one instrument.
IN Wtr-Iess WHEREoF, the parties hereto have executed the is Amendment as of the day
and year first written above
Attest:
Attest:
City:
City CIerk
Agency
Cmr oF SourH Seu Fuvclrsefl?
,r, ,' IName:M
Title: Ary lln^ted€E
ReoeveuopMENT Acerqcy oF THE Cmy or
Title: fiGrun utr .J,n€cfol
HMS Ornce, L.P.
By: Hines Office Co , LLC
Tom Owens
Manager
APPROVED
Souru Selr FneNcr,sco
Developer
CITY ATTORNEY
sf-3 17550
49
Srlte or
CouurY o
On 1997, before me,personally
appeared personally known to me (or proved to me
on the basis of satisfactory evidence) to be the person(s) whose narne(s) is/are nrbscribed
to the within instnrment and acknowledged to me that he/shdthey executed the same in
hisftrer/their authorizcd capacity(ies), and that by his/her/their signahre(s) on the
instnrment the person(s), or the entity upon bchalf of which the person(s) acted, exccuted
the instrument.
WtrNess my hand and o
50
Srnre or Cfrt,fa*l,e .
r
CouNrv or i+r/ Hn rfu
Qn &IaB€i t L , t997, before me,, personally
appeared HrutA€t A. u*tto*t personally known to me (@
en th' basis ef set:ireetery e'ddenee) to be the person(s) whose name(s) is/are subscribed
to the within instnrment and acknowledged to me that he/she/they executed the same in
hislher/their authorized capacity(ies), and that by hislher/their signatrue(s) on the
instrument the person(s), or the entity upon behalf of which the person(s) acted, executed
the instrument.
My commission expires on:
Wrruess my hand and official seal.
&i** I "'
51
Coun+rv or
Srers op
On , L997, before me,, personally
appeared personally known to me (or proved to me
on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed
to the within instnrment and acknowledged to me that he/she/they executed the same in
hisrher/their authorized capacity(ies), and that by his/trer/their signatrue(s) on the
instnrment the person(s), or the entity upon behalf of which the person(s) acted, executed
the inskument.
lUtrxess my hand and offrcial sea[.
My commission expires on:
52
53
City of South San Francisco
Legislation Text
P.O. Box 711 (City Hall, 400
Grand Avenue)
South San Francisco, CA
File #:24-146 Agenda Date:2/14/2024
Version:1 Item #:1a.
Joint Resolution authorizing the City Manager and Executive Director to the Successor Agency to execute the
Second Amendment to the Amended and Restated Owner Participation Agreement
WHEREAS,on June 17,1981,the City of South San Francisco (“City”)adopted the Redevelopment Plan for
the South San Francisco Gateway Redevelopment Project (the “Redevelopment Plan”).In 1981,the City,the
Redevelopment Agency of South San Francisco (“Agency”),and Homart Development Co.(“Homart”)entered
into an owner participation agreement (subsequently amended eight times)addressing the redevelopment of
property owned or subsequently acquired by Homart within the Redevelopment Plan area.In 1992,the Parties
entered into an Amended and Restated Owner Participation Agreement;in 1993,the Parties entered into an
amendment to the Amended and Restated Owner Participation Agreement;and in 1997,the Parties entered into
that certain First Amendment to the Amended and Restated Owner Participation Agreement (as amended,the
“OPA”); and
WHEREAS,on February 1,2012,the State of California dissolved all redevelopment agencies in the state and
established successor agencies to assume certain rights and obligations of the former agencies.Cal.Health &
Safety Code §§34170 et seq.(“Dissolution Law”).Pursuant to the Dissolution Law,the Agency dissolved,and
its assets and obligations were transferred to the successor agency to the former Agency (the “Successor
Agency”)and the City Council serves as the governing body of the Successor Agency.(City Resolution No.8-
2012, dated January 25, 2012).
WHEREAS, the land use controls of the Redevelopment Plan expired on June 17, 2022; and
WHEREAS,the OPA governs certain “Property”in the Redevelopment Plan area as depicted in Exhibit A-1 to
the OPA.Within the Property,ARE-San Francisco No.33,LLC owns 600,630,and 650 Gateway Boulevard
(the “ARE 33 Property”);ARE 901/951 Gateway Boulevard,LLC owns 901 and 951 Gateway Boulevard (the
“ARE 950/951 Property”);601 &651 Gateway Center LP owns 601 and 651 Gateway Boulevard (the “ARE
601/651 Property”);611 Gateway Center LP owns 611 and 631 Gateway Boulevard (the “ARE 611 Property”);
681 Gateway Center LLC owns 681 and 685 Gateway Boulevard (the “ARE 681 Property”);701 Gateway
Center LLC owns 701 Gateway Boulevard;and 751 Gateway Center LLC owns 751 Gateway Boulevard (the
“ARE 751 Property).Collectively,the ARE 33 Property,ARE 901/951 Property,ARE 601/651 Property,ARE
611 Property,ARE 681 Property,ARE 701 Property,and ARE 751 Property are referred to herein as the
“Subject Properties”; and
WHEREAS,the OPA distinguishes between fee obligations as to the “Affected Property”(described in Exhibit
A-2 to the OPA)and the “Homart Property”(described in Exhibit A-3 to the OPA).The Homart Property is a
smaller area located entirely within the Affected Property.The Subject Properties all are within the Homart
Property; and
WHEREAS,the OPA obligates developers of Property outside of the Homart Property to contribute to the cost
of the Oyster Point Separation Project.Due to a prior prepayment by the owners of the Homart Property
pursuant to a separate obligation,the OPA only obligates developers of the Homart Property to contribute to the
cost of the Oyster Point Separation Project if building permits are granted that result in construction of
improvements that would contribute more than a specified number of trips,and states that the Homart PropertyCity of South San Francisco Printed on 2/12/2024Page 1 of 3
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improvements that would contribute more than a specified number of trips,and states that the Homart Property
need not contribute at all once the City has raised sufficient funds to meet its local share of the cost of the
Oyster Pont Separation Project.For the purposes of the OPA,the letting of the first construction contract for the
construction of the Oyster Point Separation Project is conclusive evidence that the local share of the cost of the
project has been raised.The Oyster Point Separation Project has been completed and thus,there are no future
circumstances where the owners of the Homart Property will be obligated to further contribute to the Oyster
Point Separation Project, including without limitation the Oyster Point Separation Project fee.
WHEREAS,in addition to the obligations pertaining to the Oyster Point Separation Project,the OPA contains
the following obligations applicable to the Subject Properties:
·establishment of permitted densities;
·requirement that applicants for Precise Plans seek approval from an architectural control
committee and the City’s Design Review Board;
·requirement that as a condition of Precise Plan approval,Agency may require applicants
to obtain certain insurance; and
WHEREAS,the foregoing obligations have been satisfied or are no longer appropriate to enforce as described
below:
·As to permitted densities,the total amount of constructed/approved/proposed
development for the Subject Properties is within the identified densities in the OPA.
However,after expiration of the land use controls of the Redevelopment Plan,these densities
no longer are enforceable,and the City’s General Plan and Zoning dictate the appropriate
densities.
·As to review authority for Precise Plans,after passage of the Dissolution Law,land use
review authority within the Redevelopment Project area reverted to the City.As such,City
design review requirements under the Municipal Code apply,and these provisions no longer
are relevant.
·As to insurance requirements,the owners of the Subject Property all maintain insurance
in accordance with industry standards as part of development projects.
WHEREAS,the obligations pertaining to the Subject Properties under the OPA have been completed or are no
longer appropriate to enforce.As such,executing an amendment to remove the Subject Properties from the
“Property,”the “Affected Property,”and the “Homart Property”governed by the OPA is appropriate and would
assist in winding down the operations of the Successor Agency.Further,other current City planning and
governing documents now dictate the appropriate development of the Subject Properties; and
WHEREAS,the Second Amendment to the Amended and Restated Owner Participation Agreement,as attached
hereto and incorporated herein as Exhibit A,provides for the removal of the Subject Properties from the
“Property,”the “Affected Property,”and the “Homart Property”governed by the OPA,effectively terminating
the OPA as to the Subject Properties.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San Francisco that:
1.The City Manager is authorized to execute the Second Amendment to the Amended and Restated Owner
Participation Agreement,in substantially the same form as attached hereto and incorporated herein as
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Participation Agreement,in substantially the same form as attached hereto and incorporated herein as
Exhibit A,subject to review by the City Attorney and subject to minor revisions and clarifications of the
City Attorney that do not otherwise expand the City’s obligations; and
2.The City Manager is authorized to take any other related actions consistent with the intention of the
resolution.
NOW,THEREFORE,BE IT RESOLVED by the Board of the Successor Agency to the Redevelopment Agency
for City of South San Francisco that:
1.The Executive Director is authorized to execute the Second Amendment to the Amended and Restated
Owner Participation Agreement,in substantially the same form as attached hereto as Exhibit A,subject
to review by Agency Counsel and subject to minor revisions and clarifications of Agency Counsel that
do not otherwise expand the Agency’s obligations; and
2.The Executive Director is authorized to take any other related actions consistent with the intention of
the resolution.
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087638\16760781v7 09/05/23
SECOND AMENDMENT TO AMENDED AND RESTATED OWNER
PARTICIPATION AND DEVELOPMENT AGREEMENT
This Second Amendment to the Amended and Restated Owner Participation and
Development Agreement (this "Second Amendment") is made and effective as of
September _________, 2023 (“Effective Date”) by and between the City of South San
Francisco, a municipal corporation (“City”), the Successor Agency to the Redevelopment
Agency of the City of South San Francisco (“Successor Agency”), and ARE-San Francisco
No. 33, LLC (“ARE 33”); ARE-901/951 Gateway Boulevard, LLC (“ARE 901/951”); 601
& 651 Gateway Center LP (“ARE 601/651”); 611 Gateway Center LP (“ARE 611”); 681
Gateway Center LLC (“ARE 681”); 701 Gateway Center LLC (“ARE 701”); and 751
Gateway Center LLC (“ARE 751), all Delaware limited liability companies or limited
partnerships (“Owners”). City, Successor Agency, and Owners are sometimes collectively
referred to herein as “the Parties.” Any capitalized terms not defined herein shall have the
meaning ascribed to them in the OPA (as defined below).
RECITALS
A. On June 17, 1981, the City adopted the Redevelopment Plan for the South
San Francisco Gateway Redevelopment Project (the “Redevelopment Plan”). In 1981, the
City, the Redevelopment Agency of the City of South San Francisco (“Redevelopment
Agency” or “Agency”), and Homart Development Co. (“Homart”) entered into an owner
participation agreement (subsequently amended eight times) addressing the redevelopment
of property owned or subsequently acquired by Homart within the Redevelopment Plan
area (as amended, the “1981 OPA”);
B. On August 20, 1992, the City, the Redevelopment Agency, and Homart
entered into the Amended and Restated Owner Participation Agreement, which was
subsequently amended by that certain 1993 Amendment to Amended and Restated Owner
Participation Agreement dated January 27, 1993, and further amended by that certain First
Amendment to Amended and Restated Owner Participation Agreement dated August 13,
1997 (all as amended, the “OPA”). The OPA superseded the previous 1981 OPA;
C. The OPA governs certain “Property” in the Redevelopment Plan area as
depicted in Exhibit A-1 to the OPA. Within the Property, ARE 33 owns 600, 630, and 650
Gateway Boulevard (the “ARE 33 Property”); ARE 901/951 owns 901 and 951 Gateway
Boulevard (the “ARE 950/951 Property”); ARE 601/651 owns 601 and 651 Gateway
Boulevard (the “ARE 601/651 Property”); ARE 611 owns 611 and 631 Gateway Boulevard
(the “ARE 611 Property”); ARE 681 owns 681 and 685 Gateway Boulevard (the “ARE
681 Property”); ARE 701 owns 701 Gateway Boulevard; and ARE 751 owns 751 Gateway
Boulevard (the “ARE 751 Property) (collectively, the “Subject Properties”). The Subject
Properties are legally described in Attachment 1 (which shall be Exhibit A-4 to the OPA)
and depicted in Attachment 2 (which shall be Exhibit A-5 to the OPA), attached hereto and
incorporated herein.
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D. The OPA outlines different obligations as they pertain to different portions
of the Property (as defined in the OPA). Specifically, the OPA distinguishes between fee
obligations as to the “Affected Property” (described in Exhibit A-2 to the OPA) and the
“Homart Property” (described in Exhibit A-3 to the OPA). All of the Subject Properties are
within the Affected Property and the Homart Property.
E. On February 1, 2012, the State of California dissolved all redevelopment
agencies in the state and established successor agencies to assume certain rights and
obligations of the former agencies. Cal. Health & Safety Code §§ 34170 et seq.
(“Dissolution Law”). Pursuant to the Dissolution Law, the Redevelopment Agency
dissolved, and its assets and obligations were transferred to the Successor Agency. (City
Resolution No. 8-2012, dated January 25, 2012). The City Council serves as the governing
body of the Successor Agency.
F. The obligations pertaining to the Subject Properties under the OPA have
been substantially completed. Further, other current City planning and governing
documents now dictate the appropriate development of the Subject Properties. As such,
early termination of the OPA as to the Subject Properties is appropriate.
G. In light of the dissolution of redevelopment agencies, including the former
Agency, the satisfaction of obligations pursuant to the OPA as to the Subject Properties,
and the existence of other current City planning documents governing the development of
the Subject Properties, the Owners requested and the City and Successor Agency agreed to
amend the OPA to remove the Subject Properties, effectively terminating the OPA as to
the Subject Properties.
NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, and incorporating all of the above as
though set forth in full herein and in consideration of all the recitals, conditions and
agreements contained herein, the Parties hereby agree as follows:
1. Amendments to OPA. Section 1.11 “Property” in Article I
“Definitions” of the OPA is amended to read as follows with amendments to the
Agreement reflected as additions in double underline and deletions in strikethrough.:
1.11 “Property” shall mean that certain real property more particularly
described in Exhibit A hereto and shown on the map attached as Exhibit A-1
hereto, which was, at the time of the execution of the Existing OPA, owned
by Developer, together with other parcels within the Project Area which were
subsequently acquired by Developer, but excluding the Subject Properties (as
defined in subsection (c) below).
(a) “Affected Property” shall mean the property described in Exhibit A-2 but
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excluding the Subject Properties.
(b) “Homart Property” shall mean the property described in Exhibit A-3 but
excluding the Subject Properties.
(c) "Subject Properties” shall mean that certain real property more
particularly described in Exhibit A-4 hereto and shown on the map attached
as Exhibit A-5 hereto.
2. Counterparts. This Second Amendment may be executed in multiple counterparts,
all of which shall constitute an original, and all of which together shall constitute a single instrument.
Counterparts of this Second Amendment executed and delivered by facsimile, email or other means
of electronic delivery shall constitute originals for all purposes.
Except as amended by this Second Amendment, all obligations and terms contained in the OPA are
unchanged and shall remain in full force and effect.
SIGNATURES ON FOLLOWING PAGE
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IN WITNESS WHEREOF, the parties have executed this Second Amendment
as of the Effective Date.
CITY OF SOUTH SAN FRANCISCO
By:
Sharon Ranals
City Manager
ATTEST:
By:
Rosa Govea Acosta
City Clerk
APPROVED AS TO FORM:
By:
Sky Woodruff
City Attorney
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SUCCESSOR AGENCY TO
REDEVELOPMENT AGENCY
OF CITY OF
SOUTH SAN FRANCISCO
By:
Sharon Ranals
Agency Executive Director
ATTEST:
By:
Rosa Govea Acosta
Agency Clerk
APPROVED AS TO FORM:
By:
Sky Woodruff
Agency Attorney
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087638\16760781v7 09/05/23
ARE 33:
ARE-SAN FRANCISCO NO. 33, LLC,
a Delaware limited liability company
By: Alexandria Real Estate Equities, L.P.,
a Delaware limited partnership
managing member
By: ARE-QRS Corp.,
a Maryland corporation,
general partner
By: _______________________________
Name: _______________________________
Title: _______________________________
ARE 901/951:
ARE-901/951 GATEWAY BOULEVARD, LLC,
a Delaware limited liability company
By: Alexandria Real Estate Equities, L.P.,
a Delaware limited partnership
managing member
By: ARE-QRS Corp.,
a Maryland corporation,
general partner
By: _______________________________
Name: _______________________________
Title: _______________________________
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ARE 601/651:
601 & 651 GATEWAY CENTER LP,
a Delaware limited partnership
By: Gateway Center GP LLC,
a Delaware limited liability company
general partner
By: Gateway Portfolio Member LLC,
a Delaware limited liability company,
managing member
By: Gateway Portfolio Holdings LLC,
a Delaware limited liability company,
managing member
By: ARE-San Francisco No. 83, LLC,
a Delaware limited liability company,
managing member
By: Alexandria Real Estate Equities, L.P.,
a Delaware limited partnership,
managing member
By: ARE-QRS Corp.,
a Maryland corporation,
general partner
By: _______________________________
Name: _______________________________
Title: _______________________________
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ARE 611:
611 GATEWAY CENTER LP,
a Delaware limited partnership
By: Gateway Center GP LLC,
a Delaware limited liability company
general partner
By: Gateway Portfolio Member LLC,
a Delaware limited liability company,
managing member
By: Gateway Portfolio Holdings LLC,
a Delaware limited liability company,
managing member
By: ARE-San Francisco No. 83, LLC,
a Delaware limited liability company,
managing member
By: Alexandria Real Estate Equities, L.P.,
a Delaware limited partnership,
managing member
By: ARE-QRS Corp.,
a Maryland corporation,
general partner
By: _______________________________
Name: _______________________________
Title: _______________________________
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ARE 681:
681 GATEWAY CENTER LLC,
a Delaware limited liability company
By: Gateway Portfolio Member LLC,
a Delaware limited liability company,
managing member
By: Gateway Portfolio Holdings LLC,
a Delaware limited liability company,
managing member
By: ARE-San Francisco No. 83, LLC,
a Delaware limited liability company,
managing member
By: Alexandria Real Estate Equities, L.P.,
a Delaware limited partnership,
managing member
By: ARE-QRS Corp.,
a Maryland corporation,
general partner
By: _______________________________
Name: _______________________________
Title: _______________________________
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ARE 701:
701 GATEWAY CENTER LLC,
a Delaware limited liability company
By: Gateway Portfolio Member LLC,
a Delaware limited liability company,
managing member
By: Gateway Portfolio Holdings LLC,
a Delaware limited liability company,
managing member
By: ARE-San Francisco No. 83, LLC,
a Delaware limited liability company,
managing member
By: Alexandria Real Estate Equities, L.P.,
a Delaware limited partnership,
managing member
By: ARE-QRS Corp.,
a Maryland corporation,
general partner
By: _______________________________
Name: _______________________________
Title: _______________________________
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ARE 751:
751 GATEWAY CENTER LLC,
a Delaware limited liability company
By: 751 Gateway Member LLC,
a Delaware limited liability company
managing member
By: 751 Gateway Holding LLC,
a Delaware limited liability company,
managing member
By: ARE-San Francisco No. 83, LLC,
a Delaware limited liability company,
managing member
By: Alexandria Real Estate Equities, L.P.,
a Delaware limited partnership,
managing member
By: ARE-QRS Corp.,
a Maryland corporation,
general partner
By: _______________________________
Name: _______________________________
Title: _______________________________
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ATTACHMENT 1
“Description of Subject Properties”
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ATTACHMENT 2
“Depiction of Subject Properties”
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