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OB 16-08
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OB 16-08
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Last modified
5/16/2016 10:06:57 AM
Creation date
5/16/2016 8:27:04 AM
Metadata
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Regular
Agency Type
Oversight Board
Date
5/12/2016
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Courthouse Square Easement <br /> The City is the grantee of the grant of an easement from the County of San Mateo for the Courthouse <br /> Square public area.The Successor Agency is the beneficiary of the partial easement assignment <br /> agreement executed between the City and the former Redevelopment Agency. The partial assignment <br /> agreement was invalidated pursuant to Health and Safety Code Section 34178. The rescission of the <br /> assignment and the reversion of the easements interests to the City will be formally acknowledged <br /> pursuant to a Rescission Agreement between the City and the Successor Agency.As a result,the <br /> Successor Agency will have no further interest in the property.No action is necessary to modify the <br /> easement agreement with the County,as this agreement is not subject to the Redevelopment <br /> Dissolution Statutes. <br /> �E���y�t':��C� ���"�£k� �����ro�� <br /> The lease with United States Postal Service is for the public purpose of pedestrian access,and prohibits <br /> the transfer or sublet of the lease interest without prior approval of USPS.As a result,this property <br /> interest is a public use that will be maintained for the benefit of the public through the assignment of <br /> the Successors Agency's interest in the lease and the related license agreements to the City for <br /> continued public use for the duration of the USPS lease. <br /> CONCLUSION <br /> Upon approval of this LRPMP,the parcels and property interests retained for government use will be <br /> transferred from the Successor Agency to the City. <br /> Attachments: <br /> 1. Appendix A-Redevelopment Project Area Map <br /> 2. Appendix B-Downtown Precise Plan Map <br /> 5-4-16 15 <br />
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