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AgdaPkt 2017-09-11 Closed and Joint SA PFA
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AgdaPkt 2017-09-11 Closed and Joint SA PFA
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Last modified
9/21/2017 12:51:50 PM
Creation date
9/7/2017 6:06:39 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
9/11/2017
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6.1.A. - Page 1 <br /> REPORT <br /> To the Honorable Mayor and City Council <br /> From the City Manager <br /> September 11 , 2017 <br /> SUBJECT <br /> Improvement Agreement, Landscape Maintenance Agreement, Stormwater Treatment <br /> Measures Management Agreement and Hold Harmless Agreement for the development <br /> at 2075 Broadway (Lane Partners) <br /> RECOMMENDATION <br /> 1 . By motion, approve and authorize the City Manager to execute an Improvement <br /> Agreement with Lane — Broadway, LLC and BAG-GEM Properties, LP. <br /> 2. By motion, approve and authorize the City Manager to execute a Landscape <br /> Maintenance Agreement with Lane — Broadway, LLC and BAG-GEM Properties, LP. <br /> 3. By motion, approve and authorize the City Manager to execute a Stormwater <br /> Treatment Measures Maintenance Agreement with Lane — Broadway, LLC and BAG- <br /> GEM Properties, LP. <br /> 4. By motion, approve and authorize the City Manager to execute two Hold Harmless <br /> Agreements with Lane — Broadway, LLC and BAG-GEM Properties, LP. <br /> BACKGROUND <br /> The subject commercial development project is a 4-story, 93,515 square foot mixed-use <br /> office/retail building with three levels of underground parking. The project fronts <br /> Jefferson Ave. and Broadway, with driveway access to the underground parking <br /> provided on Jefferson Ave. On February 17, 2016, the Zoning Administrator held a duly <br /> noticed public hearing and approved the Downtown Planned Community Permit for <br /> 2075 Broadway. The site formerly housed approximately 20,000 square foot of <br /> commercial space (Powerhouse Gym and several other small tenant spaces) with <br /> surface parking. <br /> ANALYSIS <br /> The developer's engineer completed the improvement plans, and specifications <br /> compliant with Redwood City Ordinances, City Standards, and to the satisfaction of the <br /> City Engineer. Improvements include the subterranean garage, new sewer, storm and <br /> water services, a new storm drain main, a new 12" sewer main, sidewalk modifications <br /> per Downtown Precise Plan standards, trees, and street lighting. Tie-backs are needed <br /> to construct the three level subterranean garage as a part of the shoring. The tie-backs <br /> will extend into the City parking lot behind 2075 Broadway, the neighboring properties at <br /> 2065 Broadway and 837 Jefferson Ave., and the public right of way along the project's <br /> property frontage on Jefferson Ave. and Broadway. The tie-backs within the City <br />
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