The Concord City Council will hold a special City Council meeting on Monday, March 28 at 6:30 p.m. in the City Council Chamber at Civic Center, 1950 Parkside Dr. By state law, City Council meetings may be called with 24-hour notice.
Monday’s meeting is being called to provide the City Council an opportunity to consider two requests from Catellus Development Corporation – a finalist in the Master Developer selection process for the 1st Phase development of the Reuse Area Plan on the former Concord Naval Weapons Station. Catellus has requested changes to its Agreement to Negotiate and Disposition and Development Agreement (DDA) Term Sheet, and has requested that Council consider a settlement agreement that returns their $250,000 good faith deposit should the Council not desire to change its Agreement to Negotiate and Term Sheet. The staff report for this item will be available by 5 p.m. on Friday, March 25 on the City’s website www.cityofconcord.org.
According to the staff report, “Staff recommends that the Council, sitting as the LRA: (1) reject Catellus’ request for changes to its Agreement to Negotiate and Term Sheet; (2) authorize the refunding of Catellus’ Initial Good Faith Deposit of $250,000 in exchange for Catellus’ voluntary withdrawal from the Master Developer selection process and waiver and release of any and all claims it may have against the City, subject to a mutually agreeable settlement agreement; and (3) authorize the City Manager to execute a settlement agreement on behalf of the LRA and City in substantially the form attached hereto.”
The meeting will be televised on Concord Cable TV channel 28 (Comcast), 29 (Astound), and 99 (AT&T U-verse), and streamed from the City’s website.
For more information, visit www.concordreuseproject.org or contact Director of Community Reuse Planning Guy Bjerke, (925) 671-3076. To see the complete staff report, click here. http://www.ci.concord.ca.us/pdf/citygov/agendas/council/2016/0328/3A.pdf
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