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Title:
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Resolution approving and authorizing an agreement with the Redevelopment Agency of the City and County of San Francisco for the sale and exchange of real property consisting of a portion of Jessie Street between Fourth and Fifth Streets, for a purchase price of $3,100,000 and providing for the conveyance of realigned portions of Jessie Street, for the purpose of enabling the Agency to reconvey such property to or for the benefit of Emporium Development, L.L.C., (a subsidiary of Forest City) for the development of a mixed use project in the Emporium Site Area, in furtherance of the implementation of an amendment to the Redevelopment Plan for Yerba Buena Center; conditionally approving the dedication of new Jessie Streets West and East and authorizing other official actions in connection therewith; adopting findings pursuant to the California Environmental Quality Act; adopting findings that the conveyance is consistent with the city's General Plan and Eight Priority Policies of city Planning Code Section 101.1; adopting findings pursuant to Section 33433 of the California Community Redevelopment Law; and authorizing the Director of Property to execute documents, make certain modifications and take certain actions in furtherance of this Resolution.
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