DRAFT 10/7/25______
T-CDD-150019/83980 1
Council Agenda:
Item No.:
RESOLUTION NO. ______
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SUNNYVALE AUTHORZING THE CITY TO ENTER INTO
A COMPENSATION AGREEMENT ALLOWING THE CITY
T O R E T A I N C E R T A I N P R O P E R T I E S O W N E D B Y T H E
FORMER REDEVELOPMENT AGENCY OF THE CITY OF
SUNNYVALE AND AUTHORIZING THE CITY MANAGER
TO TAKE ALL ACTIONS NECESSARY TO IMPLEMENT
THE COMPENSATION AGREEMENT
WHEREAS, the Redevelopment Agency of the City of Sunnyvale (“Former RDA”) along with all redevelopment agencies in the State of California, was dissolved effective February 1, 2012, in accordance with AB 1X 26, as amended by AB 1484 and SB 107 (the "Dissolution Act"); and
WHEREAS, the Dissolution Act, as amended by AB 1484, addresses the process for the unwinding of redevelopment agencies including provisions regarding the disposition of former redevelopment agency assets; and
WHEREAS, prior to dissolution of the Former RDA, the Former RDA owned three properties located at 325 South Taaffe Street (APN 209-34-021) (“Parcel 1”), 225 South Taaffe Street (APN 209-34-025) (“Parcel 2”), and 379 S. Sunnyvale Ave (APN 209-35-013) (“Parcel 3”) all of which are developed with parking structures (collectively “Parcels”); and WHEREAS, the Parcels are subject to certain agreements and restrictions that limit their use to parking; and
WHEREAS, pursuant to Health and Safety Code Section 34180(f), the City has requested that the Affected Taxing Entities enter into a Compensation Agreement to accomplish the transfer of the Parcels from the Successor Agency to the City; and WHEREAS, the City has determined that retention of the Parcels is in the best interest of the City; and
WHEREAS, pursuant to Section 15061(b)(3) of the CEQA Guidelines, the approval of the Compensation Agreement is exempt from the requirements of CEQA because the use of the Parcels will not change or otherwise be modified as a result of the implementation of the Compensation Agreement.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SUNNYVALE THAT:
1. That the City Council finds the above recitals are accurate.
ATTACHMENT 1
T-CDD-150019/83980 2
Council Agenda:
Item No.:
2. The City Council, on behalf of the City, hereby approves the Compensation Agreement substantially in the form attached, subject to such changes as are approved by the City Manager and authorizes the City Manager to execute all documents necessary to implement the Compensation Agreement including, but not limited to, quitclaim deeds, certificates of acceptance, assignments, and covenants, conditions and restrictions and any other ancillary documents.
3. This Resolution shall take immediate effect upon its adoption.
Adopted by the City Council at a regular meeting held on ___________, by the following vote:
AYES:
NOES:
ABSTAIN:
ABSENT:
RECUSAL:
ATTEST: APPROVED:
__________________________________ _________________________________
DAVID CARNAHAN
City Clerk
LARRY KLEIN
Mayor
(SEAL)
APPROVED AS TO FORM:
___________________________________
REBECCA L. MOON
City Attorney
ATTACHMENT 1