CONSIDER ADOPTING RESOLUTION APPROVING AND AUTHORIZING THE EXECUTION OF AN ASSIGNMENT, ASSUMPTION AND MODIFICATION AGREEMENT WITH GIANT DEVELOPMENT, L.P., AND GIANT DEVELOPMENT II, LP, PROVIDING FOR THE RESTRUCTURING OF A LOAN MADE BY THE FORMER REDEVELOPMENT AGENCY TO ENABLE THE MAJOR REHABILITATION OF THE GIANT ROAD APARTMENTS CEQA: A Mitigated Negative Declaration was prepared for the Giant Roads Apartment Project in November 2003 and circulated for review and comment. Comments were received and incorporated into a Mitigation and Monitoring Report subsequently adopted by the City Council. The Project applicant at that time complied with the Mitigation and Monitoring Report by preparing various environmental studies demonstrating that no significant impact would result from the Project. An addendum to the Mitigated Negative Declaration was then prepared, demonstrating that the Project would not result in significant environmental impacts. By City Council Resolution No. 2004-053, adopted on April 5, 2004, the City Council approved the addendum to the Mitigated Negative Declaration, acknowledged that the applicant had complied with the requirements of the Mitigation and Monitoring Report and found that there was no substantial evidence that the Project, as mitigated, would have a significant effect on the environment. The Project was completed and a certificate of occupancy was issued in August 2006. The proposed rehabilitation of the Project does not involve substantial changes or new information that would require the preparation of a subsequent environmental document in accordance with Section 15162 of the State CEQA Guidelines (14 Cal. Code Regs. § 15000 et seq.).

What this record is

Held by

Giant Development, L.P., AND Giant Development II, LP

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

amendment

See which contracts are coming up for rebid →

Read automatically from the title of the official record. The source document below is authoritative.

Committee

City Council

Introduced

July 9, 2024

On agenda

July 15, 2024

Passed

July 15, 2024

Enactment no.

RES 2024-104

Where it was heard

City Council Jul 15, 2024 Adopted Pass

Watch what San Pablo buys

This is one award. San Pablo signs them continuously, and each one names a company and a date it runs out. Say what you sell and we will email you when the next one matches.

Watch this

Free for 14 days, no card — and nothing charges itself: at day 14 the emails simply stop unless you choose to subscribe ($19 a month). One email when something matches, and nothing else. Unsubscribe from any of them. Searching stays free — it is public record.