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Agenda Item

2.17 22-0596 Subject: 12 Street Remainder Property ENA With SAHA From: Community And Economic Development Committee Recommendation: Adopt A Resolution Directing The City Administrator to (A) Solicit A Proposal From Satellite Affordable Housing Associates (SAHA) For A 100% Affordable Housing Project On The Second Portion Of The 12th Street Remainder Parcel, Located At East 12th Street And 2nd Avenue (Property) That Would Qualify As Exempt Surplus Land Under California Surplus Land Act Section 54421(F)(1)(A), And (B) Provide A Timeline To Return To Council With A Resolution Authorizing The City Administrator Negotiate And Enter Into An Exclusive Negotiating Agreement With SAHA For The Property