Legislation Details

File #: 25-14584    Version: 1 Name:
Type: Action Calendar Status: Agenda Ready
File created: 12/3/2025 In control: City Council
On agenda: 12/12/2025 Final action:
Title: Subject: 1) Conduct Study Session on the Mary Avenue Project (“Project”), including project history, project siting, the conditional transfer of City-owned property rights, affordability restrictions, and remaining steps prior to entitlement and closing on the Project; and 2) Consider Appointing Negotiator(s) for the possible transfer of certain rights to City-owned property (APN: 326-27-053), in the form of a ground lease or a sale with the City’s future right to repurchase (Continued from December 2, 2025)
Sponsors: Kirsten Squarcia
Attachments: 1. Staff Report, 2. A - Staff Report dated March 15 2022, 3. B - Parcel Map recorded on May 2 2023, 4. C - Staff Report dated February 6 2024, 5. D – Exclusive Negotiating Agreement executed on April 9 2024, 6. E - Staff Report dated September 4 2024, 7. F - Staff Report dated April 15 2025, 8. G - Staff Report dated July 15 2025, 9. H - Existing Conditions and Demolition Plan, 10. I - Mary Avenue Project FAQ

Title

Subject: 1) Conduct Study Session on the Mary Avenue Project (“Project”), including project history, project siting, the conditional transfer of City-owned property rights, affordability restrictions, and remaining steps prior to entitlement and closing on the Project; and 2) Consider Appointing Negotiator(s) for the possible transfer of certain rights to City-owned property (APN: 326-27-053), in the form of a ground lease or a sale with the City’s future right to repurchase (Continued from December 2, 2025)

 

Recommended Action

1: Study Session completed on December 2, 2025. No further action to be taken.

2: Appoint the City Manager and the Interim City Attorney as Negotiators with the Nonprofit Public Benefit Corporation, Charities Housing Development Corporation of Santa Clara County (the “Developer”), regarding the possible transfer of property rights in the form of a ground lease or sale with the City’s future right to repurchase. (The public comment period for this item was conducted and closed on December 2, 2025; the public comment period remains closed such that no further public comment will be taken.)