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File #: 25-14567    Version: 1 Name:
Type: Study Session Status: Agenda Ready
File created: 11/19/2025 In control: City Council
On agenda: 12/2/2025 Final action:
Title: Subject: 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
Sponsors: Lauren Sapudar
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

SubjectConduct 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

 

Recommended Action

Consider Mary Ave. project and provide direction on next steps including appointing the City Manager and Interim City Attorney as Negotiators with the Nonprofit Public Benefit Corporations Cupertino Rotary Housing Corporation, Housing Choices Coalition for Persons with Developmental Disabilities, Inc., and Charities Housing Development Corporation of Santa Clara County (collectively, 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 on terms established by the City Council