What happened
- Approved allowing the city manager to sign agreements for a $15 million affordable housing grant application.
- Heard discussion about negotiating price and payment terms for Metro Walk Phase II development.
Auto-generated summary from agenda items and vote records
View official: AgendaAttendance
Contracts(2 items)
Negotiate price and payment terms for Metro Walk Phase II development
In Plain English
The city is discussing financial terms with Pacific West Builders for the next phase of housing at Richmond Transit Village near the BART station. This closed-door meeting focuses on the 11th amendment to the original development agreement. The negotiations involve both the developer and BART as property owners.
Auto-generated summary. Source: official agenda documents.
Allow city manager to sign agreements for $15 million affordable housing grant application
In Plain English
The city previously applied for this state grant in 2021 but was rejected. The revised application covers a 150-unit affordable housing project near Richmond BART station plus transit and bike improvements. If approved, the city receives up to $5 million for infrastructure while BART gets $10 million for new train cars and fare gates.
Auto-generated summary. Source: official agenda documents.
Votes
authorize the city manager to enter into an Implementation and Mutual Indemnity Agreement with BART and Pacific West Communities required to apply for and receive funds for the Metrowalk Phase 2 project, which includes a 150-unit affordable housing development and related transit, pedestrian, and bicycle improvements from Round 7 of the Affordable Housing Sustainable Communities (AHSC) grant program and include the City of Richmond if necessary