Title
2000 North Shoreline Boulevard - Various Actions
Recommended Action
1. Acting in its joint capacity as City Council and Board of Directors of the Shoreline Regional Park Community, authorize the City Manager and Community Manager, or respective designees to execute a Settlement, Limited Release and Reimbursement Agreement with Google LLC, providing reimbursement for past environmental work at the property located at 2000 North Shoreline Boulevard, in a not-to-exceed amount of $4,968,700.
2. Acting in its capacity as Board of Directors of the Shoreline Regional Park Community, appropriate $4,968,700 in the Shoreline Regional Park Community Fund, utilizing the Site Contamination Reserve established within the Fund, for the settlement payment, of which 100% is from the Shoreline Regional Park Community.
3. Acting in its joint capacity as City Council and Board of Directors of the Shoreline Regional Park Community, authorize the Community Manager or designee to execute a Monitoring Reimbursement Agreement with Google LLC, for ongoing environmental monitoring, inspection and reporting at the property located at 2000 North Shoreline Boulevard, in a not-to-exceed amount of $900,000.
4. Acting in its capacity as Board of Directors of the Shoreline Regional Park Community, appropriate $900,000 in the Public Works Department, Shoreline Regional Park Community Fund, for the Monitoring Reimbursement Agreement, of which 100% is from the Shoreline Regional Park Community.