Corte Madera Town Council

Posted on: March 13, 2017

Discussion of potential development agreement for the overflow parking area (the “gravel lot”)

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At the upcoming Corte Madera Town Council meeting scheduled for March 21, 2017, the Town Council will consider an action to endorse the proposed terms for a non-exclusive easement and development agreement to allow Corte Madera Village, LLC  to improve the Town’s gravel lot (APN 024-032-19) and utilize the resulting parking spaces for required parking for the Village at Corte Madera, including a potential Restoration Hardware expansion project; and provide direction and authorization to Town Staff to draft the non-exclusive easement and development agreement consistent with the negotiated term sheet.


This item is a follow-up to the action taken at the October 20, 2015 Town Council meeting, where the Town Council approved Resolution No. 41/2015, “Authorization to Proceed with Discussions and/or Real Estate Negotiations with Macerich Regarding Potential Sale, Lease or Other Disposition of the Town’s Gravel Lot Located on Redwood Highway North East of the Village at Corte Madera Eastern Parking Lot.” The text of Resolution 41/2015 can be viewed via the following link: http://townofcortemadera.org/DocumentCenter/View/2573


The Town Council is only considering the negotiated term sheet.  This item does not involve any consideration or decision making toward the overall Restoration Hardware project.  


For more information please review the detailed meeting materials, which will be available by 5pm on Friday, March 17th  on the Town’s website, http://townofcortemadera.org/AgendaCenter/Town-Council-1, or contact Town Manager Todd Cusimano at (415) 927-5061 or email: tcusimano@tcmmail.org.

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