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HomeMy WebLinkAbout2018-01-23 - AGENDA REPORTS - APPROVAL OF REAL PROPTY 2831-018-028 (2)O Agenda Item: 8 CITY OF SANTA CLARITA AGENDA REPORT CONSENT CALENDAR CITY MANAGER APPROVAL: 41 DATE: January 23, 2018 SUBJECT: APPROVAL OF REAL PROPERTY PURCHASE OF 024+/- ACRES IN THE CITY OF SANTA CLARITA; LOS ANGELES COUNTY ASSESSOR'S PARCEL NUMBER 2831-018-028 DEPARTMENT: Recreation, Community Services, Arts, and Open Space PRESENTER: Frank Oviedo RECOMMENDED ACTION City Council: 1. Approve the purchase of real property, 0.24 +/- acres of land with a 4,598 square foot building in the City of Santa Clarita; County of Los Angeles, Assessor's parcel number 2831- 018-028, at a total cost of $1,425,000; which includes the property purchase price of $1,400,000 and $25,000 for title, escrow, taxes and due diligence costs. 2. Appropriate $1,425,000 from the Public, Educational, and Governmental (PEG) Fund Balance (Fund 330) to Expenditure Account 12205-5201.004, for the purchase of the property and due diligence costs. 3. Authorize the City Manager, or designee, to execute all documents, subject to City Attorney approval. BACKGROUND This property is presented for acquisition as the new home of the Santa Clarita Valley Public Television studio. After a lengthy search for a suitable location for the public television studio, this property (Roger Dunn Golf Shop) recently became available for purchase. The intended use of a television studio is in alignment with the Downtown Newhall Specific Plan and the property includes onsite parking. Upon approval of the requested appropriations, there will be sufficient funds available for the acquisition of 0.24+/- acres and structure known as the Roger Dunn Golf Shop property, Assessor's Parcel Number 2831-018-028. This acquisition includes the property purchase price Page 1 Packet Pg. 40 of $1,400,000 plus $25,000 for escrow, title, taxes and due diligence costs. Once the acquisition is complete, there is potential to have the golf shop lease the property from the City of Santa Clarita (City) and continue to operate, as it will take the City some time for planning and bidding on work the building needs to suit the City's intended purpose. The potential lease terms with the golf shop are still in negotiation. This acquisition has been reviewed pursuant to the California Environmental Quality Act (CEQA) and is exempt under CEQA guidelines. ALTERNATIVE ACTION Other action as determined by the City Council. FISCAL IMPACT Upon approval of the recommended action, the budget will be adjusted accordingly. ATTACHMENTS Location Map O Page 2 Packet Pg. 41 I(I co fl. ,rr N, (uoi}isinboV A:pedoad uuna jeBoU) dew uoi4eoo-1 :4uewgoe44V f �A r A y A s v EaEN m Em 3 Z d �+ X30 :Y.i �EE2210 a d�oa DC7 >.�Ur a� m EF °•o EU�`o•- m F aJ�E��m 'gin