HomeMy WebLinkAbout1995-05-09 - AGENDA REPORTS - SCRIVER PARKLAND 40 ACRES (2)AGENDA REPORT
City Manager Approval 4LI
Item to be presente y:
Rick Putna j 2-9�`
UNFINISHED BUSINESS
DATE: May 9, 1995
SUBJECT: Santa Clara River Parkland Acquisition -
40 Acres in the Lost Canyon Road Area
APN #2840-004-014 and #2840-004-015
DEPARTMENT: Parks, Recreation, and Community Services
BACKGROUND
The City of Santa Clarita has been awarded $2,480,000 from the Safe Neighborhood Parks Act
passed by the voters in November 1992 solely for the acquisition and development of Santa Clara
River Parkland. The Park Planning Section is currently preparing a study of the Santa Clara
River to identify undeveloped parcels for acquisition as River Park sites. The study indicates that
the undeveloped river area in the Canyon Country community located at approximately the Lost
Canyon Road undercrossing of the Antelope Valley Freeway (Interstate 14) is a preferred site
opportunity.
The owner of parcels #2840-004-014 and #2840-004-015 has expressed an interest in selling
approximately 40 acres to the City for River Parkland. These parcels are within the preferred site
area (zone #13, see attached map) of the River Park acquisition study and are adjacent to an
additional 26 acres of land owned by the Newhall Land and Farming Company, which has also
indicated a willingness to enter into negotiations to sell their parcel to the City of Santa Clarita.
All parcels are located in the unincorporated area of Los Angeles County, Park Planning staff
supports this acquisition opportunity as an important element in the development of our River
Park system and the Santa Clara River Trail, which is currently under development in this
location.
The property owners have requested that the City begin sales contract negotiations on the 40 -acre
parcel by opening an escrow account, preparing escrow instructions, an offer to purchase, and a
refundable escrow deposit of $25,000. The escrow deposit will be subject to final approval by the
City Council for acquisition and price, and will be refundable to the City if acquisition of these
parcels is not authorized by the City Council. The deposit is considered by the property owner to
be an indication of good faith in the acquisition process to hold the property off the open market,
subject to the City's approval of due diligence reports and an independent property appraisal to
establish a fair market sales value.
RECOMMENDATION
1, Authorize the City Manager to sign all required and necessary forms to open and enter into
an escrow account to remove the property from the open real estate market;
APPROWED Agenda item:
Santa Clara River Parkland Acquisition - 40 Acres in the Lost Canyon Road Area
May 9, 1995
Page 2
2. Authorize a refundable deposit of $25,000 into areal estate escrow account from previously
appropriated Proposition A Specific Project revenues budget account number 24-99037-227;
and
3. Authorize the Director of Parks, Recreation, and Community Services to contract services
for due diligence reports on property ownership records with the selected escrow company,
Scott Voltz & Associates, for property appraisals; Rincon Consultants for California
Environmental Quality Act (CEQA) and on-site hazardous waste evaluations; and others for
reports as required to negotiate a fair market purchase value for the parcel(s).
ATTACHMENTS,
Parcel Maps
Santa Clara River Location Map
REP.JMI.dis
council/agriopk2.rep
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