HomeMy WebLinkAbout1996-02-13 - AGENDA REPORTS - ENVIRON SITE ASMT (2)NEW BUSINESS
DATE:
SUBJECT:
AGENDA REPORT
City Manager Approve
Item to be presented
February 13, 1996
ENVIRONMENTAL SITE ASSESSMENT
DEPARTMENT: Parks, Recreation, and Community Services
BACKGROUND
Rick Putnam
The 6.6 acre parcel adjoining and south of the Rivendale Parcel (53.9 acres) at the entrance
to the City's recently purchased Ed Davis Park in Towsley Canyon is being offered for sale.
The Parks, Recreation, and Community Services Department has had several conversations
with the real estate representative for the subject property. The property would provide
considerable potential for the development of an income producing enterprise compatible with
"Santa Clarita Woodlands"and the City's Rivendale Open Space.
Prior to entering into negotiations for the acquisition of this parcel, the Parks, Recreation,
and Community Services Department needs to complete an environment site assessment,
preform a preliminary title search, complete a legal review, and prepare a land appraisal.
These standard studies would define any environmental concerns present on the property,
special conditions on the title affecting use or ownership, and establish a fair market value
for negotiations with the owner.
Staff has reviewed available funding opportunities and recommends utilizing $15,000 which
is the portion of the PFA Fund Interest Earned on the $2 million during the escrow period
for the purchase of Rivendale (53.9 acres) to fund the due diligence studies.
RECOMMENDATION
It is recommended that the City Council appropriate $15,000 for the capital project "Rivendale
Recreational Acquisition," account #28-99058-410 from interest revenue previously received in
account #28-3431 to contract professional services for property appraisal, environmental site
assessment, preliminary title search, legal review, and other required research for parcel
acquisition.
ATTACHMENT
Parcel location map
SAPR\C0UNCIL\RIV6AGEN.JMI
APPROVED
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