HomeMy WebLinkAbout1997-05-13 - AGENDA REPORTS - RIVER PARK LAND ACQUISITION (2)AGENDA REPORT
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City Manager Approval
Item to be presented y:
Rick Putnam
CONSENT CALENDAR
DATE: May 13, 1997
SUBJECT: RIVER PARK LAND ACQUISITION
DEPARTMENT: Parks, Recreation, and Community Services
In 1995, the City Council adopted the Santa Clara River Park Project Report which identified
and prioritized areas along the river for directing the City's River Greenway Acquisition efforts.
The Santa Clara River Project Report identified the Lost Canyon area of the Santa Clara River
as the most preferred area for acquisition and improvement. The 1992 and 1996 Parks and
Open Space Bond Acts approved by the voters, provided funding for the land and access
construction of the Santa Clara River Park.
Adjacent to the City's Lost Canyon River Park parcel APN# 2840-002-003, are three parcels
APN#.2840-002-008 (1.1 acres), 009 (5.6 acres) & 019 (4.9 acres). The parcel owners have
offered them for sale. The Parks, Recreation, and Community Services Department has
completed its due diligence and supports the acquisition of the sites for addition to the Lost
Canyon River Park site. The appraised values of these properties are commensurate with the
value paid for the City's original acquisition in this area.
I . 1 u ErA I
1. The City Council approve the acquisition of Los Angeles Assessor Parcel Numbers 2840-
002-008 for a price not to exceed $10,000, 2840-002-009 for a price not to exceed $38,000,
and 2840-002-019 for a price not to exceed $35,000. The funds for this acquisition are
budgeted in account 60001210-8001.
2. Authorize the City Manager to negotiate, prepare, and sign all required documentation
to complete the acquisitions.
Parcel Map
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COUNTY OF LOS ANGELES, CALIF.