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HomeMy WebLinkAbout2000-10-24 - AGENDA REPORTS - GVR/SOLEDAD INTERCHANGE AGMT (2)UNFINISHED BUSINESS CITY OF SANTA CLARITA AGENDA REPORT City Manager Approi Item to be presented DATE: October 24, 2000 SUBJECT: GOLDEN VALLEY ROAD/SOLEDAD INTERCHANGE — PROJECT NO. S3005 — PIONEER SQUARE ASSOCIATES, LLC AND LAGUNA MONARCH GROUP, INC., PURCHASE AND SALE AGREEMENT (RIGHT-OF-WAY ACQUISITION) DEPARTMENT: Transportation & Engineering Services RECOMMENDED ACTION City Council (1) Approve the Purchase and Sale Agreement with Pioneer Square Associates, LLC, and Laguna Monarch Group, Inc., subject to City Attorney approval; (2) Increase estimated revenues by $4,000,000 to the Eastside Bridge & Thoroughfare District, Account No. 302-6193; (3) Appropriate $2,299,500 to the Golden Valley Road/Soledad Interchange Project, No. S3005302-8620; (4) Approve land purchase from Account No. S3005302-8620 of $2,130,000, and authorize payment of approximately $19,043 for temporary construction easements and $50,000 in escrow fees incurred by the sales transaction; (5) Authorize a change order to the City's agreement with ASL Engineering in the amount of $145,000, plus a 10 percent contingency of $14,500, for the design of the Golden Valley Road/Soledad Interchange Project, subject to City Attorney approval. The City's General Plan Circulation Element identifies the ultimate roadway network for the buildout of the General Plan. This network includes Golden Valley Road. This roadway is also identified in the Bridge & Thoroughfare (B&T) District and represents an important additional roadway link to improve travel within the City. The construction of Golden Valley Road calls for the development of an Intersection/Interchange project that crosses Soledad Canyon Road, and will eventually cross the Santa Clara River and connect to the future extension of Newhall Ranch Road., In November 1999, the City began the preliminary design and environmental assessment phase of the Golden Valley Road/Soledad Interchange project. Through this process, four conceptual alignments for the Interchange project were analyzed to determine potential environmental and fiscal impacts in order to allow the City Council to make a final determination regarding the alignment of the proposed interchange. Subsequent to this action, at their regularly scheduled meeting of July 11, 2000, the City Council adopted a resolution approving the Mitigated Negative Declaration prepared for the rrU u�u7111 Agenda iter: /G� PIONEER SQUARE, LLC, PURCHASE AND SALE AGREEMENT October 24, 2000 — Page 2 Golden Valley Road/Soledad Interchange project, and directed staff to file a Notice of Determination. Additionally, the City Council made a final determination on the design alternative and directed staff to proceed with the development of the second phase of the Golden Valley Road/Soledad Interchange project, subject to the requirements of the California Environmental Quality Act (CEQA). In January 1999, Pioneer Square Associates, LLC (Pioneer) participated in the "One -Stop" process for the development of the Valley Business Center. In May 1999, Pioneer submitted a revised site plan calling for the construction of seven buildings within the proposed business park. The proposed business park is located in an area directly adjacent to the future Golden Valley Road/Soledad Interchange. During this process, City staff informed Pioneer that a feasibility study was being prepared to evaluate a variety of alternative crossings for the future Golden Valley Road/Soledad Interchange. Specifically, staff informed the applicant that their project site was located directly within the area believed to be the "environmentally superior" alignment for this roadway. Following the completion of this Feasibility Study, staff presented the study for review and consideration at the December 14, 1999 City Council meeting. As part of this presentation, staff indicated to Council that a potential land use conflict existed between the proposed expansion of the Valley Business Center and the "environmentally superior" roadway alternative. The City Council provided staff with direction to work with the applicant to develop potential mitigation options. City staff and the applicant have met on several occasions during the year to seek potential mitigation options. While no available option provided a solution that allowed the proposed business park (as designed and processed through the Planning Division) and their private access road to coexist, by working with the applicant, staff was able to reduce the overall impact. Following the July 11, 2000 City Council action designating the Golden Valley Road/ Soledad Interchange alignment, staff began implementation of the strategy to acquire the necessary right-of-way to accommodate the future GVR Interchange and Connector Road. At the October 17, 2000 City Council Closed Session, Council authorized the City Manager to transmit a formal offer for the purchase of the subject right-of-way needed to accommodate the future Golden Valley Road/Soledad Interchange. The Purchase and Sale Agreement for acquisition of partial takes of Assessor Parcel Nos. 2849-24-13 14 15 and 16 is available in the City Clerk's Reading File. ' The appraised value of this right-of-way was determined to be $1,998,000. At this time, staff is recommending that the City Council approve the Purchase and Sale Agreement with Pioneer Square, LLC, and authorize this purchase in the amount of $2,130,000. In consideration of the uncertainties associated with protracted litigation and a potential jury decision, staff is recommending that the City Council authorize a purchase price that is 6.5 percent abo appraised value of the subject property. ve the PIONEER SQUARE, LLC, PURCHASE AND SALE AGREEMENT October 24, 2000 — Page 3 ALTERNATIVE ACTIONS City Council not approve the Purchase and Sale Agreement, and direct staff to initiate eminent domain proceedings to acquire right-of-way needed to accommodate the future Golden Valley Road/Soledad Interchange project. Other action as determined by the City Council. FISCAL IMPACT The anticipated full cost of the Golden Valley Road/Soledad Interchange project is estimated at $27.2 million. To date, the City has secured $8.25 million in funding through the recent Abbreviated MTA Call for Projects process and $5.0 million in Los Angeles County Bridge & Thoroughfare funds, fora total of $13.25 million. At this time, adequate funds are available to acquire the subject property needed to accommodate this future roadway and to design the Golden Valley Road/Soledad Interchange project. ATTAC-- HMENTS Pioneer Square Associates, LLC and Laguna Monarch Partners, Inc. Purchase and Sale Agreement (available in City Clerk Reading File) Temporary Construction Easements (available in City Clerk Reading File) K1VIT:dis council%Vbc .dm