HomeMy WebLinkAbout2005-05-24 - AGENDA REPORTS - DOCKWEILER ACQUISITION (2)Agenda Item: _
CITY OF SANTA CLARITA
AGENDA REPORT
CONSENT CALENDAR City Manager Approval:
Item to be presented by: Robert Newman
DATE: May 24, 2005
SUBJECT: ACQUISITION OF 6.92 ACRES OF VACANT LAND LOCATED
AT THE TERMINUS OF DOCKWEMER DRIVE - ASSESSOR'S
PARCEL NO. 2833-012-019
DEPARTMENT: Building and Engineering
RECOMMENDED ACTION
City Council authorize the City Manager or designee to execute all required documents to
complete the acquisition of 6.92 acres of unimproved real property located at the terminus of
Dockweiler Drive (APN 2833-012-019), subject to City Attorney approval; and appropriate
$258,000.00 from the Via Princessa Bridge and Thoroughfare District Account No. 303-6193 to
expenditure Account No. 4363-8620 for purchase, title, and escrow costs.
BACKGROUND
On April 27, 2005, the City entered into negotiations to purchase 6.92 acres of unimproved real
property located at the western terminus of Dockweiler Drive. The proposed acquisition will
assist in implementing the future alignment of the Dockweiler Drive extension. The extension of
Dockweiler Drive will create a secondary east -west link through Newhall, with eventual
connections that coordinate with the public enhancement of downtown Newhall. Portions of the
property not necessary for the road may have enhanced investment and development potential.
The purchase price of the property is $250,000.00. An additional $8,000.00 is needed for escrow
fees, Phase 1 Environmental report, and issuance of a policy for title insurance.
ALTERNATIVE ACTIONS
1) City Council may direct staff to cease the acquisition effort.
2) Other actions as determined by the City Council.
APPOOVED
FISCAL IMPACT
Approval of this action will leave a balance of $ $586,688.00 in the Via Princessa District
Account No. 303-6193.
ATTACHMENTS
Location Map