HomeMy WebLinkAbout2005-03-22 - AGENDA REPORTS - SCRIVER ACQUISITION (2)CONSENT CALENDAR
DATE:
SUBJECT:
DEPARTMENT
Agenda Item:
CITY OF SANTA CLARITA
AGENDA REPORT
City Manager Approval:
Item to be presented by:
March 22, 2005
Rick Gould
C/
SANTA CLARA RIVER ACQUISITION OF 58.08 ACRES IN
CANYON COUNTRY - ASSESSOR PARCEL NUMBERS (APN)
2840-001-116,117, AND 119
Parks, Recreation & Community Services
RECOMMENDED ACTION
City Council appropriate $160,000.00 from the City Council's Contingency, Account
No. 2250-7401; appropriate $1,000,000.00 from the Capital Projects Reserve, Account
No. 2250-7408 for acquisition costs, including the title insurance policy in the amount of
$2,964.00; and authorize the City Manager or designee to execute all documents to complete the
acquisition of 58.08 acres in Canyon Country (Assessor Parcel Nos. 2840-001-116, 117, and
119), subject to City Attorney approval.
BACKGROUND
On February 28, 2005, the City entered into negotiations to purchase 58.08 acres of unimproved
land located in Canyon Country. Comprised of three parcels, bordered on the north by State
Route 14 (SR -14), the property is directly east of and adjacent to the existing City boundary. The
proposed acquisition will assist in implementing the preservation of the Santa Clara River. Due
to its proximity to SR -14, a portion of the property may be acknowledged as having future
investment and development potential. A map showing the property site is attached.
The site is currently occupied by three tenants: a firewood storage yard, heavy equipment yard,
and a caretaker's quarters, consisting of one 20'x 40' mobile home. Staff is researching the
existing leases to determine the obligation to the property and potential liability. The owner has
offered to indemnify the City from any potential tenant relocation costs. It is anticipated that the
storage yard uses could be eliminated within the next year as current lease agreements would be
allowed to expire. The caretaker's residence will remain occupied for approximately three years,
until 2008.
The purchase price of the property is $1,150,000.00. An additional $2,964.00 is needed for title
research 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.
FISCAL IMPACT
$1,150,000.00 for acquisition costs.
ATTACHMENTS
Location Map