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HomeMy WebLinkAbout2006-11-14 - AGENDA REPORTS - APN 2842 003 900 905 PURCHASE (2)Agenda Item: CITY OF SANTA CLARITA AGENDA REPORT CONSENT CALENDAR City Manager Approval: Item to be presented by: Mayor Weste DATE: November 14, 2006 SUBJECT: PURCHASE OF EXCESS PROPERTY FROM LOS ANGELES COUNTY, ASSESSOR PARCEL NOS. 2842-003-900 THROUGH -905 DEPARTMENT: City Manager's Office RECOMMENDED ACTION City Council approve the Sale and Purchase Agreement with Los Angeles County to purchase Assessor Parcel Nos. 2842-003-900 through 905; authorize the purchase price of $183,000.00; Appropriate $188,000.00 in funds from Council Contingency Account No. 2250-7401 to expenditure Account No. 4100-8620 for the purchase of the property and additional fees necessary for title transfer, if any, not to exceed $5,000.00; and authorize the City Manager or designee to execute all documents, subject to City Attorney approval. BACKGROUND The City received a letter from the County of Los Angeles Chief Adminstrative Offices in June 2005. The letter advertised the potential sale of excess County property located within the City. The property is comprised of five separate, non-contiguous parcels, ranging in size from .10 acre to 2.85 acres, totaling 4.43 acres. The parcels are located east of Sierra Highway, south of Golden Valley Road. The area is currently undeveloped, and has sloping topography. The terms of the Purchase and Sale Agreement include a restriction that the property be used for open space or recreational purposes. This use restriction is supported by the City s General Plan. The County has offered to sell all the parcels for $183,000.00. An additional $5,000.00 is requested for possible fees and professional services related to the transaction. ALTERNATIVE ACTIONS Other action as determined by the City Council. FISCAL IMPACT A transfer of $188,000.00 from the City Council Contingency Account No. 2250-7401 to expenditure Account No. 4100-8620 will be necessary to fund this action. Approval of this action will leave a balance of $42,000.00 in Council Contingency Account No. 2250-7401. ATTACHMENTS Location Map ft '' '�'�� . -.��, t x �, f� '; �