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HomeMy WebLinkAbout2006-10-10 - AGENDA REPORTS - IRA M ROBB CITY PROPERTY SALE (2)CONSENT CALENDAR DATE: SUBJECT: DEPARTMENT: Agenda Item: CITY OF SANTA CLARITA AGENDA REPORT 011 City Manager Approval: Item to be presented by: October 10, 2006 APPROVAL OF THE SALE OF APN 2844-001-907, APN 2844-001-908 AND APN 2844-001-913, CITY OWNED PROPERTIES, TO MR. IRA M. ROBB Community Development RECOMMENDED ACTION City Council approve and authorize the City Manager, or designee, to execute an agreement with Mr. Ira M. Robb for the sale of APN 2844-001-907, 908, and 909, City owned properties, and to execute any documents related to the sale, subject to City Attorney approval. BACKGROUND Since 2005, staff has been in negotiations with three individuals who own the various adjacent properties located near the southeast corner of the intersection at Sierra Highway and Soledad Canyon Road. The intent of the negotiations is to seek a partnership between the property owners and the City which would lead to the master planning and revitalization of their collective properties. The City is not currently utilizing these properties and has no future plans for the properties. They are contiguous to Mr. Robb's property and can be used as part of a future mixed use development that will help revitalize the area. The proposed agreement between the City of Santa Clarita and Mr. Ira M. Robb, one of the three private property owners who's existing property would be part of the revitalization project would: Authorize the sale of three City owned properties totalling 1.3 acres at fair market value as determined by an appraisal of the property; Obligate Mr. Robb to perform bank restoration along the Class One bike trail. The resulting APPROVED restoration work will provide erosion control not only to the Class One bike trail, but to the adjacent private properties as well; • Obligate Mr. Robb to negotiate in good faith with the other two property owners to develop a master plan for their collective properties. ALTERNATIVE ACTIONS Other actions as determined by the City Council. FISCAL IMPACT The City of Santa Clarita will provide an appraisal of the property to be sold. The cost estimate for the appraisal is $3,700. Upon the sale of the property, and before the close of escrow, the City would receive revenues equaling the full amount of the appraised properties value from Mr. Robb. ATTACHMENTS Map Agreement available in the City Clerk's Reading File