HomeMy WebLinkAbout2011-11-22 - AGENDA REPORTS - 17.20 ACRE PLACERITA PURCHASE (2)CONSENT CALENDAR
DATE:
SUBJECT:
DEPARTMENT:
Agenda Item: 4
CITY OF SANTA CLARITA
AGENDA REPORT
City Manager Approval:
Item to be presented by
November 22, 2011
Rick Gould
PURCHASE OF 17.20 +/- ACRES OF REAL PROPERTY IN
PLACERITA CANYON, SANTA CLARITA, CA, LOS ANGELES
COUNTY ASSESSOR'S PARCEL 2833-023-020.
Parks, Recreation, and Community Services
RECOMMENDED ACTION
1. City Council approve the purchase of 17.20 +/- acres of real property in Placerita Canyon,
Assessor's Parcel 2833-023-020, for open space preservation at a total cost of $90,000, which
includes $15,000 for escrow, title, surveying fees, and due diligence costs, and $20,000 for open
space start-up costs including gates, fencing, and signs as may be required;
2. Appropriate $52,000.00 from Open Space Preservation District Fund Balance (Fund 358) to
Open Space Preservation District Expenditure Account 12592-5201.004; appropriate
$20,000 from Open Space Preservation District Fund Balance (Fund 358) to Open Space
Preservation District Expenditure Account 12'592-5201.008;
3. Authorize the transfer of $18,000 from Contractual Services Account R0002303-5161.001 to
Environmental Mitigation Land Acquisition Account R0002303-5201.004;
4. Authorize the City Manager, or designee, to execute all documents, subject to City Attorney
approval.
BACKGROUND
In September 2011, the City entered into negotiations to purchase approximately 17.20 +/- acres
of real property in Placerita Canyon for open space purposes. This property consists of
Assessor's Parcel Number 2833-023-020.
The purchase of this property will enhance the City's ongoing efforts to preserve open space and
provide additional trail opportunities for residents. The property is located close to the 160 acres
of City -owned Quigley Canyon Open Space. The acquisition of this site will allow for
fr,PROVE[ 91v
additional trail connections and future trail alignments. This acquisition is in compliance with
both Government Code Section 65402 regarding General Plan consistency and the mission of the
Open Space Preservation District.
The total estimated costs associated with the purchase of this property are $90,000. This
includes the $55,000 purchase price of the land; $15,000 for escrow fees, title fees, surveying
fees, and due diligence costs; and $20,000 for open space start-up costs and improvements which
includes such items as gates, fencing, and signage as may be required. Funds in the amount of
$18,000 from the Land Bank Mitigation Fund will be used to leverage funds from the Open
Space Preservation District for this acquisition.
ALTERNATIVE ACTIONS
1. Direct staff to cease purchase of the property.
2. Other action as determined by the City Council.
FISCAL IMPACT
The total cost of this property acquisition is estimated at $90,000. Upon City Council approval,
the necessary funds to complete the transaction will be available as follows: $70,000 will be
available in Expenditure Accounts 12592-5201.004 and R0002303-5201.004 for the land
acquisition, and $20,000 will be available in Expenditure Account 12592-5201.008 for open
space start up costs and improvements.
ATTACHMENTS
Aerial Map
Location Map
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