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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 t yir : � °. h -�t�'' ., r '!`! '•s °- �` ' F-��},•�'�rty�y. ,,. a,"�{,,��•,��yftrta _�1c� -. {. _ I � rj tuy���"F�1e4 .�J'py11r ,.; �: � S �vr 3i�i'r er �"t''i.S'+nij'�r '^�^2� i ° �.�,1 i � r'' 4+.t� ,a -5 �-ti •."+.`�'�r � � I' :;? i4'` „ , I,J, .Aat, v ° i � ���._�'� s °e�•C• 5 ^} � •d e.•s --- •'�� ,d'' � . ,�` I t I K ,� :Pn i •.,.,'�'•. � X14},. _� i%,. 4 �.� ',: L ���'." frXF;.� ?A'.. �� i3 �v.. :.Yl JS � n, r�1 qx`' t� t wnt�NOW! 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