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HomeMy WebLinkAbout2015-06-09 - AGENDA REPORTS - QUIGLEY CYN 2833-024-038 039 (2)Agenda Item: 6 CITY OF SANTA CLARITA Q) AGENDA REPORT CONSENT CALENDAR CITY MANAGER APPROVAL: DATE: June 9, 2015 SUBJECT: REAL PROPERTY ACQUISITION OF 59.60 +/- ACRES IN QUIGLEY CANYON, ASSESSOR'S PARCELS NOS. 2833-024-038 AND 039 DEPARTMENT: Parks, Recreation and Community Services PRESENTER: Rick Gould RECOMMENDED ACTION City Council: 1. Approve the purchase of 59.60 +/- acres in Quigley Canyon, Assessor Parcel Nos. 2833-024- 038 and 039, at a total cost of $783,000, which includes the property purchase price of $718,000, and $15,000 for escrow, title, surveying fees and due diligence costs. and $50,000 for gates, fencing and signage. 2. Appropriate $439,800 from Open Space Preservation District Fund Balance (Fund 358) to Open Space Preservation District Expenditure Account 12592-5201.004. Appropriate $50,000 from Open Space Preservation District Fund Balance (Fund 358) to Open Space Preservation District Expenditure Account 12592-5201.008. 4. Appropriate $293;200 from Via Princessa Bridge & Thoroughfare District Fund Balance (Fund 302) to Expenditure Account 14405-5201.004. Authorize the City Manager, or designee, to execute all documents, subject to City Attorney approval. BACKGROUND The subject property is located in Quigley Canyon and is adjacent to the City's existing 185 +/- acres of open space. Acquisition of this property will ensure trail connectivity between other existing trails on City owned property, and increase the City's network of trails in Quigley Canyon. 0 Page I Packet Pg. 39 In 2007, staff communicated with the property owner, Ida Pryor, to determine if there was an opportunity to purchase the property; however, the negotiations were not successful. Since then, the majority of the ownership has been transferred into the Estate of Ida Pryor, and negotiations to acquire the property resumed. In November 2014, the representatives of the estate had the property appraised, which was valued at $718,000,.and the trustee approached the City with an offer to sell. The property generates income from a Lease and Surface Use Agreement with Barry Petroleum, which was recently acquired by Linn Energy. These agreements generate income of about $40,000 per year, and the City will assume the existing agreements and the future revenues as part of this real property acquisition. Similar to other acquisitions in Quigley Canyon, a portion of the funding is derived from the Via Princessa Bridge and Thoroughfare District to accommodate future transportation impacts in the area. It has been reviewed pursuant to the California Environmental Quality Act (CEQA) and the acquisition is exempt under CEQA Section 15313, Class 25, as a transfer of an ownership interest in land to preserve open space and existing natural conditions. Any subsequent or proposed changes in the use on condition of the property will be subject to CEQA guidelines. ALTERNATIVE ACTION I. Direct staff to cease purchase of the property. 2. Other action as determined by the City Council. FISCAL IMPACT Upon approval of the requested appropriations there will be sufficient funds available for the acquisition of 59.60 +/- acres in Quigley Canyon, Assessor's Parcel Nos. 2833-024-038 and 039, which includes the property purchase price of $718,000, $15,000 for escrow, title, surveying fees and due diligence costs, and $50,000 for gates, fencing and signage. Requested appropriations include $489,800 from the Open Space Preservation District (Fund 358) and $293,200 from the Via Princessa Bridge and Thoroughfare District (Fund 302). ATTACHMENTS Property Location Map 0 Page 2 Packet Pg. 40