HomeMy WebLinkAbout2015-03-10 - AGENDA REPORTS - SAND CYN PARCEL 2840-005-052 (2)Agenda Item: 6
CITY OF SANTA CLARITA
Q) AGENDA REPORT
CONSENTCALENDAR
CITY MANAGER APPROVAL:
DATE:
March 10, 2015
SUBJECT:
ACQUISITION OF REAL PROPERTY LOCATED AT 28111 SAND
CANYON ROAD, SANTA CLARITA CA. ASSESSORS PARCEL
NO. 2840-005-052
DEPARTMENT:
Parks, Recreation and Community Services
PRESENTER:
Rick Gould
RECOMMENDED ACTION
City Council:
I . Approve the purchase of 28111 Sand Canyon Road, Assessor's Parcel No. 2840-005-052,
for future infrastructure and right of way, at a total cost of $540,000, which includes
property purchase price of $470,000, and $20,000 for escrow, title, surveying fees and
due diligence costs, and $50,000 for abatement and removal costs.
2. Appropriate $100,000 from the Eastside Bridge and Thoroughfare District Fund Balance
(Fund 30 1) to Expenditure Account 14404-5201.004.
3. Appropriate $300,000 from General Fund Contingency Account 19300-540 1.001 (Fund
100) to Expenditure Account 19000-5201.004.
4. Appropriate $140,000 from Park Dedication (Quimby) Fund Balance (Fund 305) to
Expenditure Account 15502-5201.004.
5. Authorize the City Manager, or designee, to execute all documents, subject to City
Attorney approval.
BACKGROUND
In January 2015, the City entered into negotiations to purchase a property located at the
southwest corner at the intersection of Sand Canyon Road and Lost Canyon Road. The parcel is
41,780 square feet. It was originally improved in 1957 with an approximately 2,000 square foot
single family residence and two garage buildings. The property was listed for sale through
Century 21 All Moves, and was offered for sale at $489,999.
Acquisition of this property will enhance the City's on-going efforts to increase the multi -use
trail along Sand Canyon Road. If purchased, the property will provide additional street right-of-
way and an opportunity for a future trail head with connections to the City's existing open space
and adjacent trails located north and south of the subject property. As the development of the
APPROVED
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proposed roundabout at the subject intersection moves forward, ownership of this parcel will
allow for much greater flexibility in final design of the improvement, Along with the design
flexibility, the land will also provide room for ample construction staging, speeding up the
progress of the contractor and minimizing inconvenience to the neighbors and the driving public.
Advancing the trail network through this intersection will also improve pedestrian salety and
access to nearby Sulphur Springs Elementary School and Pinecrest School. The site may provide
space for a monument sign or other gateway feature into Sand Canyon, in conJunction with
existing beautification efforts.
The total estimated acquisition costs associated with the purchase of this property is $540,000.
This includes $470,000 purchase price for the property-, $20,000 for escrow fees, title fees,
surveying fees, and due diligence costs; and $50,000 for abatement and removal costs.
Appropriations made from the General Fund will be reimbursed by required developer fees, to be
paid by Vista Canyon Ranch (in support of trail amenities to connect Vista Canyon Ranch to the
Sand Canyon trail), per the development agreement.
This acquisition is in compliance with Government Code Section 65402 regarding General Plan
consistency. It has been reviewed pursuant to the California Environmental Quality Act (CEQA)
and the acquisition is exempt under CEQA guidelines Section 15061 (b) (3). as a transfer of
ownership will not change the current use or create any immediate impacts. Any subsequent or
proposed changes in the use or condition of the property will be subject to CEQA.
ALTERNATIVE ACTION
1. Direct staff to cease the 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 real property located at 28111 Sand Canyon Road, Santa Clarita, Parcel No. 2840-
005-052, which includes property purchase price of $470,000, $20,000 for escrow, title,
surveying fees and due diligence costs, and $50,000 for abatement and removal costs.
Appropriations from the General Fund will be reimbursed by the required developer fees to be
paid by Vista Canyon Ranch.
ATTACHMENTS
Aerial Map
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