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<br />REQUEST FOR <br />COUNCIL ACTION <br /> <br />~ <br />~ <br /> <br />CITY COUNCIL MEETING DATE: <br /> <br />CLERK OF COUNCIL USE ONLY: <br /> <br />NOVEMBER 15, 2004 <br />TITLE: <br /> <br />APPROVED <br /> <br />D As Recommended <br />D As Amended <br />D Ordinance on 1 sl Reading <br />D Ordinance on 2nd Reading <br />D Implementing Resolution <br />D Set Public Hearing For <br /> <br />AMENDMENT TO CONTRIBUTION <br />AGREEMENT FOR PATRICIA LANE <br />PARK <br /> <br />~;1Y' <br /> <br />~j /.}/7 <br />. ~~:I /~c <br />C Y MANAGER <br /> <br />CONTINUED TO <br /> <br />FILE NUMBER <br /> <br />RECOMMENDED ACTION <br /> <br />1. Direct the City Attorney to prepare and authorize the City Manager and <br />Clerk of the Council to execute a second amendment to the Contribution <br />Agreement for the purchase and development of patricia Lane Park. <br /> <br />2. Approve an appropriation adjustment reducing the Select Street <br />Construction revenue account (account no. 59-01-5342-5) and the Select <br />Street Construction Improvements Other Than Buildings expenditure <br />account (account no. 59-551-6631) by $90,000. <br /> <br />DISCUSSION <br /> <br />On March 17, 2003, the City approved a Contribution Agreement with the <br />State of California for Transportation Enhancement Activities (TEA) Grant <br />Funding in the amount of $533,000 for the purchase and development of <br />patricia Lane Park. An appraisal was performed by the Department of <br />Transportation (CalTrans) and the properties were offered to the City at <br />fair market value. <br /> <br />The nine surplus parcels being acquired by the City were originally <br />purchased with Federal, State and OCTA funds for the widening of the 1-5 <br />freeway and any revenue received from the sale of the property were to be <br />used to reimburse the respective agencies. Because the properties were <br />originally purchased using Federal, State and OCTA funds, and TEA funding <br />is a Federal Grant Program, the Federal Highway Administration and <br />California Department of Transportation have agreed to waive their portion <br />of the acquisition costs on the eight parcels being acquired for scenic <br />enhancement using TEA grant funding. This reduced the required grant amount <br />from $533,000 to $439,000 as reflected in the first amendment. The <br />remaining single parcel is being acquired with City funds to allow for the <br />construction of recreational improvements. Recently OCTA has agreed to <br /> <br />250-1 <br />