HomeMy WebLinkAbout25O - PATRICIA LANE PARK
REQUEST FOR
COUNCIL ACTION
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CITY COUNCIL MEETING DATE:
CLERK OF COUNCIL USE ONLY:
NOVEMBER 15, 2004
TITLE:
APPROVED
D As Recommended
D As Amended
D Ordinance on 1 sl Reading
D Ordinance on 2nd Reading
D Implementing Resolution
D Set Public Hearing For
AMENDMENT TO CONTRIBUTION
AGREEMENT FOR PATRICIA LANE
PARK
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C Y MANAGER
CONTINUED TO
FILE NUMBER
RECOMMENDED ACTION
1. Direct the City Attorney to prepare and authorize the City Manager and
Clerk of the Council to execute a second amendment to the Contribution
Agreement for the purchase and development of patricia Lane Park.
2. Approve an appropriation adjustment reducing the Select Street
Construction revenue account (account no. 59-01-5342-5) and the Select
Street Construction Improvements Other Than Buildings expenditure
account (account no. 59-551-6631) by $90,000.
DISCUSSION
On March 17, 2003, the City approved a Contribution Agreement with the
State of California for Transportation Enhancement Activities (TEA) Grant
Funding in the amount of $533,000 for the purchase and development of
patricia Lane Park. An appraisal was performed by the Department of
Transportation (CalTrans) and the properties were offered to the City at
fair market value.
The nine surplus parcels being acquired by the City were originally
purchased with Federal, State and OCTA funds for the widening of the 1-5
freeway and any revenue received from the sale of the property were to be
used to reimburse the respective agencies. Because the properties were
originally purchased using Federal, State and OCTA funds, and TEA funding
is a Federal Grant Program, the Federal Highway Administration and
California Department of Transportation have agreed to waive their portion
of the acquisition costs on the eight parcels being acquired for scenic
enhancement using TEA grant funding. This reduced the required grant amount
from $533,000 to $439,000 as reflected in the first amendment. The
remaining single parcel is being acquired with City funds to allow for the
construction of recreational improvements. Recently OCTA has agreed to
250-1
Amendment to Contribution Agreement
for Patricia Lane Park
November 15, 2004
Page 2
waive their share of the original property acquisition. The
amendment reflects the reduction of the OCTA portion of $90,000,
reducing the required grant amount from $439,000 to $349,000.
second
thereby
FISCAL IMPACT
The appropriation adjustment will reduce the Select Street Construction
revenue account (account no. 59-01-5342-5) and the Select Street
Construction Improvements Other Than Buildings expenditure account (account
no. 59-551-6631) by $90,000.
APPROVED AS TO FUNDS AND ACCOUNTS:
Jf(j.... Ge r a
r Exec tive Director
Parks, Recreation and
Community Services Agency
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Director
Management Svcs. Agency
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J-;mes G. oss
Executive Director
Public Works Agency
250-2