REPORT TO THE CITY COUNCIL
October 13, 2016
FROM: SCOTT L. MOZIER, PE, Director
Public Works Department
THROUGH: ANDREW J. BENELLI, PE, City Engineer/Assistant Director
Public Works Department, Traffic and Engineering Services Division
BY: CRAIG L. HANSEN, Supervising Real Estate Agent
Public Works Department, Real Estate Services Section
SUBJECT
Title
Action pertaining to the sale of the parking lot located at the northwest corner of Fresno Street and H Street
1. Authorize the City Manager or designee to execute a grant deed for the sale of the parking lot located at the northwest corner of Fresno Street and H Street (Boxcar Lot, APN 465-040-33ST & 467-030-35ST) in the amount of $1,392,200 to the State of California High Speed Rail Authority (Council District 3)
Body
RECOMMENDATION
1. Approve the sale of 197,950 square feet of property (Boxcar Parking Lot) located at the northwest corner of Fresno Street and H Street to the State of California High Speed Rail Authority
2. Adopt a finding that a supplemental or subsequent EIR or Negative Declaration is not required pursuant to CEQA Guidelines sections 15162 or 15163, and direct staff to file a Notice of Determination with the Fresno County Recorder pursuant to CEQA Guidelines section 15096(i)
EXECUTIVE SUMMARY
The California High Speed Rail Authority (Authority) approached the City with a request to purchase the Boxcar Parking Lot on the northwest corner of Fresno Street and H Street. The Boxcar Parking Lot has been owned and utilized by the City of Fresno for the past twelve years. The Authority intends to use this property for passenger parking associated with the rail station and has offered to pay the City the appraised value of approximately $7.00 per square foot, or $1,392,200. With the transfer of the property to the Authority, the existing users of the parking lot will be relocated to other City owned parking facilities.
BACKGROUND
The City of Fresno acquired the subject prop...
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