REPORT TO THE CITY COUNCIL
February 2, 2017
FROM: SCOTT L. MOZIER, PE, Director
Public Works Department
BY: ANDREW J. BENELLI, PE, City Engineer / Assistant Director
Public Works Department, Traffic and Engineering Services Division
CRAIG L. HANSEN, Supervising Real Estate Agent
Public Works Department, Real Estate Services Section
SUBJECT
Title
Authorize the City Manager or designee to execute a grant deed for the sale of property located at 922 Fagan Alley and "F" Street between Kern and Tulare Streets APN 467-074-05T, in the amount of $25,000 to Sandra Borunda and Frank A. Gonzales (Council District 3)
Body
RECOMMENDATION
To approve the sale of 7,500 square feet of excess property located at 922 Fagan Alley and "F" Street to Sandra Borunda and Frank A. Gonzales in the amount of $25,000.
EXECUTIVE SUMMARY
Sandra Borunda and Frank A. Gonzales recently purchased a building at 929 F Street, immediately west of the subject property. The new owners plan to rehabilitate the building which includes three suites. The prospective buyers recently approached the City about purchasing its small parking lot at 922 Fagan Alley which the City has not used in more than ten years. The City has agreed in principle to sell its property pending concurrence by the City Council. The prospective buyers have given the City a $5,000 deposit.
BACKGROUND
The City constructed a parking lot on the subject property more than twenty years ago in partnership with the Redevelopment Agency (RDA) (now the Successor Agency). The RDA owned the east half of the lot and the City owned the west half. Access is gained from "F" Street into the RDA portion of the lot via one-way circulation. Traffic then circulates south towards Fagan Alley where vehicles make a "U" turn into the City half of the lot and exit north back out onto to "F" Street. Recently the Successor Agency sold its portion of the lot to Ms. Borunda and Mr. Gonzales leaving the unused City-owned porti...
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