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SLA Notice of Availability (Arrow Blvd. Property)

Fontana City Council
April 12, 2022

Document
SLA Notice of Availability (Arrow Blvd. Property)
Meeting
April 12, 2022
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Fontana City Council
Original file
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Text extracted from the city's file for reading and search. Open the original on fontana.legistar1.com. That file is the official record.

16498.00100\34892463.1

[City Letterhead]

Monday, April 18th

To All Interested Parties:

RE: Notice of Availability/Offer to Sell Surplus Property

As required by the Surplus Land Act (Government Code Section 54220 et seq.) (the “Act”) of the State of California, the CITY OF FONTANA (the “City”) is providing notification that the City intends to sell the surplus property listed in the accompanying table.

APN

ADDRESS

SIZE
(AC)

ZONING

GENERAL PLAN

DESIGNATION

CURRENT
USE

#023220113
#023220112

N/A

4.65 Acres

FBC

WMXU - 1

Vacant
Land

The City of Fontana recently purchased two vacant parcels of land (APN#023220112 & APN#023220113) from Rosemead Properties.

The City envisions a mixed-used development on the property, potentially including office space, classrooms, and a multi-purpose room for community- based programs. The $3,040,000 purchase price was supported by an MAI appraisal and environmental assessment completed on the property.

Located on the South-West corner of Arrow Blvd. and Citrus Avenue, the former Rosemead Properties land encompasses approximately 4.65 acres.

The property is currently zoned as general commercial (FBC) and is surrounded by retail, commercial and multi-family land uses. The two parcels of land are currently vacant and have never been developed or constructed on.

16498.00100\34892463.1

In accordance with Government Code Section 54222, you have sixty (60) days from the date this offer was sent via certified mail or electronic mail to notify the City of your interest in acquiring any or all of the above properties.

However, this offer shall not obligate the City to sell the property to you.

Instead, if your notice of interest is compliant with the Act, the City would enter into at least ninety (90) days of negotiations with you pursuant to Government Code Section 54223. If no notices of interest are received during the 60-day period or no agreement is reached on sales price and terms, or lease terms, with a submitter of a qualifying notice of interest, the City may market the property to the general public.

As required by Government Code Section 54227, if the City receives more than one letter of interest during this 60-day period, it will give first priority to entities proposing to develop housing where at least 25 percent of the units will be affordable to lower income households. If more than one such proposal is received, priority will be given to the proposal with the greatest number of affordable units. If more than one proposal specifies the same number of affordable units, priority will be given to the proposal that has the lowest average affordability level.

In the event your agency or company is interested in purchasing or leasing one or more the properties, you must notify the City in writing within sixty (60) days of the date this notice was sent via certified mail or electronic mail.

Notice of your interest in acquiring any of these properties should be delivered to:

City of Fontana
Matt Ballantyne
City Manager
8353 Sierra Avenue
Fontana, CA 92335

Please direct any/all questions regarding this Notice and/or Letters of Interest to David Edgar - at [email protected]
or by calling 909-772-1794.

Entities proposing to submit a letter of interest are advised to review the requirements set forth in the Surplus Land Act (Government Code Section 54220-54234).
16498.00100\34892463.1

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