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Date Adopted:
Date Approved:
Effective Date:
City Attorney Approval: TWR Resolution No. ____________ RESOLUTION NO. ____________
A RESOLUTION OF THE COUNCIL OF THE CITY OF
FRESNO, CALIFORNIA, FINDING SUBSTANTIAL
COMMUNITY BENEFITS RESULTING FROM THE SALES
AGREEMENT THAT JUSTIFY A PRICE LESS THAN FAIR
MARKET VALUE PURSUANT TO FRESNO MUNICIPAL
CODE SECTION 4 -204 RELATING TO THE DISPOSITION
OF REAL SURPLUS PROPERTY APN 507-030-48ST
(Herndon & Brawley Avenue).
WHEREAS, the approximate14.58± acre City owned parcel of undeveloped land located at the southwest corner of West Herndon and North Brawley Avenues, APN: 507- 030-48ST was previously declared surplus by the City Council on March 19, 2020 , Resolution No. 2020-056; and
WHEREAS, pursuant to FMC Section 4- 204(d)(4), the City shall not approve any purchase and sale agreement, disposition and development agreement, or any other agreement that would cause or allow City owned real property to be c onveyed, except upon specified terms and conditions; and
WHEREAS, one of those terms requires that purchase prices shall be at fair market appraised value, unless the Council makes findings there are substantial community benefits resulting from the sales agreement that justify a price less than market value; and
WHEREAS, an appraisal was conducted on this property by A. George Zengel of Zengel & Associates in April 2016, with a total value of $1,985,000; and WHEREAS, Staff conducted an economic impact anal ysis for all proposals submitted through the request for proposal (RFP) process and it was determined, based upon the economic impact analysis, that the RFP submitted by Lakhjit S. Sandhu, MD to
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develop a Class A Medical Office Building (“Building”) approx imately 50,000 square feet in size for the purchase price of $1,850,000 was the highest yield for the community and the surrounding areas; and
WHEREAS, the price is justified and would provide substantial community benefits, and has development limitations due to its close proximity to the Sierra Sky Park Airport which makes it subject to the Fresno County Airport Plan Land Use Compatibility Plan (Fresno County ALUCP), and places development, density, and height restrictions on this parcel; and
WHEREAS, in addition, there have been challenges over the years to the community and to the City in developing the parcel of vacant land and maintaining the parcel free of blight; and
WHEREAS, the City has a significant interest in enc ouraging development and eliminating blight whenever possible; and
WHEREAS, development of this property would also generate revenue for the City through the tax rolls and confer further substantial benefit to the public by increasing access to the community to medical services in the area.
NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Fresno as follows:
1. The Council hereby makes findings that there are substantial community benefits resulting from the sales agreement that justify the sales price of $1,850,00 to Lakhjit S. Sandhu, MD pursuant to FMC Section 4-204(d)(4).
2. This resolution shall be effective upon final approval.
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STATE OF CALIFORNIA )
COUNTY OF FRESNO ) ss.
CITY OF FRESNO )
I, TODD STERMER, CMC, City Clerk of the City of Fresno, certify that the foregoing resolution was adopted by the Council of the City of Fresno, at a regular meeting held on the day of 2022.
AYES :
NOES :
ABSENT :
ABSTAIN :
Mayor Approval: , 2022
Mayor Approval/No Return: , 2022
Mayor Veto: , 2022
Council Override Vote: , 2022
TODD STERMER, CMC
City Clerk
By:
Deputy Date
APPROVED AS TO FORM:
RINA M. GONZALES
Interim City Attorney
By:
Taylor W. Rhoan Date
Deputy City Attorney