STAFF REPORT
City of Lancaster & Lancaster Housing Authority
JCC
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8/26/25
TN
Date: August 26, 2025
To: Mayor Parris and City Council Members
Chairman Parris and Housing Authority Board Members
From: Larissa De La Cruz, Assistant City Manager
Sydney Yeseta, Manager - Economic Development
Subject: Agreement for Exchange of Real Property between City of Lancaster and Lancaster Housing Authority
Recommendations:
1. Find the exchange of property categorically exempt under the California Environmental Quality Act and authorize staff to execute and file a Notice of Exemption.
2. Approve the Agreement for Exchange of Real Property between the City of Lancaster and Lancaster Housing Authority.
3. Authorize the City Manager and Executive Director, or their designees, to finalize and execute all related documents.
G.C. Section 84308: No
Fiscal Impact:
The Lancaster Housing Authority will be fully reimbursed the $3,000,000 it previously invested in a City-owned parcel. The appraised value of the property being transferred from the City to the Lancaster Housing Authority is $2,940,000. The City will make an equalization payment of $60,000 to the Lancaster Housing Authority to equalize the exchange value of $3,000,000.
Adequate funding is available in Account No. 101.49900.8000 Project String CP11BS050 – Marvin E. Crist Aquatics Facility to cover the equalization payment.
Background:
On December 14, 2021, the City Council approved a Purchase and Sale Agreement between the City of Lancaster and L Street Properties for a roughly 45-acre portion of Assessor Parcel Number 2 1
6 8
(APN) 3128-004-023, located in the City’s Parkway Village project area. Subsequently, the APN changed to 3128-004-903.
The total purchase price for the property at appraised value was equal to $9,800,000. In the same action taken by City Council, and a separate action taken by the Lancaster Housing Authority at the December 2021 meeting, the Lancaster Housing Authority provided $3,000,000 as the down payment for the property. The remainder of the purchase price, minus the remainder of a pre- existing Amargosa Creek channel project reimbursement agreement, was to be funded by the City.
Title was transferred to the City on December 30, 2021.
Presently, the City wishes to use a portion of APN 3128-004-903 for the Marvin E. Crist Aquatics Center project that is currently in the planning stage. For the City to construct the public project on the parcel, the funds used by the Lancaster Housing Authority must be reimbursed.
The City is also the current owner of APN 3125-009-908, a roughly 11-acre parcel located near 15th Street West and Avenue K-8. The appraised value of the parcel is $2,940,000. This property is well-suited for an affordable housing development. City Staff are already working with Pacific West Communities, Inc., to bring a 228-unit fully affordable development to the site.
The proposed action would allow for a real property exchange in which the City would transfer title of APN 3125-009-908 to the Lancaster Housing Authority and make an equalization payment of $60,000 to fully reimburse the $3,000,000 invested by the Lancaster Housing Authority. This would remove any interest of the Lancaster Housing Authority for APN 3128-004-903, making the Marvin E. Crist Aquatics Center a viable project on the site.
SY/hb
Attachment:
Agreement for Exchange of Real Property