Item #04
Date: Oct 3, 2023
To: Mayor and City Council
From: Dan Flores, Community Development Director
Jim Schaad, City Manager
Subject: Real Property Sale
Recommendation:
Pass a Motion to authorize the City Manager, or his designee, to sell .032 acres of real property located at 1021 Divver Street in Marysville, CA, and execute all necessary documents. (See Attached Exhibits) Rationale for Recommendation:
In 2005, the past owner of the single-family residence located at 1021 Divver Street built a garage addition that was permitted by the City at that time. In 2023, the current owner purchased the house with the garage addition. Subsequently, the new owner discovered that the addition, although fully permitted, was built on City property. The current owner requested that the City conduct a lot line adjustment which adds .032 acres to the current lot incorporating the already-built garage addition. The property is more particularly described in Exhibit A.
Discussion & Analysis
Staff determined a fair price for the .032 acres is $10,000, which the current owner agreed to pay in exchange for the property. Additionally, the current owner agreed to reimburse the City for engineering expenses related to the lot line adjustment in the amount of $2,000 for a total property purchase price of $12,000. The lot line adjustment is specifically described in Exhibit A and B. It is also shown on the attached map.
Alignment with City Council Goal(s):
Goal #2: Expand Economic Development by adding local growth and dollars spent within the City.
Fiscal Analysis:
The sales price of the property is $10,000 plus an additional $2,000 for total of $12,000 to be paid to the City on or before the close of escrow.
Attachments:
1) Exhibit A Lot Line Adjustment Resultant Parcel A
2) Exhibit A Lot Line Adjustment Resultant Parcel B
3) Exhibit B - Map