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Presentation

Riverside City Council
August 2, 2022

Document
Presentation
Meeting
August 2, 2022
Body
Riverside City Council
Original file
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Text extracted from the city's file for reading and search. Open the original on riversideca.legistar1.com. That file is the official record.

7/21/2022
1 RiversideCA.gov
1 RiversideCA.gov
DECLARE APN: 233-061-005, EXEMPT

SURPLUS LAND & APPROVE

PURCHASE AND SALE AGREEMENT
City Council
August 2, 2022
Community & Economic Development
RiversideCA.gov
2 1. June 9, 1998, City Council approved the widening of Van Buren Blvd resulting in approximately 4,436 SF surplus ROW.

2. October 9, 2019, State Assembly Bill 1486 adopted, requiring public agencies to follow the Surplus Property Law for disposing surplus property

3. Widening of Van Buren Boulevard completed & Public Works Department has declared the subject properties surplus to their needs

BACKGROUND
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2 RiversideCA.gov
3 1. Property is to be consolidated with parcel 3605 Van Buren Boulevard

2. Consists of less than 5,000 square feet and has access from Andrew Street

3. Narrow strip of land and is not buildable independently

4. Electrical transformer located within the subject segment, which is reserved as a Public Utility Easement

DISCUSSION
RiversideCA.gov
4 5. April 6, 2021, City Council adopted and approved the Resolution for Summary Street Vacated (segment of Andrew Street)

6. Property appraised value is the Purchase Price of $30,000 in its as-is condition

7. Escrow period is 90-days from Effective Date

8. Deposit of $2,000 within 15 business days after the Effective Date, applied towards purchase price

DISCUSSION
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3 RiversideCA.gov
5 SUBJECT SITE - APN: 233-061-005
RiversideCA.gov
6 SUBJECT SITE

1. 4,436 square feet (0.10 acres) highlighted in yellow and is under the controlled of Public Works (PW)

2. Zoned Commercial Retail – Specific Plan (CR-SP)

3. General Plan designation is Mixed Use Village (MU-V)

4. Located on the signalized northeast corner of Van
Buren Blvd. & Andrew Street

5. Remnant of the Van Buren Boulevard Street Widening
Project
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4 RiversideCA.gov
7 Strategic Priority No. 5 – High Performing Government Goal No. 5.4 - Achieving and maintaining financial health by addressing gaps between revenues and expenditures and aligning resources with strategic priorities to yield the greatest impact.

Cross-Cutting Threads

STRATEGIC PLAN ALIGNMENT
RiversideCA.gov
8 That the City Council:

1. Declare the vacant City-owned land located at
the intersection of Van Buren Blvd. and Andrew
Street, identified as Assessor’s Parcel Number
233-
061-005, as exempt surplus land based on the written
findings contain in this staff report;

2. Approve the Purchase and Sale Agreement with Ms.

Suneet Sidhu for the sale of approximately 4,436 square feet of vacant City-owned land for the sale price of
$30,000; and

RECOMMENDATIONS
7 8
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5 RiversideCA.gov
9 3. Authorize the City Manager or his designee to
execute the Purchase & Sale Agreement,
including making minor non-substantive
changes, and to sign all documents necessary to
complete the transaction

RECOMMENDATIONS
9

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