Smart Technology Building Acquisition
City Council Presentation
Presented by: Kima Russell, Real Property Manager
Smart Technology Building Acquisition
Request Council approval to:
• Approve purchase of the Smart Technology Building
• Purchase price $3,667,740.13
• Authorize execution of Purchase and Sale Agreement
• Allow staff to complete due diligence and escrow
• Funded through the General Fund
Property Overview
Location: 793 N. “E” Street, San Bernardino, CA
Current Owner: San Bernardino City Unified
School District
Key Features:
• Institutional building suitable for municipal
use
• Existing office and training spaces
• On-site parking
• Central location
Proposed Police Department Use
The facility will support several Police Department
functions:
• Regional Fusion Center
• Personnel & Training Unit
• PEACE Teams
Additional benefits:
• Minimal interior modifications required
• Internal wall for Fusion Center (grant funded)
• Improved parking capacity for Police Department
Transaction Summary
Purchase Price
$3,667,740.13
Deposit
$100,000 escrow deposit
Funding Source
City General Fund
Purchase Condition
“As-Is” acquisition
Due Diligence Period
90 Days
Due Diligence
Recommendation
Staff recommends that the Mayor and City Council:
• Approve the purchase of the Smart Technology Building • Adopt Resolution No. 2026-XXX
• Authorize the City Manager to execute the Purchase & Sale Agreement
• Authorize staff to complete due diligence and escrow
Questions?