Loading...
SR-901-003-06 RMD:EDD:AJ:F:\RESOURCE\SHARE\GRETCHSH\StaffReports\SURPREM.doc Council Meeting: February 8, 2000 Santa Monica, California TO: Mayor and City Council FROM: City Staff SUBJECT: Resolution and Authorization to Sell the City-Owned Properties Located at 2200 Michigan Avenue and 2051 Neilson Way, Santa Monica INTRODUCTION This report recommends that Council: 1) adopt the attached resolutions declaring the City-Owned properties at 2200 Michigan Avenue and 2051 Neilson Way as ?no longer needed for purpose acquired nor for any other public purpose;? 2) authorize staff to proceed with the sales of the properties in compliance with SMMC 2.24.110 and applicable state and federal regulations; and 3) authorize the City Manager to negotiate and execute all necessary documents to complete the sales. BACKGROUND 2200 Michigan Avenue is a triangular remnant located within the former street and adjacent to the Santa Monica Freeway. The site is 824 square feet with asphalt paving, which became available as part of a street vacation in 1983. The site is too small for development. It is zoned Light Manufacturing and Studio District (LMSD) and is useable as a parking area for two cars. It was appraised at $21,000 in August, 1999. 2051 Neilson Way is a long, narrow, triangular strip located on the northeast side of Neilson Way between Bay Street and Bicknell Avenue. The site is 4,432 square feet, improved with partial block wall, deteriorated wrought iron fencing, and asphalt paving. Staff researched the purpose for which this property was acquired, and could find no information; it was assumedly acquired as part of an adjoining street vacation. It is zoned CM-3, Main Street Commercial District, and is not in use. The property was at one time used in conjunction with the adjacent Pioneer Boulangerie facility. However, its configuration and narrowness make it unusable as an independent site. It is not currently in use, and was appraised at $199,826 in August, 1999. DISCUSSION Pursuant to Municipal Code Section 2.24.110, Sale of Real Property, the Council must declare the property no longer needed for the purpose acquired and not needed for any public purpose prior to offering the property for sale. Both properties have already been offered for use by other departments within the City, and there are no public needs for either site. Adjoining property owners are interested in purchasing both sites, which are now little more than a maintenance liability to the City. FISCAL/BUDGETARY IMPACT Neither property is currently generating rental income. Revenues from the sale of the two properties, estimated at approximately $220,826, based on the August, 1999 appraised values, will be deposited as follows: 2200 Michigan, account 43401.401800 Proceeds From Sale of Fixed Assets and 2051 Neilson Way, account 01224.401800 Proceeds From Sale of Fixed Assets. RECOMMENDATION Staff recommends that Council 1) adopt the attached resolution declaring the City-owned properties at 2200 Michigan Avenue and 2051 Neilson Way no longer needed for the purposes acquired nor for any other public purpose; 2) authorize staff to proceed with the sale of the properties in compliance with SMMC 2.24.110 and applicable state and federal regulations; and 3) authorize the City Manager to negotiate and execute all necessary documents to complete the sales. Prepared by: Jeff Mathieu, Director of Resource Management Mark Richter, Economic Development Manager Gretchen Kubacky, Senior Real Estate Analyst Attachments: Resolution to allow sale of 2200 Michigan Avenue Resolution to allow sale of 2051 Neilson Way Map highlighting 2200 Michigan Map highlighting 2051 Neilson Way