SR-907-000 (4)
1pr-000
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Santa Monica, California, December 6, 1977
TO' Mayor and City Counc i I II E
FROM: City Staff DEe 1 3 1977
SUBJECT: Land Exchange with Barclay-CurcI
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Introduction
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This report transmits a land exchange plan with Barclay-Curci Investment Company.
Background
On May 2, 1977, the City Planning Commission conditionally approved Tentative
Tract Map No. 33022 for subdivision of the former McDonnell Douglas site, and
imposed the following condition concerning land exchange between Barclay-Curci
Investment Company and the City of Santa Monica.
The Subdivider shall grant the City an option to exchange Lots
1, and Lots 2 and 3 or 11 for adjacent City-owned property, such
exchange to be made on a net land basis to wit: one sq. ft. of
unimproved land for one sq. ft. of unimproved land. If any of
Lots 1, 2, 3 and 11 are improved with streets and utll ities at
the time of the exchange, City shall cause streets and utilities
to be installed, or reimburse subdivider the costs of constructing
or installing the same on the present City owned parcels. Provided,
however, that said option shall be conditional upon the City's
use of Lots 1,2,3 or 11 for open space and/or recreational use.
Provided, further, that City's option shall expire six (6) months
from the date of approval of the Tract Map unless it is exercised
by notice in writing from City to subdivider prior to said
expiration, in which event, City shall have an additional six (6)
months to perfect said exchange and subdivider shall cause such
exchange to be Made within said additIonal six (6) month period.
Upon appeal to the City Council on June 13, 1977, the Council el iminated Lots 2
and 3 frOM the proviSions of land exchange; and on October 25, 1977, the City
Council, in approving the development of an industrial park on the City-owned
land, released Lot 11. Lot 1, the 8.73 acre parcel at the corner of 25th Street
and Ocean Park Boulevard, the site of the proposed neighborhood park, IS therefore
the only remaining potential exchange parcel. The City Council, under the terms
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DEe 1 3 1977
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TO: Mayor and City Council
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December 6, 1977
of the subdivision approval, must complete the property exchange by April 25, 1978,
or Lot I also cannot be considered for exchange.
Discussion
In accordance wIth the terms of the Tentative Tract Map approval, Barclay-Curci
Investment Company has proposed to exchange Lot 1 for 8.78 acres of City-owned
land along the entire southern boundary of their property. The staff analysis of
the Barclay-Curci proposal indicates that the proposed exchange would further
reduce the width of the City-owned parcel to approximately 100 feet at the east
end, and result in several irregularly-shaped parcels. These parcels would have
limited development value.
The staff, therefore, has rejected the developer's proposal and proposes an
alternative land exchange plan shown on Figure I. The plan provides for the
exchange of three (3) potential parcels equalling 8.78 acres, the same amount
as Lot I. Under the provisions of the Tentative Tract Map, the City is
obligated to bear the cost of street Improvements bisecting the exchange parcels.
This cost estimated at $90,000 would have to be borne by the City regardless of
the exchange since the streets would also serve the industrial park development
on the balance of the City-owned land. When the City is prepared to proceed
with the development of the balance of its lands, it would of course have the
option of requiring the future developers to install the streets.
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TO: Mayor and City Council
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December 6, 1977
Recommendation
The staff recommends City Council direct the City Attorney's office to prepare
the necessary documents for property exchange in accordance with the staff's
proposal.
Prepared by: John Jalili
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