SR-907-000 (5)
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FE B 2 8 1978
Santa Monica~ Ca1ifornia~ February l6~ 1978
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To:
Mayor and City Council
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From: City Staff
Subject: Barclay-Curci -- Clover Park Property Exchange
Introduction
ThlS report transmits the attached resolution authorizing the Clty Manager
to effect an exchange of property between the Clty of Santa Monica and
Barclay-Curci Investment Company in order to facilitate the development
of the proposed Clover Park.
Background
On December l2~ 1977, the Council directed the City Attorney's Office to
prepare the necessary documents for the exchange of Lot 1 of Tract
No. 33022 owned by Barclay-Curel and Lots 1, 2, and 3 of the City-owned
Tract No. 34609. The exchange parcels are of equal SQuare footage. As
prevlous1y lndicated to the Council, the property exchange obligates the
City to provlde street and utility access to the exchange parcels as shown
on the attached map. The proportional costs of improving the City's
property which would be attr1buted to Lots 1, 2~ and 3, and using the
developer's contract unlt prices 1S $57,000. Similarly, Barclay-Curci
Investment Company is obligated to provide various lmprovements to Ocean
Park Boulevard adjoining Parcel 1 at an estimated cost of $lOO~OOO.
be
FEB 2 8 1978
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To:
Mayor and Clty Council
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February 16. 1978
D1ScuSSlon
The attached resolution fulfills all City Charter requirements wlth respect
to determinatlons that the City Exchange Parcels are considered surplus
property for purposes of this transaction, and that formal bldding require-
ments are walved ln this instance. The adoption of this resolution will
require the affirmative vote of five members of the City Council In
accordance wlth Section 250SA of the Charter.
Recommendation
It is recommended that the Council:
1. Adopt the attached Resolution approving the exchange and
authorizing the City tlanager to execute the appropriate
documents to effect a concurrent exchange.
2. Appropriate $57.000 from unallocated reserves to complete the
required street and utility lmprovements.
Prepared by. John Jalili
Stan Scholl
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RESOLUTIon NO. 4979 (CCS)
(Clty Councll Serles)
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF SANTA MONICA
AUTHORIZING THE EXCHMIGE or
CERTAIN REAL PROPERTY BETWEEN THE
CITY OF SANTA ~ONICA AND BARCLAY
CURCI INVESTMENT CO~PANY
WHEREAS, in 1977 the Clty Plannlng COmID1SS10n
approved a subdlvlslon of the prlvately owned portions of
the former McDonnell-Douglas slte wlth the condltlon that
Lot 1 of that tract, No. 33022, would be subject to an
exchange wlth equal portlons of the Clty-owned property to
acco~odate the creatlon of a publlc park extendlng to
Ocean Park Boulevard along 25th Street.
WHEREAS, ln D2cer~er of 1977, the City CounCll
agreed to an exchange of real property wlth Barclay-Curcl
Investment Company to accommodate thlS purpose; and,
HHEREAS, Barclay-Curcl InvestD1ent Company has
agreed to the exchange of Lot 1 of Tract No. 33022 for
Clty-owned Lots 1, 2 and 3 of Tract No. 34609; and,
WHEREAS, the Clty of Santa Monica has determlned
that the publlC purposes for WhlCh lots 1, 2 and 3 of Tract
No. 34609 were acqulr2d wlll be fully accompllshed by
ownershlP and development of the real property whlch Barclay-
CurCl InvestMent Company proposes to exchange for sald
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Clty owned parcels.
NOW, THEPgFORE, THE CITY COU~CIL OF THE CITY OF
SANTA MONICA DOES RESOLVE:
SECTION 1.
That the Clty Manager be and 15
hereby authorlzed to effect a transfer of ownershlp of Lots
1, 2 and 3 of Tract No. 34609 to Barclay-Curc1 Investment
Company in exchange for City ownershlp of Lot 1 of Tract
No. 33022.
SECTION 2.
The Clty Council flnds and deterrnlnes
that Lots 1, 2 and 3 of Tract No. 34609 are no longer
needed for the purposes acqulred and that said property
or the title thereto lS not needed for any pub11C purpose.
SECTION 3.
The C1ty Councll flnds and determlhes
that to advertise for blds and sell sald Clty property, in
lieu of the property exchange wlth Barclay-curci Investment
Company, would not be in the best lnterests of the Clty.
SECTION 4
The Clty Clerk shall certify to the
adoption of this resolutlon, and thenceforth and thereafter
the same shall be ln full force and effect.
ADOPTED and APPROVED thlS 28th day of
February
,
1978.
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\LJcl)L4~dJ (Qi5t~--r\ ,-4 V~'~lLh
MAYOR
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,ATTEST: ,I
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CI':['Y CJ,;ERK -c:::. -- -- - -
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I hereby certlfy that ~he foregolng resolutlon was
duly adopted by the City Caunell of the Clty of Santa Monlca
at a regular ~eetlng thereof, held on the 28th day of
Fehruary
, 1978, by the followlng vote of the Councl1:
AYES;
Councllmember; BaJIlbricky Cohen, Reedy
Scott, TTlves. van den
Steenhoven, Mayor S\-nnk
NOES:
Coune::Llmember: ~one
ABSENT:
Councllmember: None
APPROV:r::D AS
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7 / CITY CLERK
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