HomeMy WebLinkAboutAGENDA REPORT 1993 0106 CC REG ITEM 11Dgas /�
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MOORPARK ITEM I/
799 Moorpark Avenue Moorparl ,(California 930211
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A G E N D A R E P O R T
(805) 529 -6864
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cf. 1993
ACTION.
5 Fla N 9 ?.
By —
TO: Honorable City Council
FROM: Mary K. Lindley, Assistant to the City Managerr;�i
DATE: December 29, 1992 (CC Meeting of January 6)
SUBJECT: Consider Budget Appropriation for Roof Repair for
the City Managed Building at the Southeast Corner
of High Street and Moorpark Avenue.
Background
In the Fall of 1992 the Ventura County Transportation Commission
(VCTC) purchased property in Moorpark, along High Street from Egg
City to the Metrolink Station. In turn, the City and VCTC entered
into an agreement on September 13, 1991, for a five year purchase
option for approximately 231,000 square feet of the Southern
Pacific property. As a part of the option agreement, the City
accepted property management responsibilities and their related
costs.
On October 21, 1992, the Redevelopment Agency directed staff to
proceed with the property purchase and authorized the Mayor to sign
purchase documents.
As a part of VCTC's negotiations for the purchase of the property,
Southern Pacific agreed to dispose of the asbestos tiles in the
former bank building on the southeast corner of High Street and
Moorpark Avenue. The options presented to VCTC were to either
demolish the building or to remove the affected tiles. At the
City's request, VCTC opted to have Southern Pacific remove the
tiles.
As a result of the removal work performed on the building, there
are now holes in the roof were water can enter. To date the
Community Services Department's maintenance staff have used sheets
of plastic to cover the roof to prevent rain damage to the interior
PAUL W. LAWRASON JR. JOHN E. WOZNIAK SCOTT MONTGOMERY BERNARDO M PEREZ ROY E. TALLEY JR.
Mayor Mayor Pro Tem Councilmember Councilmember Councilmember
Printed On Recycled Paper
Roof Repairs
December 28, 1992
Page 2
S00
sl$ 3`
of the building. Staff is asking that Council c der permanent
repairs to the roof at an estimated cost of 5,000 Staff has
received one bid and is in the process of solici o additional
bids for the require repair work.
As of July, the City has collected $19,627 in revenue from the
property leases on the VCTC property and can anticipate a total of
$61,860 in revenue by the end of the fiscal year (pending final
agreement with Eggs West). In contrast, the City has spent $28,000
in quarterly interest payments and will spend an additional $28,000
by June, for a total of $56,000 in anticipated expenditures.
Based on fiscal year -end estimates, there is sufficient revenue
from lease payments to fund the roof repairs. The revenue is
located in the General Fund property revenue /rents and concessions,
fund number 01.3.350.352.
Recommendation (Roll Call Vote)
Staff recommends that the Council approve the work to repair the
roof of the former bank building and appropriate $4,200 ($3,500
contract and $700 contingency) from the General Fund to the
Administrative Services Department's maintenance and repair line
item ( #01.4.117.658 ) to fund the expenditure. The 1992/93
appropriation for this line item would increase from $500 to
$4,700.