HomeMy WebLinkAboutAGENDA REPORT 2018 0321 CCSA REG ITEM 10O CITY OF MOORPARK, CALIFORNIA
City of Moorpark
of March 21, 2018
ACTION Approved staff recommendation
Adopted le so No 2U125-3690 Item: 10.0.
By M. Benson
MOORPARK CITY COUNCIL
AGENDA REPORT
TO: Honorable City Council
FROM: Jessica Sandifer, Community Services Manager
DATE: March 9, 2018 (CC Meeting of 03/21/18)
SUBJECT: Consider Purchase of 136 First Street (APN 512-0-102-120) and
Resolution Amending Fiscal Year 2017/18 Budget to Fund
Transaction and Allocate Funds for Pre-Acquisition Due-Diligence
and Property Maintenance
BACKGROUND & DISCUSSION
Staff has negotiated with Ms Rosalina Cassese to purchase the property located at 136
First Street The property is located on First Street immediately east of the two
properties already owned by the City The property had previously been red tagged by
Building and Safety due to an issue with the gas line that caused the residential building
on the property to slide off its foundation It is proposed that this property would become
a part of the Area Housing Authority's scattered site project that they are currently
exploring on the adjacent city-owned property The property proposed for purchase has
an 800 square foot residential dwelling unit on a 7,500 square foot lot Due to the red
tag status of the property, the building will be demolished after purchase Staff is in the
process of having a Limited Phase I Environmental Site Assessment (Phase I)
completed on the property, but the results will likely not be received prior to the City
Council meeting The City Council is being asked to authorize the purchase of the
property, subject to a favorable Phase I report
ENVIRONMENTAL DETERMINATION
Staff has evaluated the acquisition of 136 First Street for compliance with the California
Environmental Quality Act (CEQA) The Community Development Director has
determined the acquisition action is exempt from CEQA under Section 15061 (b)(3) of
the CEQA Guidelines, also known as the "general rule" exemption, because it can be
seen with certainty that its acquisition will not have the possibility to have a significant
effect on the environment This exception applies because the City is not proposing to
use the property or to change the property to a new use at this time, and will only be
demolishing a residential structure that can no longer be legally occupied due to
foundation damage If and when the City proposes to use the property, environmental
review of the proposed use would be conducted at that time
118
Honorable City Council
March 21, 2018 Regular Meeting
Page 2
FISCAL IMPACT
The negotiated sale price for the property is $250,000.00. There is no funding in the FY
2017/18 budget allocated for the pre-acquisition due diligence costs, purchase price,
closing costs or associated maintenance after close of escrow. Staff is requesting a
budget amendment of $259,500.00 to fund these costs from the City Affordable Housing
Fund (2121). After the purchase of 136 First Street is complete, and in consideration of
current appropriations from the fund, the current balance in the City Affordable Housing
Fund will be approximately $3,048,587. Staff will schedule a future agenda item to
request funding for the demolition of the structure, which is estimated to cost $40,000.
STAFF RECOMMENDATION (ROLL CALL VOTE)
1. Authorize purchase of property at 136 First Street and authorize the City
Manager to approve and sign all documents relevant to the transaction, subject
to a favorable Phase I report, subject to final language approval of the City
Manager; and
2. Authorize the City Clerk to accept the Grant Deed for the property; and
3. Adopt Resolution No. 2018-_______, amending the Fiscal Year 2017-18 budget
for costs associated with the purchase and maintenance of the property.
Attachment:
1. Draft Resolution No. 2018-_____
119
RESOLUTION NO. 2018-______
A RESOLUTION OF CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR
2017/18 BUDGET BY APPROPRIATING $259,500.00 FROM
THE CITY AFFORDABLE HOUSING FUND (2121) FOR
PURCHASE OF PROPERTY AND PROPERTY MAINTENANCE
OF 136 FIRST STREET (COST CENTER NO. L0080)
WHEREAS on June 21, 2017, the City of Moorpark adopted the Operating and
Capital Improvement Projects budget for Fiscal Year (FY) 2017/18; and
WHEREAS, a staff report has been presented to City Council authorizing the
purchase of the property located at 136 First Street (Cost Center No. L0080) for a future
affordable housing project; and
WHEREAS, an aggregate budget amendment of $259,500.00 is requested from
the City Affordable Housing Fund (2121) - $257,000 for pre-purchase due diligence and
property purchase costs in the City Affordable Housing Division (422); and $2,500.00 in
the Property Maintenance Division (172) for post-closing maintenance costs; and
WHEREAS, Exhibit “A”, attached hereto and made a part hereof, describes said
budget amendment and the resultant impact to the budget line items.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. An aggregate budget amendment in the amount $259,500.00 from
the City Affordable Housing Fund (2121), as more particularly described in Exhibit “A”,
attached hereto, is hereby approved.
SECTION 2. The City Clerk shall certify to the adoption of this resolution and
shall cause a certified resolution to be filed in the book of original resolutions.
PASSED AND ADOPTED this 21st day of March, 2018.
_____________________________
Janice S. Parvin, Mayor
ATTEST:
________________________________
Maureen Benson, City Clerk
Exhibit A – Budget Amendment
120
Resolution No. 2018 – ______
Page 2
EXHIBIT A
BUDGET AMENDMENT FOR
CITY AFFORDABLE HOUSING FUND (2121)
FOR PURCHASE AND MAINTENANCE COSTS FOR 136 FIRST STREET
FY 2017/18
FUND BALANCE ALLOCATION:
Fund Title Fund-Account Number Amount
City Affordable Housing Fund 2121-000-00000-33990 $ 259,500.00
Total $ 259,500.00
EXPENDITURE APPROPRIATION:
Account Number
Current
Budget Revision
Amended
Budget
2121-422-L0080-55100 $ - $ 257,000.00 $ 257,000.00
2121-172-L0080-53000 $ - $ 2,500.00 $ 2,500.00
$ - $ - $ -
$ - $ - $ -
$ - $ - $ -
Total $ - $ 259,500.00 $ 259,500.00
121