HomeMy WebLinkAbout2004-02-03; City Council; 17484; Purchase - 3322 Madison ST!? 0 U a. Q 4
.. z 0 i= 0
J
0 z 3 0 0
a -
AB# 17,484 TITLE:
AUTHORIZATION AND APPROPRIATION OF FUNDING
3322 MADISON STREET
MTG. 2-3-04 FOR THE PURCHASE OF APN 204-093-02,
DEPT. ED
DEPT. HD.
CITY ATTY.
CITY MGR
RECOM M E N DE D ACTION :
Approve Resolution No. 2004-033 authorizing the Mayor to execute documents associated with the
purchase of APN 204-093-02 located at 3322 Madison Street, Carlsbad, CA from Monica P. Mier,
and appropriating $704,000 from the Park In Lieu Northwest Quadrant Fund for the purchase of said
property and payment of surveys, reports and associated expenses.
ITEM EXPLANATION:
In September 2003, the City of Carlsbad was contacted by Ms. Monica Mier and queried as to
whether or not the City Council would be interested in purchasing her property (APN 204-093-02)
located at 3322 Madison Street, adjacent to the North West Quadrant Park site. On September 23,
2003 the City Council met and authorized staff to conduct due diligence on the site in the event they
did decide to purchase the property for a hture public use.
As a part of due diligence, the City commissioned both a property appraisal (completed October
2003) and a Phase I Environmental Site Assessment and Asbestos Survey (completed January 2004).
On December 15, 2003, Ms. Mier offered her property to the City for purchase. On January 13,2004,
after completing its due diligence, the City Council met to discuss Ms. Mier’s offer and agreed to
purchase the property at a price of $694,500, based upon the appraised value and related expenses.
The offer to purchase the property is contingent upon a finding of consistency with the Carlsbad
General Plan. The Planning Commission is scheduled to make its findings on this property
acquisition on January 21, 2004. At present, the property is vacant.
ENVIRONMENTAL IMPACT:
The Planning Director has determined that the project is exempt from the California Environmental
Quality Act, pursuant to Section 15061(b)(3) of the CEQA Guidelines. Section 15061(b)(3) exempts
projects or activities where it can be seen with certainty that there is not possibility that the activity
may have a significant effect on the environment. Simple acquisition of property, with no plan for
development of that property, is such an activity. Should the City decide to pursue development of
the site, additional environmental review will be conducted.
FISCAL IMPACT:
Although the agreed purchase price for the property is $694,500, there will be additional expenses
related to closing costs, fees and special studies and reports. Staff is requesting an allocation of
$704,000 at this time from the Park In Lieu Northwest Quadrant Fund to purchase 3322 Madison
Street and pay all related expenses. The Council’s current balance in the PIL Northwest Quadrant
Fund account stands at approximately$l.7 million. Acquisition of this property will reduce the fund
to slightly below $1 million. Acquisition of this parcel will provide the City with additional property
for future public’use.
PAGE 2 OF AGENDA BILL NO. 17,484
EXHIBITS:
1. Resolution No. 2004-033 of the City of Carlsbad, California, authorizing the Mayor to
execute documents associated with the purchase of APN 204-093-02, in the City of Carlsbad and
appropriating $704,000 from the Park In Lieu Northwest Quadrant Fund balance.
2. Location Map.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
RESOLUTION NO. 2004-033
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CARLSBAD, CALIFORNIA, AUTHORIZING THE MAYOR TO
EXECUTE ALL DOCUMENTS ASSOCIATED WITH THE
PURCHASE AND TRANSFER OF INTEREST IN 3322
APPROVING APPROPRIATION OF FUNDING FROM THE
PURCHASE AND PAYMENT OF FEES AND EXPENSES
ASSOCIATED WITH THE PROPERTY
MADISON STREET, APN 204-093-02 FROM MONICA P. MIER,
PARK IN LIEU FUND - NW QUADRANT, FOR THE
~
' WHEREAS, the City Council of the City of Carlsbad has determined that it is in the best
interest of the City to acquire 3322 Madison Street from the current owner, Monica P. Mier; and
WHEREAS, the City Council has fwther determined a purchase price of $694,500 for the
property, based on a property appraisal and other expenses is appropriate; and
WHEREAS, the total cost for acquisition of the property, including fees, studies and
reports and is estimated at $704,000; and
WHEREAS, funding of the property acquisition will be made from the Park-In-Lieu
Northwest Quadrant Fund; and
WHEREAS, the acquisition of this property is contingent upon a finding that the
acquisition is consistent with the Carlsbad General Plan, and completion of due diligence.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Carlsbad, California as follows:
1.
2.
That the above recitations are true and correct.
Upon approval as to form, the Mayor is authorized to execute all documents
associated with the purchase and transfer of interest in 3322 Madison Street to the
City of Carlsbad.
That an appropriation of $704,000 for purchase of the property, including all
associated escrow fees and expenses be allocated to the acquisition from the Park
In Lieu - Northwest Quadrant Fund.
3.
Ill
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
15
2c
21
22
23
24
2:
2(
2;
21
Ill
PASSED, APPROVED, AND ADOPTED at a regular meeting of the City Council on the
3rd dayof FEBRUARY 2004, by the following vote to wit:
AYES: Council Menbers Lewis- Finnila. Kulchin, Hall
NOES: Council bkmber Packard
ABSENT: None
Mayor L
ATTEST:
City Clerk
(SEAL)
Resolution No. 2004-033 -2- 4
I 1'51 , , -% JL