Laserfiche WebLink
The LRPMP provides for all property interests currently held by the Successor Agency to be retained <br /> for governmental use and conveyed to the City of Redwood City,as all of the properties were acquired <br /> for public purposes,are currently in public use and will continue to be used for such purposes. <br /> PART ONE - PROPERTY INVENTORY <br /> This section is prepared pursuant to Health&Safety Code Section 34191.5 (c) (1) of the <br /> Redevelopment Dissolution Statutes.There are a total of three parcels,one leasehold interest,and one <br /> easement interest,acquired by the former Redevelopment Agency and are currently held by the <br /> Successor Agency.The required information for each of the properties or property interests,is as <br /> follows: <br /> �.�h�°�r�� ����������; ����c�� <br /> Background-This parcel is currently in use as a parking area for the downtown public library. <br /> Acquisition Purpose-The property was acquired to serve as library parking.The parcel contains <br /> approximately 53 parking spaces that are heavily utilized by patrons of the public library facility. <br /> Parcel lnformation <br /> TABLE #1 — LIBRARY PARKING PARCEL INFORMATION <br /> ITEM PARCEL INFORMATION COMMENTS <br /> Parcel# 053-137-010 <br /> Address 1012 Main Street At corner of Middlefield St. <br /> Parcel Size 20,070 Approximate size <br /> Current Use Library Parking Lot <br /> Zoning Downtown Core Downtown Precise Plan <br /> Acquisition Date Unknown <br /> Acquisition Value/Cost Unknown <br /> Estimated Value Minimal due to dedication for use as public Dedicated for public use <br /> parking. <br /> Rental Revenues $66,350 average annual gross -$10,000 net annual revenues <br /> Environmental Unknown <br /> Condition <br /> TOD Potential No To be retained for public use as <br /> Library parking <br /> Prior Development None <br /> Proposals <br /> 5-4-16 q, <br />