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AgdaPkt 2018-03-26 Joint SA PFA
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AgdaPkt 2018-03-26 Joint SA PFA
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Last modified
3/5/2021 2:02:20 PM
Creation date
3/22/2018 4:45:26 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
3/26/2018
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REPORT <br />To the Honorable Mayor and City Council <br />From the City Manager <br />To the Honorable Chair and Agency Board <br />From the Executive Director <br /> <br />March 26, 2018 <br /> <br />SUBJECT <br />Execution of the Maple and Lathrop Parcel Grant Deed from the Successor Agency to <br />the City of Redwood City for Governmental Use <br /> <br />RECOMMENDATION <br />By motion of the Successor Agency Board, approve and authorize the Executive <br />Director to execute on behalf of the Successor Agency the Grant Deed for the Culvert <br />Parcel at Maple and Lathrop and any further documents necessary to effecturate the <br />transfer of property; and <br /> <br />By motion of the City Council, approve and authorize the Mayor to execute on behalf of <br />the City the Certificate of Acceptance of the Grant Deed for the Culvert Parcel at Maple <br />and Lathrop and any further documents necessary to effectuate the transfer of property <br /> <br />BACKGROUND <br />In 2011, the State of California adopted legislation (AB 1X 26) to dissolve and establish <br />procedures for the wind-down of the affairs of local redevelopment agencies, including <br />the former Redwood City Redevelopment Agency. This legislation, and subsequent <br />clarifying legislation (AB 1484 and SB 107), is referred as the Redevelopment <br />Dissolution Statutes. Among other things, the Redevelopment Dissolution Statutes <br />govern the disposition of real property assets the former Redevelopment Agency <br />acquired for redevelopment purposes. <br /> <br />The property located in the City at the intersection of Lathrop, Maple and Elm Streets, <br />designated as San Mateo County Assessor’s Parcel No. 053-182-030 (located at the <br />intersection of Lathrop Street and Maple Street) (“Lathrop/Maple Parcel”), and a portion <br />of Assessor’s Parcel No. 053-147-040 (located along Lathrop, near Elm Street) <br />(“Lathrop/Elm Parcel”), was acquired by the former Redevelopment Agency for <br />construction and maintenance of a creek culvert. Both parcels have been used by the <br />City to facilitate operation of, access to, and maintenance of the culvert which runs <br />6.1.D. - Page 1
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