AgdaPkt 2020-06-22 Joint SA PFA - Laserfiche WebLink

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6.C. - Page 23 of 29 The following are general procedures applicable to the sale or long-term lease of City owned - property: 1. Preliminary Site Identification and Investigation of Value. In addition to those instances when private parties approach the City to propose the acquisition of real property, the City Manager may from time to time ascertain the market demand for City -owned properties in conformance with this policy. The City Manager will typically utilize informal means, such as reported listings and broker information, for estimating the market value of the parcel in order to determine whether opportunities should be pursued. 2. Preliminary Title Report. For purchases, a preliminary title report for the parcel should be obtained so that the City is aware of any possible liens or encumbrances on the property, and other exception to title, and to determine the owners of record in order to ascertain the correct parties to the disposition agreement. In most instances, a final title report and title insurance policy will be obtained at a later stage of the process. 3. Determine Approach to Be Used for Disposal. City staff should determine which of the approaches noted above should be taken with respect to the property at issue and bring the proposal to the City Council for approval prior to starting the disposal process. 4. Environmental Review. The disposal of real property by a public agency is a project within the meaning of the California Environmental Quality Act. Sometimes, however, a disposition by the City will be exempt from the requirements of CEQA (for example, where an existing use is anticipated to continue after acquisition by the purchaser). In any event, the Community Development Department should be consulted to ensure that the appropriate environmental review is conducted and that any necessary environmental documentation is completed prior to a decision to sell or lease City -owned property. 5. Surplus Land Act. If the property intended for sale has been determined to be surplus property pursuant to California Government Code Section 54220, such ATTY/POLICIES/PROPERTY ACQUISITION AND DISPOSITION PROCEDURES FINAL REV: 09-16-13 PT Page 17 of 22 47