AgdaPkt 2012-02-27 - Laserfiche WebLink

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9.A. - Page 1 REPORT To the Honorable Mayor and City Council From the City Manager February 27, 2012 SUBJECT Study session to discuss City -owned property RECOMMENDATION Provide direction to staff for disposition of City -owned property. BACKGROUND The City of Redwood City owns property and land, and from time to time may sell parcels or buy additional property where it serves the common benefit pursuant to newly revised Charter Section 3 -1/2. Although the Charter provides flexibility in selling, leasing, and buying property, it also contemplates that the City Council may enact additional provisions by ordinance that will guide the process. The intent of this study session is to gain insight into the types of properties the City owns and operates, as well as its vision for selling or acquiring property in response to ever - changing needs and expectations ANALYSIS As Redwood City continues to grow and thrive, developers are increasingly interested in building housing, retail, and office facilities, particularly in the downtown. Redwood City staff receives regular inquiries about various City -owned parcels and properties that are of interest to developers. Historically, staff's position has been that the properties were not for sale. But, with the proposed development of City -owned Block 2 through the Depot Circle RFP process it is clear that there are City properties that can be considered for private development. One fundamental consideration is: under what circumstances would the City buy, sell, or lease property? Likewise, when the City purchases property, what are its procurement options? A typical purchase involves a traditional negotiation process; however there may be other procurement options available to Redwood City. A facilitator -led City Council Study Session will help to identify various considerations and options as a first step in defining a process. City staff and the facilitator will prepare a discussion matrix for the Study Session. The matrix provides a framework and a starting point for discussion, and is intended to be further evaluated, modified, and