AgdaPkt 2012-10-08 - Laserfiche WebLink

Browse Search

8.A. - Page 1 RE PO RT To the Honorable Mayor and City Council From the Cit Mana er October 8, 2012 SUBJECT Proposed City Council Policy Regarding City Real Property Acquisition and Disposition RECOMMENDATION Review Proposed Policy Regarding City Real Property Acquisition and Disposition and Direct Staff To Return Policy With Any Revisions For Adoption At Future Meeting. BACKGROUND Until 2011, the City's procedure for disposing of property was limited to selling to the highest bidder. In 2011, the City Charter was amended to make the City's procedures for acquiring and disposing of property similar to general law cities. Section 3-1/2 of the City's Charter now provides: Subject to any additional provisions that the City Council may enact by ordinance, the City may purchase, /ease, receive, hold and enjoy real and personal property, and control and dispose of it for the common benefit. The Charter as amended provides the City with greater flexibility in managing its assets and at the same time recognizes the need for implementing policies and procedures that will provide guidance to staff and to the community. The first step toward implementation occurred in early 2012 when the City conducted a comprehensive inventory of City-owned property and then also conducted a facilitated evaluation of land disposition under the 2010 General Plan, the revised 2011 Downtown Precise Plan, and current market conditions. (See April 23, 2012 Report Regarding Inventory of City-Owned Parcels.] The next step is to consider a policy that sets forth responsibilities, general strategies, and procedures for the acquisition and disposal of real property and provides a framework that assures that any such action advances the City plans, policies, and goals, as well as provides for effective stewardship of City assets. Once the policy has been reviewed and approved, some revisions to the Municipal Code may be necessary to ensure consistency between these procedures and the Code. This policy will also need to be updated from time to time to account for changing market conditions.