AgdaPkt 2012-10-08 - Laserfiche WebLink

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8.A. - Page 10 II. PROPERTY ACQUISITION A. GUIDING PRINCIPLES The City should consider acquiring properties if: • There is a demonstrated immediate public need • There is a master plan for the expansion of specific City services and facilities • The future land use is compatible with the General Plan, the City's Precise Plans and the City Council's Strategic Initiatives. B. PURCHASE The following guidelines apply to the purchase or rental of real property interests, whether in the form of fee title, leasehold interests, rights-of-way or easements; and whether leased or purchased with City funds or acquired via grants, donations, gifts, dedications via the development review process or property exchanges. 1. Acquisition with City Funds. The City Council should engage first in determining strategic objectives relating to property acquisition such as increasing park space or affordable housing stock. However, in some cases, opportunities may present themselves and the City Manager may initiate work associated with a potential acquisition consistent with the City Manager's purchasing authority and consistent with the general guidelines below including seeking City Council authorization to negotiate the acquisition of any real property. Acquisition proposals should be consistent with adopted plans and policies, including the adopted CIP. To the extent foreseeable, property purchase recommendations should be included with the Budget/CIP process. In any case, the City Council must authorize negotiations and approve the acquisition of any real property. Depending on the complexity of the transaction, market conditions and other circumstances at the time, the City may choose to be represented by a broker or other third party professionals in acquiring real property. ATTY/POLICIES/PROPERTY ACQUISITION AND DISPOSITION PROCEDURES REV:10-04-12 PT Page 5 of 21