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9.B. - Page 2 <br /> moderate income housing needs to certain authorized housing sponsors; for park and <br /> recreational or open -space purposes; for school facilities; for non - profit enterprise zone <br /> purposes; or for an infill opportunity zone or transit village plan. Further, the Planning <br /> Commission must make a finding that the sale is in conformance with the General Plan. <br /> Under state law, surplus property is land determined to be no longer necessary for the <br /> City's use although there are several exempt categories of property. (Cal. Gov't Code <br /> §54221) This is potentially a fairly broad definition capturing even properties which a city <br /> might want to sell but retain control over its development in some way. Cities either <br /> interpret this section as they sell off property while others choose for the sake of clarity <br /> and consistency to further define the meaning of surplus property. <br /> Redwood City's Charter provides the City with authority to clarify what qualifies as <br /> surplus property pursuant to its Charter Section 3 -3/4. That Charter section allows for <br /> the acquisition and disposition of City property provided that it serves a "common <br /> benefit" and also provides the City Council with authority to enact additional provisions <br /> by ordinance. Accordingly, additional provisions may further regulate the policy and <br /> process for managing its real estate holdings. If the City Council agrees, then the next <br /> step is to adopt an ordinance that articulates City policy with respect to surplus property <br /> and to update its inventory annually in accordance therewith. <br /> In defining surplus property, staff recommends considering excluding the following two <br /> parameters from the definition of surplus property: <br /> (1) Lands with continuing obligations are generally not treated as surplus under <br /> general law. For example, two City parking lots were incorporated into a private <br /> development now known as Crossing 900 were not surplus because the property was <br /> obligated with certain parking conditions which the developer must now provide by <br /> contract. <br /> (2) Some cities find that a property is not surplus if the City has a specific purpose <br /> for it, even if it is not to be used as a City facility. Presently, the City is undertaking a <br /> discussion of community benefits that would be desirable as part of private <br /> development. The City could as a matter of policy determine that City property is not <br /> surplus if the City has a specific purpose for it and /or community benefits (to be <br /> developed) <br /> If the City Council adopts an ordinance with these parameters, staff would return to the <br /> City Council with a timeline for offering certain identified properties that are the subject <br /> of development interest in accordance therewith. For example, the Corporation Yard <br /> receives much interest. Staff will likely recommend issuing a Request for Proposals for <br /> the development of the Corporation Yard. In preparation for issuance of such a request, <br /> staff has commissioned a Preliminary Title Report and a Phase 1 environmental <br /> assessment. Essential to moving forward with any project on this site is determining a <br /> location for the new Corporation Yard. Staff is in discussion with San Mateo County <br /> regarding the potential for a shared facility, which will also play into the location of a new <br /> Corporation Yard. A formidable challenge in this pursuit is the fact that industrial land is <br /> extremely limited in Redwood City and is considered a valuable resource within the <br />