HomeMy WebLinkAboutSA Reso 01-2022 (22-106)City of South San Francisco P.O. Box 711 (City Hall,
400 Grand Avenue)
South San Francisco, CA
Successor Agency
Resolution: RES 01-2022
File Number: 22-106 Enactment Number: RES 01-2022
RESOLUTION APPROPRIATING $1,660,000
THROUGH BUDGET AMENDMENT NUMBER 22.048
FOR THE ALLOCATION OF FUNDS TO PAY THE
TAXING ENTITIES TO RETAIN CONTROL OF THE
FORMER REDEVELOPMENT AGENCY PROPERTIES
AT 616 AND 700 LINDEN AVENUE FOR THE
PURPOSE OF CONSTRUCTING A PARK.
WHEREAS, the former Redevelopment Agency acquired a property at 616 Linden Avenue in
1997 for $325,000 and a property at 700 Linden Avenue in 1998 for $315,000 ("Properties"); and
WHEREAS, the Properties were transferred to the City in accordance with the Long Range
Property Management Plan ("LRPMP") and California Health and Safety Code section 34191.5
(c)(2)(A)(i) for disposition pursuant to the LRPMP. Under the LRPMP, the Properties designated highest
and best use is housing; and
WHEREAS, the LRPMP does not require that the City develop or dispose of the Properties as
housing, rather, the City can use or develop the Properties for a use that it considers appropriate; and
WHEREAS, the City's Parks and Recreation Master Plan noted that the Downtown area is
underserved based upon increased residential density and cites the need for at least two acres of
additional parkland, stating that, "the City should consider converting under used parking areas or
acquiring property for additional parkland in this area."; and
WHEREAS, the same recommendation is included in the City's General Plan, as well as the
Downtown Station Area Specific Plan, which shows the Properties as parkland. Specifically, the Specific
Plan recommended that it would be desirable to also provide a usable outdoor green space such as a
pocket park or plaza in proximity to the Linden neighborhood; and
WHEREAS, in recognition of the Taxing Entities expectation that the Properties would be
disposed for housing, the City developed the Fair Market Value ("FMV") for such use through an
appraisal developed by Kidder Mathews Land Valuation Services ("Appraiser"); and
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File Number. 22-106 Enactment Number. RES 01-2022
WHEREAS, the Appraiser valued the Properties at $1,660,000 which includes the required
environmental remediation costs associated with development of the Properties as housing as analyzed
in the Phase I and Phase II Environmental Site Assessments; and
WHEREAS, in the past, the City has sought approval of the proposed sales price of properties
subject to the LRPMP by the County of San Mateo Countywide Oversight Board ("Oversight Board"),
which is comprised of representatives from the Taxing Entities and it intends to act consistently with
prior practice with regard to the Properties. Assuming approval is granted by the Oversight Board, the
City funds allocated to retain the Properties for development as parks will be distributed to the Taxing
Entities; and
WHEREAS, the City Council has reviewed and considered the information in the
accompanying staff report and the Appraisal.
NOW, THEREFORE, BE IT RESOLVED, THAT THE CITY COUNCIL OF THE CITY OF
SOUTH SAN FRANCISCO hereby appropriates $1,660,000 through Budget Amendment number
22.048 for the allocation of funds to pay the Taxing Entities to retain control of the former
Redevelopment Agency properties at 616 and 700 Linden Avenue for the purpose of development as a
park.
BE IT FURTHER RESOLVED, that the City Council of the City of South San Francisco
hereby authorizes the City Manager to submit a request to the County of San Mateo Countywide
Oversight Board to approve the disposition value of 616 and 700 Linden Avenue as $1,660,000 and take
such further action as is necessary to distribute the proceeds of the disposition to the Taxing Entities in
accordance with that value and to execute documents necessary to effectuate the retention of the
Properties, subject to approval as to form by the City Attorney.
At a meeting of the Joint Special Meeting City Council and Successor Agency on 2/9/2022, a
motion was made by Boardmember Addiego, seconded by Boardmember Coleman, that this Resolution be
approved. The motion passed.
Yes: 5 Boardmember Addiego, Chair Nagales, Boardmember Coleman, Vice Chair
Nicolas, and Boardmember Flores
Attest by
4xl�-
4sa Govea Acosta, City Clerk
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