11-10-2015 CC RPT 16 - Laserfiche WebLink

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CITY OF 1ZIVERSIDE City of Arts & Innovation TO: City Council Memorandum HONORABLE MAYOR AND CITY COUNCIL DATE: NOVEMBER 10, 2015 FROM: COMMUNITY & ECONOMIC DEVELOPMENT WARD: 4 DEPARTMENT SUBJECT: TRANSFER OF CITY OWNED 10 ACRES OF VACANT LAND IDENTIFIED AS ASSESSOR PARCEL NUMBER 294 - 100 -004 TO MARCH JOINT POWERS AUTHORITY ISSUE: The issue for City Council consideration is approval of the transfer of Assessor's Parcel Number (APN) 294 - 100 -004 containing approximately 10 acres of vacant City owned land located near the intersection of Barton Street and Van Buren Boulevard to the March Joint Powers Authority. RECOMMENDATIONS: That the City Council: 1. Approve the transfer of APN 294 - 100 -004 containing approximately 10 acres of vacant City owned land to the March Joint Powers Authority; and 2. Authorize the City Manager or his designee to execute the Quitclaim Deed, including making minor non - substantive changes, to complete the transaction. BACKGROUND: On October 18, 2005, the City Council approved the Public Safety Facilities Master Plan which included a proposed 12,000 square foot joint Police Facility and Police and Fire Communications Dispatch Center (Police and Fire Facility) to be located on land controlled by the March Joint Powers Authority (March JPA). The 10 -acre site (Property— Attachment 1) was dedicated to March JPA by LNR Riverside, LLC in 2005, in accordance with the development agreement for the Meridian Business Park project located near the intersection of Barton Street and Van Buren Boulevard. On November 1, 2005, the City Council approved the attached Memorandum of Understanding (MOU — Attachment 2) between the City of Riverside and March JPA for the transfer of the property from the Meridian Business Park project to the City for the development of the Police and Fire Facility. The Property was granted to the City on October 10, 2005 and as required by the MOU, the City was to determine if the Property was suitable for the intended use as a Police and Fire Facility by October 2008. The City did not compensate March JPA for the Property since it was required to be dedicated to the City as a result of the development agreement between March JPA and LNR Riverside, LLC for