08-27-2018 BPU RPT 10 - Laserfiche WebLink

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W A T F R E N E R G Y L RIVERSIDE PUBLIC UTILITIES .�W& Board Memorandum P U B L I C U T I L I T I E S BOARD OF PUBLIC UTILITIES DATE: AUGUST 27, 2018 ITEM NO: 10 SUBJECT: PROPERTY CONVEYANCE AGREEMENT WITH GUTHRIE PERICLES, LLC FOR THE SALE OF A 6,194 SQUARE FOOT PORTION OF THE GAGE CANAL RESERVING WATER RIGHTS AS WELL AS AN EASEMENT FOR WATERLINE AND CANAL FACILITIES LOCATED ON MARLBOROUGH AVENUE IN THE AMOUNT OF $1,000 AND ACCEPTANCE OF A GRANT OF EASEMENT FROM GUTHRIE PERICLES, LLC FOR A PUBLIC STREET TO FACILITATE CONSTRUCTION OF A CUL-DE-SAC ISSUE: Recommend that the City Council approve the Property Conveyance Agreement with Guthrie Pericles, LLC for the sale of a 6,194 square foot portion of the Gage Canal reserving all water rights as well an easement for waterline and canal facilities located on Marlborough Avenue, bearing Assessor's Parcel Number 257-060-015, in the amount of $1,000 and acceptance of a Grant of Easement from Guthrie Pericles, LLC for a public streets to facilitate construction of a cul-de-sac. RECOMMENDATIONS: That the Board of Public Utilities recommend that the City Council: 1. Approve the Property Conveyance Agreement with Guthrie Pericles, LLC for the sale of a 6,194 square foot portion of the Gage Canal reserving all water rights as well an easement for waterline and canal facilities located on Marlborough Avenue, bearing Assessor's Parcel Number 257-060- 015, in the amount of $1,000; 2. Authorize acceptance of a Grant of Easement from Guthrie Pericles, LLC to the City conveying a public street and highway easement for public right-of-way; and 3. Authorize the City Manager, or his designee, to execute the Property Conveyance Agreement, including making minor non -substantive changes, and to sign all documents necessary to complete the transaction. BACKGROUND: In 1999, Parcel Map No. 29161 was recorded depicting an 11 parcel subdivision at the southwest corner of Columbia and Michigan Avenues. The Parcel Map was conditioned to dedicate right-of-way for the termination of Marlborough Avenue, east of the Gage Canal. The right-of-way dedication was planned to provide access to the parcel at the terminus of Marlborough Avenue; however, the cul-de-sac was never constructed. On June 26, 2018, the City Council upheld the decision of the Development Review Committee and approved Planning Case P17-0506 (Design Review), P17-0507 (Grading Exception), P17-0748 (Grading Exception), and P17-0749 (Variance) to facilitate development of the property east of the Marlborough Avenue terminus with a 346,290 square foot industrial warehouse building. Page 232