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Magnolia Substation • Page 2 <br />On May 25, 2021, the City Council adopted Resolution No. 23712 declaring approximately <br />20,320 square feet of City -owned vacant land located at the southeasterly corner of Central <br />Avenue between the northbound exit of the State Route 91 freeway and the AT&SF railway <br />bearing a portion of Assessor's Parcel Number 223-150-009, formerly known as the Magnolia <br />Substation, as "exempt" surplus property. <br />DISCUSSION: <br />Resolution No. 23712 erroneously stated that the Property be declared "exempt" surplus <br />property since it is being transferred to another local agency for that agency's use. This is <br />erroneous because the City is not transferring the Property to another local agency for that <br />agency's use, but is seeking to market and sell the Property, in compliance with all requirements <br />of Assembly Bill 1486 and as set forth in the City Council report dated May 25, 2021, regarding <br />the Property. <br />Resolution No. 23712 needs to be corrected to reflect that the Property is being marketed for <br />sale and is deemed surplus, not "exempt" surplus. <br />FISCAL IMPACT: <br />There is no fiscal impact associated with this item. <br />Prepared by: David Welch, Community & Economic Development Director <br />Certified as to <br />availability of funds: Edward Enriquez, Chief Financial Officer/City Treasurer <br />Approved by: Rafael Guzman, Assistant City Manager <br />Approved as to form: Phaedra A. Norton, City Attorney <br />Attachments: <br />1. Resolution <br />2. May 25, 2021 City Council report <br />G:\Real_Property\Documents\Ward 3\2021\21-3-016-CMStaffreport-Magnolia Substation Reso Amendment.docx <br />