HomeMy Public PortalAbout09 September 12, 2005 Property73553
ReCOCcLO
• RIVERSIDE COUNTY TRANSPORTATION COMM/SS/ON
PROPERTY COMMITTEE
(Chair Robin Lowe, Commissioners Frank Hall; Ameal Moore, John Tavaglione, Roy Wilson)
11:00 a.m.
Monday, September 12, 2005
Riverside County Transportation Commission
Conference Room "A"
4080 Lemon Street, 3`d Floor, Riverside
AGENDA
1. CALL TO ORDER
2. PUBLIC COMMENTS
3. PROPOSED SURPLUS REAL PROPERTY POLICY
Overview
This item is for the Committee to:
1) Approve the proposed Surplus Real Property Policy; and,
2) Forward to the Commission for final action.
4. PROPERTY TRADE FOR CITY OF RIVERSIDE MULTI -MODAL CENTER
Overview
This item is for the Committee to:
1) Approve the trade of Assessor Parcel Numbers (APN)-215-350-018
and 215-341-004 for approximately 6,500 square feet of the City of
Riverside's well site on Vine Street (APN 215-341-007) contingent
upon the opening of the East Side Metrolink parking lot on. Commerce
Street and the City funding of the costs of identification and
remediation of contaminants on APN 215-231-007, if any; and,
2) Forward to the Commission for final action.
11.36.9
5. CLOSED SESSION
A. CONFERENCE WITH REAL PROPERTY NEGOTIATOR
Pursuant to Government Code Section 54956.8
Negotiating Parties: RCTC — Executive Director or Designee
Property Owners — See List of Property Owners
Item
APN
Property Owner(s)
Under Negotiation
1
135-220-021
135-220-023
1357220-025
135-220-027
Arnel Development Company
First Industrial Realty Trust, Inc.
(Grubb & Ellis)
Low & Archibald Real Estate
Group, Inc
Ridge Property Trust
South Coast Communities, LLC
Turner Development Corporation
Price and Terms
2
263-080-010
263-080-01 1
263-091-01 1
263-100-010
263-070-004
John C. Croul
Georgetown Properties, Inc
Price and Terms
3
581-090-006
OdegaardlMaerten
Price and Terms
4
932-220-025
Duncan Hare (Clark)
Price and Terms
B. CONFERENCE WITH LEGAL COUNSEL: EXISTING LITIGATION
PURSUANT TO SECTION 54956.9(a)
Case Numbers RIC 393367 and 393352
6. ADJOURNMENT
The next meeting ,is scheduled to be held on Monday, October 10, 2005, at
1 1:00 a.m. If there are no agenda items, the meeting will be cancelled.
AGENDA ITEM 3
i
RIVERS/DE COUNTY TRANSPORTATION COMMISSION
DATE:
September 12, 2005
TO:
Property Committee
FROM:
Stephanie Wiggins, Rail Department Manager
THROUGH:
Anne Mayer, Division Head, Programming and Administration
SUBJECT:
Surplus Real Property Policy
STAFF RECOMMENDATION:
This item is for the Committee to:
1) . Approve the Surplus Real Property Policy; and
2) Forward to the Commission for final action.
BACKGROUND INFORMATION:
Since 1990, the .Commission has acquired property assets in the course of rail and
highway project implementation. To date, the properties number over 625 parcels.
Upon project completion, properties are reassessed and are deemed surplus when it
has been determined that the continued retention of the property no longer
'supports the Commission's policy goals and objectives:
Over the past few years, only a handful of properties have been sold by the
Commission. However, staff anticipates a greater need to surplus and sale
properties over the next few years. The Surplus Real Property Policy establishes
uniform guidelines related to the disposition and sale of excess land. Even though
the bulk of the sales will be for fee -owned parcels, the Policy can be used as
guidance for the sale of land rights, e.g., quitclaim of easements in property owned
by RCTC. The Surplus Real Property Policy seeks to:
• Conform with Federal and State regulations regarding the disposition of
property;
• Maximize the financial return to RCTC from property sales;
• Establish a uniform criteria for evaluation of offers which includes:
1) highest price;
2) applicant's demonstration of financial and technical capability to
purchase the property; and
3) conformance to RCTC Purchase and Sales terms.
• Retain RCTC's right to reject all offers; and
" P r o h i b i t R C T C r e p r e s e n t a t i v e s , e m p l o y e e s , c o n s u l t a n t s , a g e n t s a n d t h e i r
f a m i l y m e m b e r s f r o m p r o f i t i n g f r o m a n y s a l e o f R C T C p r o p e r t y , e i t h e r
d i r e c t l y , o r i n d i r e c t l y , f r o m : t h e t i m e R C T C a d v e r t i s e s a n y p r o p e r t y f o r s a l e
t o t w o y e a r s a f t e r t h e t r a n s f e r o f a n y s u c h p r o p e r t y b y R C T C t o a t h i r d
p a r t y .
P o l i c y I s s u e : C o n s i d e r a t i o n o f P r o p o s e d L a n d U s e i n E v a l u a t i o n o f O f f e r s
T h e c u r r e n t R e q u e s t f o r O f f e r s f o r t h e P i e r c e a n d O l d 1 - 2 1 5 p r o p e r t i e s - i n c l u d e s
p r o p o s e d p r o p e r t y u s e / d e v e l o p m e n t c a p a b i l i t y a s a n e v a l u a t i o n c r i t e r i o n . H o w e v e r ,
t h e e l i m i n a t i o n o f t h i s c r i t e r i o n i n e v a l u a t i n g t h e o f f e r s w o u l d n o t c h a n g e t h e
r e c o m m e n d e d r a n k i n g . A d d i t i o n a l l y , a t i t s m e e t i n g l a s t J u n e , C o m m i s s i o n e r s r a i s e d
c o n c e r n s r e g a r d i n g t h e C o m m i s s i o n '