TITLE
Recommendation to direct City of Long Beach as the Successor Agency to the Redevelopment Agency of the City of Long Beach staff to seek Oversight Board approval of the transfer of ownership of 1724 West 21st Street, Assessor Parcel Number 7402-016-902, to the City of Long Beach; authorize City Manager and the Director of Development Services to execute any and all documents necessary to complete the transfer upon approval by the Oversight Board and State of California Department of Finance; and accept the Categorical Exemption CE 14-095. (District 7)
DISCUSSION
The Successor Agency to the Redevelopment Agency of the City of Long Beach (Successor Agency) currently owns the property located at 1724 West 2pf Street, Assessor Parcel Number 7402-016-902 (Subject Property) (Exhibit A - Site Map). The Successor Agency acquired the Subject Property in 2005 consistent with the goals of the North Long Beach Strategic Guide for Redevelopment, which identified the North Long Beach Redevelopment Project Area (Area) as lacking in sufficient park and recreational facilities and containing incompatible land uses. The Successor Agency acquired the Subject Property utilizing proceeds from a 2005 bond issuance and provided assistance to the Area by removing a blighted property and incompatible land use, as well as expanding Admiral Kidd Park with 2.5 additional acres of open space.
In compliance with AB1484, the Successor Agency submitted its Long Range Property Management Plan (LRPMP) to the California State Department of Finance (DOF) for review in October 2013. The LRPMP categorizes the Subject Property as a Government Use parcel, as the Subject Property is currently utilized as a public park. Section 34181 (a) and Section 34191.3 of the Health and Safety Code allow for the transfer of properties categorized as Government Use prior to the DOF's approval of the LRPMP. Successor Agency staff would like to proceed with conveying fee title to the Subject Property to the C...
Click here for full text