TITLE
Recommendation to declare ordinance to approve, confirm, and ratify Ordinance No. HD-1969 of the Board of Harbor Commissioners of the City of Long Beach, which authorizes the execution by the Executive Director of the Long Beach Harbor Department of a Grant Deed between the City of Long Beach, the City of Los Angeles, and Valero Refining Company-California, read and adopted as read. (Districts 1,2)
DISCUSSION
Valero Refining Company-California (Valero) owns and operates an oil refinery on property adjacent to the Alameda Corridor within the City of Los Angeles. Valero desires to obtain title to a parcel of unimproved land owned by the City of Long Beach and the City of Los Angeles ("Cities"), adjacent to the Alameda Corridor, totaling approximately 2,675 square feet, in order to construct a retaining wall and drainage system. ACTA constructed a slope on the property in connection with construction of the Alameda Corridor. The slope eroded, so ACTA initiated negotiations to sell Valero the excess jointly-owned property in exchange for Valero constructing the retaining wall and drainage system on the property.
The retaining wall and drainage system will benefit the Cities and ACTA by preventing erosion and controlling the flow of storm water runoff from Valero's property, which could undermine the rail facilities. The subject property was acquired jointly by the Cities in 1994 as part of the right-of-way acquisition for the Alameda Corridor. It has been determined that the subject property is not necessary for use by the Cities, or for the operation of the Alameda Corridor. Under the Charter, City Council approval is required for any conveyance of property owned by the City.
This matter was reviewed by Principal Deputy City Attorney Dominic Holzhaus on October 12, 2006.
TIMING CONSIDERATIONS
City Council action on this matter is not time critical, however all parties to the agreement desire to resolve this matter in a timely manner.
FISCAL IMPACT
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