TITLE
Recommendation to adopt resolution declaring The Long Beach Community Investment Company owned property located at 4151 East Fountain Street (APN 7253-026-029) as "exempt surplus land" as defined in Government Code Section 54221(f)(1)(A) and/or 54221(f)(1)(F), and authorize City Manager, or designee, to take any actions and execute any documents necessary to ensure compliance with the Surplus Land Act and State regulations relating thereto. (District 3)
DISCUSSION
The City of Long Beach’s (City) wholly-owned non-profit public benefit organization, The Long Beach Community Investment Company (LBCIC), is currently fee owner of the property located at 4151 E. Fountain Street, APN 7253-026-029 (Subject Property) (Attachment A). The Subject Property is 61,977 square feet in size and is improved with a 16,485 square foot single-story assisted living facility containing fifteen shared rooms and has been vacant since 2015. The LBCIC purchased the property in 2017 for future development of service enriched affordable housing.
The California Surplus Land Act (SLA), as codified in Government Code Section 54220 et seq., requires all agencies to prioritize affordable housing as well as parks and open space when disposing of surplus land. Surplus land is land owned by a local agency that is determined to be no longer necessary for the agency's use. Recent changes to the SLA, through Assembly Bill 2135 (AB 2135), (i) revises procedures for disposition by sale or lease of surplus land by local agencies, (ii) extends the good faith negotiation period with potential affordable housing developers to ninety (90) days, (iii) deepens affordability requirements where an affordable housing project is developed on the site, and (iv) adds a requirement that if negotiations with an affordable housing developer are unsuccessful, then any residential development on the surplus land over ten units must make at least 15 percent of the units affordable. Further, AB 2135 no longer a...
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