Long Beach, CA
File #: 22-1196    Version: 1 Name: ED/FM - PSA for 125 Elm D1
Type: Contract Status: CCIS
File created: 9/22/2022 In control: City Council
On agenda: 10/11/2022 Final action: 10/11/2022
Title: Recommendation to authorize City Manager, or designee, to execute any and all documents necessary, including a Purchase and Sale Agreement and Escrow Instructions (Agreement), with Southern California Edison Company, a California corporation (Seller), for the purchase of certain real property located at 125 Elm Avenue, Assessor Parcel Numbers 7281-018-800, -804, -805, -806, in an amount not to exceed $21,000,000; Increase appropriations in the General Fund Group in the Economic Development Department by $21,000,000, offset by various funding sources; Increase appropriations in the Gas Fund Group in the Energy Resources Department by $12,224,429 offset by budgetary funds available; and Accept the Categorical Exemption CE-22-157. (District 1)
Sponsors: Economic Development, Financial Management
Attachments: 1. 101122-R-20sr&att, 2. 101122-R-20 PowerPoint
TITLE
Recommendation to authorize City Manager, or designee, to execute any and all documents necessary, including a Purchase and Sale Agreement and Escrow Instructions (Agreement), with Southern California Edison Company, a California corporation (Seller), for the purchase of certain real property located at 125 Elm Avenue, Assessor Parcel Numbers 7281-018-800, -804, -805, -806, in an amount not to exceed $21,000,000;

Increase appropriations in the General Fund Group in the Economic Development Department by $21,000,000, offset by various funding sources;

Increase appropriations in the Gas Fund Group in the Energy Resources Department by $12,224,429 offset by budgetary funds available; and

Accept the Categorical Exemption CE-22-157. (District 1)

DISCUSSION
In recent years, the City of Long Beach (City) has made concerted efforts to inventory facility and infrastructure needs to effectively deliver City services. Further, the City consistently reviews City Departments’ leases on privately-owned properties to evaluate opportunities to consolidate operations or relocate into a City facility to reduce additional expenditures created by rental payments.

Since 2001, the Long Beach Police Department (LBPD) has leased warehouse space at 1400 Canal Avenue for its crime lab and a portion of its property detail functions. The current lease is set to expire April 30, 2026. Staff from the LBPD and Economic Development Department have been reviewing long-term options for the crime lab as the current space has become inadequate and significant investment would be required to upgrade a privately-owned facility to accommodate the needs appropriately.

In addition to LBPD’s facility needs, additional City Departments have been looking for potential solutions to acquire much-needed office space as well as options to repair or replace City facilities requiring significant upgrades and replanning to effectively continue to offer services to the community. The Energy Res...

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