Long Beach, CA
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File #: 14-012SA    Version: 1 Name: 091614-SA-Transfer of ownership, 998 PCH, to the City
Type: SA-Agenda Item Status: Approved
File created: 9/4/2014 In control: As the Successor Agency to the Redevelopment Agency of the City of Long Beach
On agenda: 9/16/2014 Final action: 9/16/2014
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 998 East Pacific Coast Highway, Assessor Parcel Number 7268-003-913, 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 14-091. (District 6)
Attachments: 1. 091614.sa.item8.pdf
Related files: 10-137R, 06-182R, 14-014OB
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 998 East Pacific Coast Highway, Assessor Parcel Number 7268-003-913, 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 14-091. (District 6)

DISCUSSION
The Successor Agency to the Redevelopment Agency of the City of Long Beach (Successor Agency) currently owns the property located at 998 East Pacific Coast Highway, Assessor Parcel Number 7268-003-913 (Subject Property) (Exhibit A - Site Map). The Successor Agency acquired the Subject Property in 2007 consistent with the goals of the Central Long Beach Strategic Guide for Development, which identified the Poly High Redevelopment Project Area (Area) as being in great need of public improvements to facilitate the removal of blight, increase social and recreational opportunities in the community, and assist in creating a safe, more cohesive and economically dynamic neighborhood. The Successor Agency acquired the Subject Property utilizing Poly High bond proceeds and subsequently developed the parcel into passive open space for the Poly High School and surrounding community.

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 woul...

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