TITLE
Recommendation to authorize City Manager to execute any and all documents necessary for the conveyance of the property described in Exhibit "A" to the City of Long Beach from the Redevelopment Agency of the City of Long Beach for the purpose of constructing roadway improvements to Cherry Avenue between 19th Street and Pacific Coast Highway. (District 4)
DISCUSSION
In August 2009, the Long Beach Redevelopment Agency (Agency) entered into a Memorandum of Understanding (MOU) with the City of Signal Hill to construct street improvements on Cherry Avenue between 19th Street and Pacific Coast Highway (PCH) in the City of Long Beach.
The City of Signal Hill received $6 million in grant funding from the Metropolitan Transportation Authority and the Federal Highway Administration to eliminate the traffic queuing in the southbound lanes on Cherry Avenue.
The Cherry Avenue Widening Project (Project) will provide for two southbound and two northbound through-lanes on Cherry Avenue at PCH, with the addition of a right-turn lane for the southbound approach, and dedicated left-turn lanes for both northbound and southbound approaches. A continuous two-way, left-turn lane will be provided between the intersections for access to existing businesses. Right-of-way acquisition will be required primarily along the west line of Cherry Avenue with a few minor acquisitions along the east line. On-street parking on Cherry Avenue south of PCH will be removed by the proposed improvements.
On March 7, 2011, the Agency authorized the Executive Director to execute any and all documents necessary for the conveyance of the assets to the City of Long Beach (City) from the Agency. Several properties within the Project's boundaries have recently closed escrow, or are pending to close escrow in the near future, and therefore, staff is requesting the transfer of these Agency-owned properties to the City in an effort to continue the Project (Exhibit "A").
Transferring these properties...
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