Title
Authorization to Sell City-owned Real Property Near 75th Avenue and Baseline Road to Salt River Project (Ordinance S-49198)
Description
Request to authorize the City Manager, or his designee, to sell City-owned real property to Salt River Project. Further request authorization for the City Treasurer to accept all funds related to this item.
Report
Summary
The land to be sold to Salt River Project (SRP) is an approximate 146,904 square foot site fully encumbered by multi-use easement granted to SRP for access, operation, and maintenance of irrigation facilities supporting the Laveen Area Conveyance Channel (LACC). The land is improved with an SRP holding pond that acts as a water storage facility that collects water from storm runoff and a fenced well station. The easement and SRP improvements significantly limit the utility of the site for any other purpose or development.
SRP will acquire the land for purposes of managing their existing improvements and drilling a new well site. The City will retain the LACC and a 55-foot strip of land along the north side of the property for the future Baseline Road right-of-way (ROW). SRP will have access across the 55-foot strip of land at the current access point until such time the roadway is constructed, and right-of-way is dedicated. The City will also reserve a 30-foot trail easement, along 55-foot strip of right-of-way, for connection to the trail east of this property and any future trails to the west and along the LACC. As a condition of the sale, SRP will remove infrastructure, if any, from the 55-foot strip of land to be retained for future right-of-way and the 30-foot trail easement.
The City and SRP will enter into an agreement for the purchase and sale of City-owned property, containing terms and conditions deemed necessary and appropriate by the City. The land will be conveyed by special warranty deed subject to all existing easements and encumbrances, including reservation of the 30-foot trail easement. The purchase price will be based on the appraised value of the land, and SRP will pay all closing costs.
Financial Impact
Revenue will be reflective of the appraised value.
Location
Along the south side of Baseline Road, approximately 155 feet west of 75th Avenue, identified by Maricopa County assessor parcel number 300-01-006B.
Council District: 7
Department
Responsible Department
This item is submitted by Deputy City Manager Mario Paniagua and the Street Transportation and Finance departments.