Title
Amend Ordinance S-47841 for Authorization to Sell City-Owned Property Located at 3112 E. Palo Verde Dr. (Ordinance S-48687)
Description
Request the City Council amend Ordinance S-47841 for authorization to sell City-owned property located at 3112 E. Palo Verde Dr. by direct sale.
Report
Summary
Ordinance S-47841 authorized disposal of approximately 0.73 acres of City-owned excess land located at 3112 E. Palo Verde Dr. via sealed bid solicitation. Approximately 90 percent of the City-owned property is adjacent to one property to the west, also known as 3122 E. Palo Verde Dr., and is improved with a driveway accessing this adjacent property. This adjacent property is the only viable property for assemblage based on configuration, access and utility.
As a condition of the sale, a slope easement for drainage on the east portion of the City-owned excess land will be retained. The property will be sold based on appraised value with the buyer responsible for all closing costs. All other conditions and stipulations previously stated in the above referenced ordinance will remain the same.
Financial Impact
Revenue will be reflective of the appraised value.
Concurrence/Previous Council Action
The City Council approved Authorization to Dispose City-Owned Property (Ordinance S-47841) on Aug. 25, 2015.
The Land Use and Livability Subcommittee recommended approval of this item on May 19, 2021, by a vote of 2-0.
Location
3112 E. Palo Verde Dr.
Council District: 6
Department
Responsible Department
This item is submitted by City Manager Jeffrey Barton, Deputy City Manager Mario Paniagua and the Street Transportation and Finance departments.