Title
A Resolution Amending City Council Resolution 84-17 Adjusting the Size and Value of Real Property for Expansion of the Corral Bluffs Open Space
Presenter:
Karen Palus, Director of Parks, Recreation and Cultural Services
Britt Haley, Parks Design and Development Manager
Body
Summary:
On July 25, 2017, City Council authorized the acquisition of approximately 85.61 acres of real property ("Property") for the expansion of the Corral Bluffs Open Space through the Trails, Open Space and Parks (TOPS) program as evidenced by Resolution No. 84-17. The TOPS program imposes a voter approved sales tax. The TOPS Working Committee is responsible for setting priorities and making recommendations for the expenditures of TOPS funds. The TOPS Working Committee had identified the Property as having open space values that merit preservation. City staff worked with the Trust for Public Land ("TPL"), a national, nonprofit, land conservation organization that conserves land for people to enjoy as parks and open spaces to acquire this property. TPL secured ownership of the Property with the intent to subsequently sell the Property to the City for open space purposes. During the acquisition process, an updated survey of the Property revealed that the Property was more accurately 80.688 acres. Because the Resolution No. 84-17 identified the Property as being 85.61 acres and that acreage has been reduced to 80.688 acres as a result of the routine due diligence work conducted as part of the acquisition process, staff requests that City Council adopt an updated Resolution correctly identifying the final acreage and purchase price of the Property.
Previous Council Action:
On July 25, 2017, City Council adopted a Resolution authorizing acquisition of 85.61 acres of real property for the expansion of the Corral Bluffs Open Space.
Background:
A prior survey concluded the acreage of the Property was approximately 85.61 acres. The Property lies along the western...
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