21-1102_R&H LAND PARTNERS_D1_PowerPointPurchase and Sale Agreement for City-owned Calle Arroyo Property
Item D1
November 2, 2021
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Outreach to Neighboring Properties
•Staff received an informal purchase offer for the Calle Arroyo parcel
from Mr. Socci, the Ortega Cottages owner
•Staff contacted St. Margaret’s and the operator of the Ortega
Equestrian Center to gauge interest in potentially acquiring the
property
•Discussions with St. Margaret’s and the Ortega Equestrian Center
did not mature into a formal purchase offer from either
•Staff recommends accepting the $150,000 purchase offer from Mr.
Socci
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Prior Actions
•In June 2021,pursuant to the Surplus Land Act,the City Council
approved a resolution declaring the Calle Arroyo parcel non-exempt
surplus land and directed staff to issue a Notice of Availability to all
required parties.
•In October 2021,the City Council approved a resolution declaring
the City’s intent to sell the Calle Arroyo parcel to R&H Land Partners
and set this evening’s hearing date for approval of a Purchase and
Sale Agreement.
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Factors to Support Property Sale
•Location, size and allowed uses on the property
•Legal access
•Long-term use of the site
•FEMA regulatory restrictions
•Potential risk and maintenance obligation mitigation
•St. Margaret’s future plans for its adjacent property
•Completion of Surplus Land Act noticing process
•R&H Land Partners contemplated uses on the site
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Recommendation:
•Approve and authorize the City Manager to execute the proposed
Purchase and Sale Agreement for the sale of the City-owned Calle Arroyo
parcel to R&H Land Partners for the above fair market value sale price of
$150,000.
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