Item Coversheet

Meeting Date: November 18, 2019
Agenda Item:
3.1
Created By:  M. Tiernan

Approval of Property Exchange for Ashland Common [RESOLUTION NO. R-1920-15]
Executive Summary:
The Board of Directors will consider approval of a property exchange with Alameda County related to the Ashland Common project.
Financial Impact:
The Three-Year Capital Improvement Program 2017-2020 includes $250,000 for the Ashland Common project (CIP No. 6-219). The District will be responsible for half of the escrow costs to complete the property exchange.  There are sufficient funds in the project budget to cover those costs. 
Staff Recommendation:

By motion:

  1. Adopt the Resolution for the property exchange with Alameda County; and
  2. Authorize the General Manager to execute the property exchange agreement with Alameda County; and 
  3. Approve the amended Cherryland Community Center Memorandum of Understanding and Facilities Lease.
Description of Item:

The District desires to conduct a property exchange with Alameda County related to the Ashland Common project.  The District owns the property at 17482 Boston Road in unincorporated Alameda County (APN: 413-35-14-3) which is part of the site of the new Cherryland Community Center currently under construction. Alameda County owns the adjacent property at 278 Hampton Road, and the District-owned and County-owned parcels create the entire site for the community center.

 

The County also owns the property at 16640 E. 14th Street (APN: 80-78-26-14) in unincorporated San Leandro ("Ashland District") of Alameda County. The District desires to build a new neighborhood public park at 16640 E. 14th Street and would like to exchange the 17482 Boston Road property with the County for this site. This property exchange benefits both parties because the County would then own both parcels that host the new Cherryland Community Center and the District would own the Ashland site for the development of a new public park. 

 

While the two properties are not equal in size they are of similar value. The District purchased the 0.24-acre Boston Road property for $660,000 in 2013.  The County commissioned a real estate appraisal of the 16640 E. 14th Street which valued that property at $670,000. The Property Exchange Agreement is attached as Exhibit A.

 

The change in ownership of the Boston Road property necessitates the revision of the Cherryland Community Center Memorandum of Understanding (MOU) and Facilities Lease between the District and Alameda County to reflect the new ground ownership.  Those amended agreements are attached as Exhibit B - Cherryland Community Center MOU and Exhibit C - Facilities Lease.

ATTACHMENTS:
DescriptionUpload DateType
Approval of Property Exchange for Ashland Common [RESOLUTION NO. R-1920-15]11/18/2019Cover Memo
Resolution11/7/2019Resolution Letter
Exhibit A - Property Exchange Agreement11/7/2019Exhibit
Exhibit B- Revised MOU11/7/2019Exhibit
Exhibit C - Revised Facilities Lease11/7/2019Exhibit