File #: 24-1802    Version: Name:
Type: Agreement Status: Agenda Ready
File created: 10/30/2024 In control: City Council
On agenda: 11/12/2024 Final action:
Title: Request City Council to Consider and Approve a Purchase and Sale Agreement between the City of Rialto and Oscar and Blanca Esparza for the property located at 130 South Willow Avenue (APN # 0130-211-30 and 0130-211-36) and adopt Budget Resolution No. 8306. (ACTION)
Attachments: 1. Exhibit A - Property Site Map pdf.pdf, 2. Exhibit B - Planning Commission - Resolution No. 2024-XX.pdf, 3. Exhibit C - Appraisal Report.pdf, 4. Exhibit D - Purchase and Sale Agreement and Escrow Instructions..pdf, 5. Exhibit E - Budget Resolution.pdf
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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For City Council Meeting November 12, 2024
TO: Honorable Mayor and City Council
FROM: G. Michael Milhiser, Interim City Manager
AUTHOR: Colby Cataldi, Director of Community Development

Title
Request City Council to Consider and Approve a Purchase and Sale Agreement between the City of Rialto and Oscar and Blanca Esparza for the property located at 130 South Willow Avenue (APN # 0130-211-30 and 0130-211-36) and adopt Budget Resolution No. 8306.
(ACTION)
Body
RECOMMENDATION
Staff recommends that the City Council:

1. Approve the Purchase and Sale Agreement between the City and Oscar and Blanca Esparza and use of General Funds for the acquisition of 130 South Willow Avenue in the amount of $775,000, plus related closing costs not to exceed $25,000;

2. Authorize the City Manager to execute the Agreement, including non-substantiative modifications, amendments and/or other pertinent documents necessary to effectuate and/or implement the Agreement on behalf of the City;

3. Determine the Project is exempt pursuant to Section 15061 (b) (3) (General Rule Exemption), of the California Environmental Quality Act for an administrative action; and

4. Adopt the attached Budget Resolution.

BACKGROUND
On June 12, 2024, Oscar and Blanca Esparza sent the City a letter of interest to the City of Rialto (the "City") to see if the City would be interested in acquiring the property located at 130 South Willow Avenue (the "Property"). The Property is improved with a two-story building containing approximately 6,900 square feet and approximately 26,000 square feet of asphalt. The remainder of the site is improved with front and side yard landscaping and signage with minor ancillary improvements. The building was built in 1950 and was extensively damaged by fire and currently remains in a red-tagged, non-occupiable condition. Per the County Assessor's mapping services, the Assessor Parcel Numbers are 0130-211-30 and 0130-211-36. Combined, the parcels size is approximately 0.75 acre...

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