FOR: Economic Development Committee April 28, 2021
TO: Honorable Economic Development Committee Members
FROM: Sean Grayson, Acting City Manager
Alex Hamilton, Interim Community Development Director
Title
Long Range Property Management Plan Status Update
Body
BACKGROUND:
Per Health and Safety Code Section 34179(j), the RDA oversight boards in the County consolidated into one Countywide Oversight Board on July 1, 2018. The Board is responsible for overseeing and approving RDA Successor Agency wind down actions. This includes the transfer, sale, or final disposition of Agency/SA/City property identified in the Long-Range Property Management Plan. Final disposition of these assets needs to occur by the end of calendar year 2021.
ANALYSIS/DISCUSSION:
Attached to this report are two spreadsheets identifying Agency/SA/City owned property that staff will need concurrence from the EDC and SA/Council relating to final status. For purposes of discussion and review, the spreadsheet entitled Rialto-SA Conveyance Summary Report dated April 2021 will be reviewed with EDC at this meeting. The document identifies those properties that staff needs immediate direction on. Many of these properties are set to be retained for final disposition pursuant to a contractual commitment, to be acquired by the City, sold, or retained for City use.
The Second Spreadsheet is a Property Management Plan conveyance summary which reflects properties in the Long-Range Property Management Plan or those that have been conveyed already i.e. transferred to the City. This spreadsheet is provided for information only and staff intends to more fully review the items in this document with the EDC at a future date.
RECOMMENDATION:
It is recommended that EDC review and provide concurrence on the disposition/status of items identified in the Summary Report dated April 2021.