REPORT TO COUNCIL
SUBJECT
Title
Adopt a Resolution Declaring City-Owned Residential Properties and Vacant Lots on Charles and Mathilda Avenue as Surplus Property and Authorizing for Sale the Subject Properties in Compliance with Government Code Section 54222
Report
BACKGROUND
The City owns six residential parcels in the downtown area located in "Block 15" of the Downtown Specific Plan (DSP). Block 15 is bounded by Iowa, Charles, McKinley and Mathilda Avenues. Attachment 1 is an aerial map of Block 15 and outlines parcels owned by the City. The six parcels are made up of three single-family homes located on Charles Avenue, and one duplex and two vacant parcels fronting Mathilda Avenue. Most of the homes are over 55 years old and are generally in fair condition.
In June 2013, a study session was held to provide the City Council with an overview of City-owned properties and those with potential for reuse. The Block 15 City-owned parcels were discussed and Council expressed interest in pursuing redevelopment of this area as planned.
Property locations and descriptions are as follows:
ADDRESS
DESCRIPTION
LOT SIZE
TYPE
344 Charles Avenue
2Bedroom/1Bath
6,250
Single family home
388 Charles Avenue
2Bedroom/1Bath
6,500
Single family home
406 Charles Avenue
3Bedroom/1Bath
6,500
Single family home
365 Mathilda Avenue
Unimproved Lot
5,000
Vacant lot
377/379 Mathilda Avenue
2 Bedroom/1Bath
5,000
Duplex
407 Mathilda Avenue
Unimproved Lot
3,200
Excess roadway
Over several years the City purchased these properties to help assemble land to facilitate redevelopment of low density commercial and residential uses to higher density multi-family/commercial mixed use, as envisioned in the DSP for this area. The subject properties were purchased by the General Fund for a purchase price totaling $1.4 million for all properties with the last parcel being acquired in the late 1990s. In June 2006, the property located at 388 Charles Avenue was sold to the City's Ho...
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