MEETING DATE:
SEPTEMBER 24, 2024
SUBJECT:
Title
RESOLUTION NO. 2024-9358 -AUTHORIZING THE CITY MANAGER TO COMPLETE NEGOTIATIONS, FINALIZE, AND EXECUTE ALL DOCUMENTS RELATED TO A PURCHASE AND SALE AGREEMENT NECESSARY FOR THE ACQUISITION OF REAL PROPERTY AT 0 ARMORLITE DR, SAN MARCOS, CA (ASSESSOR'S PARCEL NUMBER 219-163-60-00, KARL STRAUSS PROPERTY) FOR THE DEVELOPMENT OF A FUTURE FIRE STATION, AND AMENDING THE FISCAL YEAR 2024-25 CAPITAL IMPROVEMENT PROGRAM BUDGET TO APPROPRIATE FUNDS RELATED TO THE PURCHASE
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Recommendation
Recommendation
1. ADOPT a resolution authorizing the City Manager to negotiate, finalize, and execute a purchase and sale agreement and all related documents necessary for the acquisition of real property located at 0 Armorlite Dr APN 219-163-60-00 for the construction of a future Fire Station.
2. AMEND the Fiscal Year 2024-25 Capital Improvement Program Budget to appropriate $4.1M to finance the purchase of the property.
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Board or Commission Action
Not Applicable
Relevant Council Strategic Theme
Economic Development
Planning for the Future
Relevant Department Goal
Continuing to Maintain Fiscal and Financial Health of the City
Introduction
At the December 12, 2023 City Council workshop, the City council received the results of the updated 2022 Standards of Cover ("SOC") study. As a result of the meeting, the City Council directed staff to begin the process of exploring options for a fifth fire station location within the City. Previously, a fire station feasibility project was also budgeted in the City's capital improvement budget as FC013 for the purposes of identifying optimal locations for a fifth fire station in-line with the recommendations of the SOC study. Associated Microbreweries LTD (DBA Karl Strauss brewers) ("seller"), is in the process of disposing of a parcel in the area and agreed to negotiate with the City for a purchase of the parcel identified as APN 219-163-60-00. At this time, the City and seller ...
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