CITY COUNCIL STAFF REPORT
MEETING DATE: FEBRUARY 1, 2017
PREPARED BY: Chris Ghione, Community Services Director
APPROVED BY: City Manager
TITLE
APPROPRIATION OF FUNDS FOR PURCHASE PROPERTY
END
RECOMMENDATION(S)
RECOMMENDATION
Adopt resolution approving an amendment to the City's fiscal year 2016/17 annual budget in the Park Impact Fund (301) to appropriate $1,900,000 to allocate funds for the purchase of property adjacent to the Aquatics Center and Outdoor Sports Center.
BODY
COUNCIL PRIORITIES, GOALS & STRATEGIES:
Ongoing Priorities
Supporting youth
2016 Focus Areas
Developing Our Community
REPORT NARRATIVE:
On June 1, 2016, the City Council authorized the City Manager to enter into a lease and option to purchase ten acres of land adjacent to the Morgan Hill Aquatics Center and Morgan Hill Outdoor Sports Center. The purchase was to be triggered upon the death of the current owner. The current owner of the property unfortunately passed away on December 2, 2016.
Funding for this $2 million property purchase is included in the City's approved Capital Improvement Program for Fiscal Year 2018/19. For the purchase to occur now, the funding must be moved forward in the Capital Improvement Program to Fiscal Year 2016/17.
The Morgan Hill Outdoor Sports Center (OSC) and Morgan Hill Aquatics Centers (AC) are located adjacent to each other on Condit Road. Both facilities are utilized for local and regional sports and recreation events. Large events at both sites support both local economic development and cost recovery at the facilities. However, these large events require significant parking and as both facilities have increased in use, an increased need for parking has been identified. Increasing this parking capacity has been in the Capital Improvement Program for the last two years.
In the course of conducting due diligence for the purchase of the property, a Phase I and Phase II environmental analysis was conducted on the property. These studi...
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