Meeting_Body
FINANCE, BUDGET, AUDIT COMMITTEE
OCTOBER 14, 2020
Subject
SUBJECT: SALE OF EXEMPT SURPLUS LAND
Action
ACTION: APPROVE RECOMMENDATIONS
Heading
RECOMMENDATION
Title
CONSIDER declaring that a portion of 13700 Rosecrans Avenue (shown in Attachment A) is not necessary for use by LACMTA and is "exempt surplus land" as defined in Section 54221(f)(1) (C) of the California Surplus Land Act (the "Act") (California Gov. Code Sections 54220-54234).
Issue
ISSUE
LACMTA acquired fee simple interest in 13700 Rosecrans Avenue (the "Subject Property") for the Rosecrans/Marquardt Grade Separation Project (the "Project"). A portion of the Subject Property is not needed for the Project (such portion will be referred to hereinafter as the "Property"). Under Section 54221(b)(1) of the Act, "land shall be declared either "surplus land" or "exempt surplus land", as supported by written findings, before a local agency may take any action to dispose of it consistent with an agency's policies or procedures".
Discussion
DISCUSSION
Exempt Surplus Land - Summary Findings
The Act, as amended in October 2019, provides for the disposition of "surplus land" or "exempt surplus land", as defined in the Act. "Surplus Land" means land owned in fee simple by any local agency for which the local agency's governing body takes formal action in a regular public meeting declaring that the land is surplus and is not necessary for the agency's use. Pursuant to the Act, land may be declared either "surplus land" or "exempt surplus land". As defined in Section 54221(f)(1)(C) of the Act, exempt surplus land includes "surplus land that a local agency is exchanging for another property necessary for the agency's use".
If it is declared "exempt surplus land", the Property will be conveyed to the owner of the contiguous adjacent land ("Adjacent Property") located at 13650 Rosecrans Avenue, Santa Fe Springs, CA, as part of a settlement in connection with the acquisition of re...
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