Meeting_Body
FINANCE, BUDGET AND AUDIT COMMITTEE
FEBRUARY 17, 2021
Subject
SUBJECT: SALE OF EXEMPT SURPLUS LAND
Action
ACTION: APPROVE RECOMMENDATION
Heading
RECOMMENDATION
Title
DECLARE that portions of 13848 Rosecrans Avenue (RM-27) and 13900 Rosecrans Avenue (RM-28) are not necessary for use by LACMTA and are "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 13848 and 13900 Rosecrans Avenue ("Subject Property") for the Rosecrans/Marquardt Grade Separation Project (the "Project"). A portion of the Subject Property (shown in Attachment A) is not needed for the Project (such portion will be referred to hereinafter as the "Surplus 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 Surplus Property will be conveyed to the owner (the "Owner") of the adjacent land ("Adjacent Property") located at 13861 Rosecrans Avenue, Santa Fe Springs, CA, as par...
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