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HomeMy WebLinkAbout4.05 SaleRmntPrclsOnDB ExtCITY OF DUBLIN AGENDA STATEMENT City Council Meeting Date: May 23, 1994 SUBJECT: Sale of Remnant Parcels on Dublin Boulevard Extension Report by: Public Works Director Lee Thompson EXHIBITS ATTACHED: Plans of two subject parcels RECO NDATION: ~. Receive report for informational purposes. FINANCIAL STATEMENT: Revenue received from sale will be based on the high bid price from the public. Area of the parcels is 22,280 square feet. DESCRIPTION: Two small parcels of land are left over as excess property from the purchase of right-of-way for the Dublin Boulevard Extension project between Dougherty Road and the Southern Pacific Railroad Right-of-Way. These parcels were previously part of the Valley Boat House property and the Curtiss Dodge property. The City has sold an access easement over a corner of the westerly parcel to allow the adjacent property owner to the west to have driveway access onto Dublin Boulevard, consistent with the use permit for the adjacent property. The easement was sold at $8.50 per square foot (50% of the estimated $17.00-per-square-foot value of the property). The two parcels were offered to the two adjacent property owners, per the City's ordinance relating to sale of public property, with a minimum bid of $17.00 per square foot, less the value of the easement. Both of the adjacent property owners declined to bid on the parcels. The next step will be to offer these parcels to the public according to the adopted bid process. This process is expected to take approximately four to six weeks. a:(dbx) l rwlagstsale ITEM NO. COPIES TO: 4 D:I*OI C' .___Fo DEED ACCOM PA~r