Title:
Title
Agreement for Purchase of Real Property: Portion of Caltrans Interstate 5 Right-of-Way for Access to Sacramento Valley Station
End
FileID
File ID: 2019-01182
Location
Location: Unimproved parcel north of I Street at 3rd Street, bounded by I Street on the South, Southbound ramp to Interstate 5 on the North, Caltrans rights-of-way below Interstate 5 on the West, District 3
Recommendation:
Recommendation
Adopt a Resolution: 1) authorizing the City Manager or the City Manager's designee to execute a Purchase and Sale Agreement, and any related documents, for the City's acquisition of a portion of real property (Subject Property) north of I Street at 3rd Street owned by the State of California, Department of Transportation, in the amount of $75,200 (New Measure A Specific Project Fund, Fund 2023) as part of the Intermodal Transportation Facility Project (T15029000); and 2) finding that the acquisition of the Subject Property serves a public purpose and will be used only for a public purpose.
Contact: Gregory Taylor, Supervising Architect, (916) 808-5268; Ken Hancock, Real Property Agent, Facilities and Real Property Division, (916) 808-5752, Department of Public Works
Body
Presenter: None.
Attachments:
1-Description/Analysis
2-Resolution
3-Purchase & Sale Agreement
Description/Analysis
Issue Detail: The unimproved real property proposed to be acquired (Subject Property) from the State of California Department of Transportation (Caltrans) is bounded by I Street to the south, Interstate 5 to the west and the Interstate 5 southbound onramp to the north and east and measures approximately 0.35 acre (15,246 square feet). Real Estate Services staff proposes acquisition of the Subject Property so that it can serve as a continuation of the 3rd Street right-of-way which currently terminates at the northern boundary of I Street. The extension of the 3rd Street right-of-way will provide a future point of ingress to and egress from the Sacramento...
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