Title
Subject: Surplus Real Property-East 17th Street and 42nd Avenue
From: Community and Economic Development Agency
Recommendation: Approve Final Passage (Second Reading) of an Ordinance authorizing the City Manager to enter into an offer to purchase agreement with Elena Delgadillo the adjoining property owner for 2,213 square feet of surplus real property located at East 17th Street and 42nd Avenue in the amount of $2,213.00
Body
WFICE OF H-E CIT f CL ER?,,
CITY OF OAKLAND
Agenda Repor 200" JUN 1 2 Pt I 2: 32
TO: Office of the City Manager
ATTN: Robert C. Bobb
FROM: Community and Economic Development Agency
DATE: June 24, 2003
RE: ORDINANCE AUTHORIZING THE CITY MANAGER TO ENTER INTO
AN OFFER TO PURCHASE AGREEMENT WITH ELENA
DELGADILLO THE ADJOINING PROPERTY OWNER FOR 2,213
SQUARE FEET OF SURPLUS REAL PROPERTY LOCATED AT EAST
17TH STREET AND 42ND AVENUE IN THE AMOUNT OF $2,213.00.
SUMMARY
Ci@ Council approval is requested for the sale of a City-owned surplus property located at East
1 71 Street and 42 Id Avenue to the adjoining property owner at its fair market value. The Real
Estate Division is renewing its efforts to generate additional revenue and reduce the City's
maintenance expenses through the proactive identification and disposal of surplus property. The
City-owned property located at East 17 1h Street and 42 Id Avenue has been declared surplus
property and available for disposal.
Due to a variety of reasons, the City of Oakland (City) has been unable to dispose of this surplus
property. The staff reinitiated discussions with the adjoining property owner, Elena Delgadillo
for the purchase of this City-owned surplus property. A legal description was developed which
determined that the irregular surplus property strip contains 2,2 13 square feet. After further
negotiations, an agreement was reached to purchase the surplus property at its fair market value
of $2,213.
Staff recommends adoption of the Ord...
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