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HomeMy WebLinkAbout30-City Administrator CITY OF SANBERORDINO - REQUEST ()OR COUNCIL ACTION From: Shauna Clark, City Administrator Subject: AB 538 -- enabling the sale of the Patton property. Dept: Administration Date: August 28, 1991 Synopsis of Previous Council action: NONE. Recommended motion: That the Mayor and Common Council support AB 538 enabling the sale of the Patton property. aIAv~~ /' Signature Contact person: Shauna Clark Phone: 5122 Supporting data attached: Yes Ward: FUNDING REQUIREMENTS: Amount: Source: (Acct. No.! (Acct. DescriDtionl Finance: Council Notes: Agenda Item No 30 CITY OF SAN BEAt>ARDINO - REQUES,oOR COUNCIL ACTION STAFF REPORT Assemblyman Jerry Eaves has introduced a bill which would enable the city of San Bernardino to sell surplus Patton Park land. At least one member of the Council has expressed opposition to the bill and has asked Assemblyman Eaves to withdraw. The Mayor requested that this matter be taken before the full Council for a vote. The entire Patton property consists of 80 acres. Twenty- three acres have been developed into Speicher Park. Due to its proximity to a freeway offramp, the remaining 57 acres have great commercial potential. At a conservative price of $5.00 per square foot, the City could realize $12,414,000 from the sale. In addition, the commercial development of the property would result in increased sales tax revenue. Adoption of the bill does not require the sale of 'the property; it merely gives the City another option. 75-0264