Recommendation to declare the City-owned property located at 1675 Santa Fe Avenue, Assessor Parcel Number 7432-006-914 as surplus; authorize City Manager, or designee, to execute any and all documents necessary, including a Purchase and Sale Agreement, with Woodcliff Corporation, a California corporation, or Assignee, for the sale of the Subject Property in the amount of $1,200,000; and, accept Categorical Exemption CE 17-168.  (District 1)
What a fantastic conclusion of public comment. Thank you so much, Zoe. So at this point, we'll move forward. We have item number 16. Madam Clerk, would you please read. A report from Economic and Property Development recommendation to declare the city owned property located at 1675 Santa Fe Avenue as surplus and execute any and all documents necessary with Wood Cliff Corporation for the sale of subject property and the amount of 1.2 million. District one. Now there's a bunch of these, right? There's more than one. Is it possible to like. Councilwoman, you wanted to speak to all of them at once? Yes. Just know we're going to have to take them each individually on the sale and the vote. Yes. Well, I was just thinking the comments. Right. That's fine. The comment? Yeah, well, no. I think. Councilwoman, you've got the. Floor. Thank you. Well, Sergio, if we can go over just a quick staff report on this particular. Location, I just want to make sure. I'm wrapping my head around what will be happening there. Sergio Ramirez. Thank you. Good evening, Vice Mayor and honorable council members. The this item and. Actually the following three items pertain to the disposition of successor agency properties. As you know, we are in the process of selling former RTA properties per the Longreach Property Management Plan. These properties were taken out to RFP back in March 2016 but unsuccessfully sold in that time. Subsequently, the properties were assigned to Leon Associates, a professional real estate brokerage firm, for the solicitation of offers via the open real estate market. The subject property before you is approximately 38,000 square foot lot 1675 Santa Fe and is owned industrial Leon Associates received an offer for 1.2 million from Wood Cliff Corp. for the development of an industrial incubator industrial complex. By the site. If approved, the plans will be submitted to development services for approval through the city's entitlement process. And we recommend approval of the disposition. Thank you. I just had a question as to what. We what we're defining as incubator spaces is. Definitely the the applicant has has agreed to try to promote the sale or lease of these spaces in compliance with the livable well West Long Beach implementation plan to try to encourage entrepreneurs and startups for these spaces. Okay, great. So it is what I'm thinking. It's an entrepreneurship incubator and from what I understand, I think would Cliff is the same. Group who constructed the Michelle Obama library. That is correct. The owner of Wood Cliff is actually a developer, a contractor, general contractor. And acted as a general contractor for the Michelle Obama Library. Wonderful. Okay, great. Thank you. Very much. I appreciate the work on this. Fantastic. Is any public comment on item number 16 saying nonmembers, please cast your vote. Motion carries.