Title
RESOLUTION NO. 2015-052 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE PURCHASE OF A 0.14-ACRE COMMERCIAL PROPERTY LOCATED AT 224 THIRD AVENUE AND AMENDING THE FISCAL YEAR 2014/2015 BUDGET BY APPROPRIATING $270,000 FROM THE GENERAL FUND RESERVES TO THE NON-DEPARTMENTAL DEPARTMENT CAPITAL BUDGET FOR THE PURCHASE PRICE AND ASSOCIATED COST (4/5 VOTE REQUIRED)
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RECOMMENDED ACTION
Recommended Action
Council adopt the resolution.
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SUMMARY
The subject parcel is a 0.14 acre commercial property located at 224 Third Avenue and currently identified as San Diego County Assessor's Parcel No. 568-044-19. It is the vacant lot immediately north of the Vogue Theater. The property has been on the market for several months with an asking price of $275,000 to $400,000. After negotiations, staff and the owner have come to an agreed purchase price of $260,000, subject to Council approval.
ENVIRONMENTAL REVIEW
The Development Services Director has reviewed the proposed property acquisition for compliance with the California Environmental Quality Act (CEQA) and has determined that there is no possibility that the activity may have significant effect on the environment; therefore, pursuant to Section 15061(b)(3) (General Rule) of the state CEQA Guidelines the activity is not subject to CEQA. Although environmental review is not necessary at this time, additional environmental review will be required as applicable prior to the approval of any future project specific development entitlements.
BOARD/COMMISSION RECOMMENDATION
Not Applicable]
DISCUSSION
The subject parcel is a 0.14 acre commercial property located at 224 Third Avenue and currently identified as San Diego County Assessor's Parcel No. 568-044-19. As shown on a map attached to this report, the subject parcel is the vacant lot immediately north of the Vogue Theater and takes it's access from the alley to the west. The property has been listed for sale several times...
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