HomeMy WebLinkAbout0004_1_OB - SRREPORT TO OVERSIGHT BOARD TO THE SUCCESSOR AGENCY
OF THE REDEVELOPMENT AGENCYOF THE CITY OF LAKE ELSINORE
To:Chairperson Kelley and Oversight Board Members
From:Barbara Leibold, Successor Agency Counsel
Date:May 16,2018
SUBJECT:Transfer of Governmental Purpose Propertyto the City of Lake Elsinore
in accordance with Health & Safety Code Section 34181(a)
Recommendation
AdoptA RESOLUTION OF THE OVERSIGHT BOARD TO THE SUCCESSOR AGENCY OF
THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE APPROVING THE
TRANSFER OF A GOVERNMENTAL PURPOSE PROPERTY TO THE CITY OF LAKE
ELSINORE IN ACCORDANCE WITH HEALTH & SAFETY CODE SECTION 34181(a)
Background
As part of the dissolution of the former Redevelopment Agency, Health &Safety Code
Section 34181 requires the Oversight Board to direct the Successor Agency totransfer
ownership of assets constructed and used for a governmental purpose, such as roads, parks
and parking facilities. The Successor Agency, the Oversight Board and the Department of
Finance (DOF) previously approved the transfer of such governmental purpose properties
held by the Successor Agency to the City of Lake Elsinore.However, DOF denied
conveyance by the Successor Agency to the City of a .53 acre parcel located at the
intersection of Riley and Heald (APN 374-162-036) (the “Property”).
The Oversight Board previously approved the conveyance of the Property to the City as
governmental purpose property because of the Mary McDonald historic landmark that is
located thereon. Based on information provided by the Lake Elsinore Historical Society, Mrs.
Mary Julia Ledlie McDonald commissioned Mr. Graham to drill wells in different locations of
Elsinore.A fresh water well at a depth of some 200 feet was discovered on the Property.
Sometime around 1931, Mrs. McDonald had a gazebo building erected to cover the water
fountain and a flower garden planted around the structure. Mrs. McDonald wanted the public
to freely drink from the fresh water fountain and fill their water bottles. The Mary McDonald
Fountain and Building have been designated as a Riverside County Historical Landmark.
Discussion
In order to protect the historically significant Mary McDonald Fountain and Building, the
Successor Agency proposes to divide the Property and convey to the City for governmental
purposes only that portion comprising approximately 5,625 square feet that includes and is
necessary for the preservation and maintenance of the historic landmark(“Governmental
Purpose Portion”).The proposed division is conceptuallydepicted on the Vicinity Map
(Exhibit A) to the attached Oversight Board Resolution.
Approval of Transfer of Governmental Purpose Property to City
May16, 2018
Page 2
The remainder portion of the Property consisting of approximately 17,775 square feet isnot
essential to the preservation of the historic landmark and will be sold at fair market value.
The remainder portion of the Property is zoned Medium Density Residential and could be
developed as a single project or divided into two developable lots.
The proposed transfer of the Governmental Purpose Portion of the Property to theCity
requires Oversight Board approval.The Oversight Board’s Resolution approving the
proposed transfer must be transmitted to DOF.DOF has five (5) days after submittal to
request a review and forty-five (45) days to review the Oversight Board Resolution if it
decides to do so.Following approval by DOF, the Successor Agency staff will process a
formal division of the Property and prepare and record a deed conveying the Governmental
Portion of the Property.The larger remainder portion of the Property will be offered for sale at
appraised fair market value.
Attachments:
Oversight BoardResolution No. OB-2018-___