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HomeMy WebLinkAboutMINUTES - 03161993 - 1.24 TO: BOARD OF SUPERVISORS, AS THE GOVERNING BODY OF CONTRA COSTA COUNTY FLOOD CONTROL AND WATER CONSERVATION DISTRICT FROM: J. MICHAEL WALFORD, CHIEF ENGINEER DATE: MARCH 16, 1993 SUBJECT: PINE CREEK DETENTION BASIN SURPLUS PROPERTY, WALNUT CREEK PROJ. NO. 7520-8362 SPECIFIC REQUEST(S) OR RECOMMENDATION(S) &BACKGROUND AND JUSTIFICATION I. Recommended Action: 1. ACCEPT this report from the Chief Engineer regarding the ultimate disposal of the Pine Creek Detention Basin Surplus Property, and 2. REFER item to the Finance Committee for review and recommendation. II. Financial Impact: The surplus property has an estimated value of $5,950,000 based on an outside appraisal completed in 1991. The State of California is entitled to approximately 75 percent of the sale proceeds. The State owes the District approximately $1,740,000 for outstanding reimbur- sement claims. Additional claims of $1,100,000 will be submitted with the last two contracts on Wildcat-San Pablo Creeks. III. Reasons for Recommendations and Background: The surplus property is approximately 39 acres in area and immediately adjacent to the Pine Creek Detention Basin. In constructing the detention basin, approximately 700,000 cubic yards of basin excavation material was placed and compacted on the surplus property as a means of mitigating the traffic impact that would have resulted from hauling the surplus material elsewhere. Continued on Attachment: X SIGNATURE: _ RECOMMENDATION OF COUNTY ADMINISTRATOR _ RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S): ACTION OF BOARD ON 14, /9 y 3 APPROVED AS RECOMMENDED �_ OTHER VOTE OF SUPERVISORS _ UNANIMOUS (ABSENT AYES: NOES: ABSENT: ABSTAIN: 1 hereby certify thet this Is a true and correct copy of MFK:Iv an action taken and entered on the minutes of the c:BO\16.t3 Board of Supervwso on the date shown. Orig. Div:Public Works (FC) % y y Contact: Milton Kubicek (510) 313-2203 ATTESTED: � ^yam PHIL BATCIicLJi;,Clerk of the Board cc: County Administrator of Supervisors and county Administrator County Auditor-Controller County Counsel GMEDA By _L Deputy PW-Flood Control PW-Accounting Pine Creek Detention Basin March 16, 1993 Page Two When the surplus property was purchased, it did not have domestic water, and it was Zoned A2. Since then, the Flood Control District has secured domestic water through Contra Costa Water District, and the City of Walnut Creek and the County have completed a specific plan study for the Northgate area which specifies an R-40 zoning for the surplus property. As a part of the specific plan process, in June 1991, the City of Walnut Creek requested that the site not be developed or sold for two years to give them time to decide if they wanted to purchase the property for open space. The State of California reimbursed the District 75 percent of the purchase price for the property in 1979. Consequently, when the property is sold, 75 percent of the sale prices, after subtracting the Districts cost for domestic water, will have to be returned to the State. The State currently owes the District $1,740,000 in outstanding reimbursements. With the States current funding crisis, it does not appear that they will fund the federal flood control program reimbursements in the near future. Also the District will be incurring additional State reimbursable costs during the next two years in completing the Wildcat-San Pablo Creeks project. Consequently, our only guarantee that we will receive the monies owed by the State is for the District to retain said amounts from any refunds we might owe them. It is recommended that the timing of sale for Pine Creek Detention Basin Surplus Property be reviewed by the Finance Committee in consideration of the following issues: • speed with which the property can be put on the market • receipt of revenue • appraisal value verse current market value completion of Wildcat-San Pablo Creek Project