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Home My WebLink AboutMINUTES - 04271993 - FC.1 TO: BOARD OF SUPERVISORS Contra FROM: Costa Finance Committee w ;s <� County DATE: April 27, 1993 SUBJECT: PINE CREEK DETENTION BASIN SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION RECOMMENDATIONS: 1. Defer consideration of disposal of Pine Creek Basin Property for at least 12 months and relist item for the Finance Committee Agenda for April, 1994. 2. Direct the Director of the Growth Management and Economic Development Agency to discuss potential plans for the property with officials from the City of Walnut Creek. 3. Direct GMEDA to process a tentative map for the property. BACKGROUND: On March 16, 1993, it was recommended by the Board of Supervisors that the timing of sale for Pine Creek Detention Basin Surplus Property be reviewed by the Finance Committee in consideration of the following issues: 1. Receipt of revenue versus State reimbursement for other projects 2. Completion of Wildcat-San Pablo Creek Project 3. Appraisal value versus current market value 4. Speed with which the property can be put on the market See the attached Board Order for background information. CONTINUED ON ATTACHMENT: YES SIGNATURE: F RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD 60MMI / APPROVE OTHER SIGNATURE(S): Gayle Bishop Tom Powers ACTION OF BOARD ON -2 Z l y APPROVED AS RECOMMENDED OTHER VOTE OF SUPERVISORS 1 HEREBY CERTIFY THAT THIS IS A TRUE UNANIMOUS(ABSENT ) AND CORRECT COPY OF AN ACTION TAKEN AYES: �� NOES:-- AND ENTERED ON THE MINUTES OF THE BOARD ABSENT: ABSTAIN: OF SUPERVISORS ON THE DATE SHOWN. CC: GMEDA ATTESTED 7, y.� County Administrator PHIL BA CHELOR,CLERK OF THE BOARD OF SUPERVISORS AND COUNTY ADMINISTRATOR M382BY DEPUTY (70/88) -2- On April 12, the Committee was presented a report by the Director of Growth Management and Economic Development Agency. Also, Mitch Jenkins, an interested party, offered testimony on the property. The Committee determined that it would be in the best interest of the-County to delay consideration of disposing of the property for at least a year due to uncertainties in the real estate market and with State reimbursement to the County for other public works projects. The Committee suggested that in the interim, the Director of GMEDA discuss the matter with Walnut Creek officials and begin to process a tentative map. The Committee recommendations include reconsidering this item in April, 1994. TO: BOARD OF SUPERVISORS, AS THE GOVERN(NJG BODY OF CONTRA COSTA COUNTY FLOOD CONTROL AND WATER CONSERVATION DISTRIC� FROM: J. MICHAEL WALFORD, CHIEF ENGINEER I LSII,r,;IJNFY DATE: MARCH 16, 1993 MAR 2 6 1993 SUBJECT: PINE CREEK DETENTION BASIN SURPLUS PROPERTY, WAL4 Uibr1 ' ''I A 1JD PROJ. NO. 7520-8362 PiCENCY SPECIFIC REQUEST(S) OR RECOMMENDATION(S) &BACKGROUND AND JUSTIFICATION 1. 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. 11. Financiallmpact: 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. r Continued an Attachment: X SIGNATURE: 11111 " Z :I _ RECOMMENDATION OF COUNTY ADMINISTRATOR — RECOMMENDATION OF BOARD COMMITTEE _APPROVE _ OTHER SIGNATURE(S): ACTION OF BOARD ON , 14, /f ,9,3 APPROVED AS RECOMMENDED_X OTHER_ I VOTE OF SUPERVISORS UNANIMOUS (ABSENT ) AYES: NOES: ABSENT: ABSTAIN: MFK:ttr hereby certify tnet this Is a true and correct copy;d c:B0116.t3 an action taken and entevad on the minutes co V* Board of Superviso on he data shown. Orifi.Contact: M to Works k (5 ATTESTED: (d Contact: Count Administrator trato 3132203 PHIL BATChE��„ Clerk of the Board cc: County Administrator County Auditor-Controller of Supervlsors and County Administrator County Counsel GMEDA° By Deputy PW-Flood Control PW-Accounting f} TACI1 MENT 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. R 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 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