City Council

11. AGREEMENT WITH LOS ANGELES COUNTY REGIONAL PARK AND OPEN\nSPACE DISTRICT FOR THE ACCEPTANCE OF MEASURE A GRANT FUNDS\nAND PRESERVATION OF 457 +/- ACRES OF REAL PROPERTY IN LOS\nANGELES COUNTY, VASQUEZ CANYON RANCH - The item considers the\nauthorization to execute an agreement with Los Angeles County Regional Park and Open\nSpace District to accept Measure A grant funds and acquire Vasquez Canyon Ranch for\nthe purpose of open space preservation.\nRECOMMENDED ACTION:\nCity Council:\n1. Approve and authorize the City Manager or designee to execute an agreement with\nthe Los Angeles County Regional Park and Open Space District to accept Measure A\ngrant funds for a total amount of $1,437,195, subject to City Attorney approval.\n2. Approve the purchase of 457+/- acres of real property, Assessor Parcel Numbers\n2813-013-0032, 2813-013-033, 2813-014-003, 2813-015-008, 2813-015-010, 2813-\n015-014, 2813-015-015, and 2813-016-011, at a total cost of $2,589,314, which\nincludes property purchase price, escrow, title, due diligence costs, trail head\nimprovements, and payment of annual property taxes.\n3. Appropriate one-time funds of $1,437,195 from Measure A Fund (Fund 269) to\nMeasure A Acquisition Grant Account R0037269-520104.\n4. Appropriate one-time funds of $1,152,119 from Open Space Preservation District\nFund (Fund 358) to Open Space Preservation District Expenditure Accounts\n3587501-520104 ($1,141,719), 3587501-518503 ($8,400), and 3587501-511101\n($2,000) for the purchase of the property, property taxes, and maintenance fees.\n5. Appropriate ongoing funds beginning in Fiscal Year 2025-26 of $62,000 from the\nOpen Space Preservation District Fund (Fund 358) to Open Space Expenditure\nAccounts 3587501-518503 ($50,000) and 3587501-511101 ($12,000) for annual\nproperty taxes and ongoing maintenance.\n6. Find this acquisition exempt from review under the California Environmental Quality\nAct pursuant to Article 19, Section 15313 (Class 13); Section 15317 (Class 17); and\nSection 15325 (Class 25).\n7. Authorize the City Manager or designee to execute all documents, subject to City\nAttorney approval.