City Council

7. PRESERVATION OF 242.44 +/- ACRES OF REAL PROPERTY IN LOS\nANGELES COUNTY, AYRES PROPERTY, ASSESSORS PARCEL NOS. 2826-\n019-035 AND 2826-019-036 - Acquisition of this property will enhance the City's on-\ngoing efforts to preserve open space lands in an effort to complete the open space\ngreenbelt surrounding the Santa Clarita Valley.\nRECOMMENDED ACTION:\nCity Council:\n1. Approve the purchase of 242.44+/- acres of real property contiguous to City-owned\nopen space property to the west of the City, Assessor's Parcel Numbers 2826-019-\n035 and 2826-019-036, at a total cost of $1,093,255, which includes property\npurchase price, escrow, title, appraisal fees, due diligence costs, maintenance, and\npayment of annual property taxes.\n2. Appropriate one-time funds in the amount of $1,093,255 from the Open Space\nPreservation District Fund (Fund 358) to Open Space Preservation District\nExpenditure Account 3587501-520104.\n3. Appropriate ongoing funds in the amount of $21,120 from Open Space Preservation\nDistrict Fund (Fund 358) to Open Space Expenditure Account 3587501-518503 and\n$2,500 to 3587501-511101.\n4. Find this acquisition exempt from review under the California Environmental\nQuality Act (CEQA) pursuant to Article 19, Section 15313 (Class 13); Section\n15317 (Class 17); and Section 15325 (Class 25).\n5. Authorize the City Manager, or designee, to execute all documents, subject to City\nAttorney approval.\nPage 4