Title
a. Approve the sale of two parcels located at 183 Soledad Street, Soledad California (APNs 022-026-001 and 022-026-002) between the City of Soledad, the Successor Agency to the Soledad Redevelopment Agency, and Soledad Unified School District;
b. Accept the Monterey County Water Resource Agency’s share of the net unrestricted proceeds from the sale of the parcels; and
c. Authorize the Agency General Manager to execute all necessary documents to effectuate the transfer of proceeds.
Report
RECOMMENDATION:
It is recommended that the Monterey County Water Resources Agency Board of Supervisors:
a. Approve the sale of two parcels located at 183 Soledad Street, Soledad California (APNs 022-026-001 and 022-026-002) between the City of Soledad, the Successor Agency to the Soledad Redevelopment Agency, and Soledad Unified School District;
b. Accept the Monterey County Water Resource Agency’s share of the net unrestricted proceeds from the sale of the parcels; and
c. Authorize the Agency General Manager to execute all necessary documents to effectuate the transfer of proceeds
SUMMARY/DISCUSSION:
The Redevelopment Dissolution Act (ABx1 26 and AB 1484) and ensuing court actions, eliminated all redevelopment agencies in California on January 31, 2012 and established procedures for disposing agency assets. To help facilitate the wind-down process at the local level, successor agencies were established to manage redevelopment projects currently underway, make payments on enforceable obligations, and dispose of redevelopment assets and properties. Accordingly, the City of Soledad Redevelopment Agency (“City Redevelopment Agency”) was dissolved and the City of Soledad Successor Agency (“Successor Agency”) became its successor in interest.
Pursuant to Health and Safety Code section 34191.5(b), the Successor Agency, prepared a Long-Range Property Management Plan (“LRPMP”), dated July 3, 2013, to address the di...
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