Report Prepared by: Kenneth Rozell, Senior Deputy City Attorney
Title
SUBJECT: Transfer All Parking Authority's Interests in Parking Lot #1 to Merced Designated Local Authority, Authorize the City Manager to Accept Such Assets on the City's Behalf, and Authorize the City Manager to Sign a Non-Exclusive Easement Over Parking Lot #1 for Access by Merced Lofts
REPORT IN BRIEF
Authorizes the Parking Authority of the City of Merced to transfer all of its interests in Parking Lot #1 to the Merced Designated Local Authority, authorizes the City Manager to accept and consent to the transfer of this asset to the City, and authorizes the City Manager to sign all necessary documents to convey a non-exclusive easement over Parking Lot #1 for access by Merced Lofts.
RECOMMENDATION
Parking Authority - Adopt Resolution PA 2016-04, a Resolution of the Parking Authority of the City of Merced authorizing the transfer of all of the Parking Authority's interests in Parking Lot #1 to the Merced Designated Local Authority.
City Council - Adopt Resolution 2016-41, a Resolution of the City Council of the City of Merced, California authorizing the City Manager to accept and consent on the City's behalf the transfer of Parking Lot #1.
City Council - Adopt a motion authorizing the City Manager to sign a non-exclusive easement agreement relating to Parking Lot #1 with Merced Lofts, LLC.
Body
AUTHORITY
City of Merced Charter, Section 200
CITY COUNCIL PRIORITIES
Not Applicable
DISCUSSION
Parking Lot #1 (APN 031-141-020) was created in 2002 as part of a Merced Redevelopment Agency mixed used project along Main Street - the Merced Lofts. Parking Lot #1 was originally owned by the Merced Redevelopment Agency and is located off of the alley that runs between "M" Street and Canal Street adjacent to the McNamara Plaza parking lot. (See Attachment 1.)
In order to access the Merced Loft's parking lot, it is necessary for the tenants of the Merced Lots to drive across Parking Lot #...
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