Report Prepared by: Frank Quintero, Director of Economic Development
Title
SUBJECT: Status Report Regarding the City-Owned Property in the Airport Industrial Park
REPORT IN BRIEF
Oral update concerning the 66-acres owned by the City in the Airport Industrial Park.
RECOMMENDATION
Information-Only
Body
CITY COUNCIL PRIORITIES
Adopted Budget FY 2017-2018, Economic Development Department, Goal #3, “Find a company to market, prepare plans, for virtual buildings, and eventually construct a speculative building for City-owned properties in the Airport Industrial Park.”
DISCUSSION
The City of Merced owns 11 parcels in the Airport Industrial Park located on Grogan Avenue, Hawk Drive, and Riggs Avenue totaling ±66-acres (Attachment 1.) If merged, the parcels would be grouped as follows:
|
Group Location |
Number of Parcels |
Acres |
|
Grogan Avenue |
3 |
±20 |
|
Hawk Drive North |
5 |
±24 |
|
Hawk Drive South |
2 |
±17 |
|
Riggs Avenue |
1 |
± 5 |
Staff will provide an oral update regarding the activity taking place at the Airport Industrial Park relative to the marketing of the City-owned properties.
ATTACHMENTS
1. Airport Industrial Park - City Owned Properties