10D Action Items 2017 1016 - Laserfiche WebLink

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File Number: 17-592 such as new double-pane windows and sliding glass doors, and other noise insulation improvements in single-family dwellings in the Davis West, Timothy Drive and Mulford Gardens areas. Homeowners who participated in this program were required to sign an aviation easement with the Port of Oakland upon completion of the insulation improvements. By 2013, the program funded improvements on 154 homes, averaging approximately $30,000 per home in construction and administrative costs. On June 16, 2008, the City Council approved the purchase of 2139 Laura Avenue in order to support plans for the widening of Davis Street as part of an Alameda County project to construct a southbound HOV lane on the I-880 freeway, a new Davis Street overpass and a realigned southbound I-880 off-ramp at Davis Street. A general fund loan for $340,000 was provided to the Measure B fund to facilitate this acquisition. At the time of the property’s purchase, the Alameda County Transportation Commission (ACTC) was in the design phase of the project. Subsequently, in 2012, it was determined that the project would not require the Laura Avenue property for widening Davis Street. As such, the City repaired the property, prepared it for lease as a single-family residence and retained property management services from a consultant, Deadrich Realty, Inc. The City leased the property as rental housing from May 2013 through January 2017, at which time the property was vacated. In March 2017, staff received direction from the City Council to list the property for sale. The 2139 Laura Avenue property was listed in June 2017 on the multiple listing service and received three offers. The City accepted the highest offer of $590,000 and the property sold on August 18, 2017. Repairs to the property in preparation for the sale, agent commission fees and real estate closing costs totaled $48,000 yielding net proceeds to the City in the amount of $542,000. Analysis The following City Council goal is applicable to the City Council’s consideration of this appropriation and the creation of a neighborhood investment program for the Davis West neighborhood: ·Support and implement programs, activities and strengthen communication that enhances the quality of life and wellness, celebrates the arts and diversity and promotes civic pride The City Council regularly endeavors to improve all neighborhoods in San Leandro through infrastructure and quality of life improvements. The Davis West neighborhood in particular has benefitted from recent investments in routine rehabilitation and resurfacing of the neighborhood’s roads, installation of traffic calming speed humps, aesthetic improvements such as artistic utility box wraps, and improved street lighting. Additionally, in 2017, the City applied for and was awarded $250,000 in California Housing and Community Development Department grant funding to rehabilitate Warden Park. The City in conjunction with ACTC is also planning to spend $675,000 on low-water consumption and Bay Friendly landscaping improvements at the Davis Street/I-880 Interchange. Staff recommends writing off the General Fund loan made to the Measure B Fund to purchase the 2139 Laura Avenue property. Additionally, staff recommends development of a neighborhood Page 2 City of San Leandro Printed on 10/10/2017 409