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Staff Reports - East Bay Municipal Utility District

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EBMUD<br />

AGENDA NO.<br />

MEETING DATE January 22, 2013<br />

TITLE<br />

PROPERTY ACQUISITION FROM THE CITY OF LAFAYETTE FOR THE<br />

DIABLO VISTA PUMPING PLANT REPLACEMENT PROJECT<br />

• MOTION m RESOLUTION • ORDINANCE<br />

RECOMMENDED ACTION<br />

Approve a property exchange agreement with the City of Lafayette for the purchase of a 9,461 square foot<br />

parcel at the southwest corner of Mt. Diablo Boulevard and Mt. Diablo Court, Lafayette and the eventual<br />

conveyance of the <strong>District</strong>'s existing 5,663 square foot Diablo Vista Pumping Plant property at 3305 Mt.<br />

Diablo Boulevard, Lafayette.<br />

SUMMARY<br />

The existing 12 million gallon per day (mgd) Diablo Vista Pumping Plant located at 3305 Mt. Diablo<br />

Boulevard will be replaced with a new 16 mgd pumping plant on property owned by the City of Lafayette<br />

(City). The new pumping plant is not being re-constructed at the existing site because the site is smaller in<br />

size than desired, a temporary pumping plant would have to be located at another site while construction<br />

of a new pumping plant took place, and the City had expressed interest in exchanging a portion of its Mt.<br />

Diablo Court property for the <strong>District</strong>'s 3305 Mt. Diablo Boulevard site to increase retail off-street<br />

parking. The two subject sites are shown on the attached map. In addition to being larger, the City's<br />

property offers better site access which simplifies construction and lowers overall costs.<br />

DISCUSSION<br />

The <strong>District</strong> and the City have developed a property exchange agreement to affect the transfer of the<br />

properties. The Lafayette City Council approved this agreement at its meeting on January 14, 2013. The<br />

highlights of the agreement include:<br />

Valuation- Both properties were appraised by a local independent licensed real estate appraiser who was<br />

mutually selected by the City and the <strong>District</strong>. The unit value of both properties was established at $40 per<br />

square foot resulting in a value of $226,500 for the <strong>District</strong>'s existing pumping plant property. The larger<br />

City's property value was calculated at $378,440. Recognizing the value differential of the two properties<br />

and in order to make this exchange a non-cash transaction, the <strong>District</strong> will absorb the cost to relocate the<br />

City's storm drain facility off of the City's property as well as allocate money for paving, lighting and<br />

Funds Available FY:<br />

Budget Code:<br />

DEPARTMENT SUBMITTING:<br />

Administration<br />

DEPARTMENT MANAGER or DIRECTOR:<br />

Carol Nishita<br />

APPROVED:<br />

B^neral Manager<br />

/<br />

Contact the Office of the <strong>District</strong> Secretary with questions about completing or submitting this form.

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