File #: 18600   
Type: Unfinished Business Status: Agenda Ready
Meeting Body: City Council
On agenda: 12/11/2018
Title: Agreement with the Los Altos School District to Partially Fund the Acquisition of Joint-Use Open Space and Recreational Facilities at a Future School Site and a Public Park in Mountain View
Attachments: 1. Council Report, 2. ATT 1 - October 3, 2017 Study Session Memo, 3. ATT 2 - January 16, 2018 Council Report, 4. ATT 3 - June 26, 2018 Council Report, 5. ATT 4 - Letter from Federal Realty and LASD, 6. ATT 5 - Letter from LASD, 7. ATT 6 - Federal Realty Relocation Status Letters
Related files: 17-338, 1816, 18395

Title

Agreement with the Los Altos School District to Partially Fund the Acquisition of Joint-Use Open Space and Recreational Facilities at a Future School Site and a Public Park in Mountain View

Recommended Action

1.                     Authorize the City Manager to execute a Funding and Joint Use Agreement between the Los Altos School District (LASD) and the City of Mountain View for the acquisition and maintenance of joint-use open space and recreation facilities of the  school site.

 

2.                     Appropriate up to $23.0 million in the Park Land Dedication Fund per the Funding and Joint Use Agreement.  (Five votes required)

 

3.                     Authorize the City Manager to execute a Land Transfer Agreement with LASD for the acquisition of two acres of land for a City park, adjacent to the new LASD school site.

 

4.                     Appropriate $3.0 million in the Open Space Acquisition Reserve and $17.0 million in the Park Land Dedication Fund.  Funds are to be returned to these sources from the Park In-Lieu Fees to be paid by Greystar for the 2580 California Street project.  (Five votes required)