Legislation Details

File #: 26-7002   
Type: Orange County Local Transportation Authority Item Status: Committee Ready - Consent
File created: 6/3/2026 In control: Finance and Administration Committee
On agenda: 7/16/2026 Final action:
Title: Approval to Sell Surplus Land for the Interstate 5 Improvement Project Between State Route 73 and Oso Parkway
Sponsors: Joe Gallardo, James G. Beil
Attachments: 1. Staff Report, 2. Attachment A, 3. Attachment B, 4. Attachment C, 5. Attachment D

Subject

title

Approval to Sell Surplus Land for the Interstate 5 Improvement Project Between State Route 73 and Oso Parkway

overview

Overview

The Orange County Transportation Authority’s Interstate 5 Improvement Project between State Route 73 and Oso Parkway required the acquisition of property rights from public and private parties, adjacent to the existing freeway and city streets. Approximately 24,434 square feet of vacant commercial property located at the southwest corner of Marguerite Parkway and Avery Parkway in the City of Mission Viejo and identified as a portion of assessor parcel nos. 740-014-01 and 740-014-05, is recommended to be sold as surplus land by the Orange County Transportation Authority. Therefore, staff is seeking approval to sell the vacant land as surplus land under the Surplus Land Act (Government Code Section 54220 et seq.).

recommendation

Recommendation(s)

A.                     Direct staff to sell the surplus land located within the Interstate 5 Improvement Project between State Route 73 and Oso Parkway.

 

B.                     Authorize the Chief Executive Officer to negotiate and execute the necessary documents to complete the sale of the surplus land for the offer price of $1,950,000.