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Title
Authority to Acquire Former Pacific Electric Railroad Right-of-Way in the City of Garden Grove to Preserve and Protect for Future Transit Use
Overview
The Orange County Transit District has an opportunity to purchase non-operating railroad right-of-way located in the City of Garden Grove. The approximately 2,300 linear feet of non-operating railroad right-of-way is 5.2 acres of vacant land that lies between Brookhurst Street and Chapman Avenue, owned by the City of Garden Grove. The acquisition would preserve and protect the right-of-way for future transit use.
Recommendation(s)
Authorize the Chief Executive Officer to negotiate and execute necessary agreements to acquire 5.2 acres of former Pacific Electric railroad right-of-way located in the City of Garden Grove, in the amount of $1,500,000, exclusive of title and escrow fees.