G.7 - Petta Land Donation Agreement PowerpointCity of Grand Terrace
DONATION OF LAND –FEBRUARY 22, 2022
Background
I.The Family Trust of Anthony Petta and Angeline Petta (“Petta Family Trust”)
currently owns the property with Assessor Parcel Numbers 0276 -213 -47 -0-000.
II.Angeline Petta is the trustee of the Petta Family Trust
III.The Property is generally located at the intersection of Preston Street and Barton
Road in the City of Grand Terrace.
IV.Ms.Petta has agreed to donate the Property to the City for public purposes of a
library,police substation,performing arts center,or any other allowable use that
is in the best interests of the residents of the City of Grand Terrace as
determined by the City Council.
Discussion
Price:
If approved,the Property will be donated to the City.The appraised value is $750,000.
City Obligations:
City will pay for all costs of closing and a title insurance policy.The City is required to
deposit $1000 for this purpose.
Contingent upon General Plan Conformance Finding
Government Code Section 65402 -The City Council’s approval of the Real Property
Donation Agreement would be contingent upon the Planning Commission finding the
donation,and acceptance thereof by the City,to be consistent with the General Plan.
Recommendation
The City Council is recommended to adopt the following Resolution:
“A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAND TERRACE ACCEPTING THE
DONATION OF REAL PROPERTY GENERALLY LOCATED AT PRESTON STREET AND BARTON ROAD IN
GRAND TERRACE, CA (APN 0276-213 -47 -0-000) FROM ANGELINE PETTA, TRUSTEE OF THE FAMILY
TRUST OF ANTHONY PETTA AND ANGELINE PETTA (AKA PETTA TRUST) DATED MAY 10, 2012 AND
APPROVING THE RELATED REAL PROPERTY DONATION AGREEMENT, CONTINGENT UPON THE
PLANNING COMMISSION’S FINDING THEREOF CONFORMS WITH THE CITY’S GENERAL PLAN”
Questions?