REPORT TO COUNCIL
SUBJECT
Title
Action on a Resolution Ordering the Vacation of an Underground Electric Easement at 3075 Olcott Street
Report
BACKGROUND
On July 20, 2016, the City's Architectural Committee approved the MDY Property, Inc. development of a six-story 230,500 square-foot office development on a 2.73 acre property located at 3075 Olcott Street (Property).
DISCUSSION
Due to the redevelopment of the Property, an existing underground electric easement encumbering the Property has been relocated or determined to be excess, and this easement is no longer necessary. The Property owner has requested that the City vacate the subject underground electric easement to clear this unnecessary encumbrance on the Property. Any relevant facilities previously within said easement have been removed or abandoned. Silicon Valley Power, the only City department having an interest in said easement, concurs that the easement is eligible to be vacated. Staff has reviewed this proposal and found that this easement is no longer necessary for public purposes and therefore recommends that it be vacated according to subsection C of California Streets and Highways Code Section 8333.
ENVIRONMENTAL REVIEW
The Mitigated Negative Declaration prepared for the project was approved by the City's Architectural Committee on July 20, 2016.
FISCAL IMPACT
There is no additional cost to the City other than staff time and expense.
COORDINATION
This report has been coordinated with the City Attorney's Office and Silicon Valley Power.
PUBLIC CONTACT
Public contact was made by posting the Council agenda on the City's official-notice bulletin board outside City Hall Council Chambers. A complete agenda packet is available on the City's website and in the City Clerk's Office at least 72 hours prior to a Regular Meeting and 24 hours prior to a Special Meeting. A hard copy of any agenda report may be requested by contacting the City Clerk's Office at 408-615-2220, emailing clerk@santaclaraca.go...
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