Will be the new home for the town hall annex and the company yard
PASO ROBLES – Paso Robles City Council has approved the purchase of a property near the airport for $ 6.1 million that will be the new home of the City Hall annex and the courtyard of the society.
The board authorized the general manager to purchase 4301 Second Wind Way for $ 6,110,000, including a short-term lease with the vendor.
The purchase will reclassify the capital improvement funds that have been earmarked for the purchase of the boys’ schools and airport funds allocated for hangar development towards the purchase of the property.
In addition, $ 3,702,500 will come from the General Government’s Development Impact Fee Fund, $ 107,500 from the Airport Fund and $ 1,346,000 from the Facility Repair and Replacement Fund.
Go through this together, Paso Robles
The Wind Way property will serve as a new, more profitable location for the City’s current leases for the Town Hall Annex, 821 Pine Street, and the Company’s Yard, 635 Riverside Dr.
The purchase includes a seven-year lease with a three-year extension option for an office building with the previous owner. In turn, this will provide $ 150,000 in rental income to the City’s General Fund each year.
Two aircraft hangars on the property could provide $ 15,000 in rental income to the City’s Airports Fund each year.
The City currently pays $ 114,000 and $ 124,500 annually for lease leases for the City Hall and Company Yard annex. So following the purchase of Wind Way, General Fund expenses will decrease by $ 238,500 per year, staff said.
Within 3.5 years, the city is expected to have recouped the real estate investment and realize savings of $ 388,500 per year, building up to $ 7 million over the next 30 years, according to staff.
The Paso Robles Cannabis Business Tax Ordinance has been removed from the consent agenda for separate discussion.
The proposed ordinance would impose a 6% tax on cannabis delivery companies within Paso Robles boundaries.
Council approved the ordinance with a 5-0 vote. Instead of the usual 30 days to implement new taxes, the Council revised the order to allow 90 days to implement the tax.
During these 90 days, staff will research how to apply the tax and Council will discuss any amendments, if any.
Paso Robles Fire Chief Jonathan Stornetta reported that San Luis Obispo County remained in Level 2, or Red Level, until November 10. Paso Robles continues to lead the number of COVID-19 cases.
The town of Paso Robles is hosting a mask drive-in on November 20.
Two thousand pre-cut mask kits have been donated and can be picked up at the Paso Robles Municipal Library. Completed masks can be dropped off at the Paso Robles Police Department.
So far, the county has received 1,000 completed masks.
Free COVID-19 tests are still available at the Paso Robles Event Center inside the Frontier Pavilion. The tests are available Monday, Thursday and Saturday from 7 a.m. to 5 p.m.
Related