Gosh, Honey, You Bought Me a Crumbling Cliff?! You Shouldn't Have!

First item on Pacifica City Council meeting agenda, April 12:
 
6:30 PM Closed Session Item:
1. Pursuant to Government Code Section 54956.8
Conference with Real Property Negotiator
Discussion concerns price and terms of payment.
Agency negotiator attending session: Stephen Rhodes
Negotiating parties: City of Pacifica and 330 Esplanade, LLC and Aimco Esplanade Avenue Apartments, LLC
Property: APN 009-131-030

 (Riptide correspondent Lionel Emde spotted this ticking time bomb in the council agenda.)

Comments

[Chris Dant]

My first take on this: Aimco is considering buying 330 Esplanade and Steve Rhodes wants to discuss with City Council the requirements for recertifying the building as habitable. I have to check into this further, i.e., what Section 54956.8 pertains to. I can't imagine how Pacifica could afford anything, but perhaps it might if it could immediately sell 330, and Aimco or Millard Tong (owner of 310 and 320) are the most logical purchasers.

[Dave Yuhas]

If this means what I think it does, it's unfreakin' believable.

[todd bray]

I'm concerned that if Pacifica buys the property, we are then naturally responsible for the cliff. Maybe that is the motivation. If the city owns it, it can get federal grant money for armoring that was denied the private owner.