Long Beach Unified School District Asset Management Advisory - PowerPoint PPT Presentation

Long Beach Unified School District Asset Management Advisory Committee August 27, 2019 Presented By: Sarine A. Abrahamian, Esq. Orbach Huff Suarez & Henderson LLP

Asset Management Committee Overview Per Education Code sections 17388 et seq., before the District disposes of excess real property, it must appoint an Asset Management Advisory Committee (“Asset Management Committee”) to advise the District in the development of districtwide policies and procedures governing the use or disposition of excess real property. 2

Properties Under Consideration 999 Atlantic Blvd., Long Beach, CA 90813 4310 Long Beach Blvd., Long Beach, CA 90807 1515 Hughes Way, Long Beach, CA 90810 Additional properties to be presented at next meetings 3

999 Atlantic Avenue • Built in 1990 • 3-story office building approx. 19,876 square feet • Lot size is 14,975 square feet (0.344 acres) • Currently vacant 4

4310 Long Beach Blvd. (“Willows”) • Built in 1979 • Office building • Previously used as administrative offices • 15,212 square feet (0.349 acres) • Currently vacant 5

1515 Hughes Way/1511 Hughes Way (“District Office”) Parking Structure • Built in 1984 • Office building and 50% of the adjacent parking structure • Currently used as the District’s Office 6

Criteria for Appointing Asset Management Committee Per Education Code section 17389, the Asset Management Committee must be between 7 and 11 members and representative of the following: Ethnic, age group, and socioeconomic composition of the district Business community (i.e. store owners, managers, or supervisors) Landowners or renters (Preference to be given to representatives of neighborhood associations) Teachers Administrators Parents of students Persons with expertise in environmental impact, legal contracts, building codes, and land use planning including, but not limited to, knowledge of the zoning and other land use restrictions of the cities or cities and counties in which surplus space and real property is located 7

Role of the Advisory Committee Per Education Code section 17390, the Advisory Committee must do all of the following: Review the projected school enrollment, and other data as provided by the district, to determine the amount of surplus space and real property; Establish a priority list of use of surplus space and real property that will be acceptable to the community; Cause to have circulated throughout the attendance area a priority list of surplus space and real property and provide for hearings of community input to the committee on acceptable uses of space and real property; Make a final determination of limits of tolerance of use of space and real property; Forward to the District governing board a report recommending uses of surplus space and real property. 8

Overview of Meetings/Next Steps Information Presented to Committee Districtwide Enrollment Data Presentation Appraisal Reports Preliminary Title Reports Condition/Maintenance Reports Environmental Reports 9

Questions or Comments Sarine A. Abrahamian, Esq. Orbach Huff Suarez & Henderson sabrahamian@ohshlaw.com 10