In 2017, TAMC entered into a Memorandum of Understanding (MOU) with the City of Salinas and Monterey-Salinas Transit (MST) regarding the Salinas Intermodal Transportation Center (see web attachment 1). Pursuant to that MOU, seven properties acquired by TAMC for the project are to be transferred to the City upon completion of the construction of improvements on those parcels, namely the extension of Lincoln Avenue and associated parking. The construction is now complete.
The seven TAMC properties, totaling 2.224 acres, now comprise 1.27 acres for Lincoln Avenue and just under one acre for parking. In order for Lincoln Avenue to become a City street and for the parking to be included in the City's parking inventory, TAMC will transfer the properties to the City, which already owns property around the TAMC-owned parcels. Per the MOU, TAMC also constructed improvements on said City-owned property, including parking, a bus transfer facility, and associated circulation, stormwater and utility improvements.
Attachment 1 is the draft property transfer agreement, which includes the following exhibits:
A) List of property assessors parcel numbers, addresses, and size (attachment 2);
B) Map showing the original ownership of said properties (attachment 3);
C) TAMC/Salinas/MST Memorandum of Understanding (web attachment 1);
D) Caltrans/TAMC Master Agreement (web attachment 2); and
E) Quitclaim deed template (attachment 4).
Once TAMC and the City of Salinas have agreed to this draft transfer agreement, the California Transportation Commission (CTC) will consider approving it. As the City is contemplating this area for transit-oriented development, per its adopted Vibrancy Plan, the CTC wants the City to commit to replacing any displaced parking in a location walkable to the train station. TAMC and City staff developed a proposed parking replacement strategy that includes TAMC-owned property proximate to the train layover facility (now in final design) and setting aside some spaces in the downtown structure, in addition to on-site replacement parking within the future conceptual development. This concept is reflected in Attachment 5.