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Report regarding anticipated proceeds from the sale of DNA Way, Point San Bruno Boulevard, and a portion of Cabot Road to Genentech and potential uses of these funds. (Sharon Ranals, City Manager)?
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RECOMMENDATION??
Staff recommends that the City Council receive a report on funding projections from the sale of DNA Way, Point San Bruno Boulevard, and a portion of Cabot Road to Genentech. Staff is seeking Council concurrence to commit these funds to the construction of a new Fire Station 63 at 71 Camaritas.
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BACKGROUND?
On June 25, 2025, the City Council approved the sale of DNA Way, Point San Bruno Boulevard, and a portion of Cabot Road to Genentech for a purchase price of $25 million. The sale should close escrow by the end of 2025, at which point the sale proceeds will transfer to the City's General Fund and be held in reserve until City Council appropriates or designates them for a specific use. These sale proceeds are unrestricted.
DISCUSSION
Allocation of these one-time funds to construct a place-making legacy civic building that will serve current and future generations with public safety amenities is a compelling use. Construction costs have continued to escalate over time; to delay replacement of this critical safety building will increase the amount of funding that will be required.
Fire Station 63
As thoroughly described in the October 29, 2025 staff report, "Report regarding a Fire Station 63 project update and two resolutions approving amendments to the Consulting Services Agreements with Kitchell CEM for program and construction management services and SmithGroup, Inc. for architectural design services for the Civic Campus Projects," the City is in the process of designing the much-needed replacement station for Fire Station 63 currently located at the Municipal Services Building at 33 Arroyo Drive.
The current facility is significantly undersized and does not meet today's standards for critical facilities. A grant f...
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