REPORT/RECOMMENDATION TO THE BOARD OF SUPERVISORS
OF SAN BERNARDINO COUNTY
AND RECORD OF ACTION
May 6, 2025
FROM
TERRY W. THOMPSON, Director, Real Estate Services Department
ARLENE MOLINA, Director, Preschool Services Department
SUBJECT
Title
Acquisition of Improved Real Property in Rancho Cucamonga for the Preschool Services Department
End
RECOMMENDATION(S)
Recommendation
1. Find that the acquisition of approximately 2.60 acres of real property, improved with an office building, totaling approximately 39,600 square feet, located at 8163 Rochester Avenue in Rancho Cucamonga (Assessor's Parcel Number 0229-023-06-0000), is an exempt project under the California Environmental Quality Act Guidelines Section - 15301 Existing Facilities (Class I) and Section 15332 - Infill Development Projects (Class 32).
2. Approve Capital Improvement Program Project No. 25-071 to acquire approximately 2.60 acres of real property improved with an office building, totaling approximately 39,600 square feet, located at 8163 Rochester Avenue in Rancho Cucamonga (Assessor's Parcel Number 0229-023-06-0000), for the purchase price of $12,000,000, with estimated transaction fees and administrative costs of $156,100, for a total project cost of $12,156,100.
3. Authorize the acquisition of approximately 2.60 acres of real property improved with an office building, totaling approximately 39,600 square feet, located at 8163 Rochester Avenue in Rancho Cucamonga (Assessor's Parcel Number 0229-023-06-0000), for the purchase price of $12,000,000, independent consideration payment of $100, escrow expenses and title fees estimated to be $6,000, due diligence inspection costs estimated to be $100,000 and administrative costs estimated to be $50,000 for a total estimated one-time cost of $12,156,100.
4. Approve Purchase and Sale Agreement and Joint Escrow Instructions with CFRE Holdings I, LLC, a Delaware Limited Liability Company, to set forth the terms for an acquisition of the im...
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