CC 06-03-2025 Item No. 9. Appoint Negotiator for 10480 Finch Ave_Staff PresentationCity Council meeting
June 3, 2025
10480 Finch Ave
Appoint Negotiators
Subject: Appoint a negotiator for the potential purchase of
10480 Finch Avenue, owned by the Cupertino Unified
School District, adjacent to Sedgwick Elementary School.
Recommended Action: Appoint the Interim City Attorney
and Acting City Manager to negotiate with the
Superintendent of the Cupertino Unified School District or
her designee regarding the possible purchase of 10480
Finch Avenue, Cupertino, CA 95014, Assessor’s Parcel
Number 375-40-067, from Cupertino Unified School District
on terms established by the City Council.
Tonight’s Action
Background
CUSD bought 10480 Finch Ave in 2016 for $5,386,750
Remediation of toxic substances allegedly complete
Property is 1.5 Acres and currently vacant (Zoned R1-6)
Situated adjacent to Sedgewick Elementary
CUSD may be interested in “selling” property to City
Discussion
City interest in acquiring the property for park land
purposes
$13.2M park in-lieu fee funds
City Council direction to initiate effort and appoint
negotiators (Acting City Manager & Interim City Attorney)
Evaluative work to be performed prior to recommendation
Property Location
Property Location
10480 Finch Avenue
Order Necessary Documents (6 to 10 weeks):
•Title Report
•Preliminary Site Assessment
•Appraisal
Closed Session with City Council (Early September)
Begin Discussions with CUSD
Next Steps
Subject: Appoint a negotiator for the potential purchase of
10480 Finch Avenue, owned by the Cupertino Unified
School District, adjacent to Sedgwick Elementary School.
Recommended Action: Appoint the Interim City Attorney
and Acting City Manager to negotiate with the
Superintendent of the Cupertino Unified School District or
her designee regarding the possible purchase of 10480
Finch Avenue, Cupertino, CA 95014, Assessor’s Parcel
Number 375-40-067, from Cupertino Unified School District
on terms established by the City Council.
Tonight’s Action
Thank You!