City Council approves property sale
At a glance
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The City Council unanimously approved the sale of city-owned property at 401 and 403 West Hillcrest Drive and a related development agreement with the Conejo Recreation and Park District.
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What this means
The council approved moving forward with the sale of two city-owned Hillcrest Drive properties and the legal agreement tied to that sale. The action also sets aside $30.4 million in expected sale revenue in the next fiscal year and $175,000 for title and survey work needed to complete the transaction. The vote was 5-0, so the proposal passed without opposition.
Key decisions
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- Approved the sale of 401 and 403 West Hillcrest Drive to the Conejo Recreation and Park District.
- Authorized the City Manager to execute documents needed to complete the sale.
- Introduced the ordinance approving the related development agreement.
- Approved $175,000 for title and survey services related to the property sale.
- Appropriated $30.4 million in expected property sale revenue for FY 2026-27.
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Meeting information
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Thousand Oaks City Council Regular Meeting (Closed Session)
Agenda
- CONFERENCE WITH REAL PROPERTY NEGOTIATORS — Property: 1868 Thousand Oaks Blvd.; APN: 670-018-2050; Thousand Oaks, CA; NEGOTIATING ON BEHALF OF CITY: Akbar Alikhan, Deputy City Manager; Jaime Boscarino, Finance Director; NEGOTIATING ON BEHALF OF PROPERTY OWNER 1868 TO LLC: Amid Saremi and Daria Saremi; Pursuant to Government Code section 54956.8.A.Decision: 3. CLOSED SESSION:
- General, Utilities, Golf Course, and Theatres Demands RECOMMENDATION: Ratify December 10, 2025, December 17, 2025, December 24, 2025, December 31, 2025, and January 7, 2026; approve January 14, 2026, and January 21, 2026, subject to review and ratification LEVINE ACT ITEM: NoA.Decision: 9. CONSENT CALENDAR:
- Minutes of City Council meeting of December 9, 2025 RECOMMENDATION: Approve LEVINE ACT ITEM: NoB.Decision: 9. CONSENT CALENDAR:
- Letter of Public Convenience and Necessity (LPCN 2025-70001) for 2150 East Thousand Oaks Boulevard RECOMMENDATION: 1. Approve and authorize the Community Development Director to send a Letter of Public Convenience and Necessity (LPCN) to the California Department of Alcoholic Beverage Control (ABC) for the proposed Erewhon Natural Foods Market to be located at 2150 East Thousand Oaks Boulevard. 2. Find that this action is not a project as defined under the California Environmental Quality Act (CEQA) Guidelines. LEVINE ACT ITEM: NoC.Decision: 9. CONSENT CALENDAR:
- Energy Information System Agreement Amendment RECOMMENDATION: 1. Approve Fifth Amendment to Professional Services Agreement (Contract No. 12649-2021) with SitelogIQ, Inc. of Ontario, CA, to extend the term of the agreement to January 25, 2027, and increasing the amount of the agreement by $20,224 for a revised not-to-exceed amount of $164,283.80. 2. Authorize expenditure in FY 2025-26 and FY 2026-27 in the amount of $20,224 as follows: $11,596 from A/C #001-5060-612-5699 (General Fund, Contracted Services), $4,028 from A/C #001-5060-612-6210 (General Fund, Intangibles/Software License), and $4,600 from A/C #001-5060-612-4300 (General Fund, Computer Software Maintenance). 3. Find that this action is not a project as defined under the California Environmental Quality Act (CEQA). LEVINE ACT ITEM: YesD.Decision: 9. CONSENT CALENDAR:
- Hill Canyon Treatment Plant Slope Stabilization Project (CI 5736) RECOMMENDATION: 1. Approve First Amendment to Professional Services Agreement (Contract No. 14071-2025) with Cotton, Shires and Associates, Inc. (Thousand Oaks, CA), for additional design/monitoring services in the amount of $75,000, for a revised not-to-exceed amount of $194,000, plus extra services of $7,500, for a total not-to-exceed amount of $213,400, considering previously authorized extra services of $11,900, with a term ending June 30, 2027. 2. Authorize expense in the amount of $82,500 ($75,000 agreement amendment, plus extra services of $7,500) from A/C #624-8250-682-8300 (Wastewater Fund – Capital Improvements, CI 5736). 3. Find that this action is not a project as defined under the California Environmental Quality Act (CEQA). LEVINE ACT ITEM: YesE.Decision: 9. CONSENT CALENDAR:
- Annual Appointment of City Treasurer and Adoption of Investment Policy RESOLUTION RECONFIRMING JAIME BOSCARINO AS CITY TREASURER FROM FEBRUARY 1, 2026, THROUGH JANUARY 31, 2027, AND ADOPTING UPDATED INVESTMENT POLICY RECOMMENDATION: Adopt resolution reconfirming Jaime Boscarino as City Treasurer until January 31, 2027, and approving City’s Investment Policy. Find that this action is not a project as defined under the California Environmental Quality Act. LEVINE ACT ITEM: NoF.Decision: 9. CONSENT CALENDAR:
- Thousand Oaks Plan to Assist School Sites Annual Project List RECOMMENDATION: 1. Approve Thousand Oaks Plan to Assist School Sites (TOPASS) Annual Project List for Fiscal Year 2025-26 totaling $715,000 submitted by Conejo Valley Unified School District (CVUSD). 2. Find that this action is not a project as defined under section 15378(b)(5) of the California Environmental Quality Act Guidelines. LEVINE ACT ITEM: NoG.Decision: 9. CONSENT CALENDAR:
- Traffic Signal at Avenida De Los Arboles and Avenida De Las Plantas (CI 5597) RECOMMENDATION: 1. Approve Professional Services Agreement with Kimley-Horn and Associates, Inc. (Los Angeles, CA) to provide engineering and design services for the Traffic Signal at Avenida De Los Arboles and Avenida De Las Plantas Project (CI 5597) in an amount of $148,910, plus extra services of $14,890 with a total not-to-exceed amount of $163,800, and a term ending June 30, 2027. 2. Approve budget appropriation transfer in the amount of $18,800 from FY 2026-27 to FY 2025-26 in A/C #551-5560-631-8300 (Developer Fee Fund Improvements other than Buildings - CI 5597). 3. Authorize expenditure in the amount of $168,800 ($148,910 Agreement, plus extra services of $14,890 and $5,000 for City Furnished Materials and Supplies) from A/C #551-5560-631-8300 (Developer Fee Fund Improvements other than Buildings - CI 5597). 4. Find that this action is not a project as defined under the California Environmental Quality Act. LEVINE ACT ITEM: YesH.Decision: 9. CONSENT CALENDAR:
- Citywide Concrete Replacement, Sidewalk Repairs (MI 2659), and Citywide Curb Ramps (CI 5734) Construction Contract RECOMMENDATION: 1. Approve project design, plans, and specifications, including Addendum No. 1 for construction of the Citywide Concrete Replacement and Sidewalk Repairs FYs 2025-2027 (MI 2659), and Citywide Curb Ramps FYs 2025-2027 (CI 5734) Project. 2. Award construction contract to Toro Enterprises, Inc. (Oxnard, CA) in the amount of $1,546,438 plus a contingency of $154,150. 3. Approve budget appropriation transfer as follows: $214,938 from FY 2026-27 to FY 2025-26 from A/C #133-5310-631-5500 (Gas Tax Fund, Construction - MI 2659) and $155,650 from FY 2026-27 to FY 2025-26 from A/C #137-5310-631-8300 (Gas Tax Fund, Improvements other than Buildings - CI 5734). 4. Authorize expenditure in the amount of $1,710,588 as follows: $1,054,938 ($954,938 construction contract, $95,000 construction contingency, and $5,000 City furnished materials) as follows: $360,000 from A/C #001-5310-631-5500 (General Fund, construction – MI 2659) and $694,938 from A/C #133-5310-631-5500 (Gas Tax Fund, construction – MI 2659); and $655,650 ($591,500 construction contract, $59,150 construction contingency, and $5,000 City furnished materials) from A/C #137-5310-631-8300 (Gas Tax Fund, Improvements other than Buildings – CI 5734). 5. Delegate authority to the City Engineer to approve changes in the design, plans, specifications, and working details of the project on work directives and change orders up to the project-approved contingency amount. 6. Find that the project is Categorically Exempt from the California Environmental Quality Act (CEQA) pursuant to 14 CCR 15301. LEVINE ACT ITEM: NoI.Decision: 9. CONSENT CALENDAR:
- Proposed 2026 City Councilmember Committee Assignments RECOMMENDATION: Approve proposed 2026 Calendar year City Councilmember Committee Assignments. Find that this action is not a project as defined under the California Environmental Quality Act. LEVINE ACT ITEM: NoJ.Decision: 9. CONSENT CALENDAR:
- 2026 Southern California Association of Governments General Assembly Delegate Representative RECOMMENDATION: Designate Councilmember Al Adam as the Delegate Representative and Mayor Pro Tem Bob Engler as the Alternate Representative for the City at the Southern California Association of Governments (SCAG) Regional Conference and General Assembly, which will take place May 7-8, 2026. Find that designating a delegate is not a “project” under the California Environmental Quality Act Guideline Section 15378(b)(5). LEVINE ACT ITEM: NoK.Decision: 9. CONSENT CALENDAR:
- Ventura County Citizens Transportation Advisory Committee Appointment RECOMMENDATION: 1. Approve the appointment of Geoffrey Ware to fill a regular member position; term ending November 30, 2027, on the Ventura County Citizens Transportation Advisory Committee. 2. Find that this action is not a project as defined under the California Environmental Quality Act. LEVINE ACT ITEM: NoL.Decision: 9. CONSENT CALENDAR:
- Development Impact Fees: Annual Review of Accounts as of June 30, 2025 RECOMMENDATION: 1. Receive and file report. 2. Find that this action is not a project as defined under section 15378(b)(5) of the California Environmental Quality Act Guidelines. LEVINE ACT ITEM: NoM.Decision: 9. CONSENT CALENDAR:
- Ratification of TOArts Board of Directors RECOMMENDATION: 1. Ratify the appointments of Aerin LeDuc-Gummeson, Victor Fakrogha, and Dr. Michael Hart to the Board of Directors of TOArts each for a term of three years ending December 31, 2029. 2. Find that this action does not qualify as a project as defined under the California Environmental Quality Act. LEVINE ACT ITEM: NoN.Decision: 9. CONSENT CALENDAR:
- Financial Reports for Fiscal Year Ended June 30, 2025 RECOMMENDATION: 1. Receive and file financial reports. 2. Find that this action is not a project as defined under section 15378(b)(5) of the California Environmental Quality Act Guidelines. LEVINE ACT ITEM: NoO.Decision: 9. CONSENT CALENDAR:
- Lease Agreement with New West Symphony Association RECOMMENDATION: 1. Approve Lease Agreement with New West Symphony Association (New West), for a month-to-month agreement term of January 1, 2026, through June 30, 2028, or through the corresponding period of Resident Company status, whichever is sooner. 2. Find that this action is not a project as defined under the California Environmental Quality Act. LEVINE ACT ITEM: YesP.Decision: 9. CONSENT CALENDAR:
- Sale of City-Owned Property at 401/403 West Hillcrest Drive and Related Development Agreement Ordinance APPROVING A DEVELOPMENT AGREEMENT WITH THE CONEJO RECREATION AND PARK DISTRICT, RELATING TO CITY-OWNED PROPERTY LOCATED AT 401 & 403 WEST HILLCREST DRIVE (APNS 525-0-060-125, 525 ‐ 0 ‐ 053 ‐ 115, 525 ‐ 0 ‐ 053 ‐ 175, 525-0-060-135, 525 ‐ 0 ‐ 053 ‐ 195, 525 ‐ 0 ‐ 060 ‐ 085, 525 ‐ 0 ‐ 060 ‐ 095, 525 ‐ 0 ‐ 060 ‐ 115 ), THOUSAND OAKS, CALIFORNIA [Development Agreement (DAGR) 2025-70004] 1ST READING RECOMMENDATION: 1. Approve Purchase and Sale Agreement (PSA) related to the sale of 401/403 West Hillcrest properties to Conejo Recreation and Park District. 2. Authorize the City Manager, or designee, to execute all documents necessary to effectuate the sale of 401/403 West Hillcrest properties [Assessor Parcel Numbers (APNs) 525-0-060-125, 525‐0‐053‐115, 525‐0‐053‐175, 525-0-060-135, 525‐0‐053‐195, 525‐0‐060‐085, 525‐0‐060‐095, 525‐0‐060‐115] to the Conejo Recreation and Park District (CRPD) pursuant to the terms and conditions set forth in the Development Agreement (DAGR) and PSA. 3. Read ordinance in title only, waive further reading, and if no objection, introduce ordinance to approve DAGR-2025-70004. 4. Authorize budget appropriation and expenditure in the amount of $175,000 in FY 2025-26 from A/C #001-0000-311-0000 (General Fund, Fund Balance) to A/C #001-3570-612-5699 (General Fund, Contracted Services Other) for consultant services related to American Land Title Association (ALTA) survey and title insurance services for 401/403 W Hillcrest Drive. 5. Authorize budget appropriation in the amount of $30,400,000 in FY 2026-27 from A/C #001-0000-512-0000 (General Fund, Sale of Property) to A/C #001-0000-311-0000 (General Fund, Fund Balance) for revenue from the sale of property. 6. Find that the following actions are exempt from the California Environmental Quality Act (CEQA) pursuant to Section 15061(b)(3): Common Sense Exemption; Section 15312: Surplus Government Property Sales; and Section 15325 - Transfers of Ownership of Interests of Land. LEVINE ACT ITEM: NoA.Decision: 10. PUBLIC HEARINGS:
- Announcements and upcoming issuesA.Decision: 16. CITY MANAGER:
Documents from this meeting
- Presentations and Items Received at the Meetinghttps://toaks.primegov.com/Public/CompiledDocument?meetingTemplateId=8907&compileOutputType=1
- Supplemental Packet 1https://toaks.primegov.com/Public/CompiledDocument?meetingTemplateId=8905&compileOutputType=1
- Supplemental Packet 2https://toaks.primegov.com/Public/CompiledDocument?meetingTemplateId=8906&compileOutputType=1
- Minuteshttps://toaks.primegov.com/Public/CompiledDocument?meetingTemplateId=8900&compileOutputType=1
- Agendahttps://toaks.primegov.com/Portal/Meeting?meetingTemplateId=8899&parentLink=newPublicPortal
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