City of Goleta Purchases City Hall Building

Source: City of Goleta

The City of Goleta is pleased to report that escrow closed [on], November 7, 2019, on the City’s purchase of the current City Hall building and surrounding property located at 130 Cremona Drive.
 
This transaction represents the City’s largest acquisition to date at just over $11,515,000 and the first City Hall building owned by the City. The Goleta City Hall has been located at this site for the past 15 years, with the City paying nearly $750,000 in rent and common area maintenance costs in FY 2018/19 alone.
 
The cost of purchasing versus leasing is estimated to save the City about $64,000 in the first year and the savings would continue to increase in the future. 
City of Goleta Mayor Paula Perotte said, “The acquisition will put the City in the position of owning a sizable asset rather than making lease payments to a private property owner as a tenant.”

The purchase of the building will also provide much needed space to a growing city.

The City currently occupies approximately 26,395 square feet or 2/3 of the nearly 40,000 square foot, two-story building. The remaining 1/3 of the building is currently vacant. A space needs assessment is underway to look at the best use of the overall square footage. Future plans for the building will include the installation of an elevator.

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  1. Great! Now that they own the building, they can use the parking lot to give The 78 homeless living in 5heir vehicles a place to get off 5he streets at night with facilities.
    I hope they do something to help the homeless and not take another year to “research” the homeless issue.
    They know they do not have a warming center and they know 78 are living on the streets.

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