The Pomona Unified School District (“Owner”) owns a property known as “Rio Rancho / Bonanza” located at 2255 S. Garey Ave., Pomona, CA 91766. On April 18, 2018 the Pomona Unified School District’s Board of Education confirmed the surplus status of the Property and authorized staff to move forward with the process for sale, lease or development of the property.
On April 26, 2018, the Board took action to seek a waiver from the State Board of Education for a waiver of certain legal requirements otherwise applicable to surplus property sales or leases. This waiver will streamline procedures applicable to the disposition of surplus school property and will provide the District with the greatest possible flexibility in marketing the Property. It is anticipated that the waiver will be granted by the State Board at its meetings on July 11-12, 2018. If approved, the waiver will apply to Education Code sections 17473 and 17474, and to portions of sections 17455, 17466, 17469, 17472 and 17475.
A PROPOSER SHALL SUBMIT A DIGITAL OFFER PACKAGE IN ELECTRONIC FORMAT AT, OR BEFORE, 4:00 P.M. ON JULY 20, 2018. SEE THE PROPOSAL REQUIREMENTS SECTION OF THE OFFERING MEMORANDUM FOR ADDITIONAL INFORMATION.
The Property (also known as “Rio Rancho/Bonanza”) is a flat, vacant site of approximately 8.96 acres surrounded by commercial areas and single family homes. The Property’s corner, which is located on South Garey Avenue and Rio Rancho Road, has commercial uses on all three corners. The Property is a less than five minute drive to Highway 60 and 71. There is single family residential on the west side of the property and the Owner has leased the adjoining 5.33 acres to the south to the Goals Soccer Center on a long term ground lease (see property map below). That parcel (-902) will be divided upon sale of the subject Property. The site was used for agricultural purposes from the 1920s – 1950s and then as a market and strip mall (“Bonanza Market”) until 2008 (when the buildings were demolished).
