Explanation
BACKGROUND:
This ordinance transfers funds within various divisions within the general fund to reflect the realignment of departmental responsibilities with respect to management of city assets. This realignment, accomplished through separate code change legislation, places within a single agency; the Department of Finance and Management, (formerly known as the Department of Finance) the responsibility for overall management of land used for city operations (except rights-of-way and utility easements) and prescribed buildings. The responsibilities of this department will include the management of city real property and certain facilities used for city operations, allowing a centralized decision-making process based upon a cost-benefit analysis that will benefit all departments involved with real estate purchases, leases, new construction, renovation, determination of space utilization, and building management and maintenance.
This realignment involves the transfer of the Facilities Management Division to, and the creation of a new Office of Real Estate Management in, the Department of Finance and Management. The Real Estate Management Office will be staffed by transferring six of the thirteen employees currently assigned to Development's Land Management Office. This new office will assume responsibility for the management, acquisition, sale, and leasing of real property used for city operations not involving rights-of-way or utility easements. (The responsibility for non-operating real estate being held for possible redevelopment will remain in the Land Management Office, which will be renamed the Land Redevelopment Office.) A new Assistant Director for Asset Management within the Department of Finance and Management will lead the activities outlined above for the realigned department and will coordinate the work of the Facilities Management Division and Real Estate Management Office.
To accomplish the realignment, the remaining balanc...
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