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Rispin Mansion Fate to Be Discussed Thursday

The City is in a tough spot when it comes to the finances of the Rispin property.

Thursday's agenda of the Capitola City Council meeting is short, but contains one whopper of an item: the discussion of the fate of the Rispin property. 

The City bought the property for $1.35 million in 1985. It was then sold to the Redevelopment Agency for that amount in 2003. However, with the dissolution of the RDA in 2011, the City must now decide what to do with the property. 

According to Mayor Mike Termini in his post here on Capitola-Soquel Patch, Capitola is "faced with the successor agency either paying the note to the city or just giving us the property back. If we take the money, the property will be sold."

He also said the council's choices include keeping the property and finding a new use for it or putting it on the market for private ownership.

For many locals, the words "Rispin Mansion" are just played out, as the plagued property has been inaccessible to the public for years. 

"Nothing ever happens with it except for more money getting dumped into it," commenter Dan said on the mayor's blog post. "Sell it, it's a money pit, always has been, always will be, enough is enough, cut our losses!"

To view the full agenda for Thursday's meeting, click here.

What do you think the City should do with the Rispin property? Tell us in the comments! 

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Just One Vote April 26, 2012 at 05:39 PM
Mayor Termini said Capitola's choices for the Rispin are either keeping it OR putting it on the market for "private ownership". I suggest a 3rd choice--What about a joint venture with Central Fire District to move the fire station out of its present location in the flood plain up to a more mall-accessible location? Having both Soquel and Capitola fire stations in flood plains makes no sense, given our recent history. If the Rispin property is publicly developed, Capitola emergency services will have access to both the Village and 41st.Ave. areas even during flood conditions and we'll all be better served. It wouldn't hurt to look at moving the police department "uphill" either.
Jacob Bourne April 26, 2012 at 05:43 PM
Geni, I have no clue if that could actually work or not, but it is a really interesting idea, and who knows if the council or Central Fire has thought about it? Maybe you should stop by the meeting and present that idea during the public hearing!
Michael Termini April 26, 2012 at 06:07 PM
thanks Geni, There are significant obstacles to having any public service operations on the property which require heavy vehicular traffic. The property is protected by an environmental easement which restricts all motorized traffic. There are areas which could be used and I will bring this issue up tonight.
Just One Vote April 27, 2012 at 12:36 AM
Thank you, Mayor Termini, for being willing to think "outside the box", or in this case, outside the flood plain.

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