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HomeMy WebLinkAboutMINUTES - 08281990 - 1.28 •TD:- BOARD OF SUPERVISORS FROM: Victor J. Westman, County Counsel 6Contra -4;01J:I:h, Costa DATE: August 21, 1990 ler COU* SUBJECT: Agreement Concerning Distribution of Delta Resort Settlement Funds �� ����11 SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION RECOMMENDATION: Approve agreement with the Bethel Island Municipal Improvement District ( "BIMID" ) for the distribution of Delta Resort settlement monies and authorize County Counsel to execute said agreement. BACKGROUND: The County and BIMID brought separate suits against Don Adams and Delta Associates, the owners and operators of the Bethel Island mobilehome park commonly known as "Delta Resort. " A settlement was reached whereby Don Adams agreed to pay $40, 000 to both the County and BIMID as part of a complete settlement of both lawsuits . The County has already received $5,000 (of the $40,000 ) . The remaining $35, 000 will be paid upon the issuance of a land use permit for the Delta Resort property. The subject agreement is to determine how the County and BIMID will split the $40,000 . The agreement provides that the $40,000 be distributed as follows : Of the $5,000 already paid, BIMID will receive $3, 000 and the County will retain $2,000 . Of the $35,000 which will be paid if a land use permit is issued for the Delta Resort property, BIMID will receive $2,000 and the County will receive $33, 000 plus accrued interest. A check for the $35,000 has already been issued and will be held in trust by the Auditor in an interest bearing account until the land use permit is issued. LTF/jh J-5:\a:\resort.f CONTINUED ON ATTACHMENT: YES SIGNATURE: , RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF B ARD COMMITTEE APPROVE OTHER S IC IATUR (S I: ACTION Or BOARD ON AUG 2 8 1990 APPROVED AS RECOMMENDED � OTHER VOTE OF SUPERVISORS 1 HEREBY CERTIFY THAT THIS IS A TRUE UNANIMOUS (ABSENT ) AND CORRECT COPY OF AN ACTION TAKEN AYES: NOES: AND ENTERED ON THE MINUTES OF THE BOARD ABSENT: ABSTAIN: OF SUPERVISORS ON THE DATE -SHOWN. CC:via CountyCounsel ATTESTED AUG 2 8 1990 PHIL BATCHELOR. CLERK OF THE BOARD OF SUPERVISORS AND COUNTY ADMINISTRATOR BY DEPUTY M382/7-83