HomeMy WebLinkAboutRESOLUTIONS - 07261988 - 88-472 1-091
THE BOARD 'OF SUPERVISORS OF CONTRA COSTA COUNTY9 CALIFORNIA
Adopted this Order on July 2 6 , 1988 by the following vote:
AYES: Supervisors Powers ,. Fanden, McPeak, Torlakson $ Schroder
NOES: None
ABSENT: None
ABSTAIN: None
SUBJECT: Certification of "Fair Market Valuer')
of West County Justice Center, ) Resolution No. 88/472
Project B. -Richmond )
Budget Pio. : 4411-4101
Authorization No. : 0928-WH101B
In accordance with the County Jail Capital Expenditure Bond Act, on
November 17, 1983, the County made application to the California Board
of Corrections for a grant to partially fund .the construction of a
560-bed Type II detention facility to house sentenced and unsentenced
inmates; and
The Board of Corrections approved the grant application committing
funds to be used for. construction, but not to exceed 75% of total
eligible project costs; and
As a condition of approving its contract .with the County; the Board of
Corrections requires a resolution from the Board of Supervisors
certifying the site's "fair market value" (part of the County's
project cost match):; and
The "fair market value" is determined to be the sum of site
acquisition and imprvements costs as summarized in. the attached
Exhibit A; the site acquisition cost is based on the appraisal by an
independent fee appraiser as set forth in the attached Exhibit B,
which has been filed in County of Contra. Costa v. Pinole Point
Properties, Inc. , et al. , Contra Costa County Superior Court Action
No. 304210, as the basis for the County"s deposit of probable
compensation.
BE IT RESOLVED by the Board of Supervisors of Contra. Costa County
that, for purposes of the contract with the Board of Corrections, the
"fair, market value" of the West County Justice Center, has been
determined to be $4,965,000, as based partially on the appraisal
summarized in Exhibit B.
1 hereby certify that this is a true end correct copy of
an action taken and entered on the minutes of the
Board of s�,pervisors on the date shown.
ATTESTED: JUL 2 6 138$
PHIL BATCHELOR,Cierk of the Board
of Supervisors and County Administrator
By
j�j/t}$J1� �L�JLL - ,Deputy
Orig. Dept.: CAO, Justice System Programs
cc: CAO
County Counsel.
RESOLUTION NO. 88/ 472