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HomeMy WebLinkAboutMINUTES - 06242014 - C.11RECOMMENDATION(S): DECLARE that this Board on April 22, 2014, approved a Notice of Intention to Sell Real Property (Notice). Said Notice was duly published in the Contra Costa Times in compliance with Government Code Section 25363. Project No. 7520-6B8373 ACCEPT bid in the amount of $765,000 from Francis James and Stephane J. Regan (Optionee). APPROVE the Option Agreement (Agreement) with Optionee. AUTHORIZE the Chair, Board of Supervisors to execute the Agreement, and any necessary extensions provided for in said Agreement, on behalf of the Contra Costa County Flood Control and Water Conservation District (District). AUTHORIZE the Chair, Board of Supervisors to execute a Grant Deed to Francis James and Stephanie J. Regan on behalf of the County. DIRECT the Real Estate Division of the Public Works Department to cause said Grant Deed to be delivered to the Optionee upon performance and compliance by the Optionee of all terms and conditions set forth in the Agreement FISCAL IMPACT: The District will deposit 100% of the funds into the Flood Control Zone 3B Revenue Fund. APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 06/24/2014 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYES 5 NOES ____ ABSENT ____ ABSTAIN ____ RECUSE ____ Contact: Olivia D. Reynolds (925) 313-2306 I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: June 24, 2014 David J. Twa, County Administrator and Clerk of the Board of Supervisors By: Stacey M. Boyd, Deputy cc: County Administrator, Auditor-Controller, County Recorder, Teri Rie, Flood Control, Lori Brown, Finance, PW Records C. 11 To:Board of Supervisors From:Julia R. Bueren, Public Works Director/Chief Engineer Date:June 24, 2014 Contra Costa County Subject:APPROVE the Sale of Surplus Real Property to Francis James and Stephanie J Regan, Alamo area. BACKGROUND: The District acquired the real property at 1420 Livorna Road, Alamo, CA in March of 1989, for flood control purposes. On April 22, 2013, the Board of Supervisors determined a portion of said property to be surplus and no longer needed for public purposes. The Notice of Public Land Sale set May 21, 2014 as the time and place where oral bids would be received and considered. The highest bid received for the real property, in accordance with the terms and conditions of sale approved by this Board, was $765,000 by Optionee, at which time the amount of $10,000 was deposited as an option-bid deposit to secure completion of the transaction. CONSEQUENCE OF NEGATIVE ACTION: The District will continue to own and be responsible for the upkeep and maintenance of the subject property. CHILDREN'S IMPACT STATEMENT: Not applicable. ATTACHMENTS Option Agreement Grant Deed & Exhibit A