HomeMy WebLinkAboutMINUTES - 01261993 - 1.15 i
TO: BOARD OF SUPERVISORS
FROM: J. MICHAEL WALFORD, PUBLIC WORKS DIRECTOR
DATE: JANUARY 26, 1993
SUBJECT: BUCHANAN FIELD AIRPORT - ENVIRONMENTAL ASSESSMENT
SPECIFIC REQUESTS) OR RECOMMENDATION(S) &BACKGROUND AND JUSTIFICATION
I. Recommended Action:
AUTHORIZE the Public Works Director to ENTER into an agreement with the Embarcadero
Mortgage Company, on behalf of the County, to assign rents for the purpose of determining the
extent of soil contamination on a portion of the Buchanan Field Airport.
II. Financial Impact:
Will temporarily delay collection of a portion of past-due rents.
III. Reasons for Recommendations and Background:
County-owned land located on the east side of the Buchanan Field Airport, and leased to an
aviation-related tenant ("Tenant"), has reportedly been contaminated by leaking underground
aviation fuel tanks. Further examination of the soil is necessary to determine the extent of the
contamination, and the cost to clean the soil. The Embarcadero Mortgage Company
("Embarcadero") is the holder of a second trust deed on the leasehold interest, and has agreed to
hire an environmental consultant for these purposes.
Embarcadero has reached an agreement with the Tenant whereby rents generated from the
property, that would be collected by the Tenant, would instead be paid to County as payment for
Tenant's past-due rent. The assignment of a portion of these rents to Embarcadero appears to be
the most expeditious method for providing the necessary environmental assessment of the property.
The remainder of these rents shall be retained by County to offset Tenant's arrearages. Base rents
shall continue to be retained by County.
Continued on Attachment: SIGNATURE:
_RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF'BOARD COMMITTEE
APPROVE OTHER
SIGNATURE(S):
ACTION OF BOARD ON j AN 2 6 INA APPROVED AS RECOMMENDED X_OTHER
VOTE OF SUPERVISORS
UNANIMOUS (ABSENT )
AYES: NOES:
ABSENT: ABSTAIN: I hereby certify that this is a true and correct copy of
an action taken and entsied on the minutes of the
HEW:DRA: Board of Supe`Al y t e date shown.
EMCagree.brd:kauf ATTESTED: "^ '" r 1993_ �.
PHIL BATCHELOR,Clerk of the Board
Orig Div: Airports (Dick Awenius 646-5722) of Supervisors and County Administrator
cc: County Administrator '
Public Works Director By _ ,Deputy
Public Works Accounting
Auditor/Controller
Aviation Advisory Committee
Federal Aviation Administration
Embarcadero Mortgage Company
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