HomeMy WebLinkAboutAgenda Report - April 5, 1989 (63)CITY OF LODI
PUBLIC WORKS DEPARTMENT
COUNCIL COMMUNICATION
TO: City Council Originally Budgeted: $1,055,000
Budgeted Fund: 17.2 (Sewer
FROM: City Manager Certificates of Participation)
MFTTIIVG DATE April 5, 1989 Total Project Estimate: $1,140,000
AGENDA TITLE: Approve Agreement for Purchase of Land at White Slough Water
Pollution Control Facility (11839, 11889 and 12001 North
Thornton Road), Authorize the City Manager and City Clerk
to Execute All Documents in Connection with this Acquisition
RECOMMENDED ACTION: That the City Council approve the agreement for
purchase of lan at White Slough Water Pollution Control Facility (11839,
11889, and 12001 North Thornton Road), authorize the City Manager and City
Clerk to execute all documents in connection with this purchase.
BACKGROUND INFORMTION: In conjunction with the expansion of the White
51-0-4h Water Water -Pollution Control Facility, there is the need to acquire
app soximately 270 acres of land adjacent to the White Slough Water Pollution
Control Facility (see attached Exhibit A). The owners, Johannes Brockhoff
and Ronald 0. Slate, Co -Trustees of the Bert and Antonia Van Ruiten 1982
Trust, have agreed to accept the City's offer of $1,132,000 for the property
rather than go through the condemnation process. The land is open farmland
which is currently leased by the Tamura Brothers and there is also a
five -bedroom home located thereon which has no tenants at the present time.
The house has been rented in the past and offers good rental income
potential. The lease of the farmland will be assigned to the City. ?he rent
is $39,000 for 1989 which will be prorated at close of escrow.
Funds in the amount of $1,050,000 to purchase this property were included in
the capital improvement program and in the budget for the Certificates of
Participation for the plant expansion. The additional $85,000 is the
difference between the estimate for the land and the appraised amount, as
well as closing cost expenses. The additional funding required will be
charqed to the bond fund as well.
(OaY4"
cL. kmko
ubl c Works Director
JLR/SS/mt
Attachment
APPROVED: _
a.
i nvrirri H. rG I tKJUIV, l,l ty Manager
CWSWPCF8/TXTW.02M
FILE NO.
CITY OF LODI
PUBLIC WORKS DEPARTMENT
Exhibit A
JM Me Oel• Revision Appe. , Approved by
Public MO►Rs Director
RC E
Dote
SII
CITY COUNCIL
JAMES W. PINKERTON, It, Maya
JOHN R (Randy) SNIDER
Mayor Pro Tempore
DAVID M.HINCHMAN
EVELYN M.OLSON
FRED M. REID
CITY_OF LODI
MY HALL, 221 WEST PINE STREET
CALL BOX 3006
LODI. CALIFORNIA 95241-1910
(209) 334-5634
TELECOPIER 1209) 333-6795
April 6, 1989
Ticor Title Insurance Company
Attention: Sue Moore
345 N. E I Dorado Street
Stockton, CA 95203
SUBJECT: Your Order No. 0294704 0000 F i r s t Amend
11839, 11889, & 12001 North Thornton Road
THOMAS A. PETERSON
City Manager
ALICE M.REIMCHE
IRECEIVE0 City Clerk
BOB McNATT
1989 APR -7 AN 8. 2SAttomey
At -ICE M. REIMCHE
CITY CLERK
CITY OF LODI
Enclosed are the following items which pertain to the City's acquisition of
the above property:
a. grant deed
b. copy of the purchase agreement approved by the City Council at its
meeting on April 5, 1989
c. Assignment of Lease
VUn Slate has indicated that there may be a delay in closing escrow, so in
order not to lose interest, the City w i I I wire transfer the money for this
purchase when notified two days prior to the date of the anticipated
closing. Jim Pruss, the Assistant Finance Director, w i I I be handling this
transfer. Please contact him about the transfer at 333-6761.
You are authorized to have the grant deed recorded when the lease payment is
prorated and a policy of t i t I e insurance can be issued i n the amount of the
pLrchase subject to current taxes and exceptions 4, 5, 6, 7, 8, 9, 10, 11,
13, 14, 15 and 16 as long as exception 16 shows that there is no record
interest in the land.
The City is responsible for all title and closing costs. There should be no
fee for recording the grant deed, nor any document transfer tax.
If you need an authorizing signature on escrow instructions, Jack Ronsko,
Public Works Director, w i I I sign those. Please cal I rre a t 333-6706 ifyou
have any questions.
At�G"L? / At— 7e, -
Sharon 131 aufus�
Administrative Assistant
SB/jmr
Enclosure
cc: City Clerk
LTICOR/T„iW. 01J