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HomeMy WebLinkAboutAgenda Report - June 4, 2014 C-09AGENDA ITEM C CITY OF LODI . COUNCIL COMMUNICATION • TM AGENDA TITLE: Authorize City Attorney to Issue "Comfort Letter" to Ford Construction Company, Inc., in Connection with the Purchase of Property Located at 300 West Pine Street MEETING DATE: June 4, 2014 City Council Meeting PREPARED BY: City Attorney's Office RECOMMENDED ACTION: Authorize City Attorney to Issue "Comfort Letter" to Ford Construction Company, Inc., in connection with the purchase of property located at 300 West Pine Street. BACKGROUND INFORMATION: The former City Finance Building, located at 300 West Pine Street, potentially overlies the PCE/TCE Central contamination plume. The site was not connected with the contamination, and the City has entered settlement agreements with all known responsible parties. Russell G. & Kathryn A. Munson, owners of the site are in negotiations to sell the property to Ford Construction Company, Inc. The Buyers are concerned about the potential for the City to pursue recovery against them upon their purchase of the site. This concern could be allayed through the issuance of a "Comfort Letter" which would, with certain qualifications, indicate the City's determination not to pursue the Buyers or their successors. Based upon my understanding that the Council does not desire to expand the litigation and the settlement with the owners of the site, I recommend the Council authorize me to issue a "Comfort Letter" in the form attached hereto. FISCAL IMPACT: N/A FUNDING AVAILABLE: N/A Approved: ;M=agdich Interim City Attorney CITY HALL 221 WEST PINE STREET P.O. BOX 3006 LODI, CALIFORNIA 95241-1910 (2 09) 333-6701 (209) 333-6807 FAX June 5, 2014 CITY OF LODI CITY ATTORNEY'S OFFICE Mr. Nick Jones, President Ford Construction Company, Inc. 639 E. Lockeford Street Lodi, California 95240 SUBJECT: 300 West Pine Street, Lodi, CA Dear Mr. Jones: JANICE D. MAGDICH City Attorney Ford Construction Company, Inc., is in the process of purchasing property located at 300 West Pine Street in Lodi situated within or near the Lodi Central Plume Area (CPA). The CPA is a groundwater plume containing Tetrachloroethene (PCE). The City of Lodi has entered into settlements with all of the parties who are known to have contributed contamination to the CPA and has undertaken the obligation to clean up the contaminated soil and groundwater in the CPA. This letter will confirm that the City Council authorized me at its meeting on June 4, 2014, to affirm that the City of Lodi will not pursue environmental claims against Ford Construction Company, Inc., or its successors or assigns under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), or under any other environmental liability theory (such as nuisance) for the contamination in the CPA. This statement of intent does not apply to liabilities that could arise if Ford Construction Company, Inc., or its successors or assigns actually contribute at some future date to the contamination. If you have any questions or concerns regarding this matter, please contact me. ein—ce—rely, \.9 ice D. Ma dich City..Attorney cc: City Council City Clerk