HomeMy WebLinkAboutResolutions - No. 2018-182RESOLUTION NO. 2018-182
A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING
THE CITY MANAGER TO EXECUTE A PURCHASE AND SALE
AGREEMENT AND ESCROW INSTRUCTIONS WITH
BRADLEY WOMBLE AND LARRY LERTORA FOR
ZO5 EAST LODI AVENUE
WHEREAS, the City of Lodi is a public agency located in the County of San Joaquin,
State of California; and
WHEREAS, the City Council directed staff to begin the process of selling the property at
705 East Lodi Avenue designated as the old Fire Station No. 2, which included a legal process
of bidding; and
WHEREAS, the initial bid came in under the appraised value and was rejected, and
bidding was re-opened; and
WHEREAS, a bid in excess of the appraised value was received, and the property is
being sold "as is" for $415,000 to the highest bidders, Bradley Womble and Larry Lertora who
operate a rubber products business in Stockton and are moving the operation to Lodi.
NOW, THEREFORE, BE lT RESOLVED that the Lodi City Council does hereby
authorize the City Manager to execute a purchase and sale agreement and escrow instructions
with Bradley Womble and Larry Lertora for $415,000 for the purchase of real property at
705 East LodiAvenue and such documents as necessary to complete the sale.
Dated: September 19, 2018
I hereby certify that Resolution No. 2018-182 was passed and adopted by the City
Council of the City of Lodi in a regular meeting held September 19,2018 by the following vote:
AYES: COUNCIL MEMBERS - Chandler, Johnson, Kuehne, Mounce, and
Mayor Nakanishi
NOES: COUNCIL MEMBERS - None
ABSENT: COUNCIL MEMBERS - None
ABSTAIN: COUNCIL MEMBERS - None
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NNIFER
ity Clerk
2018-182
FERRAIOLO