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HomeMy WebLinkAboutAgenda Report - August 16, 1995 (60)OF CITY OF LODI COUNCIL COMMUNICATION c4lrF ��P AGENDA TITLE: Hold Harmless Agreement Regarding Sale of Well Site No. 1 MEETING DATE: August 16, 1995 PREPARED BY: Deputy City Attorney RECOMMENDATION: Approve execution of hold harmless agreement. BACKGROUND: The Council has directed staff to dispose of the abandoned City Well Site No. 1 located at 230'/2 East Lodi Avenue. The owner of the adjacent parcel has expressed interest in purchasing the well site, but is concerned with the DBCP, PCE and TCE that may be present on the parcel. If the Council so desires I will draft appropriate hold harmless language which may be presented to the prospective purchaser in the form of a letter in an effort to alleviate his concerns and facilitate the transfer of the property. This language would be fairly narrow so as not to pull the City into any matters with which it is not already involved while still providing the purchaser with some peace of mind. FUNDING: Not applicable. /khn M. L er - `"f Deputy City Attorney APPROVED; THOMAS A. PETERSON City Manager CC -1