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File #: 23-0673    Name: Purchase and Sale Agreement for Reedley Courthouse
In control: Internal Services
On agenda: 10/24/2023 Final action: 10/24/2023
Enactment date: Enactment #: Resolution No. 23-331, Agreement No. 23-577
Title: 1. Approve and authorize the Chairman to execute the Purchase and Sale Agreement for the County's purchase of 815 G Street, Reedley, CA 93654 (APN 368-010-06T) ("Property") from the State of California, ("Seller"), with an expected closing date on or before November 30, 2023, for the sum of $312,520 ("Purchase Agreement"); 2. Authorize staff to undertake additional due diligence investigations, including any further environmental studies or appraisals of the Property, as deemed necessary or appropriate by staff, in connection with the County's purchase of the Property; 3. Authorize and direct the Director of ISD/CIO, or their designee, to take any action as deemed necessary or appropriate, all of which shall be consistent with the Purchase Agreement, and the foregoing Board approvals and actions, to: a. Open, carry out, and close escrow for the County's purchase of the Property from Seller; deliver the County's $100,000 deposit; deliver the County's acceptance of Seller's Grant Deed;...
Attachments: 1. Agenda Item, 2. Agreement A-23-577 Form of Sale and Purchase Agt. and Escrow Instructions, 3. Resolution No. 23-331
DATE: October 24, 2023

TO: Board of Supervisors

SUBMITTED BY: Robert W. Bash, Director of Internal Services/Chief Information Officer

SUBJECT: Purchase and Sale Agreement of 815 G Street, Reedley, CA 93654

RECOMMENDED ACTION(S):
TITLE
1. Approve and authorize the Chairman to execute the Purchase and Sale Agreement for the County's purchase of 815 G Street, Reedley, CA 93654 (APN 368-010-06T) ("Property") from the State of California, ("Seller"), with an expected closing date on or before November 30, 2023, for the sum of $312,520 ("Purchase Agreement");
2. Authorize staff to undertake additional due diligence investigations, including any further environmental studies or appraisals of the Property, as deemed necessary or appropriate by staff, in connection with the County's purchase of the Property;
3. Authorize and direct the Director of ISD/CIO, or their designee, to take any action as deemed necessary or appropriate, all of which shall be consistent with the Purchase Agreement, and the foregoing Board approvals and actions, to:
a. Open, carry out, and close escrow for the County's purchase of the Property from Seller; deliver the County's $100,000 deposit; deliver the County's acceptance of Seller's Grant Deed; and obtain title insurance in favor of the County for the Property in the amount of the purchase price of the Property at escrow closing;
b. Review, approve, execute, and/or deliver any Agreements, documents, certificates, notices, and instruments, and any Amendments to any of the foregoing (subject to prior review and approval as to legal form by County Counsel, and, as applicable, as to accounting form by the County Auditor-Controller/Treasurer-Tax Collector), and to take any other actions to initiate, carry out, and finalize the County's purchase of the Property from the Seller; and,
c. Perform any other obligations, or exercise any other rights, of County under the Purchase Agreement to finalize the County's purchase of the Property; and
4. Ad...

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