DATE: December 11, 2018
TO: Board of Supervisors
SUBMITTED BY: Robert W. Bash, Director of Internal Services/Chief Information Officer
SUBJECT: Acquisition of Real Property and Improvements
(6870 E. Kings Canyon, Fresno, CA)
RECOMMENDED ACTION(S):
TITLE
1. Approve the purchase by the County of the real property located at 6870 E. Kings Canyon, Fresno, CA 93729-3605 (APN 313-280-40), including the real property, building, and all improvements ("Property"), excluding certain rocks and trees designated on Exhibit C to the Purchase Agreement, from Seller, Panh Vang, for the sum of $525,000, plus $15,000 estimated closing costs.
2. Approve and authorize the Chairman to execute a Sale and Purchase Agreement and Escrow Instructions ("Purchase Agreement") for the County's purchase of the Property.
3. Authorize staff to undertake additional due diligence investigations, as needed, including any further environmental studies and appraisals of the Property, as deemed necessary or appropriate by staff, in connection with the County's purchase of the Property.
4. Authorize and direct the Director of Internal Services/Chief Information officer, or his/her designee, to take any action as he/she deems necessary or appropriate, all of which shall be consistent with the Purchase Agreement, and the foregoing Board approvals and directions, to:
a. Open, carry out, and close escrow for the County's purchase of the Property from Seller, deliver the County's $50,000 deposit to escrow, deliver the County's acceptance of Seller's Grant Deed at closing, and obtain title insurance in favor of the County for the Property in the amount of the purchase price of the Property;
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 thereof as to legal form by County Counsel, and, if applicable, as to accounting form by the County Auditor-Controller/Treasu...
Click here for full text