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File #: 21-0466    Name: Purchase Agreement 333 Pontiac Way
In control: Internal Services
On agenda: 6/22/2021 Final action: 6/22/2021
Enactment date: Enactment #: Agreement No. 21-234
Title: 1. Approve and authorize the Chairman to execute the Purchase/Sale Contract (PSA) for the County's purchase of 333 W. Pontiac Way, Clovis, CA 93612 (APN 493-070-82S) (the Property) from Botfee, LLC, for $4,575,000. 2. Authorize and direct the Director of Internal Services/Chief Information Officer (ISD Director) to execute the final form of the PSA, with an expected closing date on or before June 30, 2021 (and initialing approval of the "sale as-is" clause), subject to final approval by the County Counsel as to legal form (Counsel Approval), and by the County Auditor-Controller/Treasurer-Tax Collector as to accounting form (ACTTC Approval). 3. Authorize Internal Services Department (the Department) 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. 4. Authorize and direct the ISD Director, or his designee...
Attachments: 1. Agenda Item, 2. Agreement A-21-234 Purchase Sale Contract Pontiac Way, 3. Declaration
DATE: June 22, 2021

TO: Board of Supervisors

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

SUBJECT: Purchase of 333 W. Pontiac Way

RECOMMENDED ACTION(S):
TITLE
1. Approve and authorize the Chairman to execute the Purchase/Sale Contract (PSA) for the County's purchase of 333 W. Pontiac Way, Clovis, CA 93612 (APN 493-070-82S) (the Property) from Botfee, LLC, for $4,575,000.

2. Authorize and direct the Director of Internal Services/Chief Information Officer (ISD Director) to execute the final form of the PSA, with an expected closing date on or before June 30, 2021 (and initialing approval of the "sale as-is" clause), subject to final approval by the County Counsel as to legal form (Counsel Approval), and by the County Auditor-Controller/Treasurer-Tax Collector as to accounting form (ACTTC Approval).

3. Authorize Internal Services Department (the Department) 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.

4. Authorize and direct the ISD Director, or his designee, to take any action as he deems necessary or appropriate, all of which shall be consistent with the PSA, 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 $25,000 deposit; execute and 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 Counsel Approval, and, if applicable, ACTTC Approval), and to take any other actions to initiate, carry out, and finalize the County's...

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