DATE: September 22, 2020
TO: Board of Supervisors
SUBMITTED BY: Dawan Utecht, Director, Department of Behavioral Health
Robert W. Bash, Director of Internal Services/Chief Information Officer
SUBJECT: Sale and Purchase Agreement of 5555 E. Olive, and
5520 E. Hedges, Fresno, CA 93727
RECOMMENDED ACTION(S):
TITLE
1. Approve the form of the Real Estate Sale Contract with Seller (Purchase Agreement) for the County's purchase of 5555 E. Olive Ave. and 5520 E. Hedges Ave., Fresno, CA 93727 (APN 455-223-12) (Property) from Pacific Bell Telephone Company (Seller), for the sum of $9,500,000, which includes the assumption of a lease of a portion of the Property by AT&T Services, Inc., for up to 18 months after the County's purchase of the Property, assumption of an existing cell tower license, and three easement agreements granting easements to the Seller for existing communication equipment.
2. Authorize and direct the Director of Internal Services/Chief Information Officer (Director of ISD/CIO) to execute the final form of the Purchase Agreement, with an expected closing date on or before December 14, 2020 (and initialing approval of the "sale as-is" clause), subject to prior, final review and approval as to legal form by the County Counsel, and, as applicable, as to accounting form by the County Auditor-Controller/Treasurer-Tax Collector.
3. 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.
4. Authorize and direct the Director of ISD/CIO, or his designee, to take any action as he deems 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 $500,000 deposit; deliver the Co...
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