Loading...
2003-1401-Order No. 2003-111 Recorded 11/14/2003REVIEAVED LEGAL COUNSEL COUNTY OFFICIAL NANCYUBLANKENSHIP, COUNTY CLERKDS CJ 2003.1401 COMMISSIONERS' JOURNAL 2003-2401 For 11/ 14/Z003 01;38;44 PM BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON An Order Authorizing Sale Pursuant to Order No. 98-161 (Peter Gassner & Piyajit Gassner). Waugh Road 240-acres. ORDER NO. 2003-111 WHEREAS, Order No. 98-161 authorized the sale of certain property to acquire a project; and WHEREAS, the Board of County Commissioners of Deschutes County adopted Resolution No. 98-122 on October 28, 1998, providing for a hearing for the exchange of real property pursuant to DCC Chapter 11.08 by Deschutes County to acquire a project known as the Health and Human Services Building in Bend, Oregon, the Becky Johnson Community Campus in Redmond, Oregon, the Rainbow House, the New Neighborhood Property in La Pine, Oregon, the Archive Building Property and the Deschutes County 2003 Capital Projects approved by Resolution 2003-009 (Project); and WHEREAS, the Board has considered the sale of the property described in Exhibit "A" attached hereto and by this reference incorporated herein, to the parties and under the terms set forth in Exhibit "B"; WHEREAS, the competitive bid for the property described in Exhibit "A" was the highest bid accepted, meeting all criteria set forth in the sealed bid process; and WHEREAS, the Board of County Commissioners finding that the transfer is for not less than fair market value, now, therefore, THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, HEREBY ORDERS as follows: Section 1. That the real property described in Exhibit "A," attached hereto and by this reference incorporated herein, be sold and transferred pursuant to Order 98-161 for the acquisition of the Project described above. Section 2. That upon review and approval of title by the Deschutes County Legal Counsel, that an earnest money agreement be completed and held until closing. PAGE 1 OF 3 - ORDER NO. 2003-111 (WAUGH ROAD - COUNTY TO GASSNER) (11/12/2003) Section 3. That upon review and approval of title by the Deschutes County Legal Counsel, a deed transferring the property is authorized and all documents relating to this matter shall be signed by Deschutes County Commissioners or its Chair without further action by the Board of County Commissioners. The Deschutes County Property Manager is authorized to sign all other documents necessary to close this transaction in escrow. DATED this 0 day of , 2003. BOARD 01~9OUNTY COMMISSIONERS OF DESCFILT;rE"S COUNTY, OREGON LUKE, ATTEST: ~J TOM DEWOLF, Corgi Recording Secretary I AEL M. DALY, PAGE 2 OF 3 - ORDER NO. 2003-111 (WAUGH ROAD - COUNTY TO GASSNER) (11/12/2003) EXHIBIT "A" LEGAL DESCRIPTION TAXLOT: 171321-00-00100 SIZE: 240-Acres The North half of the Northeast Quarter (N1/2 NE 1/4 the Southeast Quarter of the Northeast Quarter (SE %4 NE %4 the Northeast Quarter of the Southeast Quarter (NE 1/a SE '/4) and the South Half of the Southeast Quarter (S1/2 SE 1/4) all in Section 21, Township 17 South, Range 13 East of the Willamette Meridian, Deschutes County, Oregon. PAGE 3 OF 3 - ORDER NO. 2003-111 (WAUGH ROAD-COUNTY TO GASSNER) (11/12/2003) EXHIBIT "B" Pursuant to Order 98-161, the delayed exchange of real property shall be as follows: 1. The Board, by order, shall determine the fair market value of the real property and set the date proposals will be received to acquire the real property (exchange date) and identify the project to be acquired with the proceeds of the delayed exchange. 2. Each property selected shall be advertised in a newspaper of general circulation for not less than two times in the two weeks preceding a bid opening. Additional advertisements may be placed at the discretion of the property manager. 3. Sealed written proposals for not less than the fair market value shall be received and opened on the exchange date. Proposals may be for cash or for note and trust deed not to exceed 20 years with not less than 10 percent (10%) of the proposal price as a down payment. Interest is determined by the Board as 7.00%. All proposals must be accompanied by a deposit of 10 percent (10%) of proposal price in the form of a cashier's check payable to Deschutes County. 4. The Board, by order, shall exchange the property for the proposals with the highest proposal price that is equal to or exceeds the fair market value determined by the Board. If two or more qualified proposals are of equal price, the proposal received first shall be selected. 5. If a proposal to acquire property under this Order has not closed within 120 days after the exchange date, all proposals may be canceled and the real property may be reselected by Board Order to be available to purchase. 6. Where a property fails to receive an adequate proposal to acquire the property, the acting property manager may list the property with the County's real estate broker of record. 7. The Board may by order exempt an exchange property from competitive proposal where the public interest would be served and the real property is exchanged for not less than its fair market value. PAGE 1 - EXHIBIT "B" To ORDER 2003-111(11/12/2003) LL ui 0, g>~ 4 yw q, Xq Q 0 / i L U O Q L O U O •L- O O 0- r- O -0 co 0 0 (0 o 6e- ~ M O C ~ CU T- . . . , • • . , , • • • • • • • • • ZAP- 0 O r M