2021-447-Order No. 2021-044 Recorded 11/15/2021REVIEWED
LEGAL COUNSEL
i
Recorded in Deschutes County CJ2021-447
Steve Dennison, County Clerk 11/15/2021 4:36:23 PM
Commissioners' Journal
f., co
2021-447
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON
An Order Designating Kristie Bollinger, the
Deschutes County Property Manager, as the
Deschutes County Representative for the Purpose
of Signing Documentation for the Sale of
Deschutes County Owned Property Located at
51205 Silver Lake Lane, La Pine, Oregon 97739
* ORDER NO. 2021-044
WHEREAS, the Board of County Commissioners of Deschutes County has authorized the sale of
property located at 51025 Silver Lake Lane, La Pine, Oregon 97739 to True Blue LLC and a single member
Rebecca E. Nagle; and
WHEREAS, Deschutes County received an offer from True Blue LLC and a single member- Rebecca E.
Nagle to purchase property (Purchase and Sale Agreement or PSA) for Ninety Three Thousand Sixty Eight
Dollars and Sixty Nine Cents ($93,065.69), subject to a due diligence period scheduled to expire in Sixty (60)
Days from the date the PSA is executed; and
WHEREAS, True Blue LLC and single member Rebecca E. Nagle have paid Nine Thousand Three
Hundred
Six Dollars and
Eighty
rgrny Seven r.eits (,mpny,3vnv.no7) nanncst Money that will be applied to 'theo purchase
price at closing; and
WHEREAS, the transaction closing is projected to occur within Thirty Five (35) Days after the due
diligence period or from when True Blue LLC and a single member Rebecca E. Nagle removes contingencies, at
which time documents necessary to conclude the transaction need to be signed on behalf of Deschutes County as
the seller; now, THEREFORE,
THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OR-EGON, HEREBY
ORDERS as follows:
Section 1. Kristie Bollinger, the Deschutes County Property Manager, is designated as the Deschutes
County representative for the purpose of signing the necessary documents for the sale of property located at
51205 Silver Lake Lane, La Pine, Oregon 97739.
SIGNATURES ON FOLLOWING PAGE
PAGE 1 OF 2- ORDER No. 2021-044
Dated this /0 of cid , 2021
ATTEST:
Recording Secretary
BOARD OF COUNTY COMMISSIONERS
OF DESCHUTES COUNTY, OREGON
AN HONY D BONE, Chair
PHIL CH NG, Vice Char
P TTI ADAIR, Commissioner
PAGE 2 of 2- ORDER No. 2021-044
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Maptax #221014DD00800
Doc# Finley Butte Indst. Park Phase 1- 1.22 Acres
Created: 11/2/2021
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BOARD OF
COMMISSIONERS
MEETING DATE: Wednesday, November 10, 2021
SUBJECT: Consideration of Board Signature for Order No. 2021-044, authorizing the
Deschutes County Property Manager to execute the documents associated with
the sale of County -owned property located at 51205 Silver Lake Lane, La Pine,
Oregon 97739
RECOMMENDED MOTION:
Move to approve and sign Board Order No. 2021-044, authorizing the Deschutes County
Property Manager to execute the documents associated with the sale of County -owned
property located at 51205 Silver Lake Lane, La Pine, Oregon 97739
BACKGROUND AND POLICY IMPLICATIONS:
Deschutes County owns property in the Finley Butte Business Park known as Map and TaxLot
221014DD00800 located at 51205 Silver Lake Lane, La Pine. The Tax Lot is 1.22-acres and the
Real Market Value (RMV) by the Assessor's Office is $138,170.
True Blue LLC and a single member Rebecca E. Nagle have made an offer to purchase the
property described above. The business includes towing and recovery services, which services
the greater -La Pine area including Sunriver, Crescent, Chemult, the Cascade Lakes and all state
and county roadways within the region. It serves as the primary AAA regional provider,
responds to Oregon State Police and Deschutes County Sheriffs Office calls for assistance
related to crashes, abandoned vehicles, etc., and serves many other commercial towing needs
within the area.
The ownership intends to develop the property to include a 3,800 square foot building and
large fenced storage area to support its operations. Estimated project investments includes +/-
$350,000 for permitting, infrastructure and development costs, plus cost to acquire the
property. The business currently employs nine staff, and because of the anticipated
development, an estimated 11 newjobs will be created in the region.
Highlights of the offer includes,
1. $93,068.69 sale/purchase price (equates to $76,285/acre or $1.75 PSF)
2. $9,306.87 refundable earnest money (becomes nonrefundable after purchaser
removes contingency)
3. 60-day (calendar) contingency/due diligence period
4. Closing to occur within approximately 20 and 35 calendar days after purchaser accepts
the condition of property
In 2019, the County and City of La Pine (City) entered into an Intergovernmental Agreement
(IGA) that provided the City full power and authority for the marketing, promotion and sale
negotiations for County -owned property located in the industrial area (La Pine Industrial,
Newberry Business Park and Finley Butte Industrial Park) for the purpose of economic
development. The IGA provides for a 50/50 split of gross proceeds from sales.
The City and Sunriver La Pine Economic Development (SLED) support the transaction
including the sales price and the City Manager, Geoff Wullschlager has signed the Purchase
and Sale Agreement accordingly.
BUDGET IMPACTS:
Proceeds of the property sale totaling $93,068.69 will be allocated between the County and the
City per the terms of the IGA.
ATTENDANCE:
Kristie Bollinger, Property Manager