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2022-221-Order No. 2022-034 Recorded 6/23/2022R(EEV�IEnW�ED tA/ V 1 , LEGAL COUNSEL Recorded in Deschutes County CJ2022-221 Steve Dennison, County Clerk 06/23/2022 8:35:29 AM Commissioners' Journal 2022-221 BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON An Order Designating the Deschutes County Property Manager, Kristie Bollinger as the Deschutes County Representative for the Purpose of Signing Documentation for the Sale of Deschutes County Owned Property Located at 51950 Huntington Road and 51850 Bluewood Avenue, La Pine, Oregon 97739 • : G ► •�Gj17Gj►El�i! WHEREAS, the Board of County Commissioners of Deschutes County has authorized the sale of property located at 51950 Huntington Road (Quadrant 2a) and 51850 Bluewood Avenue (Quadrant 2d), La Pine, Oregon 97739 to DR Horton, Inc.; and WHEREAS, on December 10, 2021, Deschutes County issued a Request for Proposals (RFP) for Quadrant 2a and Quadrant 2d for Real Property Disposition and Development of said property; and WHEREAS, Deschutes County received two proposals for Quadrant 2a and three proposals for Quadrant 2d; and WHEREAS, on March 11, 2022, Deschutes County issued a Notice of Intent to Award a Purchase and Sale Agreement for said properties to DR Horton, Inc. (Buyer); and WHEREAS, Buyer's proposal in response to the RFP included a purchase price of Ten Million Seventy Thousand ($10,070,000) dollars for said properties; and WHEREAS, Deschutes County and Buyer have completed the negotiation process and are prepared to execute a Purchase and Sale Agreement for said property; and WHEREAS, once Buyer has completed its ninety (90) day feasibility period (with the option to extend up to but not exceed an additional one hundred fifty (150) days if needed), Buyer agrees to deposit ten (10) percent of the purchase price or One Million Seven Thousand ($1,007,000) dollars as earnest money into escrow; and WHEREAS, Buyer reserves the right to close the transaction after the feasibility period or after the entitlement process is completed; now, THEREFORE, THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, HEREBY ORDERS as follows: Section 1. The Deschutes County Property Manager, Kristie Bollinger is designated as the Deschutes County representative for the purpose of signing the necessary documents for the sale/closing of the transaction for property located at 51950 Huntington Road and 51850 Bluewood Avenue, La Pine, Oregon 97739. PAGE 1 of 2- ORDER No. 2022-034 Dated this of , 2022 BOARD OF COUNTY COMMISSIONERS OF ESCHUTES COUNTY, OREGON 6) r"�' ktcA� PAT I ADAIR, Chair 6 ANTHONY DEBONE, Vice Chair ATTEST: Recording Secretary PHIL CHANG, Commissioner PAGE 2 OF 2- ORDER No. 2022-034