Loading...
2023-54-Order No. 2023-007 Recorded 2/17/2023Steve Dennison, County Clerk Commissioners' Journal Recorded in Deschutes County CJ2023-54 02/17/2023 9:20:35 AM IIIIIIIIiIIIIIII ror lcecorumg damp Vnly 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 to Complete the Sale of Deschutes County Owned Property Located at 19755 Simpson Avenue, Bend, Oregon 97702 * * * ORDER NO. 2023-007 WHEREAS, the Board of County Commissioners of Deschutes County has authorized the sale of property located at 19755 Simpson Avenue, Bend and consisting of 7.12-acres to Central Oregon Regional Housing Authority D.B.A Housing Works; and WHEREAS, on January 21, 2022, Deschutes County issued a Request for Proposals (RFP) for Real Property Disposition and Development of said property; and WHEREAS, Deschutes County received five proposals; and WHEREAS, on March 31, 2022, Deschutes County issued a Notice of Intent to Award a Purchase and Sale Agreement for said property Ly to Central Oregon Regional Housing Authority D.B.A Housing Works KJ and KOR Community Land Trust (Respondent); and WHEREAS, the awarded response to the RFP included a purchase price of One Million Three Hundred Thousand ($1,300,000) Dollars for said property; and WHEREAS, upon a geotechnical assessment of said property by the Respondent's third -party environmental consultant, the assessment concluded that though the property is developable, additional costs will be associated with the development due to existing soil conditions; and WHEREAS, because of additional costs associated with development, Respondent and Deschutes County agreed to a revised sale/purchase price of Five Hundred Thousand ($500,000) Dollars; and WHEREAS, Deschutes County will sell said property to Housing Works (Buyer), and upon completing a property partition with the City of Bend, Housing Works will convey a portion of said property to KOR Community Land Trust for Two Hundred Fifty Thousand ($250,000) Dollars; and WHEREAS, it is anticipated the transaction will close between the County and Buyer on or before June 30, 2023; now, THEREFORE, THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, HEREBY ORDERS as follows: PAGE 1 OF 2- ORDER NO. 2023-007 Section 1. The Deschutes County Property Manager, Kristie Bollinger is designated as the Deschutes County representative for the purpose of signing the necessary documents to complete the sale of property located at 19755 Simpson Avee�nue, Bend, Oregon 97702. Dated this of ,--kb ` , 2023 BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON ATTEST: Recording Secretary PAGE 2 OF 2- ORDER No. 2023-007 ANTHONY DEBONE, Chair PATTI ADAIR, Vice Chair PHIL CHANG, Commisser 19755 SIMPSON AVE, BEND, OR 97702 1812060000100 ALTI 4E *wrPEI AN\ Rmm #ec «, ,p1 ' (a,»o CC C•Z W= a — d W= 1— Col 1-1 i ZOLL6 !10 '0N38 '3AV NOSdWIS 99L6t 311V NOSdWIS :IJON 4 4 410 410 4 4 NOIS30-3dd N 0 O 0 J 11311111SNO3 H(O 10N BOARD OF COMMISSIONERS AGENDA REQUEST & STAFF REPORT MEETING DATE: February 8, 2023 SUBJECT: Consideration of Board signature of Order No. 2023-007, authorizing the Deschutes County Property Manager to execute the documents associated with the sale of County -owned property located at 19755 Simpson Avenue, Bend, Oregon 97702 RECOMMENDED MOTION: Move to approve and sign Board Order No. 2023-007, authorizing the Deschutes County Property Manager to execute the documents associated with the sale of County -owned property located at 19755 Simpson Avenue, Bend, Oregon 97702. BACKGROUND AND POLICY IMPLICATIONS: Until 1993, Deschutes County owned and operated the County's Demolition Landfill located on Simpson Avenue, which was comprised of 79.29-acres. Prior to the conveyance of 72.17- acres to Oregon State University -Cascades in 2018, the County completed a property line adjustment through the jurisdiction of the City of Bend resulting in a 7.12-acre parcel north of Simpson Avenue that has since remained in County ownership. The 7.12-acre property known as Map and Tax Lot 1812060000100 is zoned Residential Medium Density (RM). In August 2021, the property appraised at $2,880,000 by a third - party appraiser. In 2021, the Board of County Commissioners directed staff to issue a Request for Proposals (RFP) for the disposition and development of the 7.12-acre property for affordable housing. The RFP was released on January 21, 2022 and proposals were due March 7, 2022; resulting in five proposals. On March 31, 2022, the County issued a Notice of Intent to Award a Purchase and Sale Agreement (PSA) to Central Oregon Regional Housing Authority D.B.A Housing Works and KOR Community Land Trust (Housing Works and KOR). The awarded proposal included a property purchase price of $1,300,000 with the development of 100-units, comprised of 80-multifamily rental units constructed by Housing Works on the east side of the property and 30-singlefamily units constructed by KOR for homeownership on the west side of the property. Due to the historical nature of this site being mined for pumice, upon proposal award, Housing Works and KOR contracted with the Wallace Group to complete geotechnical exploration at the property. The report included, "Portions of the property that were mined have subsequently been backfilled with undocumented materials to achieve the surface elevations present today." The report further included, "Based on this exploration, the site is suitable for the expected development from a geotechnical perspective, provided that alternative foundation systems are included into the design." And, "Due to the very loose nature of the undocumented fill materials, we do not recommend any vibration be used on -site for development of foundation elements or paving areas." Because of increased costs associated with engineering, alternate foundations and mitigating vibrations associated with the development of foundation elements and paving areas, both Housing Works and KOR were required to revise site designs that affected the number of developable units. As a result of the adjusted site design, the Housing Works development is reduced to 59-units and the KOR development increased to 40-units. Subsequently, in August 2022, because of increased development costs, Housing Works and KOR requested a reduction in purchase price from $1,300,000 to $500,000; the Board of County Commissioners authorized the reduction. Housing Works and KOR are working closely with the City of Bend Community Development Department to review and evaluate the proposed projects. One item under consideration is whether the City will vacate a portion of SW 17th Street to maximize the site for the Housing Works development. Note that City staff will bring the vacation petition before City Council in the near future. Additionally, Housing Works will submit a partition application to the City that will result in two parcels for the two separate independent developments. The City is requiring Housing Works, and the County as the current property owner, to enter into a Development Agreement, which will memorialize certain specifics related to the development, but will have no requirements financial or otherwise that would impact the County. The County is prepared to convey the entire 7.12-acres to Housing Works, and upon completion of the partition process, Housing Works will convey a partitioned parcel of +/- 3.38-acres to KOR for $250,000, which is 50% of the total revised sales price; Housing Works and KOR will execute an Option to Purchase Agreement to memorialize the separate transaction. Prior to the property conveyance from the County to Housing Works, an Affordable Housing Covenant will be recorded on the property's title that will restrict all units at no more than 120% median family income (MFI) based on the Bend -Redmond area for no less than 60-years. It is anticipated the conveyance will be completed no later than June 2023. As of February 1, 2023, Housing Works anticipates starting construction June 2024 with targeted completion of August 2025. KOR anticipates starting construction June 2024 will home sales starting January 2026. BUDGET IMPACTS: $500,000 in gross sales proceeds. ATTENDANCE: Kristie Bollinger, Property Manager