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2023-294-Order No. 2023-035 Recorded 9/20/2023REVIEW D i LEGAL OUNSEL Recorded in Deschutes County CJ2023-294 Steve Dennison; County Clerk Commissioners' Journal 09/20/2023 4:43:12 PM [,)r\y, 14J `�(-'� II � I I IIIIIIII II I I II II I I II'll III 2023-294 BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON An Order Designating the Deschutes County Property Manager, Kristie Bollinger as the * ORDER NO. 2023-035 Deschutes County Representative to Complete the Sale of Property Located at 16609 Dillon Way, La Pine, Oregon 97739 and Known as Map and Tax Lot 221014AB00161 WHEREAS, the Board of County Commissioners of Deschutes County has authorized the sale of property located at 16609 Dillon Way, La Pine, Oregon 97739 and known as Map and Tax Lot 221014AB00161 to Mark Hylland or his assignee; and WHEREAS, Deschutes County received an offer from Mark Hylland (Buyer) to purchase (purchase and sale agreement or PSA) the 9,000 square foot lot for $15,750 or $1.75 per square foot, subject to a due diligence period scheduled to expire Sixty (60) Days from the date the PSA is executed; and WHEREAS, upon the execution of the PSA, Buyer will pay $4,000 Earnest Money that will be applied to the purchase price at closing; and WHEREAS, the transaction is estimated to close within on Thirty Five (35) Days after the due diligence period or from when Buyer removes contingencies, at which time documents to close the transaction need to be signed on behalf of Deschutes County as the seller; 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 executing the necessary documents to complete the sale of property located at 16609 Dillon Way, La Pine, Oregon 97739 and known and Map and Tax Lot 221014AB00161. SIGNATURES ON FOLLOWING PAGE PAGE 1 OF 2- ORDER No. 2023-035 Dated this of 2023 ATTTEST: � Recording Secretary BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON ANTHONY DEBONE, Chair PATTI ADAIR, Vice Chair PHIL C ANG, Co nmissioner PAGE 2 OF 2- ORDER No. 2023-035 N Maptax #221014AB00161 Doc# 2003 - 205466 (1.29 Acres) Created: 9/6/2023 C.�\31 E S Cc) 2� BOARD OF COMMISSIONERS MEETING DATE: September 13, 2023 SUBJECT: Approval of Board Order No. 2023-035 authorizing the sale of property at 16609 Dillon Way in La Pine to Mark Hylland, and further authorizing the Deschutes County Property Manager to execute the documents associated with the sale RECOMMENDED MOTION: Move approval of Board Signature of Order No. 2023-035 authorizing the sale of property located at 16609 Dillon Way, La Pine, known as Map and Tax Lot 221014AB00161, and further authorizing the Deschutes County Property Manager to execute the documents associated with the sale. BACKGROUND AND POLICY IMPLICATIONS: Deschutes County owns property in the Newberry Business Park located at 16609 Dillon Way, La Pine, known as Map and Tax Lot 221014AB00161. The +/- 0.21-acre Tax Lot has a Real Market Value as determined by the Deschutes County Assessor's Office of $23,920. The owner of La Pine Auto Supply, Mark Hylland. submitted an offer to purchase the property described above. Due to increasing demands associated with automotive, truck and agriculture equipment, Mr. Hylland intends to build out a 3,200 sf building to support inventory storage. Mr. Hylland intends to start development soon after the transaction closes with the goal to complete construction in 12 months. Highlights of the offer include: 1. $15,750 sales price, or $76,285/acre at $1.75 per square foot 2. $4,000 refundable earnest money -becomes nonrefundable after buyer removes contingencies 3. 60-day (calendar) due diligence period 4. Closing to occur within 35 days (calendar) after buyer removes contingencies In 2019, the County and City of La Pine entered into an intergovernmental agreement that provides the City full power and authority to market, promote and negotiate sales of 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 includes a 50/50 split of gross proceeds from sales. The City of La Pine and Sunriver La Pine Economic: Development (SLED) support this transaction including the sales price. BUDGET IMPACTS: $15,750 gross process will be allocated between the County and the City per the terms of the Purchase and Sale Agreement. ATTENDANCE: Kristie Bollinger, Property Manager