2024-310-Order No. 2024-036 Recorded 11/1/2024REVIEWE
Recorded in Deschutes County C..�2®2�F-a?. i
Steve Dennison, County Clerk
LEGAL COUNSEL Commissioners' Journal 11 /01 /2024 10:48:12 AM
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3 2024-310
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 to complete the
sale of property located at 16630 Box Way, La
Pine, Oregon 97739 known as Map and Tax Lot
221014AB00132
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* ORDER NO. 2024-036
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*
WHEREAS, the Board of County Commissioners of Deschutes County has authorized the sale of
property located at 16630 Box Way, La Pine, Oregon 97739 known as Map and Tax Lot 221014AB00132 to BP
Holdings LLC or their assignee; and
WHEREAS, Deschutes County received an offer from Jesse and Chandra Bath of BP Holdings LLC
(Buyer) to purchase (purchase and sale agreement or PSA) the 0.43-acre lot for $32,845.75 or $1.75 per square
foot, subject to a 60-day due diligence period; and
WHEREAS, upon the execution of the PSA, Buyer will pay $4,000 Earnest Money, which will be
applied to the purchase price at closing; and
WHEREAS, the transaction is estimated to close no more than 35-days (calendar) after the due
diligence period 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 16630 Box Way, La Pine, Oregon 97739 and known and Map and Tax Lot 221014AB00132.
SIGNATURES ON FOLLOWING PAGE
PAGE 1 of 2- ORDER No. 2024-036
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Dated this Y� of , 2024
ATTEST:
Recording Secretary
BOARD OF COUNTY COMMISSIONERS
OF DESCHUTES COUNTY, OREGON
P T I ADAIR, Chair
' I ll` ,.ref% /'�
ANTHONY DEBONE, Vice Chair
PHIL CHA G, Commissioner
PAGE 2 OF 2- ORDER No. 2024-036
�wIES Co I
BOAR® OF
` COMMISSIONERS
MEETING DATE: October 23, 2024
SUBJECT: Authorize the sale of real property located at 16630 Box Way in La Pine to BP
Holdings LLC
RECOMMENDED MOTION:
Move approval of Board signature of Order No. 2024-036 authorizing the sale of property
located at 16630 Box Way known as Map and Tax Lot 221014AB00132 in La Pine to BP
Holdings LLC, and move approval to authorize the Deschutes County Property Manager to
execute the documents associated with the sale.
BACKGROUND AND POLICY IMPLICATIONS:
Deschutes County owns a 0.43-acre lot at 16630 Box Way, which is located in the Newberry
Business Park within the La Pine Industrial area. The property known as Map and Tax Lot
221014AB00132 has a Real Market Value of $56,210 as determined by the Assessor's Office.
Jesse and Chandra Bath recently submitted an offer to purchase said property. The Bath's
who are local developers, intend to construct a 7,500 square foot multi -tenant industrial
building with 4-5 flex spaces ranging from 1,200 to 2,000 square feet in size. It is estimated
that the new development will create 8-24 new jobs at estimated wages of $15-$40/hour.
Development timeline is approximately 18-months after the sale is finalized.
Highlights of the offer includes,
1. $32,845.75 sales price, or $76,230/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 no more than 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
BUDGET IMPACTS:
$32,845.75 gross proceeds will be allocated between the County and the City per the terms
of the Intergovernmental Agreement.
ATTENDANCE:
Kristie Bollinger
Estimated time needed for item (presentation/questions/discussion/action): Submitted as a
Consent Agenda item, therefore no dedicated time required