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HomeMy WebLinkAboutBethlehem Inn Purchase AgreementDeschutes County Board of Commissioners 1300 NW Wall St., Suite 200, Bend, OR 97701-1960 (541) 388-6570 -Fax (541) 385-3202 -\\-'W\V&9SclthlLcs,org AGENDA REQUEST & STAFF REPORT For ~:BiiSfIieSi'-Meeting of March 23, 2015 Please see directions for completing this document on the next page. DATE: March 20, 2015 FROM: James Lewis Property& Facilities 541-385-1414 TITLE OF AGENDA ITEM: Consideration of Board signature of Document 2015-182, a Bargain and Sale Deed to Beth Shelter LLC (Bethlehem Inn). PUBLIC HEARING ON THIS DATE? No BACKGROUND AND POLICY IMPLICATIONS: Through a Sale Agreement approved by the Board of Commissioners, Deschutes County agreed to sell the Bethlehem Inn Shelter property (building and land) to the Bethlehem Inn (as Beth Shelter LLC). Per the Sale Agreement, the Bethlehem Inn purchase of the property located at 3705 N. Highway 97 in Bend, OR, includes the existing structures and associated on-site amenities that have been used by Bethlehem Inn (through a lease with Deschutes County) as a shelter to house homeless individuals. The negotiated sale price is One Million Dollars ($1,000,000.00). After the Board of Commissioners sign this deed, Beth Shelter LLC will complete the sale process (including necessary documents for their financing of this purchase) with AmeriTitle in Bend, OR. It may necessary for Deschutes County to sign additional documents associated with the closing. The Board of Commissioners should designate the Board Chair with the authority to sign any necessary documents on behalf of the entire Board. FISCAL IMPLICATIONS: No on-going implications. Deschutes County will net $1,000,000.00 from the sale ofreal property. RECOMMENDATION & ACTION REQUESTED: Staff recommends signature ofDocument 2015-182 ATTENDANCE: James Lewis, Property Manager DISTRIBUTION OF DOCUMENTS: Original to James Lewis.