Loading...
HomeMy WebLinkAbout1972-07-22 Min - Board July 22, 1972 A special meeting of the Board of Directors of the Truckee-Donner Public Utility District was called to order by President Nelson Stone at 8:00, July 22, 1972, in the conference room. ROLL CALL: R. Waters, present; R. Anderson, present; D. Anderson, present; H. Loehr, present; N. Stone, present. EMPLOYEES PRESENT: Cattan, Paulus E GUESTS PRESENT: Mr. Tim O'Leary A special meeting was called to discuss the bids on the land known as parcel(120 acres) and parcel B (138 acres) . Mr. Cattan told the Board that the land has been zoned P.D. 24,000. This would indicate that each lot must be a minimum of 24,000 sq. ft. (1/2 acre lots) . The manager computed the maximum number of lots allowed for this amount of land (parcel A) to be 218 lots. The developer has the option of sub-dividing the land into the 218 lots or 5 acre parcels. Director D. Anderson stated that this land could be rezoned. The existing Tahoe Donner prior-to the new zoning is 12,600 sq. ft. with additional area of 25 o for green belt. If this is applied to 120 acres the number of lots would be 312, computed as follows: 12,600 � _ .288 lots per acre. 43, 50 120 A - 25% green belt = 90 A 90A = 312 lots .288 R. Waters said that he was not certain that the Board could legally accept the Lakeworld bid, because it is so much lower than the appraised price. H. Loehr assured him that the Board Could accept or reject any or all bids as they see fit. They must decide what is best for the District. Director Waters also asked why it is so important to sell the land at this time. He wanted to know what the money would be used for. Mr. Cattan explained that there are improvements that are necessary in the water system. He said that those improvements will not be possible unless the land is sold. He said that revenue from electric cannot be used for maintenance or improvements to the water system. The manager also stated that Lakeworld would be assuming the cost of the sewer assessment which amounts to approximately $15,000. It was moved by R. Waters that the Board reject the bid for parcel A and B. It was seconded by Director D. Anderson. Director Waters motion also stated that the land should be readvertised. Mr. Cattan said that Lakeworld knows that they are the only bidder and they might not bid again. The total number of bids sent out was 29 and he suggested that parcel B be rejected as the appraisal and bid varied excessively. President Stone said that he had studied the land from a.logging standpoint. He said that there is at least $125,000 worth of timber on the land and he suggested that the District engage a forester to consult with the District and sell the timber. He said he is sure that there would be a net profit of $115,000. He suggested that the Directors think about it as an alternative to selling the land. The roll was called on Director Waters motion to reject all bids and readvertise. Roll Call: R. Waters, aye; R. Anderson, ..no; D. Anderson, no; H. Loehr, aye; N. Stone, aye. D. Anderson said that he had voted no because he wanted to accept the bid on parcel A. The Board discussed the legality of accepting the bid on parcel A and rejecting the bid on parcel B, after the above motion was passed. The President suggested that the Board accept a resolution regarding the land bid. President Stone said that Resolution 7216 would read;. . . . .subject to the legality of accepting parcel A and not parcel B, parcel A bid by Lakeworld would be accepted with the following roll call Mote. Roll Call: R. Waters, no; R. Anderson, aye; D. Anderson, aye; H. Loehr, aye; N. Stone, no. When the resolution is drawn up it will be signed by the pres i dent. N. Stone reminded the Board that Lakewo-kld will absorb the balance of the Sanitary District assessment of nearly $15,000. Page 241 There being no further business to come before the Board, it was moved by D. Anderson and seconded by H. Loehr that the meeting be aj ourned. Roll Call: R. Waters, aye; R. Anderson, aye; D. Anderson, aye; H. Loehr, aye; N.Stone, aye. The meeting was aj ourned at 8:55 p.m. NELSON S. STONE, PRESIDENT OF THE BOARD CYNTHIAUJ. HUTCHIN7RECORDING SECRETARY r Page 242 July 22, 1972