Loading...
HomeMy WebLinkAbout9 Donner Lake Property Agenda Item # t TRUCKEE DONNER Public Utility District McIt'a O To: Board of Directors From: Stephen Hollabaugh Date: March 12, 2004 Subject: Closed Session Item Property adjacent to Donner Lake Substation, Possible acquisition for future. Why this matter is before the Board — This matter concerns the District purchasing a piece of property for future plans to increase Donner Lake Substation. History-We have talked to the Board about this before. The District has a long term capital improvement plan that includes increasing the capacity of Donner Lake Substation. In order to increase the capacity, the substation will probably need to be increased insize. Donner Lake Substation is on a very small piece of property (see attached map). We investigated the parcel availability near our existing parcel and found that the owner of 15434 Cedar Point Dr. was willing to discuss selling his parcel. New Information — The District and owner of the parcel have come to a tentative agreement for the District to purchase the parcel. I informed the owner (Ron and Judith Mason) that I would inform the Board of the current status at this Board meeting. Attached is a "Vacant Land Purchase Agreement" signed by the Mason's for consideration. The District can use facility fees on hand to purchase this property. Recommendation — I recommend the Board approve the "Vacant Land Purchase Agreement" for the purchase of parcel 17-480-02, 15434 Cedar Point Drive as presented and instruct staff to follow through with the purchase of the property. r : F