HomeMy WebLinkAbout9 Somerset Property . .......... . . _
Agenda Item #
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Memorandum
To: Board of Directors
From: Peter Hoizmeister
Date: February 6, 2006
Subject: Sale of Somerset property
10449 Somerset Drive, Truckee; Glenshire Subdivision; APN 40-120-28
Why this matter is before the board: This matter involves sale of District owned land
and needs Board approval to complete the sale.
History: When the District acquired the assets of the Glenshire Mutual Water Company
it included several parcels of land. Our commitment to the people of Glenshire was to
sell the surplus land and credit them with the cash received. The Board of TDPUD
declared the Somerset property surplus and offered it for sale to public agencies as
required by law. The parcel in question is in the shape of a flag and is not a building lot.
No public agency expressed an interest in it. The Board established a value for it and
offered it for sale to the public.
New information: We have been working with the Glenshire Homeowners Association
since the Glenshire community has an interest in the outcome of this sale of land. We
received a full price offer of $25,000 from Charles Timinsky and Dale E. Timinsky,
Trustees of the Timinsky Family Trust. The Timinskys own the adjacent parcel and are
the only people who would benefit from ownership of this parcel. Attached is a map of
the District parcel and the current Timinsky parcel. If the Board approves this sale we
expect the sale to close the sale within a matter of a few days.
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Recommendation: That the Board accept the offer from Charles Timinsky and Dale E.
Timinsky, Trustees of the Timinsky Family Trust.
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MetroScan/Nevada (CA)
F
er Truckee Donner Public Utility Dist
wner Parcel 40 120 28 000
10449 Somerset Dr Truckee 96161 Land :$864
l PO Box 309 Truckee Ca 96160 Struct
ed 02/07/2002 OtherDoc # :5266 Multi-parcel Total $864
mt 'ce $750,000 Full Deed :Grant Deed pt
Exempt
Loan Type
Vest7}Tpe :Corporation IntTy
Lender %Imprvd
Use %Owned 100
GQOOVERNMon-value,Non-public Tax Area 03023
Zoning G GOVERNMENT
Legal GLENSHIRE#2 PTN LOT A & 178 wne Tax
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Sub/Plat Glensbire#2 wnerPhn
TenantPhn
Bedrooms Lot Acres .20
Bathrooms Year Built
Lot Sq Ft: 8,712 Bldg Sq Ft ;
POR.S EC,4 T. 17 N., R. 17 E., M.D.B. B M.
T..A3_.. C a. 40-I2
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