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9 Coldwell Banker contract
Agenda Item # 9 Public Utility District CONSENT To: Board of Directors From: Kathleen Neus Date: December 03, 2008 Subject: Extend the Contract for Coldwell Banker 1. WHY THIS MATTER IS BEFORE THE BOARD The Board appointed Coldwell Banker as the District's realtors and the Board needs to extend their contract. 2. HISTORY In March of 2007, the Board appointed Kappy Mann and Jennifer Boehm of Coldwell Banker as the District's realtors as it pertains to the Glenshire Drive property; the current contract will expire on December 5, 2008. 3. NEW INFORMATION Kappy Mann and Jennifer Boehm have been actively marketing the property with many escrows over the past 18 months. The current listing agreement will expire on December 5, 2008. There will two Listing Agreements, on for each parcel. The District is currently under contract with the Town of Truckee for the southern parcel. The Listing Agreement is to be extended to February 1, 2009; with escrow to be January 15, 2009 or sooner. The second Listing Agreement will be for the northern parcel only; the agreement is to be for one year until December 6, 2009. 4. FISCAL IMPACT There is no fiscal impact to the District. 5. RECOMMENDATION Extend the Listing Agreement for the southern parcel until February 1 , 2009 and to extend the Listing Agreement for the northern parcel until December 6, 2009. /,-7. Michael D. Holley General Manager C A L I F O R N I A MODIFICATION OF TERMS ' AUTHORIZATION AND RIGHT TO SELL, ASSOCIATION ACQUIRE OR RENT lows-� OF R E A L T O R S (C.A.R. Form MT,Revised 4/08) The®Listing Agreement(or,if checked,❑ Buyer Representation Agreement,)dated April 30, 2007 , between Coldwell Banker ("Broker") and Truckee Donner PUD ("Principal"),regarding the real property, manufactured home or business described as 14630 Glenshire Dr. , Truckee CA 96161 is modified as follows: PRICE:The listing price, price range,lease or rental amount shall be changed to: Dollars($ ) EXPIRATION DATE:The expiration date is changed to: December 6, 2009 OTHER: All other terms of the Listing Agreement or Buyer Representation Agreement, as applicable, remain in full force and effect, except as modified herein. I acknowledge that I have read,understand and have received a copy of this Modification of Terms. Date at ,California Principal Truckee Donner PUD Principal Broker Coldwell Banker By Date (Firm) (Agent) Kathleen Mann The copyright laws of the United States(Title 17 U.S.Code)forbid the unauthorized reproduction of this form,or any portion thereof,by photocopy machine or any other means, including facsimile or computerized formats.Copyright©1991-2008,CALIFORNIA ASSOCIATION OF REALTORS@,INC.ALL RIGHTS RESERVED. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORS@(C.A.R.).NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ADEQUACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS.IF YOU DESIRE LEGAL OR TAX ADVICE,CONSULT AN APPROPRIATE PROFESSIONAL. This form is available for use by the entire real estate industry.It is not intended to identify the user as a REALTOR&REALTOR@ is a registered collective membership mark which may be used only by members of the NATIONAL ASSOCIATION OF REALTORS@ who subscribe to its Code of Ethics. Published and Distributed by: „ REAL ESTATE BUSINESS SERVICES,INC. a subsidiary of the California Association of REALTORS@ EQUAL SING ` 525 South Virgil Avenue,Los Angeles,California 90020 Reviewed by Date OPPORTUNITY MT REVISED 4/08(PAGE 1 OF 1) MODIFICATION OF TERMS AUTHORIZATION AND RIGHT TO SELL,ACQUIRE OR RENT(MT PAGE 1 OF 1) Agent: Kappy Mann Phone:(530)400-0531 Fax:(530)587-7422 Prepared using WINForms®software Broker: Coldwell Banker Northern California 10095 Dorchester Dr.Truckee,CA 96161 C A L I h o R N I A MODIFICATION OF TERMS AUTHORIZATION AND RIGHT TO SELL, � ASSOCIATION ACQUIRE OR RENT O F R E A L T O R S � (C.A.R. Form MT, Revised 4/08) The® Listing Agreement(or,if checked,❑Buyer Representation Agreement,)dated April 30, 2007 , between Coldwell Banker ('Broker") and Truckee Donner PUD ("Principal'), regarding the real property, manufactured home or business described as 14629 Glenshire Dr., Truckee CA 96161 is modified as follows: PRICE:The listing price, price range, lease or rental amount shall be changed to: Dollars($ ) EXPIRATION DATE:The expiration date is changed to: February 1, 2009 OTHER: All other terms of the Listing Agreement or Buyer Representation Agreement, as applicable, remain in full force and effect, except as modified herein. I acknowledge that I have read,understand and have received a copy of this Modification of Terms. Date at ,California Principal Truckee Donner PUD Principal Broker Coldwell Banker By Date (Firm) (Agent) Kathleen Mann The copyright laws of the United States(Title 17 U.S.Code)forbid the unauthorized reproduction of this form,or any portion thereof,by photocopy machine or any other means, including facsimile or computerized formats.Copyright©1991-2008,CALIFORNIA ASSOCIATION OF REALTORS@,INC.ALL RIGHTS RESERVED. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORS@(C.A.R.).NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ADEQUACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS.IF YOU DESIRE LEGAL OR TAX ADVICE,CONSULT AN APPROPRIATE PROFESSIONAL. This form is available for use by the entire real estate industry.It is not intended to identify the user as a REALTOR&REALTOR@ is a registered collective membership mark which may be used only by members of the NATIONAL ASSOCIATION OF REALTORS@ who subscribe to its Code of Ethics. Published and Distributed by: N REAL ESTATE BUSINESS SERVICES,INC. -11:21 a subsidiary of the California Association of REAL TORS® ` SING Reviewed b Date OPPORTOUAL NITY 525 South Virgil Avenue,Los Angeles,California 90020 Y OPPORTUNITY MT REVISED 4/08(PAGE 1 OF 1) MODIFICATION OF TERMS AUTHORIZATION AND RIGHT TO SELL,ACQUIRE OR RENT(MT PAGE 1 OF 1) Agent: Kappy Mann Phone:(530)400-0531 Fax:(530)587-7422 Prepared using WINForms®software Broker: Coldwell Banker Northern California 10095 Dorchester Dr.Truckee,CA 96161