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HomeMy WebLinkAboutORD 1985-01 - Board ORDINANCE NO. 85 01 �... OF THE TRUCKEE DONNER PUBLIC UTILITY DISTRICT ACCEPTING AN OFFER FROM PDQ FOOD STORES OF NEVADA, INC. TO PURCHASE 1.9 ACRES OF DISTRICT LAND WHEREAS, the District intends to construct a new office complex and related facilities at the site of the District' s existing offices; and WHEREAS, the District has determined that a potential source of funding for the construction of the new office complex is the sale of surplus land owned by the District; and WHEREAS, the District presently owns 1.9 acres of land located at the southwest corner of Donner Pass Road and Highway B9, in Truckee, California; and WHEREAS, the District has previously determined that this 1.9 acres of land is surplus property and available for sale by the District; and WHEREAS, the District has obtained an appraisal of the 1.9 acres by a licensed real estate appraiser, who determined that the fair market value of the land is $500,000, assuming that the land is zoned for commercial use; and WHEREAS, the District has applied to Nevada County to rezone the 1.9 acres from Public to Commercial, and the Nevada County Board of Supervisors has adopted a resolution accomplishing the rezoning. Such rezoning will become effective November 21, 1985; and WHEREAS, the District _.,s offered the 1.9 acres for sale to the public, ands has received an offer to purchase the 1.9 acres from PDQ Food Stores of Nevada, Incorporated, for a price that would produce net sales proceeds to the District of approximately $500,000. A copy of the offer to purchase is attached hereto as Exhibit "A"; and WHEREAS, District Counsel has reviewed the offer and determined that it is in order and legally sufficient; BE IT ENACTED by the Board of Directors of the Truckee Donner Public Utility District as follows: 1. That the District shall accept the attached offer to purchase the District's 1.9 acres of land. 2. That the President or the Vice-President of the Board is authorized to execute, on behalf of the District, the attached offer to purchase the District's 1 .9 acres of land, thereby accepting the offer. 3. That the proceeds received from the sale of the 1.9 acres shall be used toward the construction of the new District office complex and related facilities. 4. That this Ordinance shall take effect thirty days from the adoption hereof. 5. That the Deputy District Clerk of the District shall immediately cause a copy of this Ordinance to be published once in the local newspaper and copies posted in at least three public places within the District. PASSED AND ADOPTED by the Board of Directors of the Truckee Donner Public Utility District at a meeting held within said District on the ath day of November , 1985, by the following roll call vote: AYES: Cooley, Corbett, Maass and Duffy. NOES: None. ABSENT: Hamilton. TRUCKEE DONNER PUBLIC UTILITY DISTRICT By: L-�Maftin rest en ATTEST: san Ford, Deputy District C er STATE OF CALIFORNIA ) COUNTY OF NEVADA ) The undersigned , Susan M. Craig , under penalty of perjury , certifies as follows: That for and on behalf of the Clerk of the Truckee Donner Public Utility District , I caused copies of Ordinance No. 8501 , adopted by the Board of Directors of said District on November 4 , 1985 . to be posted within thirty days following adoption in four places within said District , to wit : 1 . Nevada County Government Center 2. Nevada County Library , Truckee Branch 3. United States Postal Service Office 4 . Truckee Donner Public Utility District Said posting was completed on November 19 , 1985. Executed on the 19th day of November , 1985. usan 14. Craig , Deputy tract Clerk