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HomeMy WebLinkAboutResolution 2021-15 04/19/2021 CITY OF SPRINGFIELD, OREGON RESOLUTION NO. 2021-15 A RESOLUTION AUTHORIZING THE SALE OF SURPLUS REAL PROPERTY (A PORTION OF MAP 18-03-03-40, TAXLOT 1200) TO WILDISH INDUSTRIAL DEVELOPMENT CORP WHEREAS, pursuant to ORS 271.310, the City is authorized to sell, exchange, or convey real property in the City's possession or control that is not needed for public use; WHEREAS, Springfield Municipal Code Section 2.714 provides that the City may dispose of surplus property by any means determined in the best interest of the City wit due regard for the value the city will receive from the disposal of the surplus property; WHEREAS, in 2016, the City obtained the real property located at Assessor's Map 18-03-03-40, Tax Lot 1200, adjacent to Franklin Blvd (OR-225) from Oregon Department of Transportation (ODOT) so long as it was used for transportation purposes, otherwise it would revert to ODOT; WHEREAS, in 2020, the City acquired ODOT's reversionary interest in the property and the City now owns the property in fee simple title; WHEREAS, the City Council has determined that approximately 11,800 square feet of the Property, more fully described in Exhibit A, adjacent to 5000 and 4990 Franklin Blvd is not needed for public use; WHEREAS, Wildish Industrial Development Corp. desires to acquire the surplus property from the City to facilitate development of their adjacent property as a corporate regional headquarters and has proposed to exchange 3,000 square feet of property along Nugget Way for a portion of the surplus property and will pay $9,856.00 for the remaining 8,800 square feet as described in Exhibit B; and WHEREAS, the City Council held a public hearing on April 19, 2021 regarding the sale of this surplus property, which was noticed in the Register Guard at least five days in advance according to ORS 221.725, NOW,THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL OF THE CITY OF SPRINGFIELD: Section 1: The City Council hereby declares the property described in Exhibit A as surplus and accepts the terms of sale to Wildish Industrial Development Corp., as described in Exhibit B. Section 2: This Resolution will take effect upon adoption by the Council. ADOPTED by the Common Council of the City of Springfield this 19 day of April 202L by a vote of 5 for and 0 against. (1 absent - Pishioneri) ATTEST:I EST: REVIEWED&APPROVED AS TO FORM kr4uux,kraal, DATE: 4/19/2021 SPRINGFIELD CITY ATTORNEY'S OFFICE City Recorder Exhibit /\ Exhibit A, Pae 1 of -o~ Surplus Property shown as shaded 17, 6 9 nN kill It Nil I Mum ta ilk lit -9 0141 al I' Exhibit B, Page 1 of 42 FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT Date: October 16 2020 Between: City of Springfield, A Municipal Corporation of Owner of Real Property located at the State of Oregon ("City'l Map number 18-03-03-40, Tax Lot 225 Fifth Street 1200 Springfield, Oregon 97477 Wildish Industrial Development Corporation Owner of the Real Property located ("Wildish'I at 4990 and 5000 Franklin Blvd, 3600 Wildish Ln Map number 18-03-03-14, Tax PO Box 40310 Lots 500 and 700 Eugene OR 97404 WHEREAS, City and Wildish entered into a Purchase and Sale Agreement dated August 20, 2020 (Agreement) regarding the purchase and sale of the properties described in that Agreement; and WHEREAS, the parties now wish to amend some of the terms and provisions of that Agreement to allow closing to occur after approval of a property line adjustment preliminary survey for the properties identified in the Agreement, and simultaneously or nearly simultaneously with the final survey approval, NOW THEREFORE, the parties hereby agree that the Purchase and Sale Agreement dated August 20, 2020 is amended for the first time as follows: A. Section 3.1.5 is hereby replaced with the following: 3.1.5 The City as Owner will deposit in Escrow a properly executed Property Line Adjustment deed conveying the McVay Highway Property to Wildish, in the general form of the deed attached as Exhibit D. Wildish as Owner will deposit in Escrow a properly executed Property Line Adjustment Deed conveying the Nugget Way Property to the City, in the general form of the deed attached as Exhibit D. B. Section 7 is hereby replaced with the following: 7. Closing of Sale. Parties agree that the sale and purchase of these properties (the"Closing'I shall be simultaneously closed in escrow within 90 days of the date of final approval of a Property Line Adjustment preliminary survey for the properties to be transferred as described in the {00017203:2} PURCHASE &SALE AGREEMENT— FIRST AMENDMENT Page 1 of 2 Exhibit B, Page 2 of 42 Exhibit B, Page 3 of 42 Exhibit B, Page 4 of 42 Exhibit B, Page 5 of 42 Exhibit B, Page 6 of 42 Exhibit B, Page 7 of 42 Exhibit B, Page 8 of 42 Exhibit B, Page 9 of 42 Exhibit B, Page 10 of 42 Exhibit B, Page 11 of 42 Exhibit B, Page 12 of 42 Exhibit B, Page 13 of 42 Exhibit B, Page 14 of 42 Exhibit B, Page 15 of 42 Exhibit B, Page 16 of 42 Exhibit B, Page 17 of 42 Exhibit B, Page 18 of 42 Exhibit B, Page 19 of 42 Exhibit B, Page 20 of 42 Exhibit B, Page 21 of 42 Exhibit B, Page 22 of 42 Exhibit B, Page 23 of 42 Exhibit B, Page 24 of 42 Exhibit B, Page 25 of 42 Exhibit B, Page 26 of 42 Exhibit B, Page 27 of 42 Exhibit B, Page 28 of 42 Exhibit B, Page 29 of 42 Exhibit B, Page 30 of 42 Exhibit B, Page 31 of 42 Exhibit B, Page 32 of 42 Exhibit B, Page 33 of 42 Exhibit B, Page 34 of 42 Exhibit B, Page 35 of 42 Exhibit B, Page 36 of 42 Exhibit B, Page 37 of 42 Exhibit B, Page 38 of 42 Exhibit B, Page 39 of 42 Exhibit B, Page 40 of 42 Exhibit B, Page 41 of 42 Exhibit B, Page 42 of 42