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Home My WebLink About1998-123 ~--- 1 2 RESOLUTION NO. 98-123 RESOLUTION OF THE CITY OF SAN BERNARDINO GIVING NOTICE 3 INVITING COMPETITIVE SEALED AND ORAL BIDS FOR THE SALE OF. CERTAIN REAL PROPERTY OWNED BY SAID CITY, GENERALLY LOCATED NORTHWEST OF 4 LITTLE LEAGUE DRIVE, NORTHEAST OF THE 1-215 FREEWAY IN SAID CITY, AND 5 DETERMINING THE FAIR MARKET VALUE AND ESTABLISHING MINIMUM SALE PRICE FOR SAID PROPERTY. 6 7 WHEREAS, the City of San Bernardino, a municipal corporation, is the owner of the 8 hereinafter described parcel of real property, generally located at Northwest of Little League Drive, 9 Northeast of the 1-215 Freeway the City of San Bernardino, State of California; and 10 11 12 13 WHEREAS, the Mayor and Common Council of the City of San Bernardino find and determine that there is no necessity for the City's ownership of said property; and WHEREAS, the Mayor and Council of said City believe it to be in the best interest of said 14 City that said parcel of real property be disposed of at the highest price obtainable in the open 15 market; and 16 WHEREAS, an appraisal was prepared by Len E. Lichter, General Appraiser, indicating a 17 fair market value, after adjustments, of $2,964,765.75. Said adjustments were made to reflect certain 18 19 lots that are not a part of this sale, but were included in the appraiser's report. 20 BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS: 21 22 SECTION 1. Notice is hereby given inviting competitive sealed and oral bid proposals for 23 the disposition of the following real property, more particularly described in and subject to the terms 24 25 26 27 of Bid Specification No. 15.05-215, on file in the Department of Public Works, Real Property Section, City Hall, 300 N. "D" Street, San Bernardino, California, and generally described as follows: 28 Approximately 90 acres of vacant land located Northwest of Little League Drive, Northeast 04/29/98 I 98- !}ESOLUTION DETERMINING FAIR MARKET VALUE AND INVITING BIDS FOR THE SALE OF CITY PROPERTY LOCATED NORTHWEST OF LITTLE LEAGUE DRIVE, NORTHEAST OF THE 1-215 FREEWAY IN THE CITY OF SAN BERNARDINO. 1 2 of the 1-215 Freeway in the City of San Bernardino. A full legal description is set forth in said Bid 3 Specification No. 15.05-215. 4 5 SECTION 2. The minimum acceptable bid amount for said property is $2,964,765.75 and 6 is hereby established as the fair market value of said property. 7 SECTION 3. Sealed bid proposals must be accompanied by the following: 8 (a) Cashier's check in an amount equal to 10% of the total amount of the purchase price bid. 9 10 11 Property Section, City Hall, 300 North "D" Street, San Bernardino, California, prior to 2:00 am June SECTION 4. Sealed bids must be delivered to the Department of Public Works, Real 12 10, 1998, at which time said sealed bids shall be opened and publicly declared. The results of said 13 bidding shall be submitted to the Mayor and Common Council at the Hour of 10:00 am at the June 14 15,1998 Council meeting. At that time, oral bids may be received as follows: 15 (a) in $10,000 increments for the outright purchase of the property, provided that the initial 16 17 bid shall be an amount not less than the highest sealed bid plus $10,000. The successful oral bidder 18 shall be required to make a non-refundable deposit with the City Clerk, in the form of cash or a 19 cashier's check, prior to the end of the meeting in an amount equal to 10% of the purchase price bid. 20 SECTION 5. Copies of Bid Specifications, Description of Property and Official Bid Form 21 may be obtained from the Department of Public Works, Real Property Section, City Hall, 3rd Floor, 22 23 300 N. "D" Street, San Bernardino, California, 92418. 24 25 26 27 28 SECTION 6. All written bid proposals must be signed, sealed and delivered as indicated in Section 5. No bid proposal will be considered which fails to offer a sum equal to or greater than the minimum acceptable bid prices established herein, or which is filed at a later time or at a different place than as stated in Section 5, unless there is substantial compliance as determined by the City REV 05/11/98 2 98-123 1 2 3 4 5 6 7 8 9 10 RESOLUTION DETERMINING FAIR MARKET VALUE AND INVITING BIDS FOR THE SALE OF CITY PROPERTY LOCATED NORTHWEST OF LITTLE LEAGUE DRIVE, NORTHEAST OF THE 1-215 FREEWAY IN THE CITY OF SAN BERNARDINO. Administrator in his sole discretion. The Mayor and Common Council reserve the right to reject any and all bids submitted. The Mayor and Common Council also reserve the right to make, at their sole discretion, a determination as to whether the property shall be sold. SECTION 7. This resolution shall be posted on or near the door of the Council Chamber, City Hall, San Bernardino, California, for at least five consecutive days prior to the date set for opening of bids and a Notice Inviting Bids for the disposition of said property shall be published not less than 10 days prior to said bid opening date in the San Bernardino Sun, a newspaper of general 11 circulation published and circulated in said City. 12 III 13 III 14 III 15 III 16 17 III 18 III 19 III 20 III 21 III 22 23 III 24 III 25 III 26 III 27 III 28 04/29/98 3 98-1 RESOLUTION DETERMINING FAIR MARKET VALUE AND INVITING BIDS FOR THE SALE OF CITY :?PROPERTY LOCATED NORTHWEST OF LITTLE LEAGUE DRIVE, NORTHEAST OF THE 1-215 FREEWAY IN THE CITY OF SAN BERNARDINO. 1 2 3 I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor and Common Council of the City of San Bernardino at a 4 5 joint regular meeting thereof held on the 18th day of May , 19~, by the following vote, to wit: 6 7 8 9 10 11 12 13 14 15 16 17 18 Council Members: AYES NA YES ABSTAIN ABSENT ESTRADA x LIEN x ARIAS x SCHNETZ x DEVLIN x ANDERSON x MILLER x C~1 jcJ ~~'---" 19 Ii 20 The foregoing resolution is hereby approved this 17 day of May ,19 98 . 21 22 VALLES, Mayor o San Bernardino 23 24 Approved as to form and legal content: 25 26 27 28 JAMES F. PENMAN City Attorney !\ 1\ -+ BY:J~Q . o4l)/98 11 "..- v'v~ 4 tf!'WSAL ADJUSTMENT CALCULATIONS - CITY OWNED PROPERTY GENERALLY N01tTHWEST OF LITTLE LEAGUE DRIVE, NORTHEAST OF THE I-2lS FREEWAY Valuation Q.f Total Area Prior to Acfjustments as Determined by ADDraiser Date of Appraisal land Area Fair Market Value 1/8/98 4,334,220.00 $ 3,250,665.00 Sq.Ft. = 99.50 Acres = 0.75 per Sq.Ft. Adiustment "A" APN 0261-1/1-37 land Area Fair Market Value $ 24,829.00 .18,621.75 Sq.Ft. = 0.57 Acres Acfjustment "B" ODen $pace Areas - Tract No. 12756 land Area Fair Market Value $ 139,006.00 104,254.50 Sq.Ft. = 3.19 Acres Adiustment "B" APN 0261-171-06 land Area Fair Market Value $ 217,364.00 163,023.00 Sq.Ft. = 4.99 Acres Total Land Area After Adiustments land Area (Original) 4,334,220.00 Sq.Ft. = 99.50 Acres Adjustment "A" (24,829.00) Sq.Ft. = (0.57) Acres Adjustment "8" (139,006.00) Sq.Ft. = (3.19) Acres Adjustment "C" (217,364.00) Sq.Ft. = (4.99) Acres land Area (Adjusted) 3,953,021.00 Sq.Ft. = 90.75 Acres Valuation Q.f Total Area After Adiustments Fair Market Value (Original) Adjustment "A" Adjustment "8" Adjustment "C" $ 3,250,665.00 $ (18,621.75) $ (104,254.50) $ (163,023.00) Fair Market Value (Adjusted) $ 2,964,765.75 98-123 ... ... 13 ----- -'--- -------- , CITY PROPERTY PROPOSED TO BE SOLD I I PI+>:Cri-L 16 8& eXLL"je;b (~P1; 2"'-liHl) '. @ 1'0 S<;i/W; S IT~ ,:of f:vTVR6 nil;; :3 rlH-j d N (M,. 2",-17/-D"1 N l\il- SLi>L& "'I_~"~- PLAT MAP " \0 If) t- ~ ,......., o z ~ u ~ ~ ~ /. C;; ;:\. ,_e ,.~_ _'4'" '." (HJ.lJON} 3N't1 .0.0:' IU .L3SNnS -.., ~ ~J ,t ."II? \ 15'~0 -:.-:. ! ~z " 0.... . I"'" -. . ~ <<<to0.... ~. Go" ;... _4i..~ft~,... ~: PJ:'. ....... :......t'~ l ... IrI g4" ~ ... ~ .;r_ = - ~ Ct.JA 1 ~" .n 98-123 ~ " OJ '" ""' o ~ c. '" '" "'" " "'" ::l U .5 .. o :z ~ e <: - , . ~ - ~ :1P@ Iii . : :~@) ~ . ~ " '-' '" c. en <:: " c. o ~ '.., ~ .. . , ... '0 ~~ ':> I ~~.. (.;l", .....@, ~ I ~ ... ~ ~ ~@ ~ ... . G' Q& ~ ,~ ~.. .. - -' " .. ~ ---- N8MtJtf~3: J ! ,..~.. .~ .. .. -. , I 1 I @ ;@ II @ &@ ~ '(..1 '" "> "'6"" "":. .,. ~ Il@ .... I. ''>' ,. \V "} - TRACT NO. 12756 DETAIL ~ ~q,= "!'f!-H l ; @"q;; ..- , @~o....: ~.,., ; ~"'q.; .... ~..& " OJ '" ""' o ~ c. '" '" "'" " "'" ::l u .5 .. o :z '" '" " ... <: ..I- .. .1 " -j ~ " '-' '" c. en <:: " c. o ~ <:: o e e o u '" i ll: , I I W., G:.. ~ ~- . (..1..... ~ _4 . l~IG 0. ..... , " G~ .~ --...d_~ , . ~q,~ ~ 0~~ ~.~ &~ ..JI.~ 98-123 CITY OF SAN BERNARDINO SPECIFICATION NO. 15.05-215 NOTICE OF SALE OF REAL PROPERTY: VACANT PARCEL OF LAND GENERALLY LOCATED NORTHWEST OF LITTLE LEAGUE DRIVE, NORTHEAST OF THE 1-215 FREEWAY SAN BERNARDINO, CA REQUIREMENTS OF BIDDING AND SALE NOTICE IS HEREBY GIVEN inviting sealed bids for the sale of City owned property, as authorized by action of the Mayor and Common Council of the City of San Bernardino. 1. LOCATION AND DESCRIPTION OF PROPERTY TO BE SOLD: (A) Propertv Location: The subject property consists of approximately 90 acres vacant land, generally located Northwest of Little League Drive and Northeast of the 1-215 Freeway, in the City of San Bernardino, California, referred to as Assessor's Parcel 0261-111-21, 23,25,29,30,33,35 & 40; 0261-121-01,02,03, 13 & 14; 0261-451-01 thru 48; 0261-461-01 thru 66, and is more fully described in the Preliminary Title Report issued by First American Title, a copy of which is attached as Exhibit "A". (B) Zoning and Use: The subject property is currently zoned as RL, Residential Low as shown on the City's General Plan Map, with a minimum lot size of 10,800 square feet and a maximum density of3.5 dwelling units per acre. The property is currently undeveloped, but a Tract Map, Tract No. 12756 has been recorded, which covers a portion of the 90 acres. Since the lot sizes within Tract No. 12756 do not conform to the City's minimum lot size requirement, the area will have to be remapped to conform prior to any development. Also note that the lettered lots A through E shown on said Tract Map, are not a part a/this sale. The City has easements across these lots for park and landscaping purposes, but does not have fee title to them. The subject property is also located within a Flood Zone, designated by FEMA as AE. The subdivision ofland and development of a single family residence project on this property will be subject to the City's General Plan and Development Code, as they exist at the time of development. Spec215 04/29/98 I 98-123 (C) Condition ofProoertv: The subject property is being sold "AS IS", subject to conditions as set forth herein. 2. MINIMUM BID: The minimum acceptable bid, for said real property is $2,964,765.75, which has been determined to be to the Fair Market Value of the subject property, based on an appraisal that was prepared by Len E. Licther, General Appraiser, dated January 18, 1998. 3. INSPECTION: The subject property may be inspected by prospective bidders at will. 4. SEALED BIDS: Sealed bids, submitted on the Official Bid Form attached, will be received in the Department of Public Works, Real Property Section, Third Floor, City Hall, 300 North "D" Street, San Bernardino, California, until 2:00 p.m. June 10, 1998, at which time all bids received will be publicly opened and declared. All bids must be accompanied by a cashier's check in an amount of at least 10% (TEN PERCENT) of the amount bid. The results of said bidding shall be submitted to the Mayor and Common Council at regular Council meeting of June 15, 1998 at 10:00 a.m. All bids submitted must conform to the specifications as set forth herein. 5. ORAL BIDS: Oral bids may be made at the Council Meeting on the date and time stated above. Oral bids may be received in $10,000 increments for the outright purchase of the property, provided that the initial oral bid shall be an amount not less than the highest sealed bid plus $10,000. In the event of a successful oral bid, a cashier's check in an amount of at least 10% (TEN PERCENT) of the bid amount shall be deposited with the City Clerk prior to the end of said meeting, or as otherwise determined by the Mayor and Common Council. Spec215 05/12/98 2 98-123 6. UNSUCCESSFUL BIDS: All sealed bid deposits of unsuccessful bidders will be promptly returned, without interest, after determination of the successful bidder by the Mayor and Common Council, or upon rejection of all bids. 7. REJECTION OF BIDS: The mayor and Common Council shall have the right to reject any and all bids. 8. TERMS The City will consider terms for any portion of the total amount bid. 9. LIENS, EASEMENTS, ENCUMBRANCES & RESTRICTIONS: City assumes the bidder has inspected the Preliminary Title Report, a copy of which is attached hereto as Exhibit "A", and has full knowledge of any and all liens, easements, encumbrances and or restrictions affecting subject property as set forth in said Preliminary Title Report and is submitting his/her bid subject to those conditions except as follows: City shall pay, from cash proceeds of the sale, any delinquent taxes or assessments in the amounts due at the time of closing, or as otherwise mutually agreed, if cash proceeds are insufficient to cover such delinquencies. 10. SUCCESSFUL BIDDER: The successful bidder, as determined by the Mayor and Common Council, will be evaluated on the basis of purchase price bid and other factors including amount and length of terms, if any, interest rate, and qualifications of the bidder. In the event of two or more equal bids, the City reserves the right to select the bidder based on the most favorable terms and qualifications of the bidder. The successful bidder will be required to execute a mutually acceptable purchase agreement and to enter into escrow within 10 (TEN) days after said determination of the successful bidder. The escrow instructions shall include, but not be limited to : (A) The recording of the Grant Deed from the City, and the closing of escrow within sixty (60) Spec2l5 04/29/98 3 98-123 days, or as otherwise mutually agreed upon. (B) Title Policy fees shall be paid by the City. Escrow, and all other fees and closing costs, except as set forth in Paragraph D below, shall be split evenly between the City and the successful bidder. (C) In the event the purchaser retains the services of a Broker, any fees and commissions shall be paid by the purchaser, over and above the bid amount. The City does not intend to retain the services of a Broker for this transaction. (D) In the event of any failure by the successful bidder to execute and comply with the conditions as set forth herein, the deposit made by the successful bidder may be retained by the City as liquidated damages, and not as a penalty in the event of any failure on the part of the successful bidder. Spec215 04/29/98 4 OFFICIAL BID FORM 98-123 SALE OF CITY-OWNED PROPERTY, CITY OF SAN BERNARDINO VACANT PARCEL OF LAND GENERALLY LOCATED NORTHWEST OF LITTLE LEAGUE DRIVE, NORTHEAST OF THE 1-215 FREEWAY SAN BERNARDINO, CA PER SPECIFICATION NO. 15.05-215 In compliance with Specification No. 15.05-215, concerning the sale of the above City-owned property, the following bid is submitted: Dollars ($ ), payable as follows: $ to be deposited into escrow prior to close of escrow, and the balance to be paid as follows: annual/monthly payment(s) of $ plus interest at the rate of % per annum on the unpaid balance, or as follows: Attached is a cashier's check payable to the CITY OF SAN BERNARDINO, in an amount equal to at least ten percent (10%) of the above bid, which I understand will be returned without interest if! am not the successful bidder as determined by the Mayor and Common Council of the City of San Bernardino. Submission of this bid signifies that I understand and concur with the provisions outlined in Specification No. 15.05-215 and that I understand the subject property is being sold in an liAS-IS" condition. PRINTED NAME OF BIDDER SIGNATURE MAILING ADDRESS ( ) TELEPHONE NO. CITY, STATE, ZIP CODE Sealed bids, submitted on this official Bid Form, will be received until 2:00 p.m., June 10, 1998, at the Department of Public Works, 3rd Floor, City Hall, 300 N. "0" Street, San Bernardino, California, 92418, at which time they will be publicly opened, examined and declared. NOTE: BIDS WILL NOT BE ACCEPTED UNLESS ALL BLANKS HAVE BEEN FILLED IN. ALL SEALED BIDS MUST HAVE THE FOLLOWING INFORMATION ON THE LOWER LEFT-HAND OF THE BID ENVELOPE: SEALED BID SALE OF CITY PROPERTY SPECIFICATION NO. 15.05-215