HomeMy WebLinkAboutContracts & Agreements_217-2007^Purchase and Sale Agi eement - Cardinal Family Trust - On motion of
Councilmember Gilbreath, seconded by Councilmember Gallagher, the
City Council unanimously determined that the acquisition of the Cardinal
property was exempt from review under the California Environmental
Quality Act pursuant to the State CEQA Guidelines Section 15061(b)(3)
and approved the acquisition of the Cal dinal property north of San
Timoteo Canyon Road and west of Alessandro Road for the purpose of
developing contiguous open space in conjunction with the San Timoteo
Creek Habitat Enhancement Project (which included approval of the
purchase and sale agreement and escrow instructions dated December 4,
2007, and authorization for the Mayor to execute, and the City Clerk to
attest to, the document on behalf of the City)
Ordinance No 2682 - Water and Wastewater Development Impact Fees -
Ordinance No 2682, an ordinance of the City of Redlands amending
Chapters 3 44, 3 48, 13 12 and 13 44 of the Redlands Municipal Code to
increase water and wastewater development impact fees, was unanimously
adopted on motion of Councilmember Gilbreath, seconded by Couneilmembei
Gallagher
Ordinance No 2685 - Parkmg Fines - Ordinance No 2685 an ordinance of the
City of Redlands amending Chapter 10 12 of the Redlands Municipal Code
relating to parking violations, was unanimously adopted on motion of
Councilmembei Gilbreath, seconded by Councilmember Gallagher
Local Emergency Report - On motion of Councilmember Gilbreath, seconded
by Councilmember Gallagher, the City Council acknowledged receipt of the
report regarding the status of the declared local emergency at the Civic Center
due to the flood, mold and asbestos remediation and efforts to return to normal
City operations
COMMUNICATIONS
Meeting Attendance - Iii accoivance with Government Code Sections 53232 2
and 53232 3, there were no reports forthcoming from Council members
U S Conference of Mayors' Climate Protection Summit - Mayor Harrison
reported on his attendance at the U. S. Confer ence of Mayors' Climate
Protection Summit on November 1-2, 2007, in Seattle Washington and
provided a sustainability track report for Councilmembers and staff
December 4, 2007
Page 4
PURCHASE AND SALE AGREEMENT AND ESCROW INSTRUCTIONS
This Purchase and Sale Agreement and Escrow Instructions ("Agreement") is made and
entered into by and between the City of Redlands, a municipal corporation ("Buyer") and the
Cardinal Family Trust("Seller") this 4th day of December, 2007 ("Effective Date") Buyer and Seller
are sometimes individually referred to herein as a "Party" and, together, as the "Parties "
In consideration of the mutual promises contained herein, the Parties agree as follows.
AGREEMENT
ARTICLE I PURCHASE AND SALE
Section 1.1 Purchase and Sale Seller is the owner of certain real property located in the
City of Redlands and more particularly described as County of San Bernardino Assessor's Parcel
Nos 0175-122-06, 0175-131-14, 0175-231-01, 0175-241-01, 0175.251-09 and 0294-091-33 (the
"Property") On all of the terms, covenants and conditions contained in this Agreement, Seller agrees
to sell the Property to Buyer, and Buyer agrees to buy the Property from Seller
Section 1 2 Purchase Pnce The purchase price for the Property ("Purchase Pnce") is Seven
Hundred Ninety Thousand Dollars ($790,000)
Section 1 3 Payment of the Purchase Price Buyer shall pay the Purchase Pnce to Seller in
cash upon "Close of Escrow" as defined herein
ARTICLE II ESCROW
Section 2 1 Escrow, Escrow Holder, and Opening of Escrow. Within ten (10) days of the
Effective Date of this Agreement, Buyer shall open an escrow to facilitate the transaction
contemplated by this Agreement ("Escrow'') with Redlands Escrow ("Escrow Holder") at the address
specified in Section 8 6 Delivery by Buyer to Escrow of a fully -executed original or counterpart
original of this Agreement shall constitute the opening of Escrow ("Opening of Escrow") This
Agreement shall constitute escrow instructions ("Escrow Instructions") to Escrow Holder The
Parties shall execute such additional Escrow Instructions consistent with the provisions of this
Agreement that are mutually acceptable to the Parties or that may be required by Escrow Holder
DJM`AGREEMENTS PURCHASE A SALE- Cardinal Family Trust
11171)7 9 50'un
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