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HomeMy WebLinkAbout1966-0322_CCv0001.pdf Ralph P. Merritt , Jr. , City Manager Edward F. Taylor, City Attorney Peggy A. Moseley, City Clerk Ron Ribby, Redlands Daily Facts Chuck Palmer, San Bernardino Sun None The regular Council meeting of March 15 , 1966, was adjourned to this time to receive a report from the City Manager and staff concerning 17 acres of real property adjacent to Redlands Municipal Airport that has recently been placed in escrow. At this time , Mayor Burroughs called on Mr. Merritt for his report . )rt First was a brief history of the airport , dating from 1962, followed arty by a description of the "Field Use Agreement" between the owners of iase the property under consideration and the City. Paragraph 7c of the Agreement provides as follows : "Operator shall have the right to sell or assign its property or any part thereof during the term hereof, but Operator shall, prior to any sale , offer the property or part thereof to the City for purchase at whatever fair purchase price the Operator has been offered by another bona fide purchaser whose identity shall be given to the City. " Charles Parker, a real estate broker In Redlands, reported that the property is presently in escrow at Redlands Escrow, Inc . , for the sale price of $165 , 796. 00. Manager Merritt apprised the Council of the terms and conditions of the escrow, as well as of the two three-year contracts for non- exclusive use of certain portions of the property which are a part of the escrow. lie also informed them of the present Income to the City derived from this property, both on a contractual and non-contractual basis . He described the manner in which service and maintenance should be improved in order to make the airport more desirable and successful. The City Manager recommended purchase of the property for the following reasons ; 1 . It is essential and in the public interest - it is one of three municipal airports in the Inland Em- pire, and ownership of this land would provide the City with control of facilities and level of service, 2. This land is the key service property on the airport is ideally located and can be economically developed. 3 • City-financed airport improvements increase value of adjacent property - as the airport is developed this would increase in value. 4 . The purchase is economically sound - given efficient management , the property does and will be able to produce sufficient income to satisfy principal and interest payment required of the purchase price, together with funds of capital purposes. 5. Funds are available - $100, 000 from the Legal and Capital Fund and $65 , 796 is available in the Capital geed for an adequate airport facility may be best accomplished through public ownership of the primary fixed base operation aj that ultimately &And on both sides of the runways will be needq that programming capital improvements in each annual city budge revamping the long-term capital improvement program will be neo that the City is eligible for Federal monies for such improvedi and that an airport is an industry, hiring employees and bring: land to its fullest and best use. Councilman Hartzell moved that the City purchase this property the stated price of $165 , 796, acmording to the terms submitted, that the City Manager be instructed to enter into escrow for tl property; that a separate accounting and report be made to the of the funds borrowed; and that a capital improvement schedule initiated to finance future improvements. Councilman Cummings seconded the motion which harried unanimously. Councilman Hartzell spoke of the great loss to Redlands in the passing of Mr. Ted Silverwood who served his community so self: for many, many years . In gratitude, Mr. Silverwood ' s family w: presented with a plaque of the City Seal with a suitably engrai scription, describing his outstanding service to the City. No further business demanding attention at this time , on motion Council adjourned to an adjourned meeting on March 29, 1966 , t4 held in honor of Civic Day. ATTEST: Mayor of the City of Red W ds r' City - rk 0-0-0-0-0-0-0-0-0-0