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HomeMy WebLinkAbout19208 - RESOLUTIONS - 3/4/1998 RESOLUTION NO. 19208 OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING THE ACQUISITION OF PROPERTY RELATED TO FARRELL DRIVE RELOCATION ; PENNINGTONJORRO, AND ACCEPTING A RELEASE OF LAND BY THE FEDERAL AVIATION ADMINISTRATION. ' WHEREAS the Palm Springs Regional Airport's master planned Runway Extension requires the relocation of Farrell Drive to property not presently owned by the Airport; and WHEREAS the Airport, with the assistance of Ernest Noia, Realtor, has negotiated with the Bureau of Indian Affairs to consummate an exchange of Airport property for the needed Indian allottee property; and WHEREAS the property involved was appraised by Robert Lea, M.A.I., after being mutually selected by all parties; and WHEREAS Renona Pennington has filed all necessary paperwork with the Bureau of Indian Affairs to authorize the exchange of property and the BIA has begun its review period; and WHEREAS the City has formally requested and received a release of property frorn the Federal Aviation Administration so that Airport property can be exchanged for the Pennington property, NOW THEREFORE BE IT RESOLVED that the City Council hereby approves the Farrell Drive relocation property acquisition program as follows: SECTION 1 . Ernest G. Noia is appointed Realtor for the Indian allottee land portion of the acquisition program and shall be compensated at 4.85% of the appraised value of Indian lands acquired. SECTION 2. The City Manager is authorized to execute all necessary documents in a form approved by the City Attorney, through a mutually acceptable escrow company, to complete the following transactions: A. Exchange of Airport parcels 4, 5 & 6 (see attached map) lulus $1 50,000, closing costs, and up to $29,500 Pennington legal costs for Pennington parcels 1 , 2 & 7; and B. Purchase of Right-of-Way from the Torro Estate parcel 3 (see attached map) for $70,000 plus closing costs; and C. Accept an eighteen month construction easement, beginning with the closing date of the Torro or Pennington acquisition, whichever is later, including $100 per day liquidated damages 1$18,000 to be deposited with Bureau of indian Affairs as show of good faith) for work not completed within the easement period. D. Pay the Bureau of Indian Affairs Administrative 1 % Fee; $24,900 ' Pennington and $300 Torro. 116 R19208 Page 2 SECTION 3. The City Manager is authorized to accept on behalf of the City an Instrument of Release Dated January 23, 1998, from the United States of America, Federal Aviation Administration, including all restrictions, pertaining to the Farrell Drive relocation acquisition program. ADOPTED this 4th day of March, 1998. ' AYES: Members Barnes, Hodges, Oden, Reller-Spurgin and Mayor Kleindienst NOES: None ABSENT: None ABSTAIN: Mayor Kleindienst ATTEST: CITY OF PALM SPRINGS, CALIFORNIA By 6( itvCity Clerk Manager REVIEWED & APPROVED AS TO FORM —��