HomeMy WebLinkAboutReso 1984-11560
RESOLUTION NO. 11560
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA ACCEPTING THE PROPOSAL FROM GERALD S.
KIBBEY & ASSOCIATES, INC., TO APPRAISE THE
CITY-OWNED PROPERTY LOCATED ON BONITA ROAD
ADJACENT TO THE CHULA VISTA MUNICIPAL GOLF COURSE
AND AUTHORIZING THE MAYOR TO EXECUTE SAME
WHEREAS, the City Council has expressed its desire to lease the City-owned
property comprising approximately 3.13 acres located on Bonita Road adjacent
to the Chula Vista Municipal Golf Course in order to establish a leasing value
for this property; and,
WHEREAS, the City has sol i ci ted three proposal s for apprai sal of the
subject property; and,
WHEREAS, the proposal received from Gerald S. Kibbey & Associates, Inc.,
was the most favorable as to fee, time for completion, and content to appraise
the subject property.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula
Vista hereby accepts the proposal from Gerald S. Kibbey & Associates to
apprai se the subject property descri bed herei n as though fully set forth and
attached as Exhi bit "A," and authori zes the Chai rman to execute same.
presentr''': \
P~~t
Community Development Oirector
Approved as to form by
~,~
WPC 1001H
ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
ULA VISTA, CALIFORNIA, this 13th day of March
84 ,by the following vote, to-wit:
ES: Councilmen Moore, McCand1iss, Malcolm, Cox
YES: Councilmen None
:STAI N: Councilmen None
SENT: Councilmen Scott
May 0 he City of Chula Vista
TEST ~;,~ 17J{~~.Af'
(/ City Clerk
R~
~TE OF CALIFORNIA )
UNTY OF SAN DIEGO ) ss.
'Y OF CHULA VISTA )
I, JENNIE M. FULASZ, CMC, CITY CLERK of the City of Chula Vista, California,
HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
RESOLUTION NO. 11560
,and that the same has not been amended or repealed.
TED
City Clerk
(seal)
;-660
~..."',...-. " e. 1
-__,~L
CONTRACTUAL AGREEMENT AND
AUTHORIZATION FOR APPRAISAL OR CONSULTING SERVICE
):
Gerald S. Kibbey & Associates, Inc. (Appraisers)
1471 Morena Boulevard, San Diego, CA 92110-3782
(619) 275-0967
Ref. II
OM: City of Chula Vista
Chula Vista, California
In =nsideration of this employment agreement, the appraiser agrees to make a study
of the following property: C-V-P Parcel on north side of Bonita Road; approximately 3
acres on west side of Jimmy's on the Green Restaurant.
The purpose of this appraisal is to estimate current market value.
Appraiser agrees to deliver 3 copies of said report to client within 30 days after
receipt of authorization and retainer; however, the appraiser has the right to extend
the delivery date in the event that unforseen difficulties are en=untered in obtain-
ing comparable market data or for other reasons that may delay report delivery.
The extension of said delivery date shall be mutually agreed upon. If not mutually
agreed upon, the provisions of paragraph 9 shall apply.
Should additional services of the appraiser be requested by the client, his agent,
his attorney, or the court, such as pre-trial conferences, court appearances, court
preparation, etc., the client agrees to =mpensate the appraiser at the rate of $800
per day for Gerald S. Kibbey and $400 to $680 per day for associates, provided such
additional services are performed within one year after delivery of said report. In
the event that such services shall be required more than one year after delivery of
said report, the =mpensation shall be at the customary per diem rate charged by said
appraiser as of that date.
The cost of preparing exhibits for court, photo enlargements, maps~ etc., shall be
borne by the client, and the appraiser shall, in addition to his =mpensation, be re-
imbursed by the client for such =sts advanced by the appraiser. Any engineering work
to be supplied by the City of Chula Vista. (See Proposal)
Payment for such additional services shall become due upon receipt of statement ren-
dered by the appraiser.
It is further understood and agreed that if any portion of the above =mpensation or
costs due to the appraiser become delinquent, the client agrees to pay interest
thereof at the rate of 18% per annum on said account from the due date until paid, and
further agrees to pay all =sts of collection thereof, including reasonable attorney's
fees, court costs, etc..
In return for said services, the client hereby agrees to =mpensate the appraiser in
the amount of $1,500 payable upon delivery of said report.
In the event that the client desires to cancel this authorization, written notice
thereof shall be delivered to the appraiser, and it is agreed that the appraiser shall
receive =mpensation from the client for all services rendered at the rate of $400 to
$800 per day for the time actually spent prior to receipt of written notice to stop
work, plus all =sts incurred in =nnection with said appraisal prior to receipt of
such written notice.
is further understood that neither the =ntract to make this appraisal nor the =mpen-
ti6n therefore is contingent upon the amount nor the purpose o~ th~ valuation.
. 'I' f'; ;1/'/ ./
L . ,-:;., I:' /../ .
ted':; i J.1.ct11 r ( 11 By: 1/ _~ .~ ,;' "L. /r
, ;if, for lH. K1bbe & Assoc1ates, Inc.
By: / ~A' l;x
RepreSen\-J.f9 'Jity of Chula Vista
March 14,
<J ;07 i (/
/
1984
Mayor
Client
ted:
R- 11560