Public Works Department_December 1978 to May 1979PUBLIC WORKS DEPARTMENT
(continued)
Terminal Island property, at a fee of 1% of
approved appraised value, and if the acquisi-
tion proposal is accepted and implemented, an
additional 1% will be paid to Mr. Bennett.
based upon final sales figure. (Funds avail-
able in Public Works Relocation Bond fund).
(See Proposed Purchase of Property, Real
Estate Appraisers & Consultants)
11
Date
12/6/78
Mr. S. Z. Bennett, City's Real Estate Consul- 3/7/79
tant, appeared and orally reported status of
his negotiations for City's acquisition of
Belcher Oil Company's Terminal Island property,
for relocation of various Public Works functions.
He advised that the owners had agreed to accept
PUBLIC WORKS DEPARTMENT 12
(continued) Date
$970,000 for the real property and buildings,
which was the City's appraisal, plus the custom-
ary bonus of $39,600 (in lieu of atty's fees and
court costs incurred in condemnation), plus the
cost of removal of the tanks, estimated to be
$225,000. The Commission authorized Mr. Bennett,
City Mgr., City Atty., to proceed with the acqui-
sition on the terms stated, subject to removal
costs not exceeding $225,000. Mr. Bennett indi-
cated that he would immediately proceed to ob-
tain estimates for removal of tanks, and in event
cost exceed $225,000, he would return to Commis-
sion for further instructions. Commissioner
Friedman requested Administration to furnish a
report as to whether there will be ample 3/7/79
PUBLIC WORKS DEPARTMENT
(continued)
employee parking, and impact on MacArthur Cause-
way of additional traffic that will be generated
in view of redevelopment and Watson Island park,
as well as the City's vehicles. (See Proposed
Purchase of Property)
13
Date
3/7/79
Mr. S. Z. Bennett, City Consultant, appeared 5/2/79
and reported that per Commission's instructions
at March 7, 1979 meeting, bids were taken on
removing surface tanks on the Belcher Oil proper-
ty. He advised that the lowest bid received was
$415,000, $190,000 in excess of the $225,000 he
had been authorized to offer the owners. He
also advised that the local manager of Belcher
has agreed to present to owners for their