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2020-011 - Approving the Purchase & Sale Agreement for Town-owned Property at 14850 Winchester Blvd (APN 424-31-055)RESOLUTION 2020-011 RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS APPROVING THE PURCHASE AND SALE AGREEMENT FOR THE SALE OF TOWN - OWNED PROPERTY LOCATED AT 14850 WINCHESTER BOULEVARD, APN 424-31-055 AND AUTHORIZING THE TOWN MANAGER TO EXECUTE ALL DOCUMENTS NEEDED TO COMPLETE THE TRANSACTION IN A FORM ACCEPTABLE TO THE TOWN ATTORNEY WHEREAS, the Town has owned the property located at the corner of Winchester and Lark for many years, with Town records going back to the 1950's and 1960's; and WHEREAS, said property is leased to Santa Clara County Fire Protection District (County Fire) since 1981 in a long-term lease that expires in the year 2036; and WHEREAS, pursuant to Government Code section 37350, the Town desires to sell the Town -owned real property located at 14850 Winchester Boulevard, APN 424-31-055 for the common benefit and protection of the community; and WHEREAS, pursuant to Government Code section 37421, and Resolution 2016-010, the Town notified its citizens of its intention to sell Town -owned property located on Winchester Boulevard at Lark Avenue, APN 424-31-055, Los Gatos California; and WHEREAS, the Town designated the real property on Winchester Boulevard at Lark Avenue, APN 424-31-055, Los Gatos California as surplus and for sale at the Open Session Council Meeting on March 6, 2016, and after receiving no protests passed and adopted Resolution 2016- 010; and WHEREAS, In May of 2019, the Town completed the sale of 14800 Winchester Boulevard to the Santa Clara County Fire District for $1.9 million and at the time, the Town and County Fire also discussed the future potential sale of 14850 Winchester Boulevard. WHEREAS, attached as Exhibit A is the Purchase and Sale Agreement that the Town has negotiated with Santa Clara County Central Fire Protection District for $1,200,000; Iof2 Resolution 2020-011 April 21, 2020 NOW, THEREFORE, be it resolved that the Town Council of the Town of Los Gatos does hereby approve the attached Purchase and Sale Agreement for the sale of the Town -owned real property located at 14850 Winchester Boulevard, APN 424-31-055, Los Gatos California and authorizes the Town Manager to execute the Purchase and Sale Agreement in substantially the form presented to the Town Council and to take any and all steps (including, but not limited to, the execution and delivery of any and all certificates, agreements, notices, consents, escrow instructions, closing documents, and other instruments or documents) as the Town Manager deems necessary or appropriate in order to consummate the sale contemplated by the Purchase and Sale Agreement or to otherwise effectuate the purpose and intent of this Resolution, and in a form acceptable to the Town Attorney. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos, California, held on the 21st day of April 2020 by the following vote: COUNCIL MEMBERS: AYES: Rob Rennie, Marico Sayoc, Barbara Spector, Mayor Marcia Jensen NAYS: None ABSENT: None ABSTAIN: None SIGNED: f MAYOR OF THE TOWN OF LOS GATOS LOS GATOS, CALIFORNIA DATE: LZ O ATTEST: TOWN CLERK OF THE TOWN OF LOS GATOS LOS GATOS, CALIFORNIA DATE: y _ 22— Z() 2of2 Resolution 2020-011 April 21, 2020