Approves the sale of city-owned land for $500,000 to Recreation Equipment Inc. (REI) which has been leasing the land at 1416 Platte Street in Council District 1 for parking since 2000.  The purchase price is based on an appraisal (FINAN 201523366-00). (FINANCE & SERVICES) Approves the sale of city-owned land for $500,000 to Recreation Equipment Inc. (REI) which has been leasing the land at 1416 Platte Street in Council District 1 for parking since 2000 (FINAN 201523366-00). The last regularly scheduled Council meeting within the 30-day review period is on 12-21-15.  The Committee approved filing this bill by consent on 11-19-15.
And they are willing to enter into a deed restriction for for the purchase which restricts any. Above ground. Can we can we insert that into this bill? Let me. I think Mr. Broadwell read in. So we ask Mr. Broadwell to address that. Yes. Quickly, David Broadwell, assistant city attorney. Jumping ahead a little bit on tonight's agenda. If the amendment occurs, the bill will have to be republished and what you'll actually be voting on the merits of the bill and the transaction until next week. What Mr. Eisen just described will give us that opportunity between now and next week to produce to you the additional covenant which will seal that question in terms of clarifying that indeed the limitations on construction on the parking lot property will carry forward with this transaction and they'll reiterate some of the things that were done 15 years ago. But but you won't be voting on the merits of the transaction tonight. Instead, just the technicality is by charter. Every time there's a change to the title, it has to be republished before it can be adopted. And just a little further clarification, the conservation easement on the RBI parcel does not cover most of the fact any of the parcel that we're conveying in the sale. Our Kennebec Conservation Easement on the RCI property. How can that encumber a completely separate property from vertical construction? Because it says that RCA is not permitted to build any structures that would block the southern side from. From the park. Right of way. Right. And but if that parcel were sold to someone else, the parking lot, which is not in the conservation easement, could they? And this is related to the amendment because we're redressing the property. I know that's a stretch, Mr. President. But I mean, at this point, the city already has an option to purchase the property under their lease agreement, and they've exercised that option. So selling to someone else isn't really an alternative. And just for clarification, so that I'm very clear when they say the southern facade of the building, you're actually talking about the one that faces the west, the the long portion of the building and not the the portion of the faces, the river. The parking portion that faces the parking lot. Okay. Okay. Most people most people call that the West facade. Thank you. It's it's referred to in the documents. Okay. But this would certainly be spelled out very clearly in a deed restriction. Right. That that that they have no problem with. Thank you very much. That's all. Thank you. Councilman Espinoza, you have any comments or. Yeah, no comment. Just to clarify what is being said, because I think it's been somewhat unclear the. The conservation easement is to the grantor, which is RPI, but that's for their property. They own a significant amount of property along that facade. And so it actually has a boundary of where that conservation easement applies, meaning you cannot build something in that area to block that southern facade, but that this property wholly exists outside of that boundary. Is that correct? That's correct. It does, however, say in the conservation easement that they can't build on adjacent properties. I think Section 3.1 of that easement doesn't permit RTI to build on anything adjacent that is not specifically described in the legal description. So that would prohibit them from from building. Correct. So then the but there is existing CMCs five zoning unencumbered by height. And so the contract with RTI says that it should be sold for the appraised value, but it was appraised with encumbrances that don't exist. Is that correct? No. Is that an encumbrance does exist and RTI would not be permitted to build on that property by virtue of of. But we could sell it to somebody other than RCA if I chose not to have this option, which they actually let sunset. What, in 2003. But you extended it for. They they the option that expired was at a set price in 2003. They've always had the option. It's been continuous all this time. It was exercising it before December of 23 would have been at the 403,000. After that it was at then the appraised value. So we time after that. APPRAISER Not of the value to somebody other than RPI but only as as it would be conveyed to Aria. Wow. I guess. Why don't we do this? Why don't we do this? Because we're talking about the amendment, and the amendment is what's up right now. Right. Well, you'll have that opportunity to ask that. What we need to do is just speak to the amendment, and then once it's published, that's going to be coming and we'll have the opportunity to address those questions and go into those further details. So, you know, definitely hold on to those questions. Thank you for those answers. Think you'll be prepared to do that? All right. Or when it's published. So are there any other accounts? Are there any other comments on 868? Right. Madam Secretary, roll call on the amendment. Gilmore by Cashman. I can eat new Ortega. Sussman Black. Brooks Clark, I. Espinosa, I. Flynn, I. Mr. President. I. Secretary. Please close the voting and announce the results. 12 eyes. 12 eyes. 868 has been a minute. Councilman new. We're going to need a motion to order 868 published as amended. Yeah. Thank you, Mr. President. Move the council. Bill 868. The order published as amended. Right. It's been moved. We just need a second. Second is Ortega comments by members of council. All right. Madam Secretary, roll call. All right. One woman. It's okay. It's not. Giving you that option. Take your time. We're going to try one more time. Someone's liking it. Thank you. Okay. The movers knew in the seconds when. Gilmore. I. Cashman I can each. I knew Ortega Sussman, Black Brooks Clark. All right, Espinosa, I. Flynn, I. Mr. President. I. Madam Secretary, please close the voting. Announce results. 12 Eyes. Right. 12 Eyes Council Bill 868 has been ordered published as amended. And just to the note. Final consideration will be Monday, December 14, at which point we can talk about it further. All right. Are there any other bills I'm going to just kind of sweep through? Councilman, if I'm wrong, I don't think there's any other bills that need to be called out, which means it's time for the block votes. We are now ready for the block votes. All other bills are ordered published. Councilman Louie, please put the resolutions on the floor for adoption. Thank you, Mr. President. I move that following resolutions be adopted in block eight 7899 894 907 910 677 856, eight, 95, eight, 96 and 957. All right. It has been moved and seconded. Madam President. Raquel Kenny. I knew. Ortega and. Susman. Black Guy. Brooks Clarke. Espinosa, I.