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SR-08-24-1965-8A_u CITX OF SANTA MONICA i' ~ INTER-DEPARTMENT MEMO ~~~'r ^~~~ fi P r.. ~~~ DATE: August 27, 1965 ~ ~ ~r ~ ~' ~~ ~'; TO : W. A . Hard, Finance Director a ~ , ,4~; { , ~. ~ L, -, FROM: A. D. Shaw, Purchasing Agent ~~~i,; a~ ~ f SUBJECT: Property Acquisition - Woodlawn Cemetery Expansion r ~"°'~~.,~ Burgess C. Sheppard ~?~~~~ X1965 'a U3~ "41 ~'.1 +~ Upon receipt of an updated appraisal on the .'~ 1*~ Cemetery expansion program, I wrote to Mr. Burgess Sheppa '~ ~~ ;,,g„~,t4 offered him Thirty Thousand Five Hundred Dollars ($30,500. a~, his property located at 1833 Fourteenth Street. I informed him that this price is the valuation of the property as of August 1, 1965 and that I would be pleased to discuss this with him at any time. I received an answer from Mr. Sheppard and he stated that it seems only fair that this property, being the last available on the street, should be worth at least $35,000 he originally asked, however he would accept $32,250.00. I replied that I was conferring with the City Attorney regarding possible litigation costs in acquiring property and that I would call him in a few days. I sent a memo to you stating that Mr. Cockins and T dis- cussed court costs and that this estimate was approximately $1,000.00 and if there were no objections I would inform Mr. Sheppard that if he would accept $31,500.00 we would so recommend to the City Council for their approval. Attached is a signed form from Mr. Sheppard stating that he will accept $31,500,00 net, the City to pay all escrow fees. It is my recommendation that the City pay Mr. Sheppard 31,500.00 for his property. Escrow fees will total approximately 330.00 - cost of title, which is usually paid for by seller, is 173.00. We have three (3) other parcels to be acquired from two (2) owners as follows: Parcel 5 - E. J. Powell and Mavis Powell $45,000.00 ~~i3 ,v Parcel 6 - " " '° 42,000.00 9~=5 Parcel 8 - Emil G. Seitz 39,500.00 rays I have not yet contacted the above two {2) owners. Will the City Council authorize an additional $1,000.00 to each owner under the same consideration as offered to Mr. Sheppard? acquisition. ~ ; ` ~~- ~l A. D. SHAW ADS:ep Purchasing Agent cc: City Manager City Attorney City Clerk ,/ City Council (7) I would .like this authorization before.~I proce~ad with the The undersigned, owner of the property known as 1833 14th Street, Santa Monica, Lot 14, Block 3, Erkenbrecher Syndicate, Santa Monica Tract, hereby offers to sell said property to the City of Santa Monica for the sum of $31,500.00, free and clear of all liens and encumbrances, except covenants, conditions and restrictions of record. DATEDx Thal,~day of August, 1965. B ess C. Shep ~~l1i s i9yR eerr- err } s~~ '7 spa( tom//~ / S fo ~'4"/y A/l ~' s G~Z Oz/ ~~/ G~'/o S ~~-q ~~~ s, ~~ d