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03 - Agrmt-Overland Pacific and Cutler
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03 - Agrmt-Overland Pacific and Cutler
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1/3/2012 3:33:28 PM
Creation date
1/20/2011 12:51:07 PM
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City Clerk
Doc Type
Agenda Packet
Item #
03
Date
2/16/2010
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5. After the closing, review the title insurance policy for accuracy. <br />6. Prepaze and mail a letter to County Assessor requesting cancellation of taxes if <br />appropriate. <br />If Settlement by Eminent Domain: Assist eminent domain counsel with the <br />following: <br />7. Prepare a letter for the client signature, to eminent domain counsel requesting <br />proceeding to condemnation. <br />8. Provide eminent domain counsel with available right of way maps and legal <br />descriptions, preliminary title reports and title review documents, and information <br />on how to contact each owner or interest holder. <br />9. Provide eminent domain counsel with a duplicate copy of the parcel file, together <br />with a copy of the appraisal, offer to purchase, corespondence, acquisition <br />contract, and deed as presented. <br />10. Convert preliminary title reports to litigation guarantees for eminent domain <br />counsels' use. Title company fees (based of the value of the interest required) are <br />additional. <br />Title Clearance Services <br />1. Work in conjunction with escrow officer to facilitate the clearance of title matters <br />as set forth in the settlement memorandum and escrow instructions. <br />2. Coordinate payment of taxes due and release of liens. <br />3. Secure full or partial reconveyance instruments from lien holders of record. <br />4. Coordinate lost instrument bonds as may be necessary. <br />5. Coordinate and facilitate recordation of corrective deeds to clear vesting issues. <br />6. Secure subordination agreements from conflicting easement holders. <br />Relocation Plan Preparation Services <br />1. Interview all potentially affected occupants to determine relocation needs. The <br />interview queries business needs, special licensing or zoning needs, needed <br />permits, information on trade areas, special moving requirements, eta The <br />interview also queries household information such as: the number, ages and <br />gender of all occupants, income of the household, distance to employment and <br />utilized neighborhood services, special needs of the household, etc. <br />2. Research the marketplace for available replacement locations and/or establish rent <br />schedules for compiling project costs. <br />3. Compile statistics on available housing and business replacement sites. <br />4. Calculate potential project costs. <br />5. Present draft relocation plan to client. <br />6. Distribute plan to project participants and make it available for public inspection. <br />7. Make any needed revisions brought up during the public inspection period. <br />8. Participate in adoption presentation meeting. <br />12 <br />3-16 <br />
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