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04-024, Silicon Valley Animal Control Authority-no agreement in file NO AGREEMENT IN FILE ITY OF CUPEIUINO bY ~6aL{ City Hall 10300 Torre A venue Cupertino, CA 95014-3255 Telephone: (408) 777-3220 Fax: (408) 777-3366 DEPARTMENT OF ADMINISTRATIVE SERVICES SUMMARY Agenda Item No. ,2 \ Meeting Date: AprilS, 2004 SUBJECT AND ISSUE Approve the Agreement among Silicon Valley Animal Control Authority (SV ACA) and its member cities regarding purchase of the Thomas Road Property. BACKGROUND The City of Cupertino is a member of SV ACA until June 30, 2004. The entity is currently in the process of purchasing property on Thomas Road for its animal shelter. On March 4, the three remaining SV ACA city members (Santa Clara, Campbell, and Monte Sereno) met to discuss the manner in which SV ACA can proceed with the purchase of the Thomas Road property without impacting the current year's budget. The attached agreement establishes an arrangement to purchase the property which ensures that no contributions or funds from the withdrawing cities (Cupertino, Los Gatos and Saratoga) are encumbered or used in the property transaction. The withdrawing cities recognize their obligation under Section 8.1 of the Joint Powers Agreement not to affect the ability of SV ACA and the continuing cities desire to purchase the Thomas Road property in a manner that keeps faith with the understanding that the withdrawing cities will not be required to contribute funds toward the capital improvement expenditures for the animal shelter. In order to carry out these objectives SV ACA and its current member agencies would agree to proceed with the purchase of the property in accordance with the following: 1. The continuing cities will arrange among themselves to tender sufficient funding to SV ACA to cover the full purchase price of the property in the amount of $2,450,000, plus any amounts that may be needed to cover transactional costs of the property acquisition ("Payment"). The payment will be provided to SV ACA in a timely manner such that SV ACA can meet its financial obligations under the purchase agreement for the property. 2. SV ACA will place $100,000 of the payment from the continuing cities in its current operations reserve account to reimburse SV ACA for the $100,000 now on deposit in escrow for the property and previously paid out of SV ACA's operations reserve. SV ACA will place the balance of the payment from the continuing cities in a separate and segregated account for the purchase of the property. SV ACA will only use funding from this segregated account to cover any and all financial obligations related to and necessary for the acquisition of the property. Printed on Recycled Paper c2{-1 3. SV ACA shall maintain a complete and accurate accounting of the funding received from the continuing cities pursuant to this agreement and the manner in which the funding in the segregated account for the property acquisition is expended. 4. Upon consummation of the property acquisition, SV ACA shall hold title to the property, as contemplated by the purchase agreement for the property. 5. The withdrawing cities, individually and as a group, hereby release, relinquish, discharge and forever disclaim any right, title, interest or entitlement of any kind in the property. Staff believes that this agreement benefits all of the parties by clarifying the financial responsibility of the continuing cities for the purchase of the Thomas Road property and releasing the withdrawing cities from any responsibility for or interest/entitlement in this property. Finally, the agreement ensures that the current year budget will not be impacted by the capital expenditures for purchase of the property. RECOMMENDATION: Staff recommends that Council approve the Agreement Among SV ACA and it member cities regarding the purchase of the Thomas Road property. Submitted by: submission: c~}]~ {]\~ Carol A. Atwood Director of Administrative Services David W. Knapp Ci ty Manager 2l - :L AGREEMENT AMONG SV ACA AND ITS MEMBER CITIES REGARDING PURCHASE OF THOMAS ROAD PROPERTY This Agreement is entered into among the Silicon Valley Animal Control Authority ("SV ACA") and its member Agencies, Santa Clara, Campbell, Cupertino, Los Gatos, Saratoga and Monte Sereno, on the dates hereafter indicated. WHEREAS, SV ACA and its current six Member Agency cities approved and executed the Second Restated and Amended Joint Exercise of Powers Agreement Creating the Silicon Valley Animal Control Authority in October and November of2003 ("Joint Powers Agreement"); and WHEREAS, three Member Agencies, Cupertino, Los Gatos and Saratoga, have given notice to SV ACA of their intent to withdraw from SV ACA as of June 30, 2004 ("Withdrawing Cities"); and WHEREAS, three Member Agencies, Santa Clara, Campbell and Monte Sereno, have elected to remain in SV ACA and to carry out its missio~ including the construction of an animal shelter ("Continuing Cities"); and WHEREAS, SV ACA's Operating Budget for FY 03-04 ("Budget") excluded capital expenditures related to the animal shelter as some Member Agencies were weighing their long- term participation in SV ACA when the Budget was developed; and WHEREAS, SV ACA is in contract to purchase 3370 Thomas Road ("Property") for its animal shelter but SV ACA does not have sufficient funds to cover said purchase based on the agreed upon contributions from Member Agencies to support the Budget; and WHEREAS, the Continuing Cities desire to establish an arrangement to purchase the Property which ensures that no contributions or funds from the Withdrawing Cities are encumbered or used in the Property transaction; and WHEREAS, the Withdrawing Cities recognize their obligation under Section 8.1 of the Joint Powers Agreement not to affect the ability of SV ACA and the Continuing Cities to carry out and fulfill the purposes of SV ACA; and WHEREAS, in order to achieve these objectives, SV ACA and its current Member Agencies have agreed to proceed with the purchase of the Property in accordance with the terms and conditions set forth below. NOW, THEREFORE, THE PARTIES AGREE AS FOLLOWS: 1. The Continuing Cities will arrange among themselves to tender sufficient funding to SV ACA to cover the full purchase price of the Property in the amount of$2,450,000, plus any amounts that may be needed to cover transactional costs of the Property acquisition ("Payment"). 1 1091781.1 ;2..1-3 The Payment will be provided to SV ACA in a timely manner such that SV ACA can meet its [mancial obligations under the Purchase Agreement for the Property. 2. SV ACA will place $100,000 of the Payment from the Continuing Cities in its current operations reserve account to reimburse SV ACA for the $100,000 now on deposit in escrow for the Property and previously paid out ofSV ACA's operations reserve. SV ACA will place the balance of the Payment from the Continuing Cities in a separate and segregated account for the purchase of the Property. SV ACA will only use funding from this segregated account to cover any and all fmancial obligations related to and necessary for the acquisition of the Property. 3. SV ACA shall maintain a complete and accurate accounting of the funding received from the Continuing Cities pursuant to this agreement and the manner in which the funding in the segregated account for the Property acquisition is expended. 4. Upon consummation of the Property acquisition, SV ACA shall hold title to the Property, as contemplated by the Purchase Agreement for the Property. 5. The Withdrawing Cities, individually and as a group, hereby release, relinquish, discharge and forever disclaim any right, title, interest or entitlement of any kind in the Property. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and attested by their proper officers thereupon duly authorized and their official seals to be hereto affixed on the dates as shown herein. MEMBER AGENCIES APPROVED AS TO FORM: By: Its: Date: ATTEST: By: Its: Date: CITY OF CAMPBELL, a municipal corporation By: Its; Date: 2 1091781.1 l,-L( APPROVED AS TO FORM: By: Its: Date: ATTEST: By: Its: Date: APPROVED AS TO FORM: By: Its: Date: ATTEST: By: Its: Date: APPROVED AS TO FORM: By: Its: Date: ATTEST: By: Its: Date: CITY OF CUPERTINO, a municipal corporation By: Its; Date: CITY OF MONTE SERENO, a municipal corporation By: Its; Date: CITY OF SANTA CLARA, a municipal corporation By: Its; Date: 3 1091781.1 21-5"' APPROVED AS TO FORM: By: Its: Date: ATTEST: By: Its: Date: ATTEST: By: Its: Date: CITY OF LOS GA TOS, a municipal corporation By: Its; Date: CITY OF SARATOGA, a municipal corporation By: Its; Date: 4 1091781.1 2-i-~ APPROVED AS TO FORM: By: Its: Date: