Review Agenda Item
Meeting Date: 12/14/2022 - 4:00 PM
Category: Action Items
Type: Action
Subject: 16.4 BUILDING AND GROUNDS: Ratification of Agreement With Global Investment Pool, LLC Regarding Surface Runoff Across Property Line of Tract Map 36785 and Liberty High School (no fiscal impact)
Strategic Plan:
Enclosure
File Attachment:
Agreement with Global Investment Pool, LLC.pdf
Summary: The District was approached by Global Investment Pool, LLC (“GIP”), the land owner of a parcel adjacent to Liberty High School identified in Tract Map 36785, with a request to execute an agreement detailing how water flows would be permitted across the shared property lines. The agreement, negotiated with the assistance of legal counsel, provides in part that the parties will agree to a certain magnitude and concentration of water flow between the parcels. The agreement also places conditions on the nature of these flows of water and specifies a notice and cure process and dispute resolution process that the parties will use should a dispute regarding these flows arise. GIP has requested to record this agreement against both parcels.
Funding: No fiscal impact.
Recommendation: It is recommended that the Board of Trustees ratify the Agreement with Global Investment Pool, LLC regarding Surface Runoff Across Property Line of Tract Map 36785 and Liberty High School.
Approvals:
Recommended By:
Signed By:
Hector Gonzalez - Director of Facilities
Signed By:
Candace Reines - Deputy Superintendent
Signed By:
Grant Bennett - Superintendent
Vote Results:

Original Motion
Member David Nelissen Moved, Member Edward Garcia, Jr. seconded to approve the Original motion 'It is recommended that the Board of Trustees ratify the Agreement with Global Investment Pool, LLC regarding Surface Runoff Across Property Line of Tract Map 36785 and Liberty High School.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0.
The motion Carried 5 - 0
   
Edward Garcia, Jr.     Yes
Elizabeth Vallejo     Yes
David Nelissen     Yes
Anthony T. Stafford, Sr.     Yes
Steve Campos     Yes