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File #: 21-0507    Version: 1 Name:
Type: Discussion Items Status: Agenda Ready
File created: 4/21/2021 In control: Council Work Session
On agenda: 4/27/2021 Final action:
Title: A Resolution of the Salt Lake County Council Authorizing the Execution of a Real Estate Purchase Contract and Settlement Agreement Between Magna Metro Township, Salt Lake County, And Sego Properties, LLC, Including the Release of a Portion of an Easement Over Certain Related Real Property Located Magna, Utah
Attachments: 1. Staff Report, 2. Resolution for Release of Easement - Sego Properties - AATF, 3. Magna-Sego REPC (FINAL) 4-21-2021 4833-0455-4214 v.2 - AATF
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Requested Agenda Date:
4/27/2021

Requested Agenda Title:
Title
A Resolution of the Salt Lake County Council Authorizing the Execution of a Real Estate Purchase Contract and Settlement Agreement Between Magna Metro Township, Salt Lake County, And Sego Properties, LLC, Including the Release of a Portion of an Easement Over Certain Related Real Property Located Magna, Utah
Body
Requested Agenda Item Description: Sego Properties, LLC is the owner of real property in Salt Lake County, Utah, more particularly described as Salt Lake County Parcel No. 14-33-227-028-0000, with the address of 7373 W. 3500 S., Magna, Utah. On February 21, 1978, Salt Lake County recorded a perpetual surface drainage easement, which gave the County an easement that authorized it to install a storm drain pipeline for the transportation of surface water over, across, through, and under the northeast quadrant of the Sego Property. After acquiring the Stormwater Easement, the County installed a stormwater drainage pond that now occupies the northeast quadrant of the Sego Property. When Magna Metro Township incorporated as a municipality in 2017, it assumed ownership of the stormwater facilities within its municipal boundaries, including the Pond and Stormwater Easement, along with the County's stormwater responsibilities. A dispute arose between Seller and the County over the maintenance of the Pond and the Stormwater Easement, which resulted in a maintenance agreement dated July 7, 2017 between Seller and the County, pursuant to which the County agreed to make certain improvements and to landscape the area. A subsequent dispute arose between the Parties over the scope and intent of the Maintenance Agreement and Stormwater Easement. To resolve this dispute and all claims that Seller may have against the County and Buyer, Buyer will purchase the portion of the Sego Property on which the Pond is located, and Buyer will also pay Seller an additional sum to settle all present and past disputes, c...

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