HomeMy WebLinkAbout1986 HONORABLE MAYOR AND CI.TY COUNCIL
,KERN
COUNTY
O'PPOR IUN I ~
CORPORATION
CONSOLIDATION PROPOSAL
BY
~ERNON D. STRONG
As of August 5
KERN COUNTY ECONOMIC OPPORTUNITY CORPORATION ~
BOARD OF DIRECTORS
ROSTER
PUBLIC OFFICIALS (Category I - Seven Seats):
LISA GREEN (July 1986) 1215 Truxtun Avenue Bus: 861-2421
District Attorney Rep. Bakersfield, CA 93301 Res: 835-1595
BARBARA BARTENSTEIN (Jan. 1985) 2828 "K" Street Bus: 324-7360
33rd Assembly District Rep. Bakersfield, CA 93301 .Res: 399-8659
FRANK NAJAR (Feb. 1986) 315 N. Lincoln Street Bus: 765-4121
Kern County Board of Sup. Rep. Taft, CA 93268 Res: N/A
DORIS CRUZ (Oct. 1985) 3527 Balboa Drive Bus: N/A
16th State Senatorial District Rep. Bakersfield, CA 93304 Res: 831-1863
JOHN NILON (May 1986) 2117 Elaine Street Bus: 861-2195
· Mayor's Office Rep. Bakersfield, CA 93304 Res: 831-3109
MICHAEL WORTHING (May 1985) 5401 California Avenue Bus: 323-3400
20th U.S. Congressional District Rep. Bakersfield, CA 93308 Res: N/A
CLYDE JOHNSTON (May t985) 6709 Hooper Avenue Bus: N/A
Kern County Sup. of Schools Rep. Bakersfield, CA 93308 Res: 393-3843
LOW INCOME (Category II - Eight Seats):
SONYA FLOURNOY (July 1984) 18049 Wasco Avenue Bus: N/A
Shafter/Wasco/Butnw.; (Alt: D. Story) Shafter, CA 93263 Res: 746-3449
CHRISTINE~MORRIS (Oc%. 1984) 127 Dover ST. Apt. A Bus: 725-0808
Delano/McFarland (Alt~ B. DaraDiza) Delano, CA 93215 Res: 725-4099
FREDA RAY' (Nov. 1984) 601 Cantleberry Lane Bus: 323-3905
Head·Start Parent Policy Council Bakersfield, 'CA 93304 Res: 832-8717
JONATHAN WEBSTER (Nov. 1984) 109 Donna Avenue Bus: 323-5606
So. Bakersfield (Att: .~ S. Reed) Bakersfield, CA 93305 Res: 323-3426
CARLOS LOPEZ 1606 Beale Avenue Bus: 324-6501
East Bakersfield (Alt: C. Estrada)· Bakersfield, CA 93307 Res: 326-1046~_
ANDREA PALLARES (Aug. 1985) 514 East Casa Loma Drive Bus: 834-30i2
Central Bakersfield (Alt: M. Kendrick) Bakersfield, CA 93307 Res: 324-7421
Arvin/Lamont Bus:
Res:
JOHNNIE HUNT (July 1986) 8233 Hemlock Bus: 373-2451
California City/Mojave (Alt: L. Nelson) California City, CA 93505 Res:· N/A
PRIVATE SECTOR (Category III - Six Seats):
FRED GARCIA (April 1984) 4409 Adidas Avenue Bus: 395-7780
Pacific Gas & Electric Bakersfield, CA 93309 Res: 831-8692
ANDRE'-BINNS (June 1984) 2612 Dore Drive Bus: 395-604i
Central Labor Council Bakersfield, CA 93304 Res: 831-7983-
PEGGY RANGEL (April 1985 P.O. Box 11079 Bus: 327-1533
Wells Fargo Bank Bakersfield, CA 93389 Res: 397-9625
JERRY BOWMAN-(March 1986) 2525 N. C~ester Bus: 392-3223
Chevron U.S.A. Inc. Bakersfield, CA 93308 Res.: 833-6256
ELOUISE PERRY ·(Sept. 1985 721 "N" Street Bus: 324-4756
'~?" NAACP .
VACANT Bakersfield, CA 93304 Res: 325-1093
·BUEINE88 82e E. CALIFORNIA AVENUE BUSINE88 TELEPHONE $24-80el
HOME 217T STREET HOME
VERNON D. STRONG
REAL ESTATE BROKER -:- NOTARY PUBLIC
BAKERSFIELD, CALIFORNIA
21, 1986
HONORABLE MAYOR AND
MEMBERS OF THE CI1Y COUNCIL
1501 TRUXlUN AVENUE
BAKERSFIELD, CALIFORNIA 9~30].
~Nll_EMEN
THANK YOU FOR THE OPPORllJNIIY TO PRESENT TO YOU A 1ENTATIVE DEVELOPEMENT
AND MANAEEMENT PROROSAL TO CONSOLIDAIE 1HE COMPONENT: ',OFFICE SPACES OF llqE
KERN C~IY"-'ECONOMIc"~~NI~' CORPORATION, KCEOC,. LIKE MANY OTHER
AEENCIES SUBSIDIZED BY 1HE GOVERNMENT, IS AT1EMPTING TO STREMLINE ITS'
OPERATION IN ANTICIPATION OF 1HE (~AMM - RUDMAN - HOLLINS CUTS: BUT, IT
HOPES TO DO SO IN SUCH A WAY AS NOT TO REDUCE '[HE LEVEL OF SERVICES THAT
THE COMMUNITY HAS cOME TO EXPECT,
BECAUSE THE COST AND OTHER ESTIMATES CONTAINED HEREIN ARE NOT BASED ON
FORMAL pLANs AND SPECIFICATIONS THIS DRAFT IS PRESENTED AT 'rHIS TIME FOR
THE COUNCI'L'S CONCEPTUAL APPROVAL ONLY. IF SUCH APPROVAL IS GIVEN STEPS
WILL BE INITIATED IMMEDIAIELY TO DEVELOPE A FORMAL PROPOSAL FOR COUNCIL
CONS I DERATI ON ,,
THANK YOU.
VERNON D.
"Helping People to Help Themselves"
15 May 1986
Mr~ George A. Caravalho
City Manager
City'of Bakersfield
1501 Truxtun -Avenue
Bakersfield, California 9330.1 '"
Re: Letter of Interest
Dear Mr. Caravalho:
Kern' County Economic Opportunity Corporation, as you know,
is the Federally and State' recocjnlzecl anti-poverty agency in Kern
COunty. ''As such, the Agency provldes'a wide range of services
to the lo~v-income and elderly throughout the county.
KCEOC has its main Administrative Offices at 1655 E. California
Avenue. This area, whlIe generally within an economically deprived
area, is surrounded with industrial type businesses. Other KCEOC
program Administrative Offices are located generally in the Southeast
Bakersfield area. For s9me time, I have sought a location and
facility which would put KCEOC closer to the population we serve
and provide for ali Program Directors and facilities to be co-located.
KCEOC has been approached with a Proposal, which involves
the City and a developer, to construct a facility for KCEOC on a
piece of undeveloped property (California Avenue and Robinson
Street). This proposal and a subsequent move would facilitate
improved services to the Community and serve to improve the property,
in an area that desparately needs improvement. This consolidation
would also reduce KCEOC's overhead costs and allow more funds
to be devoted to KCEOC programs for the Community.
The purpose of this letter is to advise you of KCEOC's interest
in this project and to urge you and your staff to support the proposal
when presented. I will continue to keep you and your staff apprised
of the situation.
Respectfully,
Frederick A. Drew
Executive Director
FAD/ss
Kern County Economic Opportunity Corporation ' '
1655 Easl California Avenue · Bal(erstield · Ca · 93307
(805) 322-3041
CHAIN, YOUNGER, LEMUCCHI, NORIEGA,
~i~_h '-~ = ~ COHN, STILES & RODRIGUEZ
MILTON M YOUNGER
TIMOTHY J. LEMUCCHI
JAMES E NORE[GA 1128 TRUXTUN AVENUE
DAVID K. COHN BAKERSFIELD, CALIFORNIA 93301-4692
DAV.~V, ST,LES May 21, 1986 18o~)32.-6so,
DANIEL RODRIGL~Z
JAMES A. YORO
JOHN A. TELLO 1231 MAIN STREET
PAUL A WELCHANS DELANO, CALIFORNIA 93215
MICHAEL U. EDWARDS (805) 725-4040
~CHAEL R. KILPATRICK
PATRICK M ALDERETE
PEGGY NOLAND
HONORABLE MAYOR and
MEMBERS OF THE CITY COUNCIL
1501 Truxtun Avenue
Bakersfield, CA 93301
Re: Vacant Land on East California Avenue
Between Owens and Robinson Streets
Please be advised that the above described property is available
for the KC~OC..p~Qposa! contained herewith subject, of course, to
our approv&!':!of'&ll::~'OOsts, terms, and conditions set forth in
formal Plans'and.~speCifications to be .developed at a later date.
Yours very truly,
MILTON M.
dp
~, ~, ' ~ ' ~ i.oo .o~, '
~
,.J.
)~~( )~d "~ ;,~
I
Z I'I'I'I*I'oj?''': ,' ..... l~''<f/q'::' '" 'lll ,.~ :''' ''; '
Kern ,~d~,
...... r
?mTRI? .&.. DIC3CR~PTZON
~ARCEL 1: lots 33 and 40, Block 191 in the City of Bakersfield,
County of [era, State of California, an per Map recorded
November 25, 1896 in Book 1, Pages 13-14 of Maps, in the
Office of the County Recorder of said County'.
PARC~L 2: &Il that portion of lots 1 &nd 3
" and 2 of ~look 3, of Amended Map :~GraysonBl°ck 2,Addttlonnand lots ~o
the Town of Kern, as per Map filed December 11, 1913, at
30 minutes past 4:00 p.m. in the Office of the County
Jtecorder, County of Kern, State of California, together
with tho vacated portion of Gage St;eet, described as
follown:
BEGINNING at the Northwest corner of said Lot 2 of 8aid
Block 3, thencc North 89' 45' East along the North line
of said Block~ 3 and 2, 921.82 feet to a point in the
.co. ~2.. ~ ~GU~lJu~u SL~'ueL, au shown on hap o! Tract
1301, recorded in Map Book 5, Page 141, Official Kern
County Rncords; thence South 17' 24' West along the
lesterly line of said Robinson 3trent 136.42 feet to a
point, 130 feet South of, measured,at right angles to
the North line of said Block 2; thence South 80' 45'
lent parallel to North line of Bald Block 2, 880.48 feet
to n point in the East line of Owens Street 60 feet wide
and the lest line of said Block 3; thence North O' 14'
Kern, 8tats of California, as per Map thereof recorded
June 16, 1910 in Book 3, Pass 3 of Maps in the Office of
the County Recorder of said County;
EXCEPTING ~EREFROM that portion thereof embraced within
a strip of land 55 feet wide lying conti~uous to and
F,a~terly of the following described line:
BEGINNING at the ,intersection of the Westerly prolonga-
tion of the North linc of Lot "A" of said Waits
Subdivision with the Center line of the Department of
Public Works Survey between Sttne Canal and Southern
Pacitlc CroeeLa~ at Oildale, Road VI-KER-142-A as said
Center line ie shown on rhone certain layout sheets
filed December 27, 1940 In State Highway Map Book No. 1
at P~en 299 to 30~, Kern CoUnty Recorders, said Inter-
section beluK ~neineer's Station
Survey; thence 8outh O' 27' East. 170 feet along naid
Center line of the Survey tn fha
of the South line of North half of Lot "~"'of sa~d
Subdivision.
!
L gt,.~ ~gVd Z ~
~ 3^I~V 00000 .... 000 OOC;
06~?LO'L Zt'99 ., 000 Z ..... lS¥~ °iS H£LC 0[[ ,- 06~
~/LL/LL ~/LL/LL O00Z N., ZO[[6 ¥~ Q~zJsu3~ve ,..
9-~6'0z~ S-ZZ'L6L ...... 00/00/00 IS¥3 '£S HiLL 0[£ ,,~
S-~'LOZ .............. L6L'~ ..... L ZLG-LO0 ~. 6-O0'LO~
~/L~/LL .. ~g/L~/LL ...... L0£[6 ¥3 ~3I~S~3~¥8 000000~099 ...
S-~8'f$6 ~-9~'Lg~ .... L~/L[/~O DAW N~lX~l ~[~
~-Lt'O06 ............... LLg'Zg . gS60-96~[ ~FL / L ,~ !LO-LO0 ~. Z-gZ°OZL
S-g9' LZ~ Zg'Z~ ~-9Z'BZ~ -- Z~0L-9Z[~ 33q A1136 ~ g NO/qIH U39NNOA
L 3AII3W . 00000 ~. 000., 0000 ...... L
9-O()-9L~LO-~g OZ'~[~ aq3zJSa3~ivo lSV~ £S H£O~ OLZL ~ .. Z-OO-gZg~L
g66S~0' ... ~t'LL .-, t96'[t 996~[9 ~ ., Z0[£6 VD Qq]ISSUg~¥O
oes~o-~ .... so'9~ ....... aa zz~]~ ~oo[ ,. o6s~t
[-S~'O[z ........... -~ Z[~ 9 ~ ,,, SXdW VLSIA Vge t ,~ !LO-LO0 -. [-99'0[9
· ~-~9'Z8£ gZ't[ ~-te'Z~[ .... ~9L~-TZO~ ,. VA3N~S I 9IOOf ~Vq3 3L-OO-[O-Z[O-~LO .. g-eS'S!!
L 3^Zl3v . 00000 .. 000., 0000 ...... L
L-O0-~L~ZL0-~8 . 0~'[~ . QqgI]S~gNYg ]AV R]IA3~ffq 000& .., 6-00-ZZgZL
5e65ZO' .... 65'[ -, Zig'IL ZIg'IL ..... ZO[[6 ¥3 Qq3%~SU3~Vg ' SB6S~
06~gLO'L ... 9['O~L ...... ' .. LS H~LL 9 0[[
~g/L[/OL . 58/L[/OL .. .~ tZS .... tOil6 VD Q~gZ~SUgNVO ...
[-LZ'OgZ 9-Zt'zZZ -~ ~ 00/00/00 LS HLLL 3 0£[ .,- 09006 ZOoBL ~ Z-gS'~gZ
6-tg'8[~ ........... ~ ZSg [ ~. ., 3SN044 ~3! VlSIA WOQ L ZLO-.O0 ... O-[6'ZZZ
0 3AILDV . .. 00000 .. 000 .. 0000
5865ZO' ... ZZ'ZZ . -. ~68'90L 96g~90L ..... ' Z[L96 93 03SI3NYUJ NVS
06~?LO'L .... [~'t~O L ...... O00Z£ XOB 0 d ,. 06St~
- 58/90/~L ...... . Z[L96 VD 03SZDNV~J NVS 000'~0096[ ...
[-Z['SZ[sL t-O~'~6L'L -,- -- 00/00/00 O00Z[ XOe 0 d -~ ZOZg~ OLOLE . 9-6L'ZLZ
O-L9'L99 eL'69 ~-6~'L6S ~ 099~[9 " .... S ~ 09ZZ~ . 6-6~'[LL
5-0o-~5~o-5~ os'~e ' - o~z~s~ve ~sv3Z°°°~^V"vz.~ojz~v3 £[z~ .... [-oo-sz~
~6~Z0' .. 9~'L~ - ZL~'~SL ZL~'~L ., L[ZLL AN NAq~OO~G
06S~L0'L .. ~g'LLg'L .. '. ..... ~S aN033S SZL ~
- -- OOS~Z - ., 60[[6 V3 aq3IJSa3~vg ... S~/6.
[-OZ'OL6'L 9-OL'9[Z'L 00~,~ ' -- ~/~0/~0 Avfl 3¢a]A WISIA 006
~-ge't96 0~'96 g-gO'~9g gO0 ~LL ..... ~ :. 00000 - O-SL'9~L
gg6S~0' .... g~'~ ... SgL'ZL S~L'ZL .... L[ZLL AN NAqX00aB [~ J-
· 06ggLO'L .... S6'[ZL ...... £S QN033S SZL ,= J 06S~t
PROPER,1Y DISCRIP1]ON
NORTH LINE 921.82'
SOUTH LINE~ - .... 880.48'
EAST/WEST .... ]30.00'
IOTAL SQ. FT. ....... 117,149.5
ACRES -2.83
ASSESSED VALUE ----- --$82,411.00
TAXES .......... 857.54
I~.RN COUNTY ECONOMIC OPPORTUNITY
AdfniniWative Office ~655 E Califon~o Av ........3223841
Conwunity Action Centers
CaM PMk Facility Z0(10S0wens .............. 323 806]
LowMi Youth Cmlter g~3-Sth ............ '....3258303
B~tto~wilk:)w Ul EF~t lut~o~wiliow .......... 7645072
DMano 701G~e~vo(~ [~o. ....... ' ........... 7250808
LMn(mt ]OgOTlbifl Lmnt. :.. ................. 845 379]
Wasco 745EStWaKo ...................... 758 5374
Hesd Start C~ntrll AdrniniW~t~on
725 E California Av,324 4]86
Head Start Centors
Hesd Sta/t Central Kib:hen 8~.5 Eurdo .......325 9806
BakerstiLqd West 926-mb .................. 323 0327
Calif(xnia Avenue ]OQOSOwens ............. 322 5640
Colone~ Ba~er lqlSFetizDr ................. 832 8454
Kirn Riw Vojley
450~ LMm Zsabefla BI Lake Zsab~ia,619 379 5855
Shaftar 452 Los AngduAv Shirr ..... ........ 746 6477
Taft 120Woodrow Talt ..................... 76353]4
)655 £ California Ay. 324 2686
A~'vin 8QQWalnutD~An .................... 854 3139
Bake~fi~d 5~0-4m ....................... 325 7205
Our LadyOf Guadalu~e 522E]lth ........... 323 7291
Butto~willow l],lEF'nt Bl~onw~lh~v ......... 764 5913
Wilco ~ ~ Ay Wesco ................ 7~81
CMito;nb ~ ]M~ ~ Mil ~ .... 619 373 4278
M~M 2Mgifl~ M~ ..................... 824 45]5
Tdu~i Z~S ~yes Tdm~ .............. 822
He~ FO~Ji~ 699 E 8~ ............ 327 97~
wit ~ E Cdiforn~Av ................... 3273074
Tmu~ ~ ...................... 3~ 594!
D~m2Wes~e~J~o(s Pl'o~c~ 2655ECaJiforflMAv.325 2235
il~ Com~ EMdfluJ A~preW~ hiM~g.l~.324 O]O5
KCEOC SPACE ALLOCATION PROPOSAL
SQ.FEET.
1, COMMUNITY'SERVICE PROGRAMS -- 1,q00
2, HEAD START 2,500
3, SENIOR NUTRITION PROGRAMS .... 1,qO0
Q. ENERGY & REHAB. (ADMINISTRATION) 1,800
5. OPERATIONS, PLANNING & PERSONNEL 1,800
6, EXECUTIVE DIRECTOR 1,000
7. FISCAL (CONTROLLER & ACCOUNTING) 3,000
8. FAMILY HEALTH CLINIC 3,600
9. WEMON INFANTS AND CHILDREN (WI C) 3,600
10.CONFERENCE AND ALL PURPOSE ROOM 1,600
ll,COMMON AREAS .............. 1,000
12,RECEPTION AREAS (BOTH BUILDINGS) GO0
13,RESTROOMS (ALL ADMINISTRATIVE BUILDINGS)--, 300
lq,SAFE (WALK IN) ......... 100
15,SUPPLY ROOM 200
;,
TOTAL SPACE( ADMINISTRATIVE) (F & S) 23,900
1,: ENERGY STORAGE WAREHOUS.E /-1,800
2. MECHANIC, SHOP, COLD STORAGE 1,920
TOTAL SPACE (SHOP - METAL CONSTRUCTION)- 6,720
PROJECT OOST ESTIMAI-E
LAND VALUE (117,149.5 X $2.50 PER SQ. FT.) $ 292'874.00
OFFICE BUILDING (23,900 X $55.00 PER SQ. FT.) 1,314,500.00
SHOP & STORAGE METAL BUILDING (6,720 X $8.00) 53,7EO.00
SIDEWALKS & MISC. CONCRETE 15,900,00
APPROACHES,CURB CUTS,SITE PREPARATION 10,000.00
PARKING AREA (BLACK TOP APPROX. ~,000. SQ. FT.) --- 136,000.00
FENCING (APPROX. 950 LONG X 7FT. HI~) ' q,750.00
INSURANCE AND SECURITY DURING CONSTRUCTION PHASE --- 12,000.00
LOAN ORIGINATION FEE DURING CONSTRUCTION (1 PT.) - 13,700.00
LOAN ORIGINATION FEE PERMANENT LOAN ( 2 PTS.) 30,000.00
INTEREST (CUMULATIVE FOR 1 YR. ON $1.8 MIL. ) ..... 1G2,000,00
PLANS AND SPECIFICATION 82,100.OO
RESERVE FOR CONTINGENCIES 32,000.00
INCENTIVE AND MOTIVATION (LEASING & RE'LOCATION )--- 153,500.00
TOTAL ESTIMATED VALUE OF PROJECT $ 2,313,084.00
LAND AND IMPRO~EMEN~
ESTIMA1E ~_UE OF PROJECT $ 2,313,084
AMOUNT OF LONG 1ERM LOAN ( 75 ~ ) 1,734,813
EQUI1Y REQUIRED m_ (25 ~ ) 578,271
ES'[IMA1F_D PRE$~tT ~[.UE OF 1HE LAND ~ ( ]~3 ~ ~) ..... 292,8?4
ES'[IMA1E EQUI1Y DEFICIT $ 286,087
ES'[IMA1ED ANNUAL OPERATING EXPENSES
P & I TO A~ORTIZF DEBT (25 YRS, 12. % ) ..... $ 219,258,00
TAXES ...... -23,000,00
INSURANCE .... 1 ~, 000. O0
UTILITIES (Ou'IIIDE LII]-ITING & WAllER ) 3,000.00
MANA~T. (PRI~'IE OR K{EOC ) ....... F.,,O00,O0
TOTAL Es'rImlED OPERATING EXPENSES ~ 279,2.5B.00
DEFICIT ANALYSIS
ESTIMATED VALUE OF PROPOSAL $ 2,313,084.00
AMOUNT OF EQUITY REQUIRED BY THE LENDER 578,271.00
ESTIMATE AMOUNT OF PERMANENT LOAN $1,734,813.00
MONTHLY DEBT SERVICE:(25 YRS./ ]2~; )($18,271.00)
YEARLY AGGREGATE PAYMENTS 219,252.00
ANNUAL OPERATING EXPENSES EO,O00.O0
ANNUAL PAYMENTS AND EXPENSES $ 279,252,00 ,
RENTAL OF OFFICE SPACE (2.3,F:/DO SQ. FT. X 7.20 = 172,080.00
RENTAL OF SHOP SPACE. ( 6,700 SQ. FT. X 4.80 = 32,55G.00
TOTAL RENTAL INCOME 204,3~G.00
ESTIMATED YEARLY DEFICIT $ 74,916.00
AMOUNT OF EQUITY TO REDUCE DEFICIT TO "0" 592,751.00
12 % LAND VALUE (DEFICIT) 286,087.CD
TOTAL AMOUNT OF PARTICIPATION REQUIRED $ 878,838.00
Sl/ NDARD CERTIFICATIONS
THE OWNERS CERTIFIES THAT THE PROPERTY IS AVAILABLE FOR THIS
PROJECT,
2, THE PROPERTY IS CLEAR OF ANY LEINS AND / OR ENCUMBERANCES WHICH
MAY PREVENT IT FROM BEING USED FOR THE INTENDED PURPOSE,
3. KCEOC PLANS TO LEASE THE PREMISES, SUBJECT TO THE LIMITATIONS 'IM-
POSED ON IT BY THE VARIOUS FUNDING SOURCES,
4, A FORMAL EVALUATION OF 1HE PROJECT CAN ONLY BE MADE AFTER PLANS
AND SPECIFICATIONS HAVE BEEN COMPLETED AND APPROVED,
5, BOTH THE CI1Y AND 'DiE OWNER WOULD APPROVE ALL LEASE AEREEMENTS.
BO'IH 'DiE CITY AND 'DiE OWNERS WOULD APPROVE ALL CHANEE ORDERS,
7, EVIDENCE OF FINANCING TO BE GIVEN AFTER PLANS AND SPECIFICATIONS
HAVE BEEN COMPLE1ED AND APPROVED,
8, CERTIFICATION OF PROPER LAND USE TO BE PROWDED,
9, CERTIFICATION OF ALL PLANS, SPECIFICATIONS, SNND ACTUAL CONSTRUCTION
BY A LICENSED ARCHITECT DURING EVERY PHASE OF THE PROJECT,
10.THE PROJECT COULD BE COMPLETED WITHIN 1 YEAR,
JOHNENRIQUEZ, ENRIQUEZ CONSTRUCTION
TABLE OF CONTENTS
SECTION'A Cover Letter
8(a) Certification
Letters
CHFA Letter
SECTION B CDBG Application
Construction'Cost
Breakdown
Purchase Contract on
Subject Par'cel
SECTION C Personal Resume
Financial Statements
1~84 and 1985 Tax
Returns
SECTION A
NEDA San Joaquin Valley, Inc.
BAKERSFIELD MINORITY BUSINESS DEVELOPMENT CENTER
November 5, 1986
· Funded By:
MINORITY BUSINESS
DEV~OPMENT AGENCY
(M.B.D:A.)
u.s. DEP~TM~NT Mr Stanley Grady
OF COMMERCE *
Community DeVelopment
CITY OF BAKERSFIELD
1501 Truxtun Avenue
Bakersfield, CA 93301
Dear stan: ~ ~' .~ ~ ....
Enclosed is an application for assistance from your Community
Development Block Grant Program being submitted on behalf of
John Enriquez and Enriquez Construction Company. The ~request
is for a deferred loan in the amount of $65,000 to purchase a
parcel of land located at the southeast corner of Robinson and
Dolores. It would be structured similar to the agreement
between the City and Enriquez Construction on the CHFA project
w~'~e 'the City buys the land and is repaid after sale of the
property. Enriquez Construction Company's growth over the last
several years necessitates using the parcel to build a 2800
square foot shop in addition to 2400 square feet of office
space (see enclosed blueprints).
It is anticipated that Enriquez Construction Company will
be hiring an additional ten to twenty new employees over the
next year based on several factors:
1. The growth rate over the last four years--
YEAR TOTAL REVENUE
1983 $ 218,566
1984 $ 276,774
1985 $ 468,432
1986 $ 223,267 (six months)
2. An increase in bonding capacity from $100,000 to
$250,000 in the last six months. This is a crit'ical
element necessary for bidding larger, more lucrative
contracts.
3. They are in the final stages of approval for the 8~(a) Set
Aside Program with the Small Business Administration.
Final approval is expected in early 1987. This should
increase business volume significantly (see enclosed
letters).
4. The California Housing Finance Agency has approved a
28-unit~ sing~!e family project (Virginia Colony.) to be :
developed by Enriquez Construction 'located at Potomac
and Bates in the County of Kern (see enclosed letter).
1308CHESTER ·BAKERSFIELD. CALIFORNiA93301.($05) 328.1111
Stanley Grady
November 5,,1986
Page Two
In addition, this parcel i,s located in the south~,gast~ Enter.pr, ice
~?'?~°~e whit5 will allow very favorable tax incentives for the
Company. With the assistance of the Bakersfield Minority
Business Development Center, the growth of this Company can be
properly managed', ensuring the success of this venture.
We look forward to working with the City to assist this
project and foster economic development in the area. Should
you have any questions or require any additional information,
please feel free to~tact our office..
Sincerely, ~? //'~'
~-_~-ina~l ana!j~t
JB:mjl
cc: John Enriquez, Enriquez Construction
'.. ,. ?g..,,.,o U.S. SMALL BUSINESS ADMINISTRATION
~ ~,j,> 2202 MONTEREY STREET
'{ ~"<?'"-';-{°~ FRESNO, CALIFORNIA 93721
CERTIFIED MAIL - RETURN RECEIPT REQUESTED
October 10, 1986
Enriquez Construction
1416 Beale Avenue
Bakersfield, CA 93305
Dear Mr.-E.nriquez:
Public Law 96-481 requires that no firm may be admitted to the section a(a)
· -program without a Fixed Program Participation Term. Accordingly, the p~oposed
Fixed Program Participation Term (FPPT) contained in~ your business plan has
been reviewed together with additional data submitted in connection therewith.
Pursuant to rules and regulations published at 13 C.F.R.124.1-1(f), SBA is
required to negotiate such terms after· consideration of several factors. A
careful analysis of all the factors required to be considered has :esu!ted
a finding that your FPPT should be within a range of three (3) years and
four (4) years. The recommendation is, in part, based on the roi!owing factor:
Business Networth
Business Assets
As a result of your showing in the above areas, a Fixed Program Participation
Term of three (3) years will be adopted unless we receive a letter from your
firm indicating specific justification for a longer term within the range
noted above.
.~ong the criteria which SBA will consider for extending this term within the
range noted above are the following:
i. Alleged error or misinterpretation in SBA's initial evaluation.
2. Exceptional circumstances unique to your concern, such as~ ...
(a) additional time needed to coincide with loan repayment terms, or
other business planning schedules, and/or
(b)extraordinary unforeseen events have had a tem?orary adverse impact
on your concern's operations.
Page 2
You may request' a meeting with the District Director, or his designee, to
discuss the proposed participation term for the purpose of arriving at a
negotiated date. Such.a request shall' not obviate the need for your firm to
provide SBA with your written justification within the time specified above.
Personal appointments should be held within ten business days of your request.
SBA will' review your reasons for a-longer period of participation and will
advise you, after.-, our ~review, of the term to be recommended.
advised that the burden of proof is on you to present facts and information in
support of your position. We are not authorized to recommend nor approve a
Fixed Program. Participation-Term- any greater than four (4) years for your
firm.' You must' convince us tha~ such maximum period is warranted for your
business, please be' advised that negotiation of a Fixed Program Paffticipation
Term is not an acceptance into the 8(a) program, that decision can only be
made by the Associate Administrator for Minority Small Business and Capital
~nership .Development, SBA, Central Office, Washington, D.C.
Please contact me at (209)487-5491 if you have any further questions.
Sincerely,
S.e~en J. ~'enyo :'./..
Con~ract Specialis'~
-~__.~ ,.~'E'~--~ b" U.S. SMALL BUSINESS ADMINISTRAT ON
~'~'-~ai~'~].' ';~ ' 2202 MONTEREY STREET
'~, ~s~ .~ FRESNO~ CALIFORNIA 93721
October 28, 1986
Enriquez Construction
1416 Beale Avenue
Bake~sfi-eld, CA 93305
Dear Mr. Enriquez:
I have reviewed your letter of October i4, 1986 relative to the length of
your firm's Fixed Program Participation Term (FPPT). I have considered
your explanation and, accordingly, h'ave decided to recommend a four (4)
year FPPT for your firm. This is the maximum number of years allowed for
your initial FPPT pursuant to' our Standard Operating Procedure.
Please be advised that this is only a. recommendation and that your
entrance into the 8(a) program as well as your FPPT will be detarmined by
our Washington, D.C. office.
If you have any further.questions, please'contact me at (209) 487-5491.'
Sincerely,
Con~ract Specialist !../
CALIFORNIA HOUSING FINANCE AGENC
A~D C~ DIRECTORS S~BASTIANO ST~pA
~ ~ HOO~
~ P' ~ O~obe~ ~0,
~t~e ~r~
~ng C~
~ Enriguez Construction Company
o~r~eo~~~ 1416 Beale Avenue
~co Bakersfield., CA~ 93305
'- ~ Re: Virginia -'Colony
~t of H~ng a~
JO~ ~ ~OGHE~ Dear Mr. Enriguez:
~e~
~,r~~ As Dee Molina indicated during her discussion with you,
~s~.~ the Agency has reviewed and approved the above
~c~,o referenced development for mortgage financing. In this
,~mloN,~ GO~N regard, it may be poss~:ble to have"the commitment fees
~, for this development pledged, on you~ behalf, from the
'~'~'~ Agency's Development Loan (D~) fund If you are
~c~co~p~,:~c. interested in having the commitment fees pledged,
pleas.e complete the ~nc. 10sed application and return it
1~ H~NO~ to the undersigned.at the following address:
: lam~ Henddcks a~ '
e~o California Housing Finance A~ency
~,~OOGE 5711 Slauson Avenue, Suite %00
D~ Culver City, CA 90230
~e.~ Please note that evidence of ownership, gross receipts
and costs incurred must accompany the application.
I~m~u~ you have any ~estions, please do not hesitate to
5~ contact Dee Molina at (213) 736-2355 or Raul Saca at
~c~ ~415) 557-2740. '
C~a(e ~ Sincerely,
~UR ,~ROW
~h~.~.~. inority ~d Small Business Developmen~
H~/da
o~S ~]~ Attac~ent
r.?r_~.;O,, FOR CDBG
HOUSZN$ ~-~,r~'no~m~'? ASSISTANCE
I. Address/!oca:ion of projecz'
1211 Dnlnr~ StrPPt ........
~NO. AND S~Ei)
Onher Description: APN 017-370-0]-00-32 .
o Sz~Ee :he naCre.s::' cross ' s~ree~ .............
-- . -, ~ _, ~, ,:f,.,~ ~:,
to ;he deve~o~men5 s~se: Robinson Street
'~ ,' = 1 (Low ~ ~ ~./: s )
3. Yoza! n'~mb e r
--
True o= Ur. it Unit
'- - - =- Tx~e/Uni~ - Rent income Unit
~'.~5e~ / ~ann rooms E~. · Base
Commercial 5200
/. Land Us= and~ =~
Current' Zoning M-2
Gross area ~o be developed i6~9 acre<s) = 3O:flOO _sc ....
~- 689 = sm ....
_~=~ =_== :o be d=v=;ooed acre(s) 30,000
>~xim,~ Density ~ lowed/Proposed:
=a-~-~= Rem'd/
e ' Units/Azre Sm. =-' '/UT:it P~ovided
One space per
' 200 scuare feet
Der_s i:y of
?ropcsed ?rojec::
zncre cu-~ent!)' a structure on '~is site yes × nc
indicate type of structure:
Cc.-rn_~erical X , Residenta! Other
· (Describe)
6. Lf 5here is an e,._st~ng esidentia! structure {ndicat
N,~mber of tenants 5o be displaced: O
~ ' Deveiooer's relocation/displacement oians: N/^
. _n_.~.. _es _._X__
7.E~av=_ development ~zans been submitted =c- ~lan ~' ~"~ v ~o
~ ' D_-n " Yes No _ ~
Ecs a., appliaa:~°n '== made ~o 5he City for
= =' b==n issued? if ~-~ x-=~ !qo X
~aasa.aszi~aze v~han cna could be obnained.
Fro zra~ Benefit
_~.e :am~z~, Housing ?rice ~-ich ~oan
. ,--_=_ ~ri.= :.ssiscance
N/A
S
s '$ s
Mu!~i-Tar:iiy Housio-~ Market Rent w/ Sect. 8
No. of Bd~s.
~_mcun: of ASSLscance Requested $ 65,000
r sis Reaues .-.ed: . .
_ AS 2ance
Land Write Do%~n (reduce land pa.vment to reduce costs).
Unit Price Reduction (defer land.Patient co reduce cOscs).
Off Site Improvements (s~reet, sidewalk, curbs, & gutters
and other public work improvements).
Pre-development Assistance (land acquis~ion by agency
wi:h full repa)~ent, public offsite improvements,
aba~ement of fees and pe~i:s).
· z · Caoi~a! Outlay RedUction~':(-Iand acquisition with. rep.~y+ '~ _
menn no reduce upfon: ou[-of-pocken·expenses).
O~her (soecify) land acq,,i~itinn with nn r~paympnt ~ntil ~nl~ nf prn9-
prty. To h~ ~tructu~d in th~ same fashion as City agreement with Enriqu~z
Cnn~tr~mtinn nn C.H_F_A.
~ ~.__ :ne loan would be mace
Name of deveiooer enuinv (zhe name
and mi:le would be uakan).
John F. Enriqtm_r
.....? i,;ame a.~ idenzify' print=.,oa~s~ in z'~n=_ deve!ooer enni:y:-
· ~ame m~ ,-] =/Position
~ohn F. Enriquez Owner
Denise Enri~uez Administrative Secretary
(Use addiziona! para=- -.'= necessary)
3. ;.;-na.m ~is :he ie§a! sma.-_us of mhe developer en.-_i:y? (check one).
lndzv,_dua!(s) X L~d. P-_realm Gert'! Pcrship
Coroora:ion O.~her (specify):
4. Mailing address of developer enuity:
1416 Beale Avenue Bakersfield 93305
.....,..:. }'e_-slP. s: _klOhn Enrifi~m7 305'" 325-8896 .
Ben i .s~ Enri film7 ( ~ -
John Enri. Quez Jr. ( ) -
6. Lis: lender- in g'akersfield wi:h "~ developer has working rela~,o,.s,.-~.
_ :_~_ HON_
~ r~n--~ CO~'~TACT PERSON
Califnrnia Rppllhlir Rank-Ch~ter Gardy B,,c~ (805) 3qS-.~gOO
California Republic Bank-Rmrnard St,=ve Van~rhak (80g) ~cl.~-g~q70
,_~en:n-y !-nd_r f~r :his
~ Sarl ~loaq,dn Rank Arnold ,lohanq~n (R05) 395-1472
2. Does deveiooer hay= =-== and clear -i-_la :o -hr ~and?'
~o XX
--' answer. ':: ':no", ~!ease £xoia':p-: Dmvelnn~r haq m~rchaq,a cnntr._~Ct
- '~-~ how does deve!ooar have conuro!
· :~ ~ruauions, couiom maoers
over the sise? (Co~,zes c= escrow ~.s . ,
-n . ~_= __~=_s__e). Purchase contract enclosed
4. Land value: S 6~,000 (Land value based on Purchase =-~c=~ XX
cr --..o~razsa'-~ ) (Par: D requests doc,~.en=&:ion .5o suooor~
land value).
........... - COSZS .-
Projected.
Develoomen-Costs Tc~al
Land · $ 6~ ;DO0
Site Improvements:
On Site
Off Si~e
Construction Costs(see cost ~reakd0wn sheet) 77~000 '
developer inci:y)
l~'nz_-es:~, during conszrUzzion
Arch. & Engin__ri~= 'n=.= ==~-
a. Es-~-=-=a Gross 2nz~--~o S
b. ?__=ss: oo_r-ni_-.go = ' exoe.-.sas .. )
,.., " ,:'-' s S( )
c. .,x:=.- in. zcne (a-b)
Z_n-_=_ro=_--
ii.f-:-:.-" '.- e.. Jo: ~?endab!e intone (c-d) S
- 2'-
SOUP, Z-- S OF
~ ~ beveioDer
~_ne !:em As~zvirv Funds .E~uir<~2'~.
b. ReZocszicn of Persons
and 5usiness
c. Clezrsnce and
~. ~ff-SLze ir.:rcve- ~ ....
.(s':: cf ~ines a-j)
m. To:-i ?roiec: Cos:=
(s~2 c= :~ k-l) $~.nnn $2!,000
~0- - ~= ~= ~a== =,~ecify, :he source and use o'f o,-_-her funds -'~=v a-e no: in~iu6ed on :his fo_~. -''
The developer% equity will be in the form of a cash injection.
AIER
~CAVA?ION~ & GRADING
ARPENTER LABOR. ROUGH 2 ' '~, '"
&RDWARE, FINISH
aRAGE DOOR
OOFING M~E~IAL
OOfflN~ L~O~
,OOR6
;AffiH
'RAMES
,CREEN~
,PECIAL F[OOR8 ~ WAINSCOTS
OTHER
sHOWER DOOR
,EWER OR CESSPOOL
.IGHTING FIXTURE[
VEATHERSTRIPPING
,HADES & B~INDS
NCINERATOR
.AWN SPRINKLERS
;;LEAN UP
~NStJRANCE, 6~MPENSATION, P,L. · P,D.
~OINT CONTROL
'~'~* SUB TOTAl.
'' ~UiLO[R~ O, H. ~ PROFIT
, ,,.,.,,,. ,, ,,~,,,.,¢~ .,,~,,.., ,,, ,,,,, ,,,,,,,.,,.,,~,.. ,, ,,.,,,. ,,,,,, ,.,,,-,,:,., ~,,,,.,,,,.,,, ,,, ,,,. ,.,,~,,,,,,,.,~ ,.,,,,.
CHARLES TINGEY ASSOCIATES
HEAL ESTAIE BROKERAGE
PURCHASE CONTRACT AND RECEIPT FOR DEPOSIT
Bakcrsl!ield ;" ., California. Oc[:ober t;) , 19__8.0
Rsce. tved hem ...... l~t_~_~.i, que z Cons r. ruc t Ion Co.jllany
e~lqencud ~y Notional Clmgk LJ, Cauhlo~'e chock Iii, or ~ ~ ..... :..__~ .......... [~, payuble Io S[uwa rt TI
Io be held uncashed until, acceptance el lifts oiler, as'deposit on account el purchase price
In'l~e ClIy of Bake re [le Id ,Counly el Kern .... Calilornla described as tollows:
, ,See Addendum l. cum 1116 ,'
TERMS QF PURCHASE
1, DEPOSIT: Cbs[lea ]lnguy Aeeoctaloe'(B~oker) la aulh0rlzed by Buyer Io hold tho depoell unlll accoplance el 11~16 eliot, Ihen Io place
~alfl oepoell In ~oker'a Irual accounl EJ, or escrow ~.
2. PURCHASE PRICE: In addlllon Io IhS above depoell Buyer shall ~opoall In u8ctow Ihs balance el purcheso price a~ Iollowe:
3. ESCROW: ...~_~_~.[~ ~_~_[.[.~]~u2~a~.~_ .................... ~ ....... I~ hereby duslonalUd afl tho e~c~ow holdu~ lot the putpose
carrying gui ihs letms el Ihle conlracl. ~uye¢ and Seller ehall deliver signed Inelrucllone to escrow wllhln 10__ business days
fielter'~ acceptance which shall provide fur closing on or belore ~..[~fil~..~:L~ ........ t9 ............. eubJecl Io wHtlen exlenelone
elgned Dy Buyer an~ Seller. Esc~ow Ieee Io be paid as Iollow~: As CusL'o.~j~ Ke[~Cou[l.~y
4. TllLE:Ttlluistobeheuolllen~,encumb~ances, eusomenlfl, restHcllons dflhls and conditions ol record or known lo Seller, olhetlhan
Ihs Iollowlnfl: (11 CuHonl p~opeHy la'xo~, (2) cuvo~a~llo, comllllon~, ~eolHcllum~, iuld public ullltly o~omoid~ of record, II any, provided
Ihs o~ho dO nol advm~uly affecl Ihu conllnuud u~o el the p~oporly to~ purposes lot which II i~ p~esuJ~lly botng used, unless reason-
ably di~appwvud bV Buyer In wdling wilhin ..... ~.~ ..... business days et ~oceipl el a cuuont p~ellndnary ~upoH furnished by Seller al ___
Se [ h, [_~.xpo.~o, and (3) ~/~_ ....
....................... Company, sllowhlg lille veiled In Buyer ~ubjecl only 1o Ihe above. II Seller {I) Hi unwilling 0~ unable Io elhninate any
lille maltu~ diuapp~ovud by Buyer as above, Seller may lem~inale Ihl~ conhacL el (2) lall5 lo dulivu~ Itllu a5 above, Buyer may le~mlnale
Ihls conl~acl. Irt either case, Ihu auposll ~llall be ~ulumud Io Buyer.
5. PROPERTY ]'AXES: Property laxe~, p~emiums on insurance acce~lable lo Buye~, rents, interest, utililius and ope~aling expenses shall
be pm.~aled a~ el the close el escrow, o~ If no escrow, then upon tim dale el ~eco~dalion el deed. The amount el any bond o~ as~ess-
menl which is a lien shall be paid by __.~;[e~ ......... Seller shall pay cosl el transler taxes, if any. Buyer has been inlo~med and
acknoN~udues thai by vtHue el Caltlomia law, the real property which is subjucl to II~i5 Purchase Conl~acl will be subject to red,sass.
menl h)~ property taxes upon the completion el Ihe Iransler or, in the case el new conshuction, upon Ihe complelion el construclion.
Il said u~assessmenl el properly rosulls in addillonal laxes, said adjuslmenl will bo [ollecled In Ihe Buyer's policy el lille insurance issued
by Ihe ~sc~ow hoIde~ al Ihu close of
6. POSSESSION' Puss,ssion shall be delivered to Buyo~ (a) on close el escrow, or (b) nol later Ihan business days alter close el
esc~o~, ~[ II no esc~ow, Ihen upon the date ~] race,dalton of deed.
1. VESTING: Unless olherwise designated in Ihe esczow instruction el Buyer, lille shall vest as Iollows:
(The manner of laklng lilts may have stgnllicanl legal and lax consequences, lhe~elo[e, give lifts mailer sedges conslderallon.) .
fl. CONIlIACI COMPLIANCE: Il any comlillon ul this co~llacl, Includh~g any addt~ldum ~Hlacht~d ho~olo, ha~ nol been walvo~
wilhln Ihs lime limits a~)d pursuant to the provision herein, or il, prior lo close of esclow, Seller is unable io ~emove any exceptions
title disapproved by Buyer after a good leith ellod to do so, and Buyer Is unwlllt~g to take lille 5ubjocl Ihe~olo, Ihen this contract sllall at
Ihs end el the applicable period el lime, Including any agreed upon wdllen exlenslons, become null and void.and Ilie dopoall shall there.
upon b~ hnmeOlaleiy returned Io Buyer and the escrow cancelled.
9. ADDENDA:.:, Any addendum atlachod hereto and eltho~ signed o~ initialled by bolh Ihs Buyer and Seller shall be deemed a part hereof.
This cont~acl expresses Ihs enll~e agreement o{ Buyer aha Setle¢ and the~e ate no oll~et understandings, oral o¢ wrillen, whic~ I~ any
matador altu~ or enlarge lt~ terms. Seller and Buyo~ agree Io execule such addlllonal documunl$ riel Inconslslenl herewll~;~a may be
reasonable and necessary Io ca~ry out Ihs provisions el this contract.
10. FOREIGN INVESIMEN]' REQUIREMENTS: ~he Foreign Investmenl In Real Ptopu~ly Tax Act el 1980, aa amended by Ihs Tax
Act el 19~4, place~ special requirements lot lax reporting and withholding on the pa[ties Io a real estale hansactlon where Ihs Seller¢
Is a non-¢esidonl alien or non-domestic corporation or parlne[5lfip of'Is a domealic corpotalion or pa/Inershlp controlled by non.
{o$i0enla o~ non-~eSldent corpo~alJona of partnerships, flolh Buyer and Seller agree Io execute an atlldavll, supplied by Brok~;
concerning specilic disclosures required by Ihis amendment to Ihs Tax Relorm Acl el 1984.
INITIAL SELLER: INITIAL BUYER: ~ :
II. ARBI'[RATION: If Ihu o~dy conl~ovo~sy or claim bulweon Ihs parliu= a~isus dUI el or ~olalo5 Io Ihu di3posilio~ el Ihu Buyur'5 doposil,
such co:tl~ovu~sy el rialto'shall al the election el the parties be decided by albit~allon. Such a~blt~alion shall be dele~mlned tn accord.
inca wilh lira Rulu~ el lbo AlnorJcan Arbitration A5aoclalJon, and Judgmonl upon tho awmd umdemd by IIIo AlbJl~alo~(s) iliay bo
In any cuuH having jurisdiction Ihmuol. *the pgovt~lons el ~odu~ol Civil Procedure Suctlou 1283.05 shall bo applicable Io such arbltralion.
12. A~ORNEY'S FEES: In Ihe evunl Ihal the I)a~llus Io Ihls conlracl lind It necessary Io lnslllule legal proceedings to enlolce tl~e pmvis~ons
el lifts ag~umnenl Iho p~evalling party In uald ~utl or aclion uhall be entllled to ~ucovur Ironi the non-prevailing party, all cosls associaled
wtlh such sull o~ acllon, Including reasonable attorney's lees and costs.
13.TIME: Time is el lbo Ousence el Ibis
14, AGREEM'EN [ OF *IHE PARRIES: ~htu conl~acl [ep[ouenls Ihe entire and IntugJatud agreement el Ihe parties hmulo. NO amendment,
auppl~munl o~ IoH~,htullon hureol sh~ll be valid except by way el a wdllng uub~cHbud by the pm IIo~
15. ACC~P~ANCEIEXP RAT ON: This con~lllulee an oiler Io purchase Ilm described pm'pu~ty..pnlosu acceptance Is signed by Seller~and
Ihe alined copy delivered lo Buyer, In .pe~son or by mall lo Ihe add,ecs below, within ~ __~ buuhmes days, Ibis oiler shall be
deemed ~evokod and Ihe depoull alkali be [elurned lo the Buyer. BUyer acknowledges Ihat Buym.hus read lids Contract and has retained
a copy Ihereot.
Page 1 of 2
Buye~ agrees Io PUrChase the properly on the lerms and conditions stated here!nabove, Incl,udlng any addlilo~al provisions on any addendum
Hder o~ exhlbll altached herelo. "
Receipt 01 this oiler and Ihe above deposll is acknowledged... Recelpl. ol. a,c~oy, hexeol Is acknowledged. · ~ ' ',
Date: October 9' 19 80 Date: ' ' 19 ....... '
BUYER'
Address ~( CO t,a.l. Ll'orn;It~ Avenu~.~ ~.;u [L.~ 205 ...... By .......
Bakecs[.[e.l.d, CA Telephon~(~OS) '327-9451 d tess' 1416 Beale nu{ ' '
I~aker,. [:l. el.d, CA Telephone~O5 ) 325-8R96
ACCEPTANCE
The undersigned Seller accepls and agrees Io sell the property on Ihe above terms and conditions. The Seller agrees to pay Charles Ttngey
AssociaJes the amounl of~ .............. : .... Dollars ($.._: .............................................. )
SlX D o '
Or .................... ( ........ Ye) el the accepted sales price as a commission for Broker's services rendered In eltecting Ihe sate. Sald. com-
mission Is payable as follows: (a) On recordallon of the deed or other evidence of lille, or (b) II complellon of sale Is prevenled by delaull el
Seller, upon Seller's default or. (c) If completion el sate ts prevented by default of Buyer, only If and when Seller collecls damages ~rom
Buyer, by s~ll or olhe[wtse and then In an amount not less than one-hall ct the damages recovered, bul not Io exceed Ihe above fee, after
first deducting lille and escrow expenses and the expenses of collecllon il any. In any action between Broker and Seller arising oul of Ibis
contract, the prevailing parly shall be enlitled to reasonable altorney's lees and coals. The undersigned acknowledges receipl of a copy and
aulhorlzes Broker(~) Io deliver a signed copy Io Buyer.
SELLER' Ly].es I):[vers.l.f:l. ed, Inc, Date: '
A ~EAL ESTAIE BBOKEB IS THE PERSON QUALIFIED TO ADVISE ON BEAL ESTATE.
IF YOU DESIRE LEGAL ADVIGE GONSULT YOU~ AT'TO,NEY.
IBROKER REVIEW:
ADDENDUM .
Tills AI):DENI)UM AND ALL OF THE PROVISIONS INCLUDED I'IEI~.EINBELOW
SHALL BE MADE. PAI¥1' OF AND ATTACHED HERETO THE PUR. CHASE
CONTRACT AND RECEIPT FOR DEPOSIT DATED OCTOBER 9, 1986, BY AND
BE'I'WEEN 301'1N ENRIQUEZ AND 3OHN ENRIQUEZ 3R.,' AS BUYER AND.LYLES
DIVERSIFIED, INC.~ AS SELLER.
//16 l~urchase pro. perry
Tile purchase property contains appr:oxi.~ately 30,000 square"leer and is
located.on tile south side o[ Delores Avenue between RobiJ~son Street and
Miller Street in tile ·City o! BakersJield. It is additionally described as
Assessor's Parcel Nu~nber 17-370-01 (reler tO parcel map attached 'herewith).
· .//17 Purchase Price& l'er~s
upon acceptance oI oiler Buyer shall deposit $1,000,00 as ~ood [aitll deposil~
with the escrow holder. The total pur.ch~se price sllall be $fi~,000.00 and
shall be paid in all cash at tile close of escrow, including the above deposit.
fils Bu),er's Conditions
This sale is subject to and contingent upon the following Buyer's Conditions:
18/11 Buyer's,reveiw al~d approval oI prelim.mary title report witl~ thirty (30)
busi~less days of receipt tl~ereol'.
18112 Buyer's verificatio~ of zoninE and all utilities, tile:loci!fig but slot lif~ited
to, water, sewer, stor~ss drai~laije, electric:al, telepl~o~se, gas, et(:., witlml
thirty (30) bust'ness days o! acceptance hereol'.
l~f13 Buyer's veri'lica, tion oI all oil-site iinprove,nents, i~cludinE but not
li,,~ited to, sidewalks) street ligllts, curb~, gut'ters, utc., as recluired by
the Building Codes within thirty (30) business days o[ accei)ta~ce
hereof.
l~//tt Buyer to inspect and approve the physical conditioll 01 the purchase
property within thirty (30) business .days oI aCCel)ta.ce he'reol.
18fl5 Buyer to sub,s,it plans and applicatio~ for com~unity develop,s~ent
assista.ce to the appropriate algency witlfin tllirty (30) days.
18fl6.Buyer prior to the close of escrow shall have approval Irom
governmental agency lot community develop~.e,'~t assistance.
Sliould .,l~>, ol tilt: preccclill~ collditio(~sllot bc:l,sc'.t to tl~t~ I~uyur':; :~atisiactio~ witl~i~
tl~u .spFcilied ti~.e periods, buyer si'i/il! have the rigl~t to cal~cel said escrow with Ilo
lurther obligation or ollset and all deposit ~,loney sliallbe relunded to hi~.. In the
t:vent Buyer cancels the escrow alter all the isbove periods llave expired, the
deposit I,soney shall be iorleited 1:o tl~e Seller.
ill9 Close ol Escrow
The close ol escrow shall be on March i, lC)Eft, or sooner, at tile sole
discretion ol tl~e buyer.
· //20 Exclusive Representation by CTA
Purclsaser and Seller hereby acknowledl~e that Charles 'l'inl~ey Associates
represents both parties herein and Purchaser a~d Seller co~lserit tllereto and
therelore, no other borker or agent other than Charles Tinlgey Associates is
,~volved i,i this tra,~saction or is esstitled to any co,,sl.ission or lee. :
ACC. Ei~'i'ANCi~.:
]OLIN ENI~,IQI. JEZ & ]OLIN I!NILIQUI.:.Z .lit.. LYLI"S I)IVEILSII':II_:I), INC.
By__ By, "
John [:-nr iquez
· ':"' r',^ l~ ,~X
Date Date ".
.... ' NOTICE TO OWNERS, BUYERS AND TENANTS ~, :;.
REGARDING HAZARDOUS WASTES OR SUBSTANCES
AND UNDERGROUND STORAGE TANKS
Comprehensive federal and state laws and regulations have'been.enacted in the last
years in an ef[ort to develop controls over the use, storage~ handling, clean-up, removal
and disposaloft~azardous wastes or substances. S0meo[ these laws and regulations, such
as, [or example, the so-called "Super[und Act", provide.. [or broad Ii'ability schemes
wherein an owner, tenant or other user o[ the property may.be liable [or clean-up costs
and damages regardless o[ fault. Other laws and regulations set standards lot tile'
handling of asbestos or establish requirements for the use,;.modif.ication, abandonment, or
closi.ng o[ underground storage tanks.
It is not practical or possible to list all such laws and regulations in this Notice.
TI3.~re~re~'owners, buyer.s and tenants are urged to consult legal counsel to determine
their respective rights and liabilities with respect to the issues described in this Notice
as well a.s all other aspects o[ the proposed transaction. 1[ hazardous wastes or
substances have been, or are going to be used, stored, handled or disposed ~[ on the
property, or i~ the property has' or may have un'derground storage tanks, it is essential
that legal and technical advise be obtained to determine, among other thi'ngs~ what
p~rmits and approvals have been or may be required, ii[ any, the es[imated costs.and
expenses associated with the use, storage, handling; clean-up, removal or disposal of. the
h~zardous wastes or substances and what contractual provisions and protections are
necessary Or desirable. It.may also be important to obtain expert assistance [or site
investigations and building inspections. The past uses o[' the property may provide
valuable in[ormation as to the likelihood o[ hazardous wastes or substances~ or
underground storage tanks being .on the property.
A!t~ough Charles Tingey'Associates will disclose any knowledge it actually possesses
Gith respect to the existence o[ hazardous wastes or substances, or underground storage
tanks on the property, Charles Tingey Associates has not made invest!ga'tions or obtained
reports regarding the subject matter o~ this Notice, except as may be described in a
separate written document signed by Charles Tingey Associates. Charles Tingey~;,
Associates makes no representations regarding the existence or nonexistence
hazardous wastes or substances, or underground storage tanks on the property. You
should contact a pro[essional~ such as a civil engineeri geologist~ industrial hygienist or
d~her persons with experience in these matters to advise you concerning the property.
The term "hazardous wastes or substances" is used in this Notice in its very broadest
sense and .includes, but is not limited to, petroleum base products, paints and solvents,
lead, cyanide, DDT, printing inks, acids, pesticides, ammonium compounds, asbestos,
PCBs and other cl~emical products. .Hazardous wastes or substances and underground
storage tanks may be present on all types o[ real property. This Notice is there[ore
meant to apply to any transaction' involving any type of real property~ wl~etl~er improved
or unimproved.
Acknowledgement o[ receipt o[ copy this ~day o[ , .19__
~
SECTION C
ENRIOUEZ
.... " I_ieense No. 226677
'1416 Beale Avenue
Bakersfield; California 93305
(805) 325-6896
John. F. F~riquez
827 Pacific Street
Bakersfiel. d,' CA -..
(805) 325-8896
Age: 52 years'
~rried: 33 years-
Children: 7 ',
· ." -Resident: ¢7 years
Experience
[964 - 1986 John F. Enriquez, General Contractor v' ...
[98i - [983 Presidio Construction Inc.
Partner
t973 - 1985 Enriquez Construction Co.
[970 - 1972 Rio Construction
Partner
[966 - [969. Bakersfiei.d Concrete &Construction Co.
Partner & Vice President
1964 - 1965 Great \Vestern Builders
" Partner_
July 1964 Contractor with a B-[ License
1952 - 1964 DAKitchen Construction Co. Started as an apprent ce
in 1955 and becarre a full-time journeyman in Nov~-nber
1958. Worked on heavy construction, bridges, highways,
high rise buildings, schools and hame develoFrrent.
Affi[iati. ons Board ~,ber ' Jefferson
19'7¢ -: 1976 School Parent , Teachers Association
197¢ - [976 Board ~ber - Parents Advisory Board,
Jefferson School
'- 1976 - 1978 Board ~.~,ber and President
' Washington Jr. High School Parent,- Teachers Association
CONSTRucTION COMPANY
License No. 226677 ,
1416 Beale Avenue
Bakersfield, California'93305
(805) 325-8896
1970 - [975 P~.esident-- Y0un§ ~n's Institute Counci!
Kni§hts'.of Co[Lrnbus - ~th De§tee
1976 - 198! Chapter President - California Association of : ~' .~.,. ~
Minority ATerican Contractor - Kern County
1979 - [9gl Board Member - C.A.M.A.C. -,State Wide Trustee
[97g - 1981 Kern County High School District ~st.er Plan C~mdttee
1950 -'[982 Na'tiona[ Hispanic Housing Coalition - Chapter President
Service
City. School D[stF ct Parent and Teachers Service
.AWard and Lifetime ~f'ber. -'. '.
Kern County. High School Citizen Advisory COT~ittee
Award.
.Call[omi& Association of Minority ,~Ynerican
Contr~ctor"Carnino Real ,%~rd.
Special Donations - Direct Supervision
Ridgecrest Hospi(al Landing-
Hell.copter Pad
San Clemente Church Recreation Hall-
Site Con'struction
Gu~delupe Church -.- Site Construction-
Adobe Project - OldiFairgrounds
.. .? .'St. 30seph Church'- Offsite Project
~U~Z CONSTKUCT~ON CONPA~Y ,
B~SFZ~L~ C~IFO~NI~ 9~305
CURRENT AH~T8 ~
CASll ON 1lAND
(:A~IIi IN BANK ' ~3~420
2,740
· .' ACCOUNTS ItECEZVAB~ )67,768
": TOTAL CURItENT &~SET$ '.,' ;,, ,'
:' tI~NSPO~.rAgION EqUIPN~:NT (SEE SCitEDUL~ "~") 72,461 '
. .: LE¢I~ ACCU~U~TE DEP~C TION A~ 12-31-85 (94,3262 ,..
'',./
"¢ ' CAPITAL '
. : '..:'
: . . ".:.:- ,' ,
:'~
~'2 4 . ..
;' .",. ,~.'.'; ' "'
, [' '"- IRIqUEZ CONSTRUCTION COMP,~'~ o
: ,t~';' 1416 BE~LE AVENUE ,': .. '; '
; ' ':' ~R~FIELD, CALIFORNIA 9330~'
'. JUNE 30, 1986
:'. ,. ·
. ~AL EaTATE P~PERTIES ".~h.'.,'
1416 GORRILL ~T. (~0~ CO~LETED) ~,200 '":~""'
:'.~". ' '.. "1420 GO,gILL ST. (qO~ C P~TED)
' / '( '~'.
.;~,' , ,.' .'."
.,,:.. .,,' 609 $ou~ u~o~ sT 10,000
.:.,',:~... . .:, 317 CLYDE ST, :
· '~ .... ' . 1~,000 .. ,
·., ,?~' .,....
' ,:,~","' ,' 3.0 0~ ~T, .....
.... '~,,,., ..... : .'.' ' ' ' t0,000 .
.~,'7.:;:; ~ ': 19 ~ ' ' "' '
': :~"~" "~' "'. ' · ~,000 ....... ' :"
.' ~:~[~' ,~:'.' ..'~::'t' ' :""' ,',~',~:" ~:. '"'
;::,j: .:'t;..:-..' ,,. :~,: ~,,' ..... .
,' f ...... ,,.~-...~ ~ ,.¥'"' ,,,
,;'~ ~ "~ .... ~t """'""'., ' 1979 GMC 1 TON TRUCK. " ~6,000 '."
,'.r~..'."",'~.' '?,"".." ." 1969 CHEVKOLET'i TON g~AT aEO TRUCK 3~500 '.',>. '"'"'
~:~'i '"...."' 196~ gRE~OLET 2 TON ~T ~O TRUCK 5~000 . . . :",':.~.:'
1976 FO~ ~ TON ~UCK (~fT~ TOOL ~X) 4,500 ..' .
· ' 19'/6 FORD 3 TON D~ TRUCK 7~000 .: .'">~
1978 ~NTIAC.C~D PRiX ' 5,000
, ~979 GMC .CA~LLERO 4
. ·
~9~0 ~UICK RI~ tO,000 :"
' 1980 C~IL~C EL~ 12,000
TOT~ T~S~RTATION EQUI~NT ~72,461 '": ~''' '
' , :'.: '~'4,, ~"r',"-
....
I
., ~'~
-., ...
.~:
J
:.. .., v.
{ .? '~' -..
~ ,:
I<NRIQUE~ CONSTRUCTION COMPANY
1416 I{~ALli AVENUE
I{AKERSFIELD, CALIFORNIA 93305
. ., i'~;.'
AND CUTTER
· 56Oft
2 'x 6 854[c.
VALDEZ ACCOUNTANCY
ENRIQUEZ CONSTRUCTION COMPANY
1416 BEALE AVENUE
BAKERSFIELD, CALIFORNIA 93305
BALANCE SHEET
DECEMBER 31, 1985
ASSETS~
CURRENT ASSETS
CASH ON HAND $ 2,050
CASH IN BANK ~ 10,420
ACCOUNTS RECEIVABLE 103,400
SAVINGS ACCOUNT BALANCE 8~100
TOTAL CURRENT ASSETS 123,970
FIXED ASSETS
OFFICE FURNITURE AND FIXTURES $ 12,000
REAL ESTATE PROPERTIES (SEE SCHEDULE."A") 340,400
TRANSPORTATION EQUIPMENT (SEE SCHEDULE "B") 72,461
OTHER EQUIPMENT (SEE SCHEDULE."C") 98~620
GROSS TOTAL FIXED ASSETS 523,481
LESS ACCUMULATED DEPRECIATION (94~326)
NET FIXED ASSETS 429~155
TOTAL ASSETS ~
LIABILITIES
CURRENT LIABILITIES
ACCOUNTS PAYABLE $ 24,630
TAXES PAYABLE . 340
TOTAL CURRENT LIAB£LITIES 23,970
LONG-TERM LIABILITI'~S
NOTES PAYABLE
MORTGAGE 0N~719 OREGON ST. $27,340
BANK OF AMERICA LOAN 29,840
CALIFORNIA REPUBLIC BANK LOAN 18~420
TOTAL LONG-TERM LIABILITIES 75~600
TOTAL LIABILITIES 100,570
CAPITAL
ENRIQUEZ CONSTRUCTION~ COMPANY CAPITAL 452~555
TOTAL 'LIABILITIES AND CAPITAL -
$553,125
~ ~ VALDEZ ACCOUNTANCY
ENRIQUEZ CONSTRUCTION
1416 BEALE AVENUE
BAKERSFIELD, CALIFORNIA 93305
INCOME STATEMENT
FOR THE YEAR ENDED'
DECEMBER 31, 1985
CONSTRUCTION SALES
.i~ , $468,432
COST ~OF GOODS SOLD
" ~58~628
GROSS PROFIT ? 309,804
EXPENSES:
ADVERTISING $ 2,6.17
' BAD DEBTS
' 1,061
BANK CHARGES 888
CAR AND TRUCK EXPENSE 11,640
DEPRECIATIONS 30,481
· DUES AND PUBLICATIONS 946
GASOLINE
EQUIPMENT RENTAL 9,584
850
INSURANCE 8,403
INTEREST 16,011
LEGAL AND PROFESSIONAL 4,.956
OFFICE EXPENSE ~ 2,301
RENT 1,5}13
REPAIRS AND MAINTENANCE 3,523
SOPPLIES
TAXES. AND LICENSE 11,943
~TRAVEL AND ENTERTAINMENT~ 6,220
'UTILITIES 8,802
WAGES
PAYROLL TAXES 4,108
523
TOTAL EXPENSES 129,547
NET INCOME
$180~257
VALDEZ ACCOUNTING '
ENRIQUEZ CONSTRUCTION COMPANY
1416 BEALE AVENUE
~ BAKERSFIELD, CALIFORNIA 93305
BALANCE SHEET
DECEMBER 31, 1984
ASSETS
CURRENT ASSETS
CASH ON HAND ~ $ 3,000
CASH IN BANK 17,000
PREPAID TAXES 2,109
ACCOUNTS RECEIVABLE 55~316
TOTAL CURRENT ASSETS 77,425
FIXED ASSETS
OFFICE FURNITURE'AND FIXTURES $ 12,000
!~REAL ESTATE
719 OREGON ST. ~$ 65,000
827 PACIFIC~ST. 130,000
211 EAST 6TH ST. 35~000
230,000
TRANSPORTATION EQUIPMENT (SCH. "A") 61,500
" OTHER EQUIPMENT (SCH..'B") 98,620
.~ .. TOTAL FIXED ASSETS 402~120
TOTAL ASSETS. $479,54~5
LIABILITIES
CURRENT LIABILITIES'
ACCOUNTS PAYABLE~ $ 14,209
LONG-TERM LIABILITIES
NOTES PAYABLE
LOAN FROM MR. DOMINGUEZ $ 4,000
MORTGAGE ON 719 OREGON ST. 30,000
~ BANK OF AMERICA,. 32,000
CALIFORNIA REPUBLIC BANK 22,000
FORD MOTOR COMPANY 1,500
CALIFORNIA REPUBLIC BANK ...5~500
TOTAL LONG-TERM LIABILITIES 95~000
TOTAL LIABILITIES 109,209
CAPITAL
ENRIQUEZ CONSTRUCTION COMPANY CAPITAL 370,336
TOTAL LIABILITIES AND CAPITAL .$..479~5.45
VALDEZ ACCOUNTANCY
ENRIQUEZ CONSTRUCTION COMPANY
1416 BEALE AVENUE
BAKERSFIELD, CALIFORNIA 93305
INCOME STATEMENT
FOR THE YEAR ENDED
DECEMBER 31, 1984
CONSTRUCTION SALES
$276,774
COST OF GOODS SOLD
~,
GROSS PROFIT
147,145
EXPENSES:
ADVERTISING $ 834.
CONTRACT LABOR 2,778
DUES AND PUBLICATIONS 208
'INTEREST
1,817
OFFICE
2,400
RENT'
1,200
'TRUCK AND AUTO EXPENSE 23,311'
SUPPLIES
~ 2,211
fNSURANCE 1'3,384
LEGAL ,AND PROFESSIONAL
1,517
REPAIRS AND MAINTENANCE 2,156
'~ ~TAXES AND'LICENSE
2,076
-TRAVEL AND ENTERTAINMENT 3,424
UTILITIES
~ 7,603
MATERIALS AND SUPPLIES 5,216
DONATIONS
.. 411
BANK CHARGES
7
TOTAL EXPENSES
70{553
NET INCOME
~, 76,562
VALDEZ ACCOUNTANCY
ENRIQUEZ CONSTRUCTION COMPANY
1416 BEALE AVENUE
BAKERSFIELD, CALIFORNIA 93305
DECEMBER 31, 1984
SCHEDULE "A"
TRANSPORTATION EQUIPMENT
1979 GMC 1 TON TRUCK ' $ 6,000
1969 CHEVROLET 1 TON FLAT BED TRUCK 3,5007~>
1965 CHEVROLET 2 TON FLAT BED TRUCK 5,000
1976~ CHEVROLET CAMARO . 4,000
2976 FORD 1/2 TON TRUCK (WITH TOOL BOX) 4.500
1976 FORD 3 TON DUMP TRUCK 7,000
197~8 PONTIAC, GRAND PRIX 5,000~.~
1979 GMC CABALLERO 4,500
198'0 BUICK RIVERA 10,000
198!0 CADILLAC ELDORADO 12,080
TOTAL TRANSPORTATION EQUIPMENT
SCHEDULE "B
OTHER EQUIPMENT
HAUL' TRAILER 5,000
FORD TRACTOR BACKHOE 25,000
GROUND COMPACTOR 3,000
FORD TRACTOR 25,000
TRACTOR HAUL TRAILER 7,000
TROWEL MACHINE 1,000
BUILDERS INSTRUMENT 1,500
MISCELLANEOUS HAND TOOLS 10,500
CURB AND GUTTER MATERIALS
RADING FORM 50ft.
2 X 12 1296 ft.
~2 X8 560 ft.
2 X 6 854 ft.
18" STAKES 444
30" STAKES 1697
36" STAKES 647
HOOKS 434
DUMIES 232 20
TOTAL OTHER EQUIPMENT
VALDEZ ACCOUNTANCY
AMENDED RETURN · ~AMENDED RETURN AMENDED RETURN
1065 '... artnersh'lp-.Returnof 0, 6 o.
~ment of the Tr~u~ f~ ~at ~ ]~, ~ ~ ~ ~Ai ....... [9~5, i~ endiflI
Internal E~enue ~ice .......................... ~..
c o n s t ruc t i on , ENRIQUEZ 'CONSTRUCTION 9 5- 3 l 211 08
B Pri~i~l p~t ~ ~v~ ~hlr- I Num~ a~ st~t E ~ta ~ stad~
wl., I 827 ~AC'[;[C S~.
C 8u~ ~ .um~ print ~ Ci~ ~ town. s~te. a~ ZIP c~e F ~te taal
orig.[ 8~E~SY[~CD, CA. 93305 ~ ~O~ CAB~
W'
G Ch~k meth~ of accountin~ (~) ~ ~ N as there a distribution of pro~ ~ a tran~ of a ~ne~hip No
interest during the tax year. If "Y~" ~ ~[e 5 of
(2) ~ Accrual (3) ~ Other In~ructip~ mn~rning an elation to ~just ~ ~ of t~
H ChKk appli~ble ~xe[ (1) ~ R~ai return ~nnemnip s ~ts under ~ti~ 754.
O ~t any time during the ta yur, did t~' ~h(p ~ve' an' q-'
(2) ~ Change in addr~ (3) ~ Amend~ return [er~ in ~ a signature ~ other author ~ ore a ~nk
(~ ~ 5 of I~tr~tions)? If "Yu," write t~ nam ~T~ foreign
J Is this ~dnership a limit~ ~ne~ip (~ ~ge3 ofl ~x ~un~ ~ ..............................
Instruct ohs)? . . ' .... P Wu the ~flnership the grantor of, or tran~eror to, a for~gn tru~
K Is this ~flnership a ~dner in another ~ae~hip?.. : ..... I t x . whkh~d~mhipe~i~or durmga~y pd~Fthe cu~rent~u anytax~flcialYeac w~t~rinter~t w inn°t
L' Are any ~d~rs in this ~dnersh-ip.a~.:~d~shi~?. ' . L.? I ~ I x 3:T~"'OT ~TmctYOu mayo~)pve ...... go fi~e terms ~20, 3520-~ .... or 926.. _(~..
M D~ the ~dnership milt all the r~uirements shown on ~ge I x I
5 of the Instructions u~er ~flon M.. I J Q Ch~k this ~x if the ~nership has fi~ ~ ~ rquir~ to fi~
Faro ~2~, Ap~iation for Registratmn of a Tax Shelter..
la Gr~ r~ipts or ~1~ $..~ x~. _ .'."lb Minus returns and allowanc~ $_.. ~ ..... Bala~ ~
2 Cost of g~s sold and/or o~rations (~h~ule A, line 7)
3 Gross profit (subtract line 2 from line lc) ..................... · . . .
4' Ordina~ income (Io~) from other ~nemhiPs and fiduciari~
~ 5 Taxable interest and nonquali~in~dividends
~ Gro~ rents $... 6b Minus renal ex~nses (a~ach ~hedule) $ ........... :..'.
~ ¢ ~lance net renal income (1~) ~
7 Net income (1~) from royalties (a~ach ~h~ule) ' '
8 Net farm profit (Io~) (a~ch ~hedule F (Form ~0)) .................
9 Net Bain (l~)(Form 4797, line ~7), '
~0 Other income (l~) ........ ~ ......
1~ TOTAL ncome (loss) (combine lines 3 through 10) .
Z 2a ~lari~ and wa[, (other than to ~d~m) $ ........... 12b Minus jo~ cr~it $ .......... Balance ~
13 Guarante~ payments to ~ners (s~ Pase 7 of Instructions) '
14 Ren~
15a Total deductible interest ex~nse not claimed elsewhere on return
(see pase 7 of Instructions) ................. 15a
b Minus interest ex~nse required to be passed thro~[h to pa~ners o~
SchOole K-[(1065), lines ~0, 15a (2), and 15a(3) . . . I 15b
16,01~
c Balance
16 Taxes
~ [7 Bad deb~ (see pase 7 of Instru~ions)
~ 18 Repairs .............. ..........
Zga Depr~iatio~ ~;~ F~4~6~ (~h~o~62~ $ ' ' .~d,~8~ ' ' ' ~b'Mi'nu~ d~p~ia~io~
claimed on Sch~ule A and el~where on return $ .................. Balance. · ....
20 Depletion (Do not d~u~ oil and ~a~ depletion. ~e ~e'8 of Instructions.). ' '
21a Retirement plans, etc. (~ ~e 8 of I~tru~ions) '
b Employ~ ~nefR pr~ams (~e ~ge 8 of Instructions).
22 ~herd~u~io~(a~ch ~h~ule) ' ~ -
23 TOTAL d~ions (add amounts in column for lin~ 12c throu~ 22) ........... t 29,547
24 Ordina~ income (Io~) (subtra~ line 23 from line 11) ................. t 8 O,
Unde~ ~ of ~, I ~re t~t I ~ ~min~ th~ r~um. in~i~ ~nyin~ ~h~u~ and s~tem~, a~ to t~ ~t of my kn~l~e
Please ~tief it is t~,. ~, I~ mp~e. ~ti~ of ~r~ (~ ~ t~) ~ ~ on afl inf~ti~ of ~ ~rer ~ a~ k~.
Sign
Pre~rer'~": ,. ' ~f~ 1550 :..22
~r~ B~S~[~LD~ CA. 93306 ZIPc~e
Form 1065([985)_ . . - Page 2
i,'fa,'r~mF~..I Cost of Goods Sold a r Operations (See Palile 8 of Instructions.) -
I Inventory at beginning of year '
2 Purchases minus cost of items withdrawn for personal use .~. ~' 2 "[ _58,6 25
3 Cost of labor.. ................................. 3
4 Other costs (attach schedule) .............. : ..... ' ....... 4
,5 Total (add lines 1 through 4) ............................ 5 [ 58,6 28
6 Inventory at end of year . . ; ...... ; . . .... .............. 6 -0-
? Cost of Foods sold (subtract line 6 from line 5). Enter here and on page I, line 2 ......... 7 ! 58.6 28
8a Check all methods used for valuing closing inventory:
(0 [] Cost
(11) [] Lower of cost or market as described in regulations section 1.4714 (see page 8 of Instructions)
(i11) [] Writedown of"subnormal"' goods as described in regulations section 1.47 l-2(c) (see page 9 of Instructions)
(iv) [] Other (specify method used and attach explanation) P, ....................................................
b Check if the LIFO inventory method was adopted this tax year for any goods (if checked, attach Form 970) .... []
c If you are engaged in manufacturing, did you value your inventory using the full absorption method (regulations section ].421-11)? [] Yes [] No
d Was there any change in determining quantities, cost, or valuations between opening and closing inventory?. [] Yes [] No
I,-~h"r~mPJIT~ Distributive Share Items (See. Pages_ 9-11,. and 14 of Instructions.)_ _.
(a) Distflbutive ~are Items (b) Total amount
1 Net long-term .capital gain (loss) :. ....................... ... 1
2 Other net gain [loss) under section 1231 and specially allocated ordinary gain (loss) ....... 2
3a If the partnership had income from outside the United States. enter the name of the country or
U.S. possession P' ..............................................................
b Total gross income from sources outside the United States ................ 3b
~ Balance Sheets NOT APPLICABLE
· (See Pages 5 and 9 of Instructions and (~uestion M on Page I Before Completing Schedules L and M.)
Assets ' ' [ (a) (b) ~ (c) (d)
2 Trade notes and accounts receivable ...... : · '///////////////////////////////////////////~
a Minus allowance for bad debts ........ '~ '
3 Inventories ·:
4 Federal and state government obligations ....
5 Other cur'rent assets (attach schedule)
6 Mortgage and.real estate loans ........
7 Other investments (attach schedule) .....
8 Buil(~ings and other depreciable assets .....
a Minus accumulated depreciation '
9 Depletable assets .............
a Minus accumelated depletion '
10 Land (net of any amortization) ..... . . .
1! Jntangible assets (amortizable only) .......
a Minus accumulated amortization ..... ...
12 Other assets (attach schedule) i .......
'~3 TOTAL assets ........ ' ......
Uabil!tles and Capital '
14 Accounts payable ....... ......
15 Mortgages, notes, and bonds payable in less than I year
16 Other current liabilities (attach schedule) .....
17 All nonrecourse loans ...........
18 Mortgages, notes, and bonds payable in I year or mole
19 Other liabilities (attach schedule) .......
20 Partners' capital accounts .........
21 TOTAL liabilities and capital .........
~ ReConciliation of Partner~' Cai)iai Accounts (See Page 9 of Instructions.)
(~ reconc/llatlon .o.f'each pm'tne~$ calgtal _-~___,~nt eft ~ule K-I (F~ 1065~ ~ G.)"
(c)Ofdinaryinc°a~ 1[.d)tnc(x~en43tindude~ (e)Lossesn,3tincl,__,d, ed__ (~Withdrawatsand(i) Capital account
(I) Cal~tal account at (b) Capita~ conbSbuted (loss) from ~ 1, I in coiumn (c), ~ in column (c). p~us ·
be~jnmn~ of ~ durm~ yea' line 24 noe*?~h~.,~ i/-.%~T~e t~a~,at~lt deduc~ distfibutk3n~ It e~d of yem'
U.S. GOVIERf'~iaENT ,c:~/INTING OFFIC£t 1985-463-150
Inte,nal Revenue Service (3) · Attach thl~ fo~m'to ~f rlt~r~ "
~)us~.~re~u,. ENRIQUEZ CONSTRUCTION '
~ 95-3121108
B~i~ ~ ~fiwty to wh~c~ thru lmm rela~ ..
~ Depreciation ..
Use PB~ I~1, Specific Information ~ncerni~ Automobil~ and other List~ Pro~, f~ ce~in trans~tion ~uipmeflt (e.E.
autos), amu~ment/rKreabon pro~, and c~puter/~ri~l ~uipment.
~ion ~~!~ to ~nN R~ ~y (~tl~ 179)
LAsted pro~Enter to~l from Pa~ III, ~ A, ~umn th)
Total (see mstru~mns for lim~tio~). (~e~i~ ~ S ~ati~ the ~hedule K and ~h~u~
K-1 Instructions of Form 10G5 or 1120~ *. .... .... * ...........
(b) ~t, (c) ~ ~' (d)
Accelera,~ Cost R~oveu System (ACRS)ts. in~ns): F~ ~. other than .utomo,i~
and o~her ~ pro. dy piac~ i. ~ke ON LY du~ ~ ~f ~.~ iD 2 ~5
I 731 ' 3yrs .ers 933
pro~ .
~ 15-~ear real
$ ' 18-year real prope~
(See 'Items You Should Note')
Listed pro~y--Enter total from Pa~ II1, ~fion A, column ~ .............
ACRS d~uction for assets other than automo~les and other list~ pro~ plac~ in ~ice prior to [985
(~e instructions)
m
Oth~r~iation~in~t~i~} . . . .. . ~ ...............
T~tal (Ad~.~uctions on lin~ 3 thr~ 8). E~ ~ a~ ~ t~ ~~ Ii~ ~ ~ r~m (~- ~ ...... " '
~ Amo~i~tion ...., ..
m
Total. Enter here and on Other Deductions o~ Oth~ Expans~ line of your tatum '
S~m ~ N~*flo. J~t Noo~o o~ ~mem 1 ~ U~ m~marm~ ~ Fm~ 4562
ENRIQUEZ CONSTRUCTION · ID# 95-31211'08 ·
1985 OTHER DEDUCTIONS
ADVERTISING $2,617
BANK CHARGES 888
CAR AND TRUCK EXPENSE 11,640
DUES AND PUBLICATIONS 946
GASOLINE 9,584
EQUIPMENT RENTAL 850
INSURANCE ,~ 8,403
LEGAL AND PROFESSIONAL 4,956
OFFICE EXPENSE 2,301
SUPPLIES 11,943
TRAVEL AND ENTERTAINMENT 6,220
UTILITIES~ 8,802
PAYROLL TAXES 523
TOTAL OTHER DEDUCTIONS $69,673
"'"' ,~"¢'' ' ,;'~ ~ I~NRI~UIqZ AND SONS CONSTRUCTION
CL~N?/;,jr:,?-I~ON ]~h~. ~ ' 827 PAOlI~IC ST. . . ' ,~. ,.,...
't'i"'"""~'":~ lSlO ',~pe. ~ BAKERSFIELD, CA..93305 NOT ~PLICA
~ . N Wa~ there i distribution of ~o~dy or I Irln~fer of ~
tnlorafl durlni lbo tel y~f? If. "YoI" ~ ~ie 5 el tho
H Ch~k ~prlic,ble ~xes: (l) ~ final return' Inslructlon~ concernlnK an elation to adjust the ~sll of the 'X
~rt~rshlp s a~ets und~ ~tion 754 .... ' ..... ' '~'
(2) 'E:~ C ,~ :~,~ h~ ~ddress (3) ~ Amended return~-- O ~1 aqy. time du~ln~ ~ho lax y,ir, did the.~d~rship ~vs in Iq.
.... ' .... securities a~unt, or olher financial ~cc~nt In a foreign ~u,l~y ' X
· . .... .J ' (s~ paE~ 5 of Instructions)? ........ ;' . .
J I~ Ihi~ ~dnership.a .limited Nd~lership (see page 3 of ' X P Wasth~dnershiptho'frantor¢,~'t~nslerorto,aforelEnlr~t .. ,,..
,.:lflstructioi'i~)~.. '.~;' . ,' ........ ,. ' ' '" which existed durmi Ihs current lax yea[j.w~lher qr,~l I~
L A~e~ny~,rh~:i~ht~p~drm~hip,bopartnarships~,., ~X "Y~" You rely ~lvl 1o l Il forint 3520, 3520.A, or 926 (~ ~e
M . 0~3 lh~ l~tnt¢~hll~ m¢,t nil {he requirements shown on pale ~ * Ch~k ~1~ ~x If l~ ~d~orlhlp hal filed_or b r~ulrN to file ,.r,/..'~' '
,',:~ J;~2?~.,0o~t.~l,goods, sold.and/or operations (Schedule A, Ilne 7) .,..."~.' , L, '... '.' . . ' ',::'
, '~ "Ordl¢~ar~' tnc~me.(~sa) from olherpn~nershtps and flduclarle~ . · .....
e' Nd0gU~tI!y n8 Inter~:~ and n~'nqualifytn8 dlvldend~ ,~ ,
F~. ?,Grg¢~ f~nts..$.~,;. ' "' ..6b Minus,rental expenses (affach. . schedule) $ ......... , .... "
~ n~t (eatal {nco,me (loss) ...... ' -',; '., . ................ ~ '
~ Ne 'fr royalt es(a~a sch due) .....
., ~..,,.. ~ +~,' ,. ,,. ,. : . . . ., ........... . ..~.'
?..~ (19ss)'(att~ch Schedu e F (Form Z040)), , ...... -..
· .':,,~ ~,., . .. .................. ',.~ .~..
.... '..-....'''. ....
comblrmllnes3throu~h]O).
~,.. - , --'..,, ..... , .................. ,'4:/',....:..
~,,~ ',.' .-'"',~, F,',;/,',',.:;",' ,.'..' ' , ' ' , ' . '
lU~tlbe,'lnter~st.exp~nse'not claimed elsewhere on return
.. .
"" ~:~n,U~,in~.;o;{"~'p~q,e required to bo pa~sed through to pa,nets on I
,~ C t Ired) II~es, l.2,,19~(2),m~d 19a(3) I ~bb . . ~ "':,'.
.".'. t~a O~precatlonfmmForm4562(attachForm45621 $ 24,~71 19b M nUsdanraciatnn '
.~'" :-~:~": claimed on~ E~:hedute'A'and e ~;ewhore on return $....' . "; Balance , , , ~ ~:.
~ ZO ;. ~,,epletlon (D~ n~t d~d~,ct oll~nd~as 8~pletlon, See page 7 of Instructions.) .......,
';~.
-'.:'," ' "" ' ~ . · .... . [ t . I :-" : I ~ ,r ~,~l,l.,,c,,Ity,~..'~" ,,
, .:~',~ :- ,;s ,~ · , ...... ,:, .
,.. ,;.,,,: .~ r',. ..... ::. ' . ~': ' '..
· , ,. .. . . - ,
~/;',~t'~:,?~'~'',.~ :L../::,...='. ..... : .... ....,:~,, .
,¥;,;,'/;~";:.' ,'/:.;': .... . ":".;
'~ ~' : ':' .... ; ' " ' ' '" ',~...
. .' ;,. '/"~'"
l>urchuses'minuscor, l ,:d ite~s withdrawn for personal u~e , , , . .; , . ; .... · 2" '1 629 -J
(11) :~ .Lower 0f ~;~st 0r>~arl~et a~ ~escrlbed In res~latlons section 1.47 ~.4 (see page 8 of Instructlons~
(111) ~] Writ~dow, ~f L'~ubno'~ maw goo~ as described In regulatlqns section 1.471-2(c) (see page 8 of Instructions) '
Check If tho L~FO, .rwento~ method was adopted this tax year for eny goods (If checked, attach Form 970) .... ~
!f you are e~igag~d, ln.n~ad~bcturlng, did you value your inventory using the fuit absorption meth~ (regulations' s~tlon ].47 l.i l)? ~ Yes ~
. Was tl~re, any chang0 In doturmlning quantities, cost, or valuations be~een opening and closing Invento~? ~ Yes ~ N~"
, ,,.". ' .' (~} Ol~trlbutlvoH~ro temp., ,. (b) Total amounl :
~23 ~ and specially allocated ordlna~ gain Ooss) ......~....,2
the United States, nter ~he name of the count~ or.~ ,.~ ,.,:
'Total grus~ ncome.f~0rn sources outside the United States .... .'. , , 3b
~ts'" SCHEDULE L 'A~D H ARE ~OT APPT.[C~R~.~ -
'.'?:' l eSSar,dgoflnstructlon, andf stlonMonPa e[ BeffireCom
~nus.aCrumu a~ed dop orion .....
~.MIDus accumulated ~mo~lz~tion,. ,: ' ....
:" ~l~r,curre{lt' lin'bltitle~j~atta~h schedule) . ' ......
e~ z ~n bond paya nlyearor ore ,, '.~.'~" .... ' .... ':~
,et.her I~b ties (attach schedule)'. , . ~ . . ., ~; :~:
:" Pa~ners' ,capital accounts .,., .....
:~~ Re~,)nclllatlon of Partners' Capital Accounts (See Pa e 9 of Instruct ons. ~. ' "·
'"~ t?,ow reconciliation of each partne~ = c~pltal account on Schedule K. 1 (Form 1065), Question F.)
m not Included , ., '1
Capita{ account ~t [~ ........ 0o~) {rom page ~, In co umn (c), p us (~ Wlt~rawall an4 (~ ~pltal a~unt'
b~inn!nE OI )'e~r ' ;;~;;; in column(c), plus . '
.. o.~ ' line 24 nontaxable income ' unaltuwabledeductions distributions ~. : Il end of~r '~ % '..; j ~''
.,-..' . ,. .. , :" ;.,,.:
SCHEDULEK-! Partner's '-.' of Income, Credits, Dedu s, etc.
"(,Form 1065)o,p,,dm,n, .............. For c,londar year 1984 or fl~cal year,. ........ ...................... - - ~84
],,, /,, ,, ',.~,~,,.,
'JOHfl.':F.. ENRIQU.EZ" " ENRIQUEZ AND SONS CONSTRUCTION ' ,.
,Form zOO5)?' :',",. :,,- ,, , '; .... ~ Yes ~ No O Enter pa~ner'5 percentage of: ~tetmt~t~n ' yea~ , ', ,,
C .Wh~ttypl~0tenttyisthl~pa~ner/ ~ .... ID)[EI~J~'~ .... E ','lRSConterwhere ~dner~hlp ftl~ret~rn' ~..~[~ ...... .,:. ,~:::,*:..'
r Reconcl!iat,)nofpadnerscapitalaccount. ~d)lncome~tinclud~(e)~set~tl~lud~] ~twi,ha .... ~..~ ~ ~.~m.~i,.~
I:
~/.~::, ~. c' Ppyrn~nts for pa~ner to Simplified.Employee Pension (SEP)., . , , Form 1~0, line 27
~[ ~};' [; 15~.~:~ Cr~,d~t'~°r,,Income rex withheld .... . .......... See Form 1~0 inst~ct[o.8 ,~,',,,-,
(i'~ '[7 a Net ~arn;ngs (loss) from self-employment .... ' .... ~ . Sch SF Pa~ I ,.
~-,~ b Gro.~ [urmin~ or fishing income ............. ~u~ ~.t (F~m 1~5)
.':],~8., Accelerated depreciatio, oo.o.,ecove~ real prope~ or ~5.2ear or 18-year ~~~~..
,.. p¢op~r~y otlmr than [5.year or [8.year real ptope~y Form 625L tine 4d
<~, ~ ' c Del)let on (ou'mr than oil and gas) Form 625[, fine 4i
~- - d Ct)' Gross'income from oil, 8as, and geothermal prope~ies See Form625[ Instructions' ':'
~ ', (2) De~uctions allocable to oil; 8as, and geothermal prope~les See Form 625 ~ Instructions", :; "'::
~ (],) ~uallfied investment income included In line 1 above %~.~,K.~ (~m
. ,'., ~ ".* ' (2) Qualifi,~d investment expenses included In line I above ~h~,~* K.I (Form
.FOr ~ap~)t~ork Reduction I~ct Notice, ~ee Form/065 In~lructlon~. ~chedule K-1 (Farm ~065) ~9~
,~," :~'~ ..':.2',., ...... ;.,: .... , · " ENRIQUEZ CONsTRucTION
. '( .,. -~ "' - .' .:~
'~ 1'984 OTHer. DEDUCTIONS ~/.. ......
' ': ~834 '"" ·
L~S0~ : 2,778
,AND": ~UBLICA~ION~ 208
. ,. ,.[. : .-.~,',, /,.
,., ..~ ...f '.'~. ~ ? ',~ ~ ,'
,,~,~ ,....,,. .,; ." .. .,. .:
, ,': . ,. ;'.~,
' ....... 2,400
· ~'~z~F~':,.:' ~,U" .... "',-]";' "'.
,'".?i~Lq/'.,'!' AUTO' AND T~UCK EXPENSE 23,~11
?. ;L~,<" t';. .... :'.' ' ' ' ." '
., ~ht~..' . ,.,~.~ · . , . . .. .. , . ~ ..
.' '~ ,;~,:/.. ;~,~ ..... '. ' ,',.'.'~ ....
~ ' ~'? LEGAL',. AND.. PROFE S $ IONAL ~ '
,,,~.,~'~ .:~: ..... : .... 1,517
~, ~':,: ;..',,
'"~' '"' · 7,603
.,'~ ~ '.,;, :?~ ,--....
--~' .~'~-~:~ X~s"':~. SU~L~S " ....
~' ' .... ~':~,',".;/,.,~'..,: " , , 5~2~5 ".:,: .
· .cH~o~.s.,, ,'..
~" ~.',"' -"r,' .... ,,?., 419
::.,r J; TOTAL OTIIER DEDUCTIONS
, ,..;: ~,~ ,. .... ., ....,
'.; .... ,, '..,:.'.:~ ]~ ', ,. ~' . , . ',
,....,~ . . .., . , , , ., . - ' . %. [ · ,.
~ ~ .~ , . ,,. ......... ~;'
' .u. ....... , '" ' - .; -. . ,-~..,..~.
".~.?t~:~,,',, ', ",.'... .,. : ",:. t,. ~. ~" , ,
,~,~.,',!~ /,, , ,'-. ,...,~'. ,. t. ,? , .. s ,. ...
, ;,,,., ; · ~ . ~ , . , ... ].~. ,.. ~,.,...
"-~,~'."'~ ' ' ' '. , I ~ '"'"%' '.'"'
'~,:2~:, ~', '('.',' "". :" :'~ :" ' "'
': ' '. "' ~
.... , . ,: .. ...... · ~ .
. ,. :z,',::...' :'::-,.;-' :".'... .... :. . , ~.'
,.:.. ,.,,;[:~.:.'/.~. ., ., '-:'
'"'~.7~' ~' ....' ' '" ..
.,
[, ~.~ ~ , "; ;~ ' ~. ~' '~,r. '%'
,', ,~ , ~ · . ~ . . : ·., .. ,'.
...... ' ""r' ':"Z'~'~Z~
': ' :' ' ' " ,
L ""
,. ,.. , '~ l'i :';?,,~'~,~
, ,....j..t~ , ',, ~,,. , ~ ' ;~'
. ' ~'r..' ':- .., . '" . .. ,..
'2'~,, ,' C' ,