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HomeMy WebLinkAbout1993-333 6 WHEREAS, the City of San Bernardino is contemplating the purchase of 7 portions of land located on the Northwest corner of 40th Street and Acre 8 Lane, in the City of San Bernardino for street widening purposes; and 9 WHEREAS, Margaret Mowatt Petersen is the owner of said parcel of land 10 described below; and 11 WHEREAS, on the 21st day of December, 1992, Resolution No. 92-403 was 12 adopted, determining the fair market value of $25,025.00 for this parcel; 13 and 14 WHEREAS, the City has determined that a lesser amount of right of way 15 is 16 17 18 19 now required for this project and has reviewed the Appraiser's modified determination of fair market value of the land and his report thereon, based upon the reduced acquisition. BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS: 20 21 22 23 24 25 26 27 28 SECTION 1. That said parcel of real property, or portions thereof is described in full in the attached Exhibit "A", attached hereto and incorporated by reference as though fully set forth in length. SECTION 2. It is hereby determined, based upon the appraiser's report submitted herewith, to have a fair market value of $23,298, and said amount is hereby established as fair market value for said parcel. SECTION 3. The City of San Bernardino does hereby certify that the work of the Appraiser, as modified, with respect to the parcel of real 08-17-93 93-333 RESOLUTION OF THE CITY OF SAN BERNARDINO ACCEPTING MODIFIED DETERMINATION OF FAIR MARKET VALUE FOR CERTAIN REAL PROPERTY LOCATED ON THE NORTHWEST CORNER OF 40TH STREET AND ACRE LANE. 1 property has been performed in a competent manner in accordance with the 2 applicable State Laws and the policy requirements of the City of San 3 Bernardino. 4 SECTION 4. The City of San Bernardino is hereby authorized to make 5 payment for the herein described property in the amounts as set forth in 6 Section 2 above and to do all things necessary the complete said 7 acquisition. 8 / / 9 / / 10 / / 11 / / 12 / / 13 / / 14 / / 15 / / 16 / / 17 / / 18 / / 19 / / 20 / / 21 / / 22 / / 23 / / 24 / / 25 / / 26 / / 27 / / 28 / / 08-17-93 -2- 93-333 RESOLUTION OF THE CITY OF SAN BERNARDINO ACCEPTING MODIFIED DETERMINATION OF FAIR MARKET VALUE FOR CERTAIN REAL PROPERTY LOCATED ON THE NORTHWEST CORNER OF 40TH STREET AND ACRE LANE. 1 2 3 I HEREBY CERTIFY that the foregoing resolution was duly adopted by the and Common Council Mayor of the City of Bernardino at San a 7th meeting thereof held on the day of , 19~, by the following vote, to-wit: AYES x x x x x 15 16 The foregoing 17 Se1>tember resolution is , 19~. 18 19 20 21 22 Approved as to form 23 and legal content: 24 JAMES F. PENMAN, City A oruey 25 26 27 28 By: 08-17-93 NAYS ABSTAIN ABSENT x ~~ ~~fL City lerk hereby approved this \ a-\-'n of day / )' ' ~., .., . /' 6'''',1"'", . '/1(/:< v'~. TOM MINOR, Mayor City of San Bernardino -3- 93-333 1 2 LEGAL DESCRIPTION FOR RIGHT OF WAY ACQUISITION LOCATED ON THE NORTHWEST CORNER OF 40TH STREET AND ACRE LANE. 3 That portion of the South one-fifth of lot 10, Arrowhead Suburban Farms tract "A", as per plat thereof recorded in Book 21 of Maps, Page 6, records 4 of the County Recorder of San Bernardino County, State of California, described as follows: 5 Beginning at the intersection of the North line of 40th Street and the East 6 line of the West 196.3 feet of said Lot 10; thence North along said East line, a distance of 24 feet; thence East, along a line that is parallel with 7 said North line of 40th Street, to a point that is 23 feet West of the West line of Acre Lane; thence Northeasterly, along a straight line, to a point 8 on a line that is 34 feet North of and parallel with said North line of 40th Street, said point being 13 feet West of the said West line of Acre Lane; 9 thence East, along said parallel line, a distance of 13 feet to said West line of Acre Lane; thence Southerly, along said West line to said North line 10 of 40th Street; thence West along said North line, to the Point of eginning. 11 12 2929.5 square feet :t 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 -17-93 EXHIBIT "A"