HomeMy WebLinkAbout1988-219
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RESOLUTION NO.
88-219
RESOLUTION OF THE CITY OF SAN BERNARDINO APPROVING THE SALE
OF THAT CERTAIN PARCEL OF PROPERTY IDENTIFIED AS PARCEL 4 OF
TENTATIVE PARCEL MAP NO. 9293 LOCATED NEAR THE INTERSECTION OF
6TH STREET AND "D" STREET, BY THE COMMUNITY DEVELOPMENT
COMMISSION OF THE CITY OF SAN BERNARDINO TO THE SAN BERNARDINO
COUNTY BOARD OF EDUCATION.
BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY
OF SAN BERNARDINO AS FOLLOWS:
SECTION 1. Recitals.
A. The Community Development Commission of the City of San
10 Bernardino ("Commission") proposes to sell to the San Bernardino
11 County Board of Education, a public agency ("County"), that
12 certain parcel of property identified as Parcel 4 of Tentative
13 Parcel Map 9293 located near the intersection of 6th Street and
14 "D" Street, which parcel is legally described in Exhibit "A"
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attached hereto and incorporated herein by reference, for the sum
of $350,000 which will be paid by the Developer in cash and other
considerations.
B. Notice of the time and place of hearing has been given
19 as required by law.
20 C. The Commission has made available for public inspection
21 and copying a summary of financial aspects of the proposed sale.
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D.
The summary of financial aspects represents that the
23 fair market value of the interest to be conveyed by Commission,
24 determined at the highest use permitted for such property, is
25 $ 133,410
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E.
All hearings have been held as required by Health and
27 Safety Code Section 33433.
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SECTION 2.
Determination. Based upon the representations
of Commission, it is found and declared that the consideration
for the real property described above, in accordance with
covenants and conditions governing the sale, is not less than the
fair market value of the property determined at the highest use
permitted for such property.
SECTION 3. Approval. The Mayor and Common Council of the
City of San Bernardino hereby approve the sale of said property
upon the terms and conditions set forth in this resolution and
the summary of financial aspects.
I HEREBY CERTIFY that the foregoing resolution was duly
adopted by the Mayor and Common Council of the City of San
Bernardino at a
rAgnl ;:::1r
meeting thereof, held on
the __2Q~__ day of ____~~______, 1988, by the following
vote, to wit:
AYES:
Council Members Estrada, Reilly, Flores,
Maudslev. Minor. Pope-Ludlam, Miller
NAYS:
None
ABSENT:
None
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Reso: Sale of property to County Board of Education
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The foregoing resolution is hereby approved this ~/~ day
3 of
1988.
,"{1/;c~/ 2t f 0/
City of San Bernardino
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Approved as to form
and legal content:
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DESCRIPTION
PARCEL 4 OF PARCEL MAP NO. 9293 AS PER MAP
RECORDED IN BOOK . PAGE
OF PARCEL MAPS IN THE OFFICE OF THE COUNTY
RECORDER OF THE COUNTY OF SAN BERNARDINO, STATE
OF CALI FORNIA.
(To be recorded in Escrow)
EXHIBIT A