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RESOLUTION NO. /.i1S'/1
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RESOLUTION OF THE CITY OF SAN BERNARDINO APPROVING THE
SALE OF A PARCEL OF REAL PROPERTY LOCATED IN THE CENTRAL CITY
rORTH PROJECT AREA TO THE CITY OF SAN BERNARDINO BY THE REDEVELOP-
MENT AGENCY OF THE CITY OF SAN BERNARDINO (LOT NO.1) (HEALTH &
SAFETY CODE SECTION 33433).
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WHEREAS, the Redevelopment Agency of the City of San
Bernardino is the owner of a certain parcel of real property
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situated in the Central City North Redevelopment Project Area,
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described in the attached Exhibit "A", which is incorporated in
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this resolution by reference and
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WHEREAS, the cost of the real property to the Agency,
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including land acquisition costs, clearance costs, relocation
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costs, improvement costs, fees and engineering costs, and all
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other incidental costs, were set forth in the Summary of
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Financial Aspects of Parking Facilities Lease between the
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Redevelopment Agency and the City of San Bernardino previously
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prepared by the Agency; and
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WHEREAS, the Redevelopment Agency of the City of San
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Bernardino proposes to sell to the City of San Bernardino, and
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the City of San Bernardino proposes to buy or replace the real
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property pursuant to an agreement providing for replacement on
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an equal basis; and
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WHEREAS, the aqreement is necessary to effectuate the
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purposes of the Redevelopment Plan; and
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WHEREAS, the City of San Bernardino has proposed a develop-
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ment for the real property as a bus shelter; and
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WHEREAS, notice of the time and place of hearing has been
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given as required by law; and
WHEREAS, the Redevelopment Agency has made available for
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1 ublic inspection and copying all of the information required by
2 law; and
3 WHEREAS, all hearings have been held as required by Health
4 & Safety Code Section 33433,
5 NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COMMON
6 OUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS:
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SECTION 1. It is found and declared that the sale is for
8 he equivalent of the estimated fair market value of the parcel
9 f real property being sold in accordance with the covenants and
10 onditions governing such sale.
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SECTION 2. The Mayor and Common Council approve the sale
f the real property upon the terms, conditions, and for the
easons set forth in this resolution.
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I HEREBY CERTIFY that the foregoing resolution was duly
dopted by the Mayor and Common Council of the City of San
ernardino at ~ oJf~J~ ~_~J meeting thereof, held
n the 'i''71.. day of ~A) ,1978, by the following
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ote, to wit:
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AYES:
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ABSENT:
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The foregoing resolution
f ';~~ ,1978.
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