HomeMy WebLinkAbout1979-173
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RESOLUTION NO. If- /1 ~
RESOLUTION OF THE CITY OF SAN BERNARDINO APPROVING THE
SALE OF APPROXIMATELY ONE ACRE OF REAL PROPERTY LOCATED NORTH OF
RIVERVIEW, RICHARDSON AND MT. VIEW IN THE SOUTHEAST INDUSTRIAL
PARK PROJECT AREA TO THEDFORD O. DE GROOT BY THE REDEVELOPMENT
AGENCY OF THE CITY OF SAN BERNARDINO (HEALTH & SAFETY CODE
SECTION 33433).
WHEREAS, the Redevelopment Agency of the City of San
Bernardino proposes to sell to Thedford O. De Groot, hereinafter
referred to as "Developer", approximately one acre of real
property located within the Southeast Industrial Park Project
Area, described in Exhibit "A" attached hereto and incorporated
herein by reference as though set forth in full, fQ~ the sum, of
Twe~ty Thousand Dollars ($20,000.00) which will be paid by the
Developer in cash; and
WHEREAS, Developer proposes to develop on said real
property an audio-visual distribution center; and
WHEREAS, notice of the time and place of hearing has been
given as required by law; and
WHEREAS, the Redevelopment Agency has made available for
pUblic inspection and copying a summary of financial aspects of
the proposed sale; and
WHEREAS, the summary of financial aspects represents that
the fair market value of the interest to be conveyed is $20,000;
and
WHEREAS, all hearings have been heard as required by
Health and Safety Code Section 33433,
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COMMON
COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS:
. . . .
. . .'. .
.
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SECTION 1. It is found and declared that the considera-
2 tion for said real property, in accordance with covenants and
3 conditions governing such sale, is not less than the fair market
4 value of the property determined at the highest use permitted
5 under the plan.
6
SECTION 2. The Mayor and Common Council of.the City of
7 San Bernardino hereby approve the sale of said property upon the
8 terms, conditions, and for the reasons set forth herein.
9 I HEREBY CERTIFY that the foregoing resolution was duly
10 adopted by the Mayor and Common Council of the City of San
II
Bernardino at a
, 1979, by the following
meeting thereof, held'
12
on the
7J'tt day of
13
vote, to wit:
'. 'y'
14
AYES:
15
16
NAYS:
17
ABSENT:
18
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/' C~ty Clerk
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of
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APprCi~as to
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CITY CU:R:<.S
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