HomeMy WebLinkAbout1979-230
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1
RESOLUTION NO. 7 Cj-d.,;J ()
2 RESOLUTION OF THE CITY OF SAN BERNARDINO APPROVING THE
SALE OF A PORTION OF PARCEL NO. 134-131-05 LOCATED ON THE CORNER
3 OF 4TH AND "E" STREETS IN THE CENTRAL CITY NORTH PROJECT AREA TO
THE CITY OF SAN BERNARDINO BY THE REDEVELOPMENT AGENCY OF THE CITY
4 OF SAN BERNARDINO (HEALTH & SAFETY CODE SECTION 33433).
5 WHEREAS, the Redevelopment Agency of the City of San
6 Bernardino proposes to sell to the City of San Bernardino, here-
7 inafter referred to as "City", a portion of Parcel No. 134-131-05
8 located within the Central City North Project Area, described in
9 Exhibit "A" attached hereto and incorporated herein by reference
10 as though set forth in full, for the sum of $15,936.96 which will
11 be paid by City in cash; and
12 WHEREAS, City proposes to develop on said real property
13 a bus stop facilityi and
14 WHEREAS, notice of the time and place of hearing has been
15 given as required by law; and
16 WHEREAS, the Redevelopment Agency has made available for
17 public inspection and copying a summary of financial aspects of
18 the proposed sale; and
19 WHEREAS, the summary of financial aspects represents that
20 the fair market value of the interest to be conveyed determined at
21 the highest uses permitted under the plan, is $15,936.96; and
22 WHEREAS, all hearings have been heard as required by
23 Health and Safety Code Section 33433,
24 NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COMMON
25 COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS:
26
SECTION 1. It is found and declared that the considera-
27 tion for said real property, in accordance with covenants and
28 conditions governing such sale, is not less than the fair market
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1
value of the property determined at the highest use permitted
2 under the plan.
3
SECTION 2. The Mayor and Common Council of the City of
4
San Bernardino hereby approve the sale of said property upon the
5
terms, conditions, and for the reasons set forth herein.
6
I HEREBY CERTIFY that the foregoing resolution was duly
7
adopted by the Mayor and Common Council of the City of San
8
Bernardino at a
on the 7'~
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meeting thereof, held
9
day of
, 1979, by the following
10
vote, to wit:
11
AYES:
12
13
NAYS:
14
ABSENT:
15
~.Md:1/ ~Ab
,5 Ci ty Clerk
16
he foregoing resolution is
t,Y*-
17
18
of
\
, 1979.
19
20
as to form:
21
22
23
24
25
26
27
28
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