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HomeMy WebLinkAbout1979-339 I RESOLUTION NO. 7~ ,339 2 RESOLUTION OF THE CITY OF SAN BERNARDINO APPROVING THE (SALE OF A PORTION OF ONE PARCEL OF REAL PROPERTY LOCATED WITHIN 3 ,THE CENTRAL CITY NORTH PROJECT AREA TO STOCKWELL & BINNEY REALTY ~ICORP. BY THE REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO q ~ (HEALTH AND SAFETY CODE SECTION 33433). 9 BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY ~OF SAN BERNARDINO AS FOLLOWS: ' 6 SECTION 1. Recitals, i 7 I ~ (a) The Redevelopment Agency of the City of San Bernardino 8 9 (proposes to sell to Stockwell & Binney Realty Corp., hereinafter li IO '~~Ireferred to as "Developer", a portion of one parcel of real i 11 (property located within the Central City North Project Area, described in Exhibit "A" attached hereto and incorporated herein ~ t2 ~ by reference as though set forth in full, for the sum of $66,024 I3 ' which will be paid by the Developer in cash; la 15 (b) Notice of the time and place of hearing has been ~ 16 given as required by law; I 17 (c) The Redevelopment Agency has made available for 18 public inspection and copying a summary of financial aspects of 19 the proposed sale; 20 (d) The summary of financial aspects represents that the 21 fair market value of the interest to be conveyed determined at 22 the highest use permitted under the plan is $62,024; and 23 (e) All hearings have been heard as required by Heath 24 and Safety Code Section 33433. 25 SECTION 2. Determination. Based upon the representations 26 of the Redevelopment Agency of the City of San Bernardino, it 27 is found and declared that the consideration for said real 28 property, in accordance with covenants and conditions governing I 1 ~ such sale, is not less than the fair market value of the property 2 determined at the highest use permitted under the plan, i i g i SECTION 3, Approval, The Mayor and Common Council of the q i City of San Bernardino hereby approve the sale of said property 5 upon the 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 ,~~~y meeting thereof, held ; 9 ~ on the ~ day of 1979, by the following t0 vote, to wit: i 11 ~ AYES: Councilmen ~~~~U~/ /d/~i1~~f ~ 12 O ~Sii~,~,~ l3 NAYS : T7~ds~ZOi p 14 ABSENT: ~-f~Giriir~~iln~Q rC~/1.G.f,G ~~g~4 iG pG~/ ~if~ 16 ~ City C erc 17 The foregoing resolution is hereby approved t ~ day: 18 of ~~.s~~~ 1979. I 19 ~ o ity of Bernardino 20 A ppro as to form: 21 22 ity At rney 23 24 25 26 27 I 28 -2- n p O O © ~ 0 p © O I O ® b_ ~ p O O _ @ -'I -p 0 0 p®®9 ~ U 0 0 O40 O v ~®IIO~® © I ® _ O - O C ~ p. p p © O 00' © O I © ii © ~ O O p - 0 1~}~ - ~ p p ll- © O © O cu.~ O ..wn I O j O O~. ~ - I urvu Q _ _ O_ STYE6T ® ~ p 0 O_ j p U ~ - p O I ~ ~ 1~_1- ; ~ ®~~p ® Q'O•i©'O,O I p p O ~~C7 O O. O ® I ~~~~1111 r~py+~+ m** •O~ O ®O ® O H O B 9 p p. ® I O 0+ Q ® ~ 9 I - ' ~ 9 C ® I ® .sn ® ® ~ ~ ~ I ® 9 I ~ p_ O Q O_ O o ~ p m 0 9 p 4 - I - O O 0 0 p O_ f 0 ~ I g ~ Q i p ® ®O O © ® p - } - ~ O O ® p i - p O i ~ p - - ~ ~ - ~ - ® _ ® ® O p ® ~ - ~ O_ O O O O O O O C o ~ O i 0 _ ~ _ I p © © i - l O ® ~ p O I O ~ © 4 i ® 6 9i ~ ~ 8 - ® p b e ® ~ nr p - ~ ® ® ~ - I 1 _ _ ® - _ EXHIBIT "A" ® I ® I L ~ ~ _