HomeMy WebLinkAbout1986-442
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RESOLUTION NO. 86-442
RESOLUTION OF THE CITY OF SAN BERNARDINO APPROVING THE SALE
OF THAT CERTAIN PROPERTY IDENTIFIED AS APN 135-061-10, LOCATED AT
566 NORTH LUGO AVENUE WITHIN THE CENTRAL CITY EAST REDEVELOPMENT
PROJECT AREA, BY THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY
OF SAN BERNARDINO TO THE YOUNG WOMEN'S CHRISTIAN ASSOCIATION OF
GREATER SAN BERNARDINO (HEALTH AND SAFETY CODE SECTION SECTION
~ 33433).
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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
Bernardino (hereinafter "Commission") proposes to sell to the
Young Women's Christian Association of Greater San Bernardino
(hereinafter "Developer"), that certain parcel of property
identified as APN 135-061-10, located at 566 North Lugo Avenue
within the Central City East Redevelopment Project Area, the
legal description of which is set forth in Exhibit "A" attached
hereto and incorporated herein by reference as though fully set
forth in full, for the sum of $34,204.
B. Notice of the time and place of hearing has been given
as required by law.
C. The Commission has made available for public inspection
and copying a summary of financial aspects of the proposed sale.
D. The summary of financial aspects represents that the
fair market value of the interest to be conveyed by the
Commission, determined at the highest use permitted for such
property, is $1.00.
E. All hearings have been held as required by Health and
Safety Code Section 33433.
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SECTION 2. Determination. Based upon the representations
of the 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 under the plan for the Central City
East Project Redevelopment Area.
8 SECTION 3. Approval. The Mayor and Common Council of the
9 City of San Bernardino hereby approve the sale of said property
10 upon the terms and conditions set forth in this resolution and
11 the summary of financial aspects.
12 I HEREBY CERTIFY that the foregoing resolution was duly
13 adopted by the Mayor and Common Council of the City of San
14 Bernardino at a
r~g111;:)r
meeting thereof, held on the
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20t-h
day of
Orrnhpr
, 1986, by the following vote, to
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AYES:
Council Members Estrada, Reilly, Marks,
Quiel, Frazier, Strickler
NAYS:
None
ABSENT:
Council Member Hernandez,
~//~~v
/' City Clerk
The foregoing resolutio~ hereby approved this ~~
October , 1986. /~) /)
'/') /
f",~/"'.~
day
of
ino
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Approved as to form:
{~~~~
City A torney
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EXHIBIT nAn
LEGAL DESCRIPTION
LOTS 19, 20, 21, 22, 23, AND 24, TRACT NO. 2030, FIFTH STREET
PLACE SUBDIVISION, AS PER MAPS, PAGE 49,
RECORDS OF SAN BERNARDINO COUNTY
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