HomeMy WebLinkAbout1986-473
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RESOLUTION NO.
86-473
RESOLUTION OF THE CITY OF SAN BERNARDINO APPROVING THE SALE
OF THAT CERTAIN PARCEL OF PROPERTY INDENTIFIED AS APN 279-261-06
LOCATED ON RIALTO AVENUE AT ITS INTERSECTION WITH LENA ROAD, BY
COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO TO
NOVACK-SHANE, A PARTNERSHIP.
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 ("Commission") proposes to sell to Novack-Shane, a
partnership ("Developer"), that certain parcel of property
identified as APN 279-261-06 located on Rialto Avenue at its
intersection with Lena Road, which parcel is legally described in
Exhibit "A" attached hereto and incorporated herein by reference,
for the sum of $450,000 which will be paid by the Developer in
cash.
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 Commission,
determined at the highest use permitted for such property, is
$450,000.
E. All hearings have been held as required by Health and
Safety Code Section 33433.
SECTION 2. Determination. Based upon the representations
of Commission, it is found and declared that the consideration
for the real property describe above, in accordance with
1 covenants and conditions governing the sale, is not less than the
2 fair market value of the property determined at the highest use
3 permitted for such property.
4 SECTION 3. Approval. The Mayor and Common Council of the
5 City of San Bernardino hereby approve the sale of said property
6 upon the terms and conditions set forth in this resolution and
7 the summary of financial aspects.
8 I HEREBY CERTIFY that the foregoing resolution was duly
9 adopted by the Mayor and Common Council of the City of San
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17th
day of
November
meeting thereof, held on the
, 1986, by the following vote, to
10 Bernardino at a
regular
12 wit:
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21 of
AYES:
Council Members Estrada, Reilly, Hernandez.
Marks, Quiel, Frazier
NAYS:
None
ABSENT:
Council Member Strickler
November
, 1986.
~t?#7?~~/
.../ Ci ty Clerk
hereby approved this /9~ day
The foregoing resolution
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Approved as to form:
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,JJ.~6 City Attorney ,/
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THOSE PORTIONS OF LOTS 6. 7 AND 8. IDA STOCKTON FIVE ACRE SUB-
DIVISION. IN THE COUNTY OF SAN BERNARDINO. STATE OF CALIFORNIA,
AS PER PLAT RECORDED IN BOOK 19 OF MAPS. PAGES 57 AND 58. RECORDS
OF THE COUNTY OF SAN BERNARDINO. IN THE CITY OF SAN BERNARDINO.
STATE OF CALIFORNIA. DESCRIBED AS FOLLOWS-
COMMENCING AT THE SOUTHWEST CORNER OF LOT 26. BLOCK 45. RANCHO
SAN BERNARDINO. AS PER PLAT RECORDED IN BOOK 7 OF MAPS. PAGE
2. RECORDS OF SAID COUNTY. AS SAID CORNER IS SHOWN AS A 1 INCH
IRON PIPE ON SURVEYORS PLAT NO. C.S. IDD2S. FILED IN THE OFFICE
OF THE COUNTY SURVEYOR OF SAID COUNTY; THENCE NORTH e~ DEG. 21'
10M WEST ALONG THE CENTERLINE OF RIALTO AVENUE (FORMERLY CARDIFF
AVENUE). A DISTANCE OF 536.~1 FEET; THENCE SOUTH DO DEG. 40'
25M WEST TO A POINT IN A LINE THAT IS PARALLEL WITH AND DISTANT
44.00 FEET SOUTH OF SAID CENTERLINE OF RIALTO AVENUE. SAID POINT
ALSO BEING THE TRUE POINT OF BEGINNING; THENCE SOUTH e~ DEG. 21'
10M EAST ALONG SAID PARALELL LINE. A DISTANCE OF 467.63 FEET
TO THE BEGINNING OF A TANGENT CURVE CONCAVE TO THE SOUTHWEST.
HAVING A RADIUS OF 20.00 FEET; THENCE SOUTHEASTERLY ALONG SAID
TANGENT CURVE THROUGH AN ANGLE OF 100 DEG. 13' 28M, AN ARC DISTANCE
OF 34.~9 FEET, TO A POINT IN THE NORTHWESTERLY RIGHT-OF-WAY
LINE OF LENA ROAD. eO.DO FEET WIDE. AS DESCRIBED IN THAT CERTAIN
DECLARATION OF RIGHT-OF-WAY, RECORDED JULY 27. 1~76 IN BOOK
8977, PAGE 1061, OFFICIAL RECORDS OF SAID COUNTY; THENCE SOUTH-
WESTERLY ALONG A COMPOUND CURVE AND SAID NORTHWESTERLY RIGHT-OF-WAY
LINE OF LENA ROAD. HAVING A RADIUS OF e6D.DD FEET. THROUGH AN
ANGLE OF 34 DEG. DO' 35M, AN ARC DISTANCE OF 510.48 FEET; THENCE
TANGENT TO SAID CURVE SOUTH 44 DEG. 52' 53M WEST ALONG SAID
NORTHWESTERLY LINE, A DISTANCE OF 369.11 FEET; THENCE LEAVING
SAID NORTHWESTERLY LINE OF LENA ROAD. NORTH DO DEG. 40' 2Su
EAST. A DISTANCE OF 735.29 FEET. MORE OR LESS. TO THE TRUE POINT
OF BEGINNING.
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