HomeMy WebLinkAbout1985-177
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RESOLUTION NO.
85-l77
2 RESOLUTION OF THE CITY OF SAN BERNARDINO APPROVING THE SALE
OF CERTAIN REAL ESTATE IN THE STATE COLLEGE PROJECT AREA BY THE
3 REDEVELOPMENT AGENCY OF THE CITY OF SAN BERNARDINO TO HARWOOD
INVESTMENT COMPANY, DANIEL S. EVANS, DBA DANIEL S. EVANS AND
4 ASSOCIATES, AND WESTERN COMMUNITIES ASSOCIATES (HEALTH & SAFETY
CODE SECTION 33433).
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BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF
SAN BERNARDINO AS FOLLOWS:
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! SECTION 1. Recitals.
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i (a) The Redevelopment Agency of the City of San Bernardino
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II ("Agency") proposes to sell to Harwood Investment Company, Daniel
Is. Evans, dba Daniel S. Evans and Associates, and Western
Icommunities Associates, ("Developer"), certain real estate within
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the State College Project Area, the location of which is depicted
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in Exhibit "A" attached hereto and incorporated herein by
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reference as though set forth in full, for the sum of $370,204.80,
which will be paid by the Developer in cash.
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(b) Notice of the time and place of hearing has been given
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(c) Agency has made available for public inspection and
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Icopying a summary of financial aspects of the proposed sale.
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Ifair market value of the interest to be conveyed by Agency,
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(d)
The summary of financial aspects represents that the
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I determined at the highest use permitted under the plan, is
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1$370,204.80.
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(e) All hearings have been held as required by Health and
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25 Safety Code Section 33433.
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SECTION 2. Determination. Based upon the representations of
27 Agency, it is found and declared that the consideration for the
28 real property described in Exhibit "A", in accordance with
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I covenants and conditions governing the sale, is not less than the
2 fair market value of the property determined at the highest and
3 best use permitted under the plan for the State College Project
4 Area.
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SECTION 3. Approval. The Mayor and Common Council of the
6 City of San Bernardino hereby approve the sale of said property
7 upon the terms and conditions set forth in this resolution and the
8 summary of financial aspects.
9 I HEREBY CERTIFY that the foregoing resolution was duly
10 adopted by the Mayor and Common Council of the City of San
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Bernardino at an adiourned regulAr
meeting thereof, held on
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the l3th day of
MAY
, 1985, by the following vote,
I3 to wit:
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AYES:
Council Members
r.:=t~rt="lnpnt=l
R.,:::.; 1 'Y.
Hc.,...n~nrlO<7
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Quiel, Frazier, Strickler
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NAYS:
None
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ABSENT:
COllnr.il MAmhAr Mrlrkq
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~/#:?/~
/' City Clerk
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21 of
Mav
, 1985.
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The foregoing resolution is hereby
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Approved as to form:
~JI#2;~e;,
City Attorney
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