HomeMy WebLinkAboutAgenda Statement 1975/01/07 Item 07r'
CHULA VISTA CITY COUNCIL MEETING OF:
AGENDA ITEM N0. [ ~ J
January 7, 1975
ITEM TITLE: Resolution- Accepting bids for the sale of City-owned property
and authorizing the execution of the purchase contract
INITIATED BY: Pur^haGing Agent
n n nvnnnn~.Tn
At the meeting of December 10, 1974, Council directed staff to re-bid Parcel 2
of City-owned vacant land, located at the intersection of the extension ofi
Palomar Street and Oleander. Parcel 2 cons~st~ of 3.07 acres and is zoned R-1.
Parcel 1 (4.35 acres) was sold to American Housing Guild previously.
Notice of sale of land was printed twice in the Chula Vista Star-News in irhe
form of a display ad. Ten real estate development companies in San DiegojCeunty
were mailed notices of the sale.
Three bids were received with the res~~lts as follows:
BIDDER
Charles D. Thompson
1481 Third Avenue
Chula Vista, Ca.
Christian M. Jullie
531 W. Gage
Fullerton, Ca.
American Housing Guild-San Diego
3247 Mission Village Drive
San Diego. Ca.
(contd.)
ATTACHED: Resolution [X]
Financial Statement:
N/A
Commission-Board Recommendation:
Ordinance [ ]
N/A
AMOUNT BID
$ 1,00.00
7,000.00
24,000.00
Agreement [ ] Plat [ ]
See EXHIBITS iX] No. 1
Department Head Recommendation: Reco;iunenc~ approval,.. subiect to ~oriditions.
City Manager Recommendation:
M(e orijinally laid ;6,OU0 per acre for this land as
psrt of a 2~--acre acquisition. This is one of the least valuable sections of that
original acquisition. Kith the acquisition of this property, and continent on sub-
division activity, American Housing Guild will accept responsibility for the improve
ment of the south half of Palomar Street and the west half of Oleander Street abutting
said property, which shifts a si=nificant capital cost burden from the City. Therefore,
approval of the Mexican Kousin~ Guild bid is recoawended. The money should be
returned to the General Fund.
113(Rev.10/72)
Resolution-~ Accepting bids for sale of City-owned property ~ '
*Contingent on following conditions:
ITEM N0. 7
. page .2
1. Total purchase price to be determined by multiplying the number
of lots on a City Council approved tentative map times $2,000.00.
2. Conditions of approval on the tentative mad shall be acceptable
to American. Housing Guild - San Diego.
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BID f10. 14-197.4-75
BID FORf4
The undersigned, in compliance ti~rith the requirements of the City of Chula IYista,
hereby submi is a bi t i n the amount of ~-e~~+^~ ~0~~2 -TN.o~•, A.~ ~ _ Dol l ars
($24~b~p.at~) for Parcel 2, parcel map 2886, filed July 26, 1974 in the office
of the County Recorder.
Accompanying this bid is a certified or cashier's check for $ Zoo a • O a
•, representing Ten percent (10%) of the amount bid.
BIRDER ~i~n~.~c~.a ~~5~~ ~U«~ - ~~ ~ ~ kith
SIGNATURE
ADORESS32r4'~ ~(iss~~ ~t~cLaC,t4. ~~2,
CITY: ~~ \~~~-C,h STATE[,e,c~ , %IP g2t23
Telephone 2~~(- u`~l1
DATE 1211`i ! 1
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' ~ . ' B~WKoFAMERICA
NATIONAL TRUST A~ SAVINGS ASSOCIATION
Escrow No. , ,~ , ~ F'.~_
AMENDMENT TO
ESCROW INSTRUCTIONS
Date ~y 19
The previous instructions in this escrow No. ~*~-.~,:~Isjj~
modified and/or amended in the following particulars only:
°`:"'>c~ ~i~y l.~a:; ~p~lrcrs:~~k az te~ttz~t~r~ sut~Cllvi.~ic>:~ r~:~,
~-zo~e for 1~+ ~i~x~;la ~~mi2y lc-C~, <~~ tE~ ~s~i~~
Asa ~~~c'3M.~~ irc~ ~-v~ra~e with ~ c~ari~icx~Y ~~I
BUYER(S)
~t~aT Ic w C.,~ti.lrl~'.-5 "=.t~ tlir~-
Signature- _
~~;
Signature-
°~5C
' TRU-259 7-72
are hereby
cag' t~it~ heraic~ u'~sc~i.~
Mtn :~ClS~L~"5~~~s :.FC
SELLER(S)
Signature f ~ r~~. l.' t ,2 :~' ~ t , : ,~ : a.r:
?~; . ~ ~ ~ .
Signa