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HomeMy WebLinkAboutReso 1972-6668RESOLUTION NO. 6668 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AUTHORIZING THE PURCHASING AGENT TO OPEN AN ESCROW FOR THE ACQUISITION OF THAT CERTAIN PROPERTY TO BE KNOT~VN AS OTAY PARK ON ALBANY STREET IN THE CITY OF CHULA VISTA, AND DIRECTING THE DIRECTOR OF FINANCE OF THE CITY OF CHULA VISTA TO PREPARE NECESSARY WARRANTS TO COVER THE COST OF SAID ACQUISITION The City Council of the City of Chula Vista does hereby resolve as follows: WHEREAS, the City Council of the City of Chula Vista has heretofore approved the acquisition of that certain property to be known as Otay Park, more particularly described as follows: A Portion of Section 23, Township 18 South Range 2 West, San Bernardino Meridian, further identified as Assessor's Parcel No. 623-230-18, 24 and WHEREAS, it has been agreed with the seller, Mr. Arellano, that said property shall be purchased for the sum of $7,000.00, and WHEREAS, it is agreed that the City will assume all costs of the transaction including escrow fees, title policy and any unpaid taxes subsequent to July 1, 1972, and WHEREAS, the City Council has heretofore appropriated monies in the PR-8-70 Capital Improvement Fund - Otay Park Site Acquisition. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista that the Purchasing Agent be, and he is hereby authorized and directed to open an escrow for the acquisition of said Otay Park site by the City of Chula Vista, and deposit therein the agreed upon purchase price of $70,000.00 in the form of a warrant issued by the City of Chula Vista. BE IT FURTHER RESOLVED that the Director of Finance be, and he is hereby authorized and directed to prepare a warrant in the amount of $70,000.00 to be deposited in said escrow. BE IT FURTHER RESOLVED that the sum of $500.00 be, and the same is hereby authorized to be expended from said account of PR-8-70 Capital Improvement Fund - Otay Park Site Acquisition, to cover all costs of transfer of said property including escrow costs, costs of title policy and any unpaid taxes from and after July 1, 1972. Presented by Approved as to form by ~ ~1' ,~ es Espin s{a Purchasing Agent George D. indberg, City Attorne -. ADOP`PED AND APPROVED I3" T?IE CITY COliNCIL OF TGiE CITY OF CHULA VISTA, CALIFOR~JIA, this 21st d~Y of November , 1° 72 , by the fo l lotaing vote , to-w~ t AYES: Cou;tc~.~m~.;1 Scott, Hobel, Hamilton, Hyde, Egdahl NAYES : Cauvt.~~.k'men ABSENT: Caurtcti~mevt None None ~~~._~ . aya~ ~~ xhe tiny a~ hu~~~.t~ ~, _ .~- ATTEST ~ ~ • -, .,% - Depu~y Cti~y 'C.2en.Fz STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) ss CITY OF CHULA VISTA ) I, PAMCLA A. HANNA, De~u~y C~~y C~en.Fz a~ the C~.~y o~ Chu.~a V.~~,~a, Ca.~~,~an.n~.a, DV H~R~By C~RTI~y ~ha~ the abave and ~an.egating ~.~ a su.~.~, -tn.ue and can.nec~ cagy o~ Resolution No. 6668 -" and ~ha.t zhe dame hay nax been amended on n.epea2ed. ~ATFD: e~u~ty C.c~ty Caen. ~----~