HomeMy WebLinkAboutAgenda Statement 1972/05/23 Item 15b
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;t:r~:{ C'c~rruurnl.~~.ry c~;i •T,c;c~nd<r Lf,~nr I~J,~. 1`, [3
ciltll~_,>> v-i::~~rt~ ~.;t~~~~r cOt~i~a._~.l r_, ri:~,1~~,~r_r!~r_~ ~~r~ tl~~y 2;3, 1077
_T.t.cm 7'.i_i.7c: I;~~:,,,lr.rtion - B) (',I?pr,.,vin,1 :-~c~t.tlc;u~~r1t ;1c~rcc~nicr~t - Rancho Rios
Init%~it:c~il by : city r,ttorr,c y
71t.tacl~c~c~ is a cc~p}° of l::,sc7l.tzt:ion [ ?~ Or~cii.n~rncu [ ] l~c{t.~c~emcnt [ } Pl~rL ( J
i3~~c}~:ci~°~>rmc~:
The City Counc i 1 h~~s h~~~rctofore authori;_ed a cerr.promi se settlement
ac~rec:~r;:~nt an nc,~: construct iori t:~xcs p~~id on bch`rl i~ of Apol to
Ltd. and Ranci~~c, iios Developments.
Caunc,i 1 ~.nreed that, based upon the evidence in th,_se t~•ro par-
tic:ul~>r c~~ses, and 1 incited to said cases, it would be reasonable
and cr,u i tabl e to accept a 5U`~ p~:yment f,er unit for a sum of
$110 {;~'r unit as a cornprorris~ settlem<:nt, provided, further,
that in the case of Rancl~,o f,ios, that the payment for the
first. >0 unite, for which building permits have previously
been issued, could be paid within one year of the date of
issuance of said permits.
The <<greements will be incorporated into the judctment signed
by the Presidir,c Judge of tf,e Superior Court.
Scae F~1:IBITS [x ] i~1o. 1
Financial NSA
Stat,er~~~nt
Comi<<i~sion-r3oard Pl/a
I:ecornmcnc3ation
Dep~nrtnt`nt Ile ad
Fecoulntc~ndat;?_on
City Alanac~er
Recc~nuucncl~tt~_c~n
Approval of Resolution
Concur
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