HomeMy WebLinkAboutReso 1999-19614 RESOLUTION NO. 19614
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA AUTHORIZING THE EXECUTION OF A
PURCHASE AND SALE AGREEMENT WITH SECURITY
TRUST COMPANY FOR ACQUISITION OF PROPERTY
LOCATED AT 428 "F" STREET FOR CITY OFFICE SPACE
PURPOSES; APPROPRIATING $1,145,000 FROM THE
AVAILABLE FUND BALANCE IN THE ClVIC CENTER
COMPONENT OF THE PUBLIC FACILITIES D1F TO THE CIVIC
CENTER EXPANSION PROJECT (GG-139) TO ACQUIRE THE
PROPERTY AND MAKE INTERIOR BUILDING
MODIFICATIONS; APPROPRIATING $13,400 FROM THE
AVAILABLE FUND BALANCE IN THE GENERAL FUND FOR
UTILITIES AND JANITOR1AL SERVICES; AND AMENDING
THE FISCAL YEAR 1999-2000 BUDGET TO REFLECT THESE
APPROPRIATION
WHEREAS, on January 15, 1991, the Chula Vista City Council adopted Ordinance No. 2432
relating to a development impact fee to pay for various public facilities within the City of Chula
Vista's general plan area boundary; and
WHEREAS, Civic Center Expansion is a component of the public facility cost share
referenced in this ordinance; and
WHEREAS, a Purchase and Sale Agreement has been negotiated with the Security Trust
Company to purchase the Mercy Health Center site at 428 "F" Street for $1,054,800; and
WHEREAS, the proposed purchase price was negotiated based upon an appraisal, the high
quality condition of the property, and other market factors, and therefore represents fair value for the
property; and
WHEREAS, the site includes 44,370 sq. ft. of land, a 6, 175 sq. ft. medical office building and
89 parking spaces; and
WHEREAS, the City's purchase of the Mercy ttealth Center building located at 428 "F"
Street addresses current space needs for City staff and is therefore in the public interest; and
WHEREAS, modifications to the Mercy Health Center building are necessary to convert it
to office space; and
WHEREAS, on June 29, 1999, Council adopted the City's fiscal year 1999-2000 budget,
which did not include funding for these modifications.
NOW, THEREFORE, BE IT RESOLVED, in consideration of the above recitals and
-- findings, the City Council of the City of Chola Vista does hereby: 1) approve and authorize the
Mayor to execute a Purchase and Sale Agreement with Security Trust company for acquisition of
Resolution 19614
Page 2
property located at 428 "F" Street, a copy of which is on file in the office of the City Clerk; 2)
appropriate $1,145,000 from the available fund balance in the Civic Center component of the Public
Facilities DIF to the Civic Center Expansion Project (GG- 139) to acquire the property, $79,300 from
the available fund balance in the Public Facilities Development Impact Fee Fund for modifications to
the Mercy Health Center building, and $13,400 from the available t~nd balance in the General Fund
for utilities and janitorial services for the remainder of this fiscal year; and 3) amend the fiscal year
1999-2000 budget to reflect these appropriations.
Presented by Approved as to form by
Chris Salomone Jph~, . Kaheny
Community Development Director ' y
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 21~t day of September, 1999, by the tbllowing vote:
AYES: Councilmembers: Davis, Moot, Padilia, Salas and Horton
NAYS: Councilmembers: None
ABSENT: Councilmembers: None
Shir~ayorJ~ ~
ATTEST:
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Susan Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing
Resolution No. 19614 was duly passed, approve& and adopted by the City Council at a regular
meeting of the Chula Vista City Council held on the 21~t day of September, 1999.
Executed this 21~' day of September, 1999.