HomeMy WebLinkAboutReso 1995-17926 RESOLUTION NO. 17926
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA
APPROVING THE PURCHASE OF CERTAIN PROPERTY LOCATED AT 315
FOURTH AVENUE WITHIN THE TOWN CENTRE I REDEVELOPMENT PROJECT
AREA FROM THE REDEVELOPMENT AGENCY, APPROVING A PURCHASE AND
SALES AGREEMENT WITH THE REDEVELOPMENT AGENCY, AND
AUTHORIZING THE MAYOR TO EXECUTE THE SAME
WHEREAS, the City of Chula Vista wishes to purchase a certain real property owned
by the Redevelopmerit Agency at 315 Fourth Avenue in Chula Vista, California; and
WHEREAS, the Redevelopmerit Agency wishes to sell said property to the City of
Chula Vista; and
WHEREAS, a Purchase and Sales Agreement (known as Document No. CO95-093, a
copy of which is on file in the office of the City Clerk) between the Redevelopment Agency
and the City of Chula Vista is being approved; and
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF CHULA VISTA does hereby
resolves as follows:
1. That the Mayor of the City of Chula Vista is hereby authorized and directed to
execute the Purchase and Sales Agreement with the Redevelopment Agency for the sale of
Agency property at 315 Fourth Avenue in Chula Vista.
2. That funds in the amount of $1,064,550 be appropriated from the Development
Impact Fee Fund to the Redevelopment Agency's Town Centre/Bayfront Fund and that
$110,450 be written off from Agency debt to the City.
PRESENTED BY AR VED AS T ORM B
Chris Salomone Bruce M. Boogaard
Director of Community Development City Attorney
,. r
Resolution No. 17926
Page 2
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 5th day of September, 1995, by the following vote:
AYES: Councilmembers: Alevy, Moot, Rindone, Horton
NAYES: Councilmembers: None
ABSENT: Councilmembers: Padilia
ABSTAIN: Councilmembers: None
Shirley Hort~, Mayor
ATTEST:
Beverly ~ Authelet, City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO ) ss.
CITY OF CHULA VISTA )
I, Beverly A. Authelet, City Clerk of the City of Chula Vista, California, do hereby certify that
the foregoing Resolution No. 17926 was duly passed, approved, and adopted by the City
Council at a regular meeting of the Chula Vista City Council held on the 5th day of September,
1995.
Executed this 5th day of September, 1995.
Beverly A~Auth;Iet, City Cl'erk' '