HomeMy WebLinkAboutReso 1941-596 Resolution No. 596 : - - - - - - -- -
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_- • ZESOII7TION N0. 596 � � -
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• �LFt;SL^iG ECiiI, �??OP�'�PY ='ROM OPPZOhT
�F,PS, Senta Fe Iend 7�oroveneat Co�ax�y,, a corporation, did
on or about the l��' dey oY �>:.��, , 1940, eaecute and deliver to tLe City
� oY Chula Vista, a raunicinal corporation, a.certain o�tioa to purchase the follorr-
ing described real property:
PARG�I. A: = All that portion oY the East hs1P of I.ot laioi�m�as
ouarter .section 171, no-�: oe�ved by tue undersigned Santa Fe
Le.d. Imnrovement Com�any, lying southerly of tne nresent
nroperty of R. Tyee and z•resterly of a line 170 �eet distant
from and_parallel vrith the easterly line of said quarter se�
tion 171.
' '„ . ' ' � S�bject� to all streets, Mghts of rr�y and easementa
of record, a total of thirty-three acres, more or less,
. `P_4�C�. B: � All,the�property now ovrned by the Ssnta Fe Lend
" Iaurovemffit Company in the nortneast ouarter of Lot knorm as
, quarter section 190, lying fvesterly of a line diataat 170
Yeet r;esterly oY and garallel to the easterly line of said
, Lot 170; ; . . �
- � ' Subject to all dedicated' streets, easements and righta
� �- of, sray oY record, a total oY 13.5 acres, more or less; • md
,; � � .
i�, heretoYore:said City of Chula Vista has released from said
ovtion to nurccase certain nort`ions of tue land therein.described amounti.� in
all to approaie�ately tr;enty (20) acres; and
' :4�i�.�, -the �ohr :�ircraYt Corporation, .a oorporation, purc`�ased
from the Santa �e Lend Lmorover�eat Comnany, a ebrpdratiba; said tvrenty acrea of
land and has constructed thereupon improvenents oP great velue; and
- A�+'?�<S, Rohr Airoraft Cor�oration is desirous of purchesing the
rer�aining real pro�erty covered by said ontion emouatinp, to trrenty-sia (26) acres,
sore or less; and � ' ,
FT�SS, Santa Fe Lend Iriprovenent Company is desirous of selling
to said Rohr Aircraft Cornoration said renaining acreage; and
FT� � "�, it i§ to the advantege, interest and benefit of the' City .
of Chula 4ista that the renaining portions of said nroperty subject to said option
should be released tnereYrori: . � �
NOY, `i'F+�'.�"^ORE, �' IT Ri�.SOLVED BY TN�' CI^Y COUi1CIL OF T'� CIT`i OF
CHIII..S VISTA, AS ='OISA4'iS: . '. .
� Tiie City of Chula Vista in consideration oP tLe advantages to be �
gained by said City oP Chula Vista does hereby release and eurrender its option
to purchase said remaining acreage upon the condition as follocrs: •
Said Senta Fe Iand Lnprovenent Company, a corooration, rrill on
or before 7une 15, 1941, sell and Rohr Aircraft Corporation, a carporation, crill on ar
beYore said 15th day of June, 1941, purcuase said'real property at the nurchase
price of Five Hundred Dollars (�500.00)� per acre;
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� Santa Fe Lend �provei�ent Company irill pzior to 'said 15th �d�y of ,
i 7une, 1941, eaecute and deliver ,to said Rohr Aircreft Cor�oration a �ant deed to said
real uroperty upon p�yment to� sai;d Sante Fe Land Imorovement Comoany of the 'purchase •
price thereoY, .said grant deed to contaia a restriction'and condition that the nse of '
said property •should� be restricted�to�d'ndustriel use;• thYs release shall not be biad- '
ing upon the City oY. Chula- Vista until�and unlass•said'sale hereinabove referred to
is consu�ated. � ' ' -, - - _ .
_ . The +�yor of:the City-of,Chule Yista is hereby authorized and dtrected
to esecute eny and all instruments and conveyances nacessery to �cerry the objects oY .
this resolution into eYfect. � • ' ' :
Pi,SS�, FDOP'F'9 AI�� APPR00ID SY T�-CI'S'1' CQIII�CII. 0'r' TFS; CITY OF
CLUL.S'VIST�, Cl;LIFO?1dIP, ^3T_S � 14 DaY OF W,,,.t� , 1941, BY R'� r"OL?.0"rfING 9QTfi,
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' . . ' ' ;�: COLi�TCI_T�� . ��on;'Perkins, :Done, Hwie, �Dunree �"
nTO�: . C�JNCII?�7 idone• . : ' . .. .
=:BSEr?P: C�UNCIS�+�T None . ,- . , •
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?iPPROVED: - . � . � - , •
.<����_�,--,at:..�_ ' . . ' '- ' '. .
Cit'p Clerk /! " ' • • ' . "
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