HomeMy WebLinkAboutReso 2015-052 RESOLUTIOI�' I�O. ZO1�-0�2
RESOLliTION OF THE C[T1' COUT'CIL OF THE CITl' OF
CHULA V'ISTA .1PPR0\rII�'G THE PURCHASE OF A 0.14
ACRE COMMERCIAL PROPERTY LOCATED AT 224 THIRD
AVENtiE AND AA4ENDII�G THE FISCAL 1'EAR 2014/2015
BUDGET BY APPROPRIATIT�'G �270.000 FROA4 THE
GEI�TERAL FU1vD RESER\'ES TO THE NON-
DEPARTD4EI�'TAL DEPARTA4EI�'T CAPITAL BliDGET FOR
THE PliRCHASE PRICE AND ASSOCIATED COST
R'HERE.AS, a 0.14-acre ��acant commercial propeny ]ocated at 224 Third A��enue and
currentiv identified as San Dieeo Count�� Assessor`s Parcel No. �68-044-19 is for sale: and
R'HEREAS. said ��acant propem� is located immediatel� north of the \'ogue Theater in
the do��mto�vn Third Avenue area: and
WHEREAS, b� owmine this parcel the Citv can au�ment esisting parkine do«mto��n,
���hile keeping it available for development in a ���a�� that best senes the economic revitalization
of do��mtoti�n Third A�enue: and
1��HEREAS, the S260.000 purchase price for the propen}� constimtes fair value based
upon a revieN�of current real estare market data and compazable sales.
\'OVd. THEREFORE. BE IT RESOLVED b�� the Cit�� Council of the Cit�� of Chula
Vista, that it does hereb�� appro�=e the purchase of the abo��e described propert�� on the terms
presented. and authorizes the Cit�� Alanaeer or his desienee(s) to esecute all necessan�
documents, in forms approved b�� the Citv Attornev, and to take ali necessan� and appropriate
actions to complete the purchase consistent ���ith such terms.
BE IT FURTHER RESOLVED by the Cit�� Council of the Citv of Chula Vista, that it
appro��e amending the Fiscal Year 2014/201� Budeet bv appropriating �270,000 from the
General Fund Resen�es to the I�'on-Departmental Capital espense budget to co��er the purchase
price of 5260,000, the associated costs and the cost to dean. reseal and stripe and beautifi� the lot
for use as a parking lot.
Presented b�� Approved as to form b��
Richard A. Ho � en R. Gooeins �
Director of Publi �orks C� • � �
Resolution No. 201�-052
Paee No. 2
PASSED; APPROVED, and ADOPTED by the City Council of the Cit}� of Chula Vista;
California, this 3rd da�� of March 201� b��the following vote:
AYES: Councilmembers: Aguilar, Bensoussan, Miesen and Salas
NAYS: Councilmembers: None
ABSENT: Councilmembers: McCann
,
✓
Mar}� S s, Mayor
ATTEST:
Donna R. Norris, 1 , ity Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Donna R. Norris, Ciry Clerk of Chula Vista, California, do hereby certify that the foreeoing
Resolution No. 2015-052 was duly passed, approved, and adopted by the City Council at a
regular meeting of the Chula Vista City Council held on the 3rd day of March 2015.
Executed this 3rd day oF March 2015.
�.�� �, �, �
Donna R. Norris, CMC, City Clerk