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HomeMy WebLinkAboutReso 1985-11939 Revised 2/15/85- RESOLUTION NO. 11939 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROPRIATING $1000 FROM THE CITY'S GENERAL FUND AND APPROVING LETTER OF CONTRACT WITH GERALD KIBBEY & ASSOCIATES FOR APPRAISAL SERVICES The City Council of the City of Chula Vista does hereby resolve as follows: WHEREAS, while widening Telegraph Canyon Road in 1977, the City acquired an approximate 1+ acre of land, and several potential users have inquired as to possible lease or purchase of the site, and WHEREAS, in addition, Ratner Development Company has requested that the City sell them a small triangular piece of property adjacent to Marina Gateway Business Park, and WHEREAS, at this time, an appraisal of the sites is in order and upon completion of the valuation, a Request for Proposal will be prepared for Council review prior to solicitation of bids from potential users, and WHEREAS, notice was given to four real estate appraisers that the City was accepting informal bids for appraisal of two City-owned properties, and WHEREAS, Gerald Kibbey & Associates' bid was the lowest and contained the shortest preparation time, and WHEREAS, since Mr. Kibbey has prepared appraisals for the City in the past and we have been pleased with his work, staff has recommended approving a Letter of Contract with Gerald Kibbey & Associates for appraisal services. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista does hereby approve that certain Letter of Contract with Gerald Kibbey & Associates for appraisal services, a copy of which is attached hereto and incorporated herein by reference as if set forth in full. BE IT FURTHER RESOLVED that the City Council does hereby appropriate $1000 from the unappropriated balance of the General Fund to be transferred to Account No. 100-0260-5201 for said services. of Approved as to form by /~ Q:?:~~~ Attorney ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF CHULA VISTA, CALIFORNIA, this 19th 19 85 ,by the following vote, to_it: day of February - AYES: Councilmen Malcolm, McCandliss, Scott, Moore, Cox NAYES; Councilmen None ABSTAIN: Councilmen None ABSENT: Councilmen None l Mayo ATTEST ..~~. ?~l,~k7/ (/ City lerk "fll~ . , Chula Vista STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) s s. CITY OF CHULA VISTA ) I, JENNIE M. FULASZ, CMC, CITY CLERK of the City of Chula Vista, California, DO HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 11939 ,and that the same has not been amended or repealed. DATED ( seal) City Clerk CC-660 / , The City of Chula Vista -, "'.l~4!,';'m~';;:"i" 't,,';m1}J+j..'1'(iP:';;'~,r" 't;.~"o;t'i~"?tr, Community Development Department 691- 5047 (-...."" February 1985 Gerald S. Kibbey & Associates, Inc. 1471 Morena Boulevard San Diego, CA 92110 SUBJECT: LETTER OF CONTRACT Dear Mr. Kibbey: This letter is notification of the City of Chula Vista's acceptance of your bid to appraise two City-owned properties. The sites and specifications for the subject appraisals are: SITE #1 Approximately 1 acre of land, depicted on attachment "A", located at the southeast corner of "J" Street and Bay Boulevard in the City of Chula Vista. SITE #2 Approximately 1 acre of land, depicted on attachment "B", located on the north side of Telegraph Canyon Road east of the Christian Alliance Church which is east of Paseo del Rey. SCOPE OF HORK Prepare appraisal of property value for sale and/or rental to include suggested rate of return for both properties. TIME AND COST Appraiser agrees to submit final reports to Community Development Director no later than March 25, 1985. Redevelopment Agency agrees to pay appraiser $1,000 for each report ($2,000 total) upon receipt of said reports. Gerald S. Kibbey, Appraiser ~Il. Paul G. Desrochers, ommunity Development Director Date: Date: PGD: PRB: rd Enclosures 276 Fourth Amlue ChuJa Vista ,California 92mO E X H 1 BIT 3 , :;..-\-,,- \~, 10 '!z ',,- \", \~ \~ \l f :d~~; "1;:;';',\ ~,;:\\, "'.~"., l,-\:'",;/-, ?",,$.;'. ,',' """ ", " ",..)~::.~ ""';~.,',' ~r~;~ "Jij~ ~ -'" (Ii' ""i .€. ._.cu 0....,., ~ ~ \ \ 3- . 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