HomeMy WebLinkAboutReso 1983-11472
RESOLUTION NO. 11472
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA ACCEPTING OFFER OF SALE OF CITY-OWNED PROPERTY
TO FINANCIAL SCENE
The City Council. of the City of Chula Vista does hereby
resolve as follows:
WHEREAS, the City has previously entered into an
agreement whereby Watt Industries granted two lots to the City of
Chula Vista in its Hidden Vista Village Subdivision in return for
relocation of a fire station site, and
WHEREAS, as part of this, the City retained the option
to either allow Watt Industries to broker the sale of the lot and
give the proceeds to the City or have Watt Industries construct
single family homes on the two building sites on the lot and allow
the City to keep the profit from the sale of the homes over the
construction cost, and
WHERES, the successor to Watt Industries, Financial
Scene, Inc., has offered the City $35,000 per building site and
has submitted data showing that this offer is reasonable, and
WHEREAS, the City Council has waived the bidding
procedures under Chula Vista Municipal Code Section 2.56.170 B.4
because it is in the City's best interest to sell these lots to
Financial Scene in order to insure compatible development.
NOW, THEREFORE, BE IT RESOLVED that the City Council of
the City of Chula Vista does hereby accept the offer of sale of
City-owned Lot 319 from Financial Scene for $70,000 for
development along with adjacent property.
Presented by
"; ~'
,
Approved as to form by
(~:n:-~
"-.A(ttorney
~ hn P. Lippitt, City
ngineer
ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
CHULA VISTA, CALIFORNIA, this
19 83 , by the following vote, to-wit:
22nd
day of
November
AYES:
NAYES;
ABSTAIN:
ABSENT:
Councilmen
Cox, Moore, McCandliss, Scott, Malcolm
Councilmen
None
Councilmen
None
Councilmen
None
LR.~
Mayo()of Oe City of Chula Vista
AtTEST W/JrJ2;D ~ r;i7~
(/ ~ City lerk
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,
above and foregoing is a full, true and correct copy of
,and that the same has not been amended or repealed.
. DO HEREBY CERTIFY that the
RESOLUTION NO. 11472
DATED
City Clerk
( seal)
.CC-660