HomeMy WebLinkAboutReso 1974-7428
RESOLUTION NO. 7428
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA ACCEPTING BID FOR THE SALE OF CITY-OWNED PRO-
PERTY AND AUTHORIZING THE EXECUTION OF THE PURCHASE
AGREEMENT
The City Council of the City of Chula Vista does hereby
resolve as follows:
WHEREAS, the City Council on May 14, 1974 authorized the
Purchasing Agent to secure bids for the sale of City-owned vacant
land, being two parcels located at the intersection of the exten-
sion of Palomar Street and Oleander Avenue, and
WHEREAS, notice of sale of said parcels was printed
twice in the Chula Vista Star News in the form of a display ad
and ten real estate development companies in San Diego County
were mailed notices of sale, and
vlliEREAS, only one bid was received from the American
Housing Guild - San Diego for Parcell (4.35 acres) in the amount
of $45,000.00 ($10,344.83 per acre), and
WHEREAS, said bid is contingent upon the following con-
ditions:
.j r I l I I ~
1. The City Council approval of a tentative map for
eighteen (18) 7,000 S.F. building lots. If a tentative
map is approved for less lots, the total purchase to
be adjusted at the rate of $2,500 per approved lot.
PI" \ (F) '.. ~<,
2. The conditions of approval for a tentative sub-
division map being acceptable to American Housing
Guild.
NOW, THEREFORE, BE IT RESOLVED that the City Council of
the City of Chula Vista does hereby accept the bid of American
Housing Guild - San Diego, and directs the Purchasing Agent to
formulate escrow instructions in accordance with the conditions
of American Housing Guild; provided, however, that said instructions
shall clearly specify that it is understood and agreed that the
acceptability of the conditions of the tentative map by American
Housing Guild shall not allow American Housing Guild to delete or
reject those usual and normal conditions imposed upon tentative
subdivision maps as may be required by law or the character and
nature of the development.
Presented by
Approved as to form by
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~}ID Espinosa,(~urchasing Agent
erg, Clty Attorn
ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY
OF CHULA VISTA, CALIFORNIA, this
20th day of
August
1974, by the following vote, to-wit:
AYES: Councnmen
Hyde, Scott, Hobel, Hamilton
NAYES: CounciZmen
None
ABSENT: Counei Zmen
Egdahl
ABSTAIN: Counei [men
None
ATTEST
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/" City CZe /t~""
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STATE OF CALIFORNIA
COUNTY OF SAN DIEGO 88.
CITY OF CHULAVISTA
1" JENNIE Mo FULASZ" City CZeY'K. of the City of eh&.
ta" California"
DO HEREBY eERTIFYthat the above and fOY'ege,ing is a full" t:""'Ae and c:.l'1'ecn; copy of
and that "the Bct11e h:::2 no':; t%r Q}nended :.II'
repealed,
DA'I'ED:
Ci ty Cley'k
( SEAL)
CC-660
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