Loading...
HomeMy WebLinkAboutAgenda Statement 1987/08/04 Item 9• COUNCIL AGENDA STATEMENT Item 9 > Meeting Date 8/4/87 ITEM TITLE: Resolution ~~~/ - Authorizing the Mayor to Execute a Quitclaim Deed from the City of Chula Vista to Baker Enterprises for a Portion of Former Industrial Boulevard Near "L" Street SUBMITTED BY: City Attorney ~~~ (4/5ths Vote: Yes No X ) This resolution would resolve a long standing property ownership dispute between Baker Enterprises and the City of Chula Vista. The City would quitclaim any interest it has in the underlying fee to Baker Enterprises in return for 60,000. RECOMMENDATION: Adopt the Resolution BOARDS/COMMISSIONS RECOMMENDATION: A subcommittee of Council composed of Councilmen Malcolm and Nader recommend the proposed settlement. •ISCUSSION: Periodically over the last ten years, the City has been involved in discussions with Baker Enterprises with regard to the ownership of a portion of former Industrial Boulevard located between Interstate 5 and "L" Street. In late 1982, the City vacated all that portion of Industrial Boulevard which was not needed for the Park and Ride facility. It was generally conceded by the parties that the 19 feet on the westerly boundary of former Industrial Boulevard was owned by Baker Enterprises. Ownership of the remaining underlying fee was disputed. The City based its claim to ownership in the remainder of the property on a Relinquishment Deed it received from the State of California. More recent information acquired by Baker Enterprises as a result of a thorough title search calls the City's claim into question. Despite this title search, the ownership of the property is still murky enough so that the Bakers have been unable to get a title insurance company to guarantee title. For that reason, Baker Enterprises entered into negotiations with the City in an attempt to avoid future litigation to quiet title. The Bakers originally offered to staff to pay 57,367.50 for a quitclaim deed from the City. • • Agenda Item No. 9 Meeting Date: 8/4/87 Page Two As a result of the efforts of the Council's subcommittee, Baker Enterprises has increased its offer to 60,000. Based on these facts and a review of the law, I recommend that we accept the offer of 60,000 and quitclaim our interest in the property to Baker Enterprises. FISCAL IMPACT: N/A 3146a =~>~~~ the City Council of Chula Vi ta, California Date~1 •