HomeMy WebLinkAboutReso 2011-073RESOLUTION NO. 2011-073
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA TO ENTER INTO AN AGREEMENT WITH JJJ
& K INVESTMENTS TWO, LLC TO EXCHANGE 11.64
ACRES OF CITY OWNED LAND FOR 17.8 ACRES OF JJJ & K
LAND
WHEREAS, the City desires to acquire fee interest in a portion of JJJ & K's real property
currently identified as San Diego County Assessor's Parcel No. 644-080-10 for University
related uses or other public purposes; and
WHEREAS, JJJ & K desires to acquire fee interest in a portion of City's real property
currently identified as San Diego County Assessor's Parcel No 644-080-15 in exchange for their
above described property; and
WHEREAS, the transaction contemplated under this agreement is for the benefit of the
public and in the furtherance of the public purposes of the City.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula
Vista hereby agrees to the exchange of these two properties and authorizes the Mayor and City
Clerk to execute the Real Estate Exchange Agreement, the Grant Deed and any other necessary
documents.
Presented by
Richard .Hop s
City Engineer
Approved as to form by
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Resolution No. 2011-073
Page 2
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 3rd day of May 2011 by the following vote:
AYES: Councilmembers: Aguilar, Bensoussan, Castaneda, Ramirez and Cox
NAYS: Councilmembers: None
ABSENT: Councilmembers: None
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Cheryl Cox, M ' or
ATTEST:
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Donna R. Norris, CMC, City Clerk
STATE OF CALIFORNIA
COUNTY OF SAN DIEGO
CITY OF CHULA VISTA
I, Donna R. Norris, City Clerk of Chula Vista, California, do hereby certify that the foregoing
Resolution No. 2011-073 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 May 2011.
Executed this 3rd day of May 2011.
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Donna R. Norris, C C, City Clerk