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Home My WebLink About5398 RESOLUTION NO. 5398 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA AGREEING TO SELL PROPERTY FOR $825,660 TO THE ARCADIA REDEVELOPMENT AGENCY FOR PURPOSES OF REDEVELOPMENT WHEREAS, On November 17, 1988, the City Council and the Arcadia Redevelopment Agency authorized the sale of land to Emkay Development Company, Inc. pursuant to the Disposition and Development Agreement (DDA); and WHEREAS, the DDA obligates the Redevelopment Agency to secure certain City-owned properties (45,870 square feet) located within the Northside Project Site as generally depicted in Exhibit 1 and Exhibit 2 and to transfer said property to Emkay Development Company, Inc.; and WHEREAS, the City of Arcadia hold title to the above referenced land; and WHEREAS, the City of Arcadia has determined said land to be surplus property; and WHEREAS, the Redevelopment Agency has had similar land in the immediate area appraised to determine its fair market value; and WHEREAS, the City has reviewed the appraisals and has found that they do reflect the fair market value of this land; and WHEREAS, the City desires to have the Northside (Emkay). project developed in a timely manner as per the DDA between the / 5398 .. . ., .. - - ~. Redevelopment Agency and Emkay Development Company, Inc. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. That the City agrees to sell to the Arcadia Redevelopment Agency the,City-owned property described in Exhibits 1 and 2 in exchange for $825,660 in cash. SECTION 2. That the City Manager of his authorized designee is directed to execute all the necessary documents to finalize the above transactions, subject to the approval of same as to form by the City Attorney. SECTION 3. That the City Clerk shall certify to the adoption of this Resolution. Passed, approved and adopted this 19th day of January, 1988. ~r~ Mayor of the City of Arcadia ~~L~ City Clerk of the City of Arcadia -2- Resolution #5398 STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) CITY OF ARCADIA ) I, CHRIS'I'INE VAN MAANEN, City Clerk of the Ci ty of Arcadia, hereby certify that the foregoing Resolution No. 5398 was passed and adopted by the City Council of the City of Arcadia, sign by the Mayor and attested to by the City Clerk at a regular meeting of said Counci.l held on the 19th day of January, 1988, and that said Resolution. was adopted by the following vote, to wit: AYES: Councilmember Harbicht, Lojeski, Young and Gilb NOES: None ABSENT: Councilmember Chandler ~ of Arcadia -3- Resolution 115398 ..:'{ -I ~ ., - . ~ ,..a. .~ I "'G...J'iI' 1..11N.1,,",'''~ I,... ~~:N 0.= ..1 u ooi I =r'l -- -~-- . -~. . :'-~--~j j- "-'-2 O"g I --.=-. S". i . ~.., " .... .-- ,J ..... "IP&. Property 1 "~ . s . ....f, I (Jwt..)....... . I. I' I, h fll.C~ ,., :. t. ':I;t\ "i ! 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I ::.: I -''lrrJ r - DISPOSITION MAP SCALE 1. : 'lLJO' Properties to be sold by City to the Arcadia Redevelopment of Arcadia Agency ~ NOATH 2xhibit 1 .~3q9 ..., '.' , ~ / LEGAL DESCRIPTIONS: CITY OF ARCADIA CONVEYANCE TO ARCADIA REDEVELOPMENT AGENCY Property 1: THAT PORTION OF LOT 6 IN BLOCK 84 OF THE SANTA ANITA TRACT, IN THE CITY OF ARCADIA, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS SHOWN ON MAP RECORDED IN BOOK 34, PAGES 41 AND 42 OF MISCELLANEOUS RECORDS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE SOUTHERLY LINE OF SAID LOT 6 AND THE EASTERLY LINE OF LOT 28 OF TRACT NO. 6860 AS SHOWN ON MAP RECORDED IN BOOK 78, PAGE 75 OF MAPS, IN THE OFFICE OF SAID RECORDER; THENCE NORTHERLY 92.6 FEET ALONG THE NORTHERLY PROLONGATION OF THE EASTERLY LINE OF SAID LOT 28 TO THE BEGINNING OF A TANGENT CURVE, CONCAVE SOUTHWESTERLY AND HAVING A RADIUS OF l5 FEET; SAID CURVE ALSO BEING TANGENT AT ITS WESTERLY TERMINUS TO A LINE THAT IS PARALLEL WITH AND DISTANT SOUTHERLY 10 FEET FROM THE SOUTHERLY LLNE OF THE RIGHT-OF-WAY OF THE SOUTHERN PACIFIC RAILROAD COMPANY, AS DESCRIBED IN DEED FROM H. A. UNRUH TO THE SAN GABRIEL VALLEY RAPID TRANSIT TRAILWAY, RECORDED IN BOOK 423, PAGE 269 OF DEEDS, RECORDS OF SAID COUNTY; THENCE WESTERLY 23.56 FEET ALONG SAID CURVE TO SAID PARALLEL LINE; THENCE EASTERLY ALONG SAID SOUTHERLY LINE 90.00 FEET TO A POINT OF CUSP WITH A TANGENT CURVE, CONCAVE SOUTHEASTERLY HAVING A RADIUS OF 15 FEET, AND A. LENGTH OF 23.56 FEET; SAID CURVE ALSO BEING TANGENT AT ITS SOUTHERLY TERMINUS TO THE NORTHERLY PROLONGATION OF THE WESTERLY LINE OF LOT 27 OF SAID TRACT 6860; THENCE WESTERLY ALONG SAID CURVE TO SAID POINT OF TANGENCY; THENCE SOUTHERLY ALONG SAID NORTHERLY PROLONGATION 92.5 FEET TO THE SOUTHERLY LINE OF AFORESAID LOT 6; THENCE WESTERLY ALONG SAID SOUTHERLY LINE 60 FEET TO THE POINT OF BEGINNING. THAT PORTION OF 3RD AVENUE, SHOWN IN TRACT 6860, IN THE CITY OF ARCADIA, COUNTY OF LOS ANGELES, AS PER MAP RECORDED IN BOOK 78, PAGE 75. OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, THAT WOULD PASS WITH THE LEGAL CONVEYANCE OF SAID LAND SHOWN ABOVE. sxhibit 2 ~:<q ? -, Property 2: LOT 27 OF TRACT NO. 6860, IN THE CITY OF ARCADIA, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 78 PAGE 75 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. THAT PORTION OF 3RD AVENUE, SHOWN IN TRACT 6860, IN THE CITY OF ARCADIA, COUNTY OF LOS ANGELES, AS PER MAP RECORDED IN BOOK 78, PAGE 75 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, THAT WOULD PASS WITH THE LEGAL CONVEYANCE OF SAID LAND SHOWN ABOVE. 5~9 . "'(- .t " . ... Property 3: THOSE PORTIONS OF LOTS 3 AND 5, BLOCK 84, OF THE SANTA ANITA TRACT, IN THE CITY OF ARCADIA, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 34 PAGES 41 AND 42, MISCELLANEOUS RECORDS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, BOUNDED BY THE FOLLOWING DESCRIBED LINE: COMMENCING AT A POINT IN THE CENTER LINE OF THAT PORTION OF HUNTINGTON DRIVE, 100 FEET WIDE, EXTENDING EASTERLY FROM FIFTH AVENUE, 60 FEET WIDE, AS SHOWN ON SAID MAP, SAID POINT BEING DISTANT SOUTH 89 DEGREES 58 MINUTES 46 SECONDS EAST 31.30 FEET, MEASURED ALONG SAID CENTER LINE FROM THE CENTER LINE OF SAID FIFTH AVENUE, THENCE NORTH 45 DEGREES 23 MINUTES 51 SECONDS WEST 274.17 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE NORTHEASTERLY, HAVING A RADIUS OF 4000.00 FEET: THENCE NORTHWESTERLY ALONG SAID CURVE TO A POINT IN THE EASTERLY PROLONGATION or THE NORTHERLY LINE OF THE LAND DESCRIBED AS PARCEL 1 IN THE DEED TO THE CADWALLADER PACIFIC CO., RECORDED AS INSTRUMENT NO. 1541 ON AUGUST 22, 1951 IN BOOK 37048 PAGE 318, OFFICIAL RECORDS OF SAID COUNTY, SAID POINT BEING THE TRUE POINT OF BEGINNING; THENCE CONTINUING NORTHWESTERLY ALONG SAID CURVE TO POINT OF TANGENCY WITH A LINE BEARING NORTH 35 DEGREES 05 MINUTES 12 SECONDS WEST: ~HENCE ALONG SAID LINE NORTH 35 DEGREES 05 MINUTES 12 SECONDS WEST TO THE SOUTHERLY LINE OF THE 40-FOOT STRIP OF LAND CONVEYED TO THE SAN GABRIEL VALLEY RAPID TRANSIT RAILROAD COMPANY BY DEED RECORDED IN BOOK 423 PAGE 269 OF DEEDS, RECORDS OF SAID COUNTY: THENCE WESTERLY ALONG SAID SOUTHERLY LINE TO THE NORTHERLY PROLONGATION OF THE EASTERLY LINE OF TRACT NO. 6860, AS PER MAP RECORDED IN BOOK 78 PAGE 75 OF MAPS, RECORDS OF SAID COUNTY: THENCE SOUTHERLY ALONG SAID PROLONGATION AND ALONG SAID EASTERLY LINE TO THE NORTHWEST CORNER OF THE LAND DESCRIBED AS PARCEL 1 IN SAID DEED TO CADWALLADER PACIFIC CO.: THENCE EASTERLY ALONG THE NORTHERLY LINE OF SAID PARCEL 1 AND THE EASTERLY PROLONGATION OF SAID NORTHERLY LINE TO THE TRUE POINT OF BEGINNING. EXCEPT THE NOR~HEASTERLY 48 FEET OF SAID LAND. ALSO EXCEPT THAT PORTION OF SAID LAND LYING SOUTHERLY OF THE EASTERLY PROLONGATION or THE NORTHERLY OF LOT 24 OF SAID TRACT NO: 6860. ..(AS SHOWN WITHIN PARCEL 1 OF TENTATIVE PARCEL MAP.) THOSE PORTIONS OF LOTS 3, 4, AND 5, IN BLOCK 84 OF THE SANTA ANITA TRACT, IN THE CITY OF ARCADIA, IN THE COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 34 PAGES 41 AND 42 OF MISCELLANEOUS RECORDS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS A WHOLE AS FOLLOWS: BEGINNING AT THE INTERSECTION OF NORTHERLY LINE OF HUNTINGTON DRIVE, 100 FEET WIDE (SHOWN AS FALLING LEAF AVENUE. 60 FEET WIDE, ON SAID MAP,) WITH THE NORTHEASTERLY LINE OF THE LAND DESCRIBED IN DEED TO BEN ZERELL, ET AL., RECORDED IN BOOK 52030 PAGE 20 OF OFFICIAL RECORDS, IN SAID OFFICE OF THE COUNTY RECORDER; THENCE ALONG SAID NORTHEASTERLY LINE, NORTH 43 DEGREES 48 MINUTES 47 SECONDS WEST 207.87 FEET TO THE MOST EASTERLY CORNER OF THE LAND 5399 -.~ . L-~ ~ . - .., - ~. Property 3 (Cont.) DESCRIBED IN DEED TO ROBERT E. MOSER, ET UX., RECORDED IN BOOK 53336 PAGE 241 OF SAID OFFICIAL ~ECORDS; THENCE ALONG THE NORTHEASTERLY LINE OF SAID OFFICIAL RECORDS; THENCE ALONG THE NORTHEASTERLY LINE OF SAID OFFICIAL RECORDS; THENCE ALONG THE NORTHEASTERLY LINE OF SAID LAND OF MOSER, ET UX., NORTH 50 DEGREES 48 MINUTES 27 SECONDS WEST 193.92 FEET TO THE EASTERLY LINE OF THE LAND DESCRIBED IN PARCEL 2 OF DEED TO CADWALLADER PACIFIC COMPANY RECORDED IN BOOK 37048 PAGE 318 OF SAID OFFICIAL RECORDS; THENCE ALONG SAID EASTERLY LINE, NORTH 0 DEGREES 02 MINUTES 00 SECONDS EAST 38.20 FEET TO THE NORTHEASTERLY LINE OF THE LAND DESCRIBED IN SAID PARCEL 2; THENCE ALONG SAID MENTIONED NORTHEASTERLY LINE NORTH 43 DEGREES 04 MINUTES 01 SECONDS WEST 122.16 FEET TO THE NORTHERLY LINE OF THE LAND DESCRIBED IN SAID PARCEL 2; THENCE ALONG THE EASTERLY PROLONGATION OF .SAID LAST MENTIONED NORTHERLY LINE, EAST 32.07 FEET TO A POINT IN THAT CERTAIN CURVE IN THE NORTHEASTERLY LINE OF THE LAND DESCR!BED IN PARCEL 1 OF THE DEED TO CADWALLADER PACIFIC COMPANY RECORDED IN BOOK 43995 PAGE 166 OF SAID OFFICIAL RECORDS, SAID CURVE BEING CONCAVE NORTHEASTERLY HAVING A RADIUS OF 4048 FEET, A RADIAL LINE OF SAID CURVE TO SAID ?OINT BEARS SOUTH 50 DEGREES II MINUTES 56 SECONDS WEST THENCE NORTHWESTERLY ALONG SAID LAST MENTIONED NORTHEASTERLY LINE NORTH 35 DEGREES 05 MINUTES 12 SECONDS WEST 57.10 FEET TO THE SOUTHWESTERLY LINE OF THE LAND DESCRIBED SECONDLY IN PARCEL NO. 12 IN THE FINAL ORDER OF CONDEMNATION ENTERED IN SUPERIOR COURT, LOS ANGELES COUNTY, CASE NO. 717171, A CERTIFIED COPY OF WHICH WAS RECORDED IN BOOK 0-1808 PAGE 90l OF SAID OFFICIAL RECORDS; THENCE ALONG SAID SOUTHWESTERLY LINE SOUTH 63 DEGREES 32 MINUTES 11 SECONDS EAST 24.76 FEET TO A POINT IN THE SOUTHWESTERLY LINE OF THAT CERTAIN STRIP OF LAND 100 FEET WIDE, DESCRIBED FIRST IN SAID PARCEL 12: THENCE SOUTHEASTERLY ALONG SAID LAST MENTIONED WESTERLY LINE TO A POINT THAT IS 93.90 FEET NORTHWESTERLY (ALONG LAST MENTIONED SOUTHWESTERLY LINE) FROM SAID NORTHERLY LINE OF HUNTINGTON DRIVE, 100 FEET WIDE; THENCE SOUTHEASTERLY IN A DIRECT LINE TO A POINT IN SAID LAST MENTIONED NORTHERLy LINE, DISTANT EASTERLY THEREON l3.70 FEET FROM SAID SOUTHWESTERLY LINE OF THE LAND DESCRIBED IN SAID HEREINABOVE MENTIONED PARCEL 12; THENCE WESTERLY ALONG SAID NORTHERLY LINE OF HUNTINGTON DRIVE 49.13 FEET, MORE OR LESS, TO THE POINT OF BEGINNING. EXCEPT THAT PORTION OF SAID LAND LYING SOUTHERLY OF THE EASTERLY PROLONGATION OF THE NORTHERLY LINE OF LOT 24 OF TRACT 6820, AS PER MAP RECORDED IN BOOK 78 PAGE 75 OF MAPS, RECORDS OF SAID COUNTY. (AS SHOWN WITHIN PARCEL 1 OF TENTATIVE PARCEL MAP.) !)69~