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HomeMy WebLinkAbout5648 RESOLUTION NO. 5648 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA AGREEING TO SELL THE PROPERT LOCATED AT THE SOUTHWEST CORNER OF HUNTINGT DRIVE AND SECOND AVENUE FOR $46,000 TO HE ARCADIA REDEVELOPMENT AGENCY FOR REDEVELO ENT PURPOSES WHEREAS, on March 17, 1992, the city Council "City") and the Arcadia Redevelopment Agency of land to WLA Arcon Management, Inc. pursuant to a Disposition and WHEREAS, the DDA obli a 58,131 southwest corner of Huntington Drive and Second lly represented in Exhibits "A" and "B" (Locatio Description respectively) and to transfer WLA Arcon and Arcadia Equity Management, Inc. ty currently holds title to approximately 5,203 e above referenced land (Exhibits "C" and "D", nd Legal Description respectively), ; and the City has determined said land to be surplus the City has reviewed the appraisal of the land and does reflect the fair market value of the land; 1 WHEREAS, the City has reviewed the Agency's purchase offer for the land and has found that it reflects the fair market value of the land; and WHEREAS, the City desires to have the project proposed in the DDA completed; and WHEREAS, the city has determined that due to the size, zoning and adjacent land uses it is inappropriate for the land described in Exhibits "C" and "D" to be used for parks, schools or housing purposes, but that the uses proposed in the DDA are appropriate. 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 Agency the City-owned property located at the southwest corner of Huntington Drive and Second Avenue as described in Exhibits "C" and "D" in exchange for $46,000 in cash. SECTION 2. That the City Manager or his authorized designee is authorized and directed to execute all necessary documents to finalize the above transaction subject to the approval of same as to form by the City Attorney. 2 SECTION 3. That the City Clerk shall certify to the adoption of this Resolution. Passed, approved and adopted this 17th day of March, 1992. Mayor of the city of Arcadia ATTEST: city Clerk of the City of Arcadia swc2.res 3 STATE OF CALIFORNIA COUNTY OF LOS ANGELES SS: CITY OF ARCADIA I, JUNE D. ALFORD, City Clerk of the City of Arcadia, hereby certify that the foregoing Resolution No. 5648 was passed and adopted by the City Council of the city of Arcadia, signed by the Mayor and attest:ed to by the city Clerk at a regular meeting of said Council held on the 17th day of March, 1992, and that said Resolution was adopted by the following vote, to wit: AYES: NOES: ABSENT: City Clerk of the City of Arcadia 4 fT1 )( ':T ~. l:r ~. <+ " .. ,I,.., . ::> z .., > c ~ ~ llii ~ " ~~ Il~a ..~. .~~ ~n liil'l; .. , ~ -~~ ;l~ '\ " '- ~ I liD 6CAU:: " ~ HUNTlN:T~:~Z5V ~.4 j~:RIVE ~ '1#'~S6U'~ ~~ I . ,,,' . I ~ ;l ~ ~. il \ It~' 50W \ ZH\'~ 'i ~;::;r ~"fS.:;~~ #'~ il I I ; \ \ \ I \....'\\ ':::.1 1~3.~ ;~JO~ ,4:1 ~ ~ \ I \ #I = JD\ '>~ ~t~ ~ JIJD' \ \ \ \ :\ \ \ \~lll')H: \ \ \ \ 1\ '\ '-, \ t\ l!!e\ ".Jl-"'~ . \ \ \ ,......."" ~ ~ .. 'I ~.5D nu ~40 . , _~ .N ~.. I ,1.Jt.4JI) ,I )0' #'.DlIIIJtI&'I.T/~#tK.'Z*"1 ,/ A"""'dl'"~.5M'.r.fAN",f ~. rllKn/UM-e6-M'" it, it" .sS4C>> EY ... ""'77-' A Q ~ 'II 3D' PARCEL 1 LEGAL DESCRIPTIO. The western 191 feet of the following: Those portions of Lots 19 through 25, inClusive, in Block 72 of a part of Arcadia Santa Anita Tract, in the city of Arcadia as per map recorded in Book 15, Pages 89 and 90 of Micellaneous Records and a portion of Second Avenue, 60 feet wide, as shown on said Tract, and a portion of Block 58 of part of Santa Anita Tract, in the City of Arcadia as per map recorded in Book 34, Pages 41 and 42 of Miscellaneous Records, all in the Office of the Recorder of the County of Los Angeles more particularly described as follows: Beginning at the Southeast corner of Lot 19, Block 72 of said part of Arcadia Santa Anita Tract; thence N 0"02' 14" E along the Easterly line of said Lot 19 a distance of 5.50 feet to a line which is parallel to and distant Northerly 5.50 feet measured at right angles from the Easterly prolongation of the Southerly line of said Lot 19; thence S 89"59' 12" E along said parallel line 59.65 feet to the beginning of a tangent curve concave Northwesterly having a radius of 19.50 feet; thence Northeasterly along said curve through a central angle of 81"32' 36", an arc length of 27.75 feet to the beginning of a compound curve concave Westerly having a radius ot 462.50 feet; thence Northerly along said curve through a central angle of 7043' 07" an arc length ot 62.31 feet to the beginning ot a compound curve concave Southwesterly having a radius of 14.50 feet; thence Northwesterly along said curve through a central angle of 59"46' 36", an arc length of 15.13 feet to the beginnin~ot a compound curve concave Southwesterly having a radius of 314.50 feet; thence Northwesterly along said curve through a central angle of 30057' 55", an arc length of 169.97 feet to the beginning of a reverse curve concave Northerly having a radius of 296.54 feet; thence Westerly along said curve through a central angle of 8 48' 42" an arc length of 45.61 feet to a point on a line being parallel to and distant southerly 45.00 feet measured at right angles from the centerline of Huntington Drive, 90.00 feet wide as shown on Parcel Map No. 5937 as per map filed in Book 75, page 63, of Parcel Maps, in the office of the Recorder of said County; thence N 89059' 25" W along said parallel line 214.63 feet to the Westerly line of Lot 25 in Block 72 of said part of Arcadia Santa Anita Tract; thence S 0002 '00" W along said Westerly line 145.11 feet to the Southwest corner of said Lot 25; thence S 89059' 12" E along the Southerly line ot said Lots 19, 22, 23, 24 and 25 to the True Point of Beginning. Exhibit "B" pAR-em. 2 LJ!lGAL DBSCltIftIOB Those portions of Lots 19 through 25, inclusive, in Block 72 of a part of Arcadia Santa Anita Tract, in the City of Arcadia as per map recorded in Book 15, Pages 89 and 90 of Micellaneous Records and a portion of Second Avenue, 60 feet wide, as shown on said Tract, and a portion of Block 58 of part of Santa Anita Tract, in the City of Arcadia as per map recorded in Book 34, Pages 41 and 42 of Miscellaneous Records, all in the Office of the Recorder of the county of Los Angeles more particularly described as follows: Beginning at the Southeast corner of Lot 19, Block 72 of said part of Arcadia Santa Anita Tract; thence N 0002' 14" E along the Easterly line of said Lot 19 a distance of 5.50 feet to a line which is parallel to and distant Northerly 5.50 feet measured at right angles from the Easterly prolongation of the southerly line of said Lot 19; thence S 89059' 12" E along said parallel line 59.65 feet to the beginning of a tangent curve concave Northwesterly having a radius of 19.50 feet: thence Northeasterly along said curve through a central angle of 81032' 36", an arc length of 27.75 feet to the beginning of a compound curve concave Westerly having a radius of 462.50 feet: thence Northerly along said curve through a central angle of 7043' 07" an arc length of 62.31 feet to the beginning of a compound curve concave Southwesterly having a radius of 14.50 feet: thence Northwesterly along said curve through a central angle of 59046' 36", an arc length of 15.13 feet to the beginning of a compound curve concave Southwesterly having a radius of.J14.50 feet; thence Northwesterly along said curve through a central angle of 30057' 55", an arc length of 169.97 feet to the beginning of a reverse curve concave Northerly having a radius of 296.54 feet: thence Westerly along said curve throuqh a central angle of 8 48' 42" an arc length of 45.61 feet to a point on a line being parallel to and distant Southerly 45.00 feet measured at right angles from the centerline of Huntington Drive, 90.00 feet wide as shown on Parcel Map No. 5937 as per map filed in Book 75, page 63, of Parcel Maps, in the office of the Recorder of said County: thence N 89059' 25" W along said parallel line 214.63 feet to the Westerly line of Lot 25 in Block 72 of said part, of Arcadia Santa Anita Tract: thence S 0002 '00" W along said Westerly line 145.11 feet to the Southwest corner of said Lot 25: thence S 89059' 12" E along the southerly line of said Lots 19, 22, 23, 24 and 25 to the True Point of Beginning. Except the western 191 feet of the above described property. SITE MAP' lN8~".S!n5 ~ ~.ao'/ )/0' 'l4"c 'NO ~___ _ _ (o/1C. : C:' ~i.RO;:;~~ oj; .. ',oRO Ol08&.07' .,'~ 100--.; . ,seoR,w .. -e, ~ '~oD$' 'fl~~9~t?-) er tll/ 1 ..' ;.~ 1,tf.s,OZ I ,:< ~~ ,:p If /.'. .' '":-:1' . "ph" ," <;0/1(. '.' ..f/4;~' '. ',,I':;: ..',. -. f J ..... /irt -----, City Owned Land to be Acquired by the Agency North Exhibit "e" PROPERTY DEEDED FROM THE CITY TO THE REDEVELOPMENT AGENCY (Rev 6/15/91) That portion of Block 58 of a part of Santa Anita Tract, in the City of Arcadia as per map recorded in Book 34, Pages 41 and 42 and that portion of Second Avenue, 60 feet wide, as shown on Map of a part of Arcadia Santa Anita Tract, in the City of Arcadia as per map recorded in Book 15, Pages 89 and 90 both of Miscellaneous Records in the Office of the Recorder of the County of Los Angeles more particularly described as follows: Commencing at the Southeast corner of Lot 19, Block 72 of said part of Arcadia Santa Anita Tract; thence N 0002' 14" E along the Easterly line of Lot 19, Block 72 of said Tract a distance of 5.50 feet to a line which is parallel to and distant Northerly 5.50 feet measured at right angles from the Easterly prolongation of the Southerly line of said lot 19; thence S 8~59' l2" E along said parallel line a distance of 30.00 feet to a point in the centerline of said Second Avenue, said point being the True Point of Beginning; thence continuing along said parallel line S 89059' 12" E 29.65 feet to the beginning of a tangent curve concave Northwesterly having a radius of 19.50 feet; thence Northeasterly along said curve through a central angle of 81032' 36", an arc length of 27.75 feet to the beginning of a compound curve concave Westerly having a radius of 462.50 feet; thence Northerly along said curve through a central angle of 7043' 07" an arc length of 62.31 feet to the beginning of a compound curve concave Southwesterly having a radius of 14.50 feet; thence Northwesterly along said curve through a central angle of 59046' 36", an arc length of 15.13 feet to the beginning of a compound curve concave Southwesterly having a radius of 314.50 feet; thence Northwesterly along said curve through a central angle of 9031' 19" an arc length of 52.27 feet to a point in the centerline of said Second Avenue; thence S 0002' 14" W along said centerline 114.36 feet to the True Point of Beginning. Containing 5,203 Square Feet More or Less. Exhibit "0"