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HomeMy WebLinkAbout2449-A ...,..-...,........ ..........,... ......,. ...-..- . A RESOLUTION OF THE CI'IT COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, AUTHORIZING PURCHASE AND LFASE OF REAL PROPERTY IN SAID CITY. THE CITY COUNCIL OF THE CITY OF ARCADIA DOES FIND, DETERMINE AND RESOLVE AS FOLWWS: SECTION 1. That the public wel1'are, safety and convenience require the acquisition a.t this time by the City of Arcadia of the following . described real propertT in said City: Souther~ 91.20 feet of Lot 37 as measured on the west line of said lot, elf F. A. Geier Tract, as recorded in Map Book 23, page 40, in the office of the recorder of Los Angeles CountT. That the sum of i 16,600.00 is a fair and reasonable price to be paid for said propert;y and that 1;he same shall be forthwith acquired. SECTION 2. That it is necessary to acquire aforesaid real property for and when acquired said property will be used for the Easterly extension of Camino Real, a public street in the CitT of Arcadia. That the purchase price . of said property st~ll be paid out of Special Gas Tax Street Improvement Fund. SECTION 3. That said property cannot immediately be so developed; that pending such devele'pment the Mayor and Ci1;y Clerk be and they are hereby authorized and directed to execute for and on behalf of the City of Arcadia a lease of said premises to the present owners thereof upon the terms and conditions recOllllllel1ded by the Cit;y Engineer in the form prepared and approved by the City Attorney. SECTION 4. The Ci1;y Clerk shall certify to the adoptlon of this Resolution. . I HEREBY CERTIFY that the foregoing Resolution was adopted at a regular llleeting of the City Council held on the 17th day' of November 1953, by the arfiI1Dative vote of the following Councilmen, to-wit: AYFS: NOESa-: ABSENT: Councilmen Dow, Hulse, Nons Councilman Nottingham Kennett and Schmocker SIGNED AND APPROVED THIS 17th day of N ~~ City~ erk of the Ci / . ATTEST: ///ll~~~? Cit;y Clerk ,,,.,,,p :2'!Y7-A