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HomeMy WebLinkAbout4061 " RESOLUTION NO. 4061 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA AUTHORIZING PURCHASE OF CERTAIN PROPERTY TO BE USED FOR PUBLIC PURPOSES. WHEREAS, the Division of Highways of the State of California has offered to sell to the City of Arcadia the herein- after described real property; and WHEREAS, the City of Arcadia wishes to purchase said property for use for public purposes, NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ARCADIA RESOLVES AS FOLLOWS: 1, That the City shall acquire the hereinafter described real property from the State of California by purchase for the sum of $83,363.00, and on the terms set forth in a letter from the Division of Highways of the State of California dated March 25, 1969, a copy of which is attached hereto and made a part hereo~; that said property is being acquired for use for public purpose's and the Mayor is authorized to execute all documents necessary for transfer of the property, including the attached letter. That the description of said real property is set forth in said letter. I HEREBY CERTIFY that the foregoing Resolution was adopted at a regular meeting of the City Council of the City of Arcadia held on the 1st day of April , 1969, by the affirmative vote of at least three Councilmen, to wit: NOES: Councilmen Arth, Butterworth, Considine, Helms and Hage None AYES: ABSENT: None SIGNED AND APPROVED this , 1969, ATTEST: cadia -1- 4061 ,..r '$TArE OF CALIFORNIA-TRANSPORTATION AGENCY DEPARTMENT Of PU8l1C WORKS DIVISION OF HIGHWAYS DISTRICT 7, P. O. BOX 2304, LOS ANGELES 900'. RONALD REAGAN. Gonrner March 25, 1969 ~ ~ CITY OF ARCADIA T-LA-210-31.9 Parcel Nos. B2104 U-l, B2105, B2106 and B2107 Parcel Nos. B208y, B2088, B2089, B2090, B2091 and B2092 MAR Z 7 '19S9 em', MANAGER City of Arcadia 240 West Huntington Drive P. O. Box 60 Arcadia, California 91006 Attention: Mr. L. H. Cozad City Manager Gentlemen: Pursuant to a telephone conversation between Mr. L. H. Cozad and Mr. C. J. Barkley of this Department, this letter will super- sede our letter dated March 7, 1969. The two parcels are the subject of your City Council Intention to Purchase Resolution No. 4046, which was approved December 3, 1968. The subject parcels have been appraised as follows: Parcel Nos. B2104 U-l, B2105 through B2107 inclusive TOTAL $11,363.00 ,$72,000.00 $83,363.00 Parcel Nos. B2087 through B2092 inclusive The parcels are available for direct purchase by the City at the above-stated appraised value. Please note that the City Council Resolution authorizing purchase of these excess parcels must state that the land and improvements are being acquired for public use. ~1e follOWing portion of this letter, when the duplicate copy is signed and returned by you together with the City Council Resolutton authorizing purchase, will constitute the Agreeme~t to purchase. CITY OF ARCADIA, a municipal corporation, offers to purchase the subject parcels, for the above-stated amount to be paid on July 15, 1969. In the event the California Highway Commission fails to approve this sale, all monies heretofore paid by the purchaser will be re- funded to the City without interest thereon. CoPY DILl/- Y , ~ " < " City of Arcadia ~ -2- March 25, 1969 Please indicate how title is to be vested: CITY OF ARCADIA, a municipal corporation (unless otherwise instructed). . , It is expressly understood by the purchaser that the right, title and interest in the properties to be transferred by this sale shall not exceed that vested in the state of California and that no Policy of Title Insurance will be furnished or escrow fees paid by the state of California in this transaction. It is expressly agreed by the purchaser that the state of Cali- fornia shall reserve unto itself all additional reservations, including but not limited to access rights to the freeway or highway, slope and/or drainage rights as indicated on the enclosed map. It is further expressly agreed by the purChaser that all sub- surface oil and mineral rights will be reserved to the state of California without, however, any right of surface entry. The CITY OF ARCADIA agrees to the above terms and conditions of sale. Place of execution Date of execution CITY OF ARCADIA, a municipal corporation By The terms and conditions of the above offer are hereby approved subject to the approval of the California Highway Commission. ~\' CI - --. I to" /1 , 2 _._c.... '0>, "-"~Ll,.,l.l. _ --'--'- For Division of' Highways D. CADIZ Right of Way Agent Excess Land Sales DC:mk Enclosures