HomeMy WebLinkAbout62-153 - Approving Purchase of Estancia Property for Park325
RESOLUTION NO. 62-153
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA
ACTING AS THE SUPERVISING AUTHORITY OF THE COSTA MESA
RECREATION AND PARK DISTRICT, APPROVING THE PURCHASE OF
PROPERTY FOR PARK AND RECREATION PURPOSES AND AUTHORIZING
THE PAYMENT THEREFORE.
WHEREAS, the City Council of the City of Costa Mesa, acting as the Super-
vising Authority of the Costa Mesa Recreation and Park District, has found and
determined that it is necessary, convenient and desirable that the Costa Mesa
Recreation and Park District acquire the hereinafter described property for
park and recreation purposes, and
WHEREAS, in lieu of condemnation, the Costa Mesa Recreation and Park
District has been able to agree with owners on the purchase of the said herein-
after described property for the sum of $20,000.00 per acre, and
WHEREAS, the City Council, acting as Supervising Authority of the Costa
Mesa Recreation and Park District, finds and determines that said price of
$20,000.00 per acre is a fair and reasonable a= to pay for said property and
is the fair market value thereof.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF COSTA MESA ACTING AS
SUPERVISING AUTHORITY OF THE COSTA MESA RECREATION AND PARK DISTRICT, DOES
HEREBY RESOLVE AND DETERMINE AS FOLLOWS:
SECTION 1. That it is necessary, convenient and desirable that the Costa
Mesa Recreation and Park District acquire the hereinafter described real pro-
perty for park and recreation purposes.
SECTION 2. That the price of $20,000.00 per acre is a fair and equitable
price and represents the fair market value of said property.
SECTION 3• That an escrow be opened immediately for the purchase of said
hereinafter described real property and that the Mayor and City Clerk be author-
ized to execute said escrow instructions for the purchase of said property at
the price of $20,000.00 per acre cash.
SECTION 4. That immediately upon the execution by the City and the owners
of the said property, the Director of Finance be and he is hereby instructed to
draw a warrant for the total purchase price and to deposit the acme into the
aforesaid escrow together with any and all buyer's costs in connection therewith.
SECTION 5• The real property referred to above is that real property
described in Exhibit "A", attached hereto and by reference made a part hereof.
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PASSED AND ADOPTED this 17th dayof December, 1962.
Mayor of the City of Costa Mesa
ATTEST:/
City Clerk" of h(ee Cityof Costa Mesa
STATE OF CALIFORNIA
SS
COUNTY OF ORALE )
I, C. K, PRIEST, City Clerk and ex -officio Clerk of the City Council of
the City of Costa Mesa, do hereby certify that at a regular meeting of the
City Council of the City of Costa Mesa, California, held on the 17th day of
December, 1962, the foregoing Resolution No. 62-153 was considered section by
section, and that said Resolution was then passed and adopted as a whole by
the following roll call vote, to wit:
AYES: Councilmen - Meyers, Smith, Tomchak, Wilson
NOES: Councilmen - None
ABSENT: Councilmen - Pinkley
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of
the City of Costa Mesa this 18th day of Decenb�er,, 11�962LG/�/J
City Clerk and ex -officio Clerk of the
City Council of the City of Costa Mesa
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