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HomeMy WebLinkAbout62-154 - Approving Sale Agreement - Estancia ParkREsownoN No. 62-154 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 AN AGREEMENT FOR THE PURCHASE OF REAL PROPERTY FOR PARK AND RECREATION PURPOSES. WHEREAS, the City Council of the City of Costa Mesa, acting as the Super- vising Authority of the Costa Mesa Recreation and Park District, finds and deter- mines that it is necessary, convenient and desirable that the Costa Mesa Recrea- tion and Park District acquire that certain real property described in Exhibit "A", attached hereto and made a part hereof, 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 to enter into an agreement for the sale of real estate for said real property for the sum of $20,000.00 per acre, or a total of $40,000.00, payable $20,000.00 during the fiscal year 1963-1964, and $20,000.00 during the fiscal year 1964-1965, and WBERREEA.S, the City Council of the City of Costa Mesa, acting as the Super- vising Authority of the Costa Mesa Recreation and Park District, finds and deter- mines that said price is a fair and reasonable sum to pay for said property and does not exceed the fair market value thereof. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF COSTA MESA, ACTING AS THE SUPERVISING AUTHORITY OF THE COSTA MESA RECREATION AND PARK DISTRICT, DOES HEREBY APPROVE that certain agreement for the sale of real property between ANTON H. SEGERSTROM AND NELLIE RUTH SEGERSTROM, HIS WIFE; HAROLD T. SEGERSTROM AND VERONICA P. SEGERSTROM, HIS WIFE; HENRY T. SEGERSTROM AND YVONNE DE CARIE SEGERSTROM, HIS WIFE; HAROLD T. SEGER"TROM, JR. AND JEANETTE E. SEGERSTROM, HIS WIFE, and ANN SEGERSTROM, A SINGLE WOMAN, as Seller, and the COSTA MESA RECREA- TION AND PARK DISTRICT, as Buyer, and does hereby authorize and instruct the Mayor and City Clerk to sign said agreement on behalf of the Costa Mesa Recrea- tion and Park District. PASSED AND ADOPTED this 17th day of December, 1962. -. mayor or the City of Costa Mesa ATTEST: City Clerk of the City of Costa Mesa 327, 3Zt STATE OF CALIFORNIA ) SS COUNTY OF ORANGE 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 Councilofthe City of Costa Mesa, California, held on the 17th day of December, 1962, the foregoing Resolution No, 62-154 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 December, 1962,/✓y';�—''��'`�����'(¢1 sit -officio Clerk of the City Council of the City of Costa Mesa i i j Resolution No. 62-153, 62-154 80 Map Exhibit -- i/450' .de'rq '.tl s°zo. ,.r: gym. eve l �J - ° D.m g. `5 JW i i j