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HomeMy WebLinkAbout73-14 - Population Density and Market Value of Park LandRESOLUTION NO. 73-14 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA, CALIFORNIA, FINDING AND DETERMINING THE POPULATION DENSITY FOR SINGLE AND MULTIPLE FAMILY DWELLING UNITS, AND FINDING AND DETERMINING THE AVERAGE FAIR MARKET VALUE OF PARK LAND WITHIN THE CITY. WHEREAS, the City Council of the City of Costa Mesa is required to find and determine the population density for single family and multiple family dwelling units for park fee and land dedication purposes as set forth in Section 9154 and Section 92103.5 of the Costa Mesa Municipal Code; and WHEREAS, the City Council is required to find and determine the average fair market value of land in neighborhood public parks within the City for park fee and land dedication purposes as set forth in Section 9156 and Section 92104.7 of the Costa Mesa Municipal Code; and WHEREAS, the population density figures for Costa Mesa are set forth in the document General Housing Characteristics, California HC (1)-A6, Bureau of the Census; and WHEREAS, the average fair market value of park land in Costa Mesa is set forth in the document, Appraisal -Land Acquisition Service, Incorporated, March 7, 1973. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Costa Mesa that the population density shall be set at 3.4 persons per single family dwelling unit and 2.4 persons per multiple family dwelling unit for park fee and land dedication purposes; and BE IT FURTHER RESOLVED, that the average fair market value of park land in Costa Mesa shall be set at $3,912,299.00 for 98.302 acres, or $39,798.77 per gross acre of park land. PASSED AND ADOPTED this 19th day of March, 1973. mod ma* Mayor f the City of Costa Mesa ATTEST: 61_1� 6�1 3"_ City Clerk of the City of Cost esa a STATE OF CALIFORNIA } COUNTY OF ORANGE ) SS CITY OF COSTA MESA } I, EILEEN P. PHINNEY, City Clerk of the City of Costa Mesa and ex -officio Clerk of the City Council of the City of Costa Mesa, hereby certify that the above and foregoing Resolution No. 73-14 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on the 19th day of March, 1973. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the City of Costa Mesa, this 20th day of March, 1973. 241 City Clerk and ex -officio Cler f the City Council of the City of CoVta Mesa