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HomeMy WebLinkAbout77-89 - Population Density and Fair Market Value of ParklandRESOLUTION NO. 77-89 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 DETERMIN- ING 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 13-401 and Section 13-488 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 13-404 and Section 13-490 of the Costa Mesa Municipal Code; and WHEREAS, the population density figures for Costa Mesa are set forth in the 1976 Special Census for Costa Mesa; and WHEREAS, the average fair market value of park land in Costa Mesa is set forth in the document, Appraisal Report - Strobel and Byer, 2192 Dupont Drive, Irvine, California, dated April 18, 1977; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Costa Mesa that the population density shall be set as follows: TYPE OF UNIT Single -Family Two bedrooms or less Three bedrooms Four bedrooms Five bedrooms or more Multiple -Family Bachelor or Studio One bedroom Two bedrooms Three bedrooms MEAN POPULATION PER UNIT 2.18 3.05 3.91 4.58 1.2 1.45 2.23 3.11 BE IT FURTHER RESOLVED that the average fair market value of park land in Costa Mesa shall be set at $18,165,000.00 for 140.8 acres, $128,937.60 per gross acre, or $2.96 per square foot of park land. PASSED AND ADOPTED this 18th day of July, 1977. 4 4Mapf'o=f the City of esa ATTEST: City Clerk of the City of Co Mesa STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF COSTA MESA ) I, EILEEN P. PHINNEY, City Clerk and ex -officio Clerk of the City Council of the City of Costa Mesa, hereby certify that the above and foregoing Resolution No. 77-89 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof, held on the 18th day of July, 1977. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the City of Costa Mesa this 19th day of July, 1977. p City Clerk and ex -officio C1 of the City Council of the City of asta Mesa