HomeMy WebLinkAbout89-419 - Resolutions RESOLUTION NO. 89-419
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO
CUCAMONGA, CALIFORNIA, DIRECTING THE EXECUTION OF A GRANT
DEED OF CERTAIN REAL PROPERTY HEREIN DESCRIBED TO THE
BARMAKI AN COMPANY
A. RECITALS:
1. Heretofore, this Council purchased a substandard lot and
improvements then known as 12796 Base Line Road for street right-of-way
purposes, at fair market value, on April 20, 1988;
2. As an integral part of this transaction, an independent
appraisal was made to determine what, if any, value could be established for
the remnant portion of the acquired lot, which has been established as
$7,500.00;
3. The Barmakian Company, as a condition of development of an
adjacent parcel, was conditioned to acquire and incorporate the remnant
portion into the development project;
4. The Barmakian Company is now requesting that such transaction be
concluded so that development of the adjacent parcel may proceed.
B. RESOLUTION:
NOW, THEREFORE, the Council of the City of Rancho Cucamonga does
hereby find, determine and resolve as follows:
1. All facts stated in the Recitals, Part A of this Resolution,
hereby are found to be true and correct.
2. The City Engineer is hereby authorized and directed to execute a
Grant Deed describing the real property described in Exhibit "A", thereby
transferring title of such property from the City of Rancho Cucamonga to The
Barmakian Company through an Escrow transaction, fees therefore being paid
from the proceeds of the purchase.
3. The City Clerk shall certify to the adoption of the Resolution.
PASSED, APPROVED, and ADOPTED this 20th day of September, 1989.
AYES: Alexander, Buquet, Brown, Stout, Wright
NO ES: No ne
ABSENT: None
Dennis L. Stout, Mayor
Resolution No. 89-419
Page 2
ATTEST:
D~Bra J. Ad~s, City Clerk
I, DEBRA J. ADAMS, CITY CLERK of the City of Rancho Cucamonga,
California, do hereby certify that the foregoing Resolution was duly passed,
approved, and adopted by the City Council of the City of Rancho Cucamonga,
California, at a regular meeting of said City Council held on the 20th day of
September, 1989.
Executed this 21st day of September, 1989 at Rancho Cucamonga,
Cali fornia.
Debra J. ~ams, City Clerk
Resolution No. 89-419 Page 3
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Resolution No. 89-419
Page 4
EXHIBIT "A"
THE LAND REFERRED TO IS IN THE CITY OF RANCHO CUCAMONGA, COUNTY OF SAN
BERNARDINO, STATE OF CALIFORNIA, AND DESCRIBED AS FOLLOWS:
That portion of Lot 15, Block "j" of the Ettwanda Colony Lands, according to
plat as shown in Book 2 of Maps page 24 records of San Bernardino County
described as follows: '
COMMENCING at the Southeast corner of said Lot 15, said corner being 651.89
feet Westerly along the Southerly line of Lot 16 in said Block "J" from the
Southeasterly corner of said Lot 16; thence Northerly along the Easterly line
of said Lot 15, 87.83 feet; thence Westerly parallel to the Southerly line of
Lot 15, 72.00 feet; thence Southerly parallel to the Easterly line of said Lot
15; 87.83 feet to the Southerly line of said Lot 15; thence Easterly 72.00
feet along the Southerly line of said Lot 15, to the point of beginning.
EXCEPT THEREFROM THE SOUTHERLY 27.00 FEET THEREOF.