HomeMy WebLinkAboutCC RES 74-073
RESOLUTION NO. 74-73
A RESOLUTION OF THE CITY COUNCIL, CITY OF TUSTIN,
CALIFORNIA, FINDING AND DETERMINING THAT PUBLIC
INTEREST AND CONVENIENCE REQUIRE THE SALE OF REAL
PROPERTY AT 145 WEST FIRST STREET, TUSTIN, CA.
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The City Council,
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resolve as follows'
City of Tustin,
Ca].ifornta,
does hereby
1)
The City Council hereby finds and determines as
fo i]..ows ·
(a)
That the property at 145 West First Street,
Tustin, Cali'.=ornia, was acquired by t'he City of Tustin,
in conjunction with and as a part of the project for
the widening and improvement of First Street;
(b)
That 'there is a portion of said property which is not
needed for any present or pros'pective public use,
,
is therefore excess and surplas land, to wit, the
property acquired by the City of Tustin with t'he
and
(c)
(d)
exception of those· portions required and to be retained
for street and public purposes.
That the public interest and conve.nience require the
sale of said site;
That the site to 'be
attached l~ereto and
sold is as described in Exb. ibit "A" !
1
incorporated herein by this
reference and is as shown on the map thereof marked
Exhibit "B". and attached hereto;
That the City Council is informed and believes that
the
(f)
'reasonab].e val'ue of said property is the sum of
TWENTY-TWO THOUSAND FIVE HUNDRED DOLI. ARS ($22,500) ;
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That CARL L. WOOD has made a written offer to the Ci~
of Tustin to purchase said property for
.
TWENTY-TWO THOUs'AND FIVE HUNDRED DOLLARS
the sum o f
($22,500) ,.
pAyal~].e FIVE Tt{OUSAN.D DOLLARS ($5,000) cash, together
with Buyer's proi~issory note in the sum of SEVENTEEN
THOUSAND FIVE HUNDRED DOLLARS ($17,500.) ,bearing intere's
of nine percent (9%) per annum, payable at ONE HUNDRE. D
FIFTy DOLLARS ($150.) per month, all accrued and unpaid
interest and principal due in five (5) years, secured
by a deed of trust on said property, with City to pay
for a policy of title insurance and one-half of 'the
escrow charges;
(g) That it is the intention of the City Council, City of
Tustin, ho sell the said property to CAP~L L. WOOD for
the aforesaid sm~ unless further offers or evidence
presented in the course of these proceedings indicate
tha~ a different price or. procedure should prevail
'
2) That any person who wishes to make an offer to purchase!
the said property for a price higher than that hereinabove set.
forth may do so a% or befora the time of the said hearing, and '
t
I~ ii 3) That a'hearing is set for November 4, 1974, at 7-30
1~' ii o'clock P.M. in the Council Chamber of tt~e City of Tu~tin at
SO II 275 South "C" Street, Tustin, California, at which time and place!
~! ii any and all persons interested in said proposed sale may appear~
~ 11 make offers, protest the proposed sale, and/or otherwise be
'
heard, and may at said hearir..~, or prior thereto, cause to be
I
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~,.~ a,=livered to the City Clerk of the City of Tustin any written
..
~ ~ offer to purchase and/or prctest concerning the proposed sale.
¢~,"~'~ T~.~e City Counc:i. 1 sba'Il p~s upon .any and all o£~er~ and protest~
~.,' I ~t said ~Sme and
i'i~!¢ ji 4) That a copy of this Resolution shall be published
o-~'~ iI once in the Tustin News, a weekly newspaper published and circul~
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any and all such persons are hereby solicited to do so.
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in the City of Tustin, California, and once in the Santa Ana
Register, a dai].y newspaper published in the Cou~ty of
Orange, California.
The' aforesaid publication shall be made
not less tkan ten (10) day§ prior to the date of said protest
hearing.
Prior to said protest hearing, copies of this
Resolution shall be posted for not less titan ten (t0) days
in at least three (3) conspicuous places upon the aforesaid
real property.
PASSED AND ADOPTED at a regular meeting of the City
Council, City of Tustin,
California, held on the 7th day of October, 1974
o f October
, 1974.
day
MAY 0 R
ATTEST ·
.TS'4
JGR' si.
LEGAL DESCRIPTION
Lot i, Block C of Tract'No. 338 as per map. recorded in Book
14, page 51-of Miscellaneous Maps, Records of Orange Co,~.nty,
California, except that portion described as follows-
The southerly 17.00 feet of said Lot 1 and
a spandrel shaped parcel bounded westerly by
the west'erly line of said Lot 1, bounded
southerly by the northerly line of the southerly
17.00 feet of said Lot 1 and bounded northeasterly
by the arc of a curve, concave northeasterly,
having a.radius of 27.00 feet and being tangent
to said westerly and southerly boundaries.
EXHIBIT A
.5 3
STATE OF CALIFORNIA)
COUNTY OF ·ORANGE ) SS
CITY OF TUSTIN
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RUTH C. POE, City Clerk and ex-officio Clerk of the City
Council of the City of Tustin, California, does hereby
certify that the whole, nm~ber of the members of the City
Council of the City of Tustin is five; that the above and
foregoing Resolution No. 74-73 was duly and regularly
introduced, read, Passed ~-n---~-a~d~6p--'t. ed at a regular meeting
of the City Council held on the 7th day of' October ,
]..974, by the following vote.
AYES
NOES: COUNCILMEN NONE .........
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ABSENT - COUNCILMEN NOk~ .......
Cit~--cierk-,~L~Lty of Tustin-; c. al~i~zn~'a
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