HomeMy WebLinkAbout1996-03-26; City Council; Resolution 96-1041
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RESOLUTION NO. 96-104
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBA CALIFORNIA, APPROVING ESCROW INSTRUCTIONS AND AUTHORIZING T
ACQUISITION OF PROPERTY FOR THE CARLSBAD MUNICIPAL GOLF COUA PRO I ECT.
WHEREAS, the City Council of the City of Carlsbad, California, has previously aut\
proceeding with the development of the Carlsbad Municipal Golf Course project; ai
WHEREAS, 4 parcels totaling 36 gross acres have been identified as requirii
acquisition to facilitate the development of said project; and
WHEREAS, City has retained the services of an independent, licensed appraiser \i?
completed an appraisal of said property; and
WHEREAS, negotiations for the acquisition of said property with the property
have resulted in a recommended agreement of the terms, conditions, and schedule
sale of said property to City; and
WHEREAS, escrow instructions and accompanying documents have been prep
affect said acquisition; and
WHEREAS, the City Council of the City of Carlsbad, California, hereby finds it ne(
desirable, and in the public interest to approve said escrow instructions and acqu
property.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of C:
California, as follows:
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2.
3.
That the above recitations are true and correct.
That acquisition of said parcels 21 2-081-1 0, 12, 16, and 18 is hereby apl
That escrow instructions dated March 1, 1996 are hereby approved and 1
Clerk is authorized to execute said escrow instructions on behalf of the City. The Cil
is directed to forward the signed escrow instructions to City’s Special Counsel, As,
Keagy, attention, Mr. Richard Freeland, 3 1 70 Fourth Avenue, Fourth Floor, San
California, 92103, and a copy of said escrow instructions to the City Attorney i
Community Development Department.
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4. That the Finance Director is authorized to make deposits with the
company in the amount of the purchase price and required fees and costs for this pi
by the City.
PASSED, APPROVED, AND ADOPTED at a regular meeting of the Carlsbad City (
held on the 26th day of March , 1996, by the following vote i
Council Members Nygaard, Kulchin, Finnila and Hall AYES:
NOES: None
ABSENT: Mayor Lewis
ATTEST:
ALETHA c!k& L. RiTE%%?&,--htm\
(SEAL)
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