HomeMy WebLinkAbout2004-02-03; City Council; Resolution 2004-0331
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RESOLUTION NO. 2004-033
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CARLSBAD, CALIFORNIA, AUTHORIZING THE MAYOR TO
EXECUTE ALL DOCUMENTS ASSOCIATED WITH THE
PURCHASE AND TRANSFER OF INTEREST IN 3322
APPROVING APPROPRIATION OF FUNDING FROM THE
PURCHASE AND PAYMENT OF FEES AND EXPENSES
ASSOCIATED WITH THE PROPERTY
MADISON STREET, APN 204-093-02 FROM MONICA P. MIER,
PARK IN LIEU FUND - NW QUADRANT, FOR THE
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' WHEREAS, the City Council of the City of Carlsbad has determined that it is in the best
interest of the City to acquire 3322 Madison Street from the current owner, Monica P. Mier; and
WHEREAS, the City Council has fwther determined a purchase price of $694,500 for the
property, based on a property appraisal and other expenses is appropriate; and
WHEREAS, the total cost for acquisition of the property, including fees, studies and
reports and is estimated at $704,000; and
WHEREAS, funding of the property acquisition will be made from the Park-In-Lieu
Northwest Quadrant Fund; and
WHEREAS, the acquisition of this property is contingent upon a finding that the
acquisition is consistent with the Carlsbad General Plan, and completion of due diligence.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Carlsbad, California as follows:
1.
2.
That the above recitations are true and correct.
Upon approval as to form, the Mayor is authorized to execute all documents
associated with the purchase and transfer of interest in 3322 Madison Street to the
City of Carlsbad.
That an appropriation of $704,000 for purchase of the property, including all
associated escrow fees and expenses be allocated to the acquisition from the Park
In Lieu - Northwest Quadrant Fund.
3.
Ill
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PASSED, APPROVED, AND ADOPTED at a regular meeting of the City Council on the
3rd dayof FEBRUARY 2004, by the following vote to wit:
AYES: Council Menbers Lewis- Finnila. Kulchin, Hall
NOES: Council bkmber Packard
ABSENT: None
Mayor L
ATTEST:
City Clerk
(SEAL)
Resolution No. 2004-033 -2- 4
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