Loading...
HomeMy WebLinkAbout2004-06-15; City Council; Resolution 2004-1981 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 2004-198 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, AUTHORIZING THE MAYOR TO EXECUTE ALL DOCUMENTS ASSOCIATED WITH THE ACQUISITION AND TRANSFER OF INTEREST IN 801 PINE AVENUE AND APPROPRIATION OF FUNDING FROM THE GENERAL CAPITAL CONSTRUCTION FUND. WHEREAS, in 1988 the Carlsbad City Council and Carlsbad Housing and Redevelopment Commission approved an agreement between the City of Carlsbad (the City), the Commission on behalf of the Carlsbad Redevelopment Agency (the Agency) and the Carlsbad Unified School District (CUSD), for the joint development of a Senior Citizen Center and CUSD Administrative Offices; and WHEREAS, the agreement provided for a Right of First Refusal to Purchase in favor of the CityIAgency in the event CUSD were to ever sell the property; and WHEREAS, in 2003 CUSD notified the City and the Agency of its intention to relocate its administrative offices and offered to sell its interest in the property to the Cityithe Agency as provided in the agreement; and WHEREAS, the City, the Agency and CUSD have agreed to an acquisition price of $2,226,632 for CUSD’s entire interest in the property; and WHEREAS, the total cost for acquisition of the property, including fees, and related expenses is estimated at $2,236,632; and WHEREAS, funding of the property acquisition will be made by the City of Carlsbad from the General Capital Construction Fund in the amount of $827,554 with the balance paid by the Carlsbad Redevelopment Agency from the Village Redevelopment Fund in the amount of $1,409,078; and WHEREAS, the Carlsbad Planning Commission determined on May 5,2004 that acquisition of this property by the City of Carlsbad is consistent with the Carlsbad General Plan. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad, California as follows: //I 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 1. That the above recitations are true and correct. 2. The Mayor is authorized to execute all documents associated with the purchase and transfer of interest in 801 Pine Avenue to the City of Carlsbad. That $827,554 is appropriated from the General Capital Construction Fund for to 3. acquisition of the property. PASSED, APPROVED, AND ADOPTED at a regular meeting of the City Council on the 15th day Of June 2004, by the following vote to wit: AYES: Council Members Lewis, Finnila, Kulchin, Hall and Packard NOES: None ABSENT: None Mayor ATTEST: &- M. WOOD City Clerk Resolution No. 2004-198 Page Two -2-