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HomeMy WebLinkAboutCity Council - 4490 RESOLUTION NO. 4490 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH ESTABLISHING THE AVERAGE FAIR MARKET VALUE OF LAND IN ALL NEIGHBORHOOD PARKS FOR THE PURPOSE OF DETERMINING THE AMOUNT OF FEE REQUIRED TO BE PAID IN LIEU OF DEDICATION OF LAND Pursuant to Sections 9741. 4 and 9961. 8, an appraisal of all neighborhood parks within the city by a qualified real estate appraiser, has been performed for the purpose of deter- mining the fair market value of such parks, NOW, THEREFORE, the City Council does hereby resolve that the av)&rage.t'air market value of land in all neighbor- hood public parks within the city is $65,977 per acre and that said amount shall be used to determine the amount of fee to be paid in lieu of dedication of land for park and recreation purposes. Resolution No. 4084 is hereby repealed. PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 18th day of July, 1977. Mayor I ATTEST: APPROVED AS TO FORM: City Clerk lty AttorOVED: -r REVIEWED AND APPROVED: INITIATED AND AP Citf Administrator Pla ing Department MT:ahb Res. No.4490 STATE OF CALIFORNIA ) COUNTY OF ORANGE CITY OF HUNTINGTON BEACH ) I ALICIA M. WENTWORTH, the duly elected, qualified City Clerk of the City of Huntington Beach, and ex-officio Clerk of the City Council of said City, do hereby certify that the whole number of members of the City Council of the City of Huntington Beach is seven; that the foregoing resolution was passed and adopted by the affirmative vote of more than a majority of all the members of said City Council at a regular meeting thereof held on the 18t day of JiJ U 19 U by the following voter AYES: Councilmen: Bartlett, Wieder, Coen, Gibbs, Siebert, Pattinson NOES: Councilmen: None ABSENT: Councilmen: Shenkman City Clerk and ex-officio Clerk of the City Council of the City of Huntington Beach, California