HomeMy WebLinkAboutCity Council - 4686 A
RESOLUTION NO. 4686
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
HUNTINGTON BEACH AUTHORIZING TRANSFER OF THE
HUD PARTICIPATION IN TERRY PARK TO THE NEW PARK
DEVELOPMENT CONTIGUOUS THERETO, AND REPEALING
RESOLUTION NO. 4534
WHEREAS, the City of Huntington Beach in 1965 purchased a
2. 5 acre park site with assistance from the Federal Department
of Housing and Urban Development ; and
The city is providing a larger park adjacent to the exist-
ing park; and
The city desires to transfer the HUD interest in the ex-
isting park site to the proposed park contiguous thereto; and
The transfer of this interest is necessary to allow the
existing park to be disposed of and the contemplated new park
development completed,
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Huntington Beach as follows :
SECTION 1 . The HUD interest in the existing park is hereby
transferred to the proposed new park contiguous thereto, as
specifically set forth in the agreement, attached hereto and in-
corporated herein by reference as Exhibit 1.
SECTION 2. The existing park site consists of 2. 5 acres ,
while the proposed park site contiguous thereto consists of five
(5) acres , and based on recent appraisals the value of the new
park site is approximately twice the value of the existing site.
SECTION 3. Transfer of the HUD interest in the existing
park site to the new site will allow the city to develop a park
of adequate size and improve the quality of life for residents
in the vicinity.
SECTION 4 . Approval of the transfer of the HUD interest
JOC:ahb
9/18/78 1 .
was concurred in by writing by the Federal Department of Housing
and Urban Development .
SECTION 5. Resolution No. 4534 and all other resolutions
in conflict herewith are hereby repealed.
PASSED AND ADOPTED by the City Council of the City of
Huntington Beach at a regular meeting thereof held on the 2nd
day of October 1978.
Mayor
Pro Tempore
ATTEST: APPROVED AS TO FORM:
City C erk v City Attorney
REVIEWED AND APPROVED: INITIATED AND APPROVED:
I,2
City Administrator Director of RecreationJ Parks
and Human Service
2.
AGREEMENT FOR SALE AND EXCHANGE OF REAL PROPERTY
THIS AGREEMENT is made and entered into this 14tb ,day
of November, 1977� by and between THE CITY OF HUNTINGTON
BEACH, a municipal corporation, hereinafter referred tows
"CITY" and FOXX DEVELOPMENT CORPORATION, a California corpora-
tion, hereinafter referred to as "FOXX" .
The CITY agrees to sell FOXX the property,described herein
under Exhibit "A" and FOXX agrees to convey to CITY the property
described in Exhibit "B", plus the cash payment provided herein
for said property upon the following terms and conditions :
1. FOXX shall page to CITY consideration in the amount
of Two hundred and Four Thousand Dollars ($204,000) consisting
of
(a) Twenty-nine Thousand Dollars ($29,000) cash; and
(b) Conveyance by FOXX to CITY the property described
in Exhibit "B", situated in Orange County, State of California,
said property as described in Exhibit "B" having an appraised
valuation agreed upon by both parties of One Hundred and Seventy-
five Thousand Dollars ($175,000) .
1978
2 . (a) On or before September 30,/ FOXX shall execute and
deliver a grant deed in a form satisfactory to CITY, conveying
the property described in Exhibit "B„ to CITY, and simultaneously
therewith making payment of Twenty-nine Thousand Dollars ($29,000)
to CITY.
(b ) Within twenty (20) days thereafter, CITY shall
deliver a grant deed to FOXX conveying the property described
SOC.er
5/1.2/77 1,
EXHIBIT 1
in Exhibit "A" .
3. Simultaneously with delivery of the grant deed to
CITY, FOXX shall provide to CITY a standard California Land
Title Association policy of title insurance covering the`property
described in Exhibit "B"; and CITY, simultaneously with deliver-
ing grant deed to FOXX, shall provide FOXX with the same type
of policy of title insurance for the property described in
Exhibit "A" .
4. Taxes shall be prorated to date cif recording.
5. This Agreement is subject to the CITY obtaining a
release of all interest of the Federal Department of Housing
and Urban See
in the property described in Exhibit "A" .
6. See Amendment "A
CITY OF HUNTINGTON BEACH,
a ipal corpor n
ti
ATTEST:
• ,!�,�'� G-- Mayor
City Clerk
REVIEWED AND APPRO APPROVED AS TO FORM:
, City Administrator i AW orne
INITI D AND APPROVED ATO CONTE T:
FOXX DEVELOPMENT CORP,�'A"..� T4QN-
By
2.
AND
6. 6 point - It is agreed by both porties that this transaction is
based upon a threat of pond oration by the City of the Pbxx parcels for
purposes of a neighborhood }aarksite.
r�Os
OXX DEVELOPME CORP.
EXHIBIT "An
That certain real property situated in the city of Huntington
Beach, County of Orange, State of California described as
follows :
The west half of the west 'haif of the southwest
quarter of the northeast quarter of the northeast
quarter of Section 35, Township 5 South, Range 11
West, Rancho Las Bolsas in the city of Huntington
Beach, as shown on a map recorded in Book 51,
page 13 of Miscellaneous Maps in the office of the
County Recorder of Orange County,, California.
30
52 a 41 •
P.Z"J4 AC.(GI > Z.2�AC.
r'-
159-14
NO 574
3Ac
�9 Q
15.o6Ac. 2.sooe.
x
1AC.
P ."O; pal 1 :!t
159
159 -05 y
w 04
0
f
EXHIBIT "B"
The north 165 feet of block 2204 east side Villa Tract #8971 in the
City of Huntington Beach, County of Orange, State of California as
shown on a map recorded in Book 4, Page 65 of miscellaneous maps
in the office of the County Recorder of said county.
WAPE
EAST SIDS VILL A
14,4&,
.*aEY A ",
09
19 gyp'
�' 101 AC.
f
4AIDS DRIVE` M l'
1
(� 22
NO 8 71 8L K. 2303 BL K. 03
f 17 0 16 'E5 14 1'J
2403
Ar
*"ovo row puff slar
Acre &CAOM6C RUM,
1 IY�YYYY/Y.Y� /YYYI/ �1/YI♦Yi �
Res. No. 4686
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) as:
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 2nd day
of October 19 78 , by the following voter
AYES: Councilmen:
Pattinson, Thomas, MacAllister, Bailey, Mandic, Siebert
NOES: Councilmen:
None
ABSENT: Councilmen:
ShPnkmsn
City Clerk and ex-officio Clerk
of the City Council of the City
of Huntington Beach, California