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HomeMy WebLinkAbout17164 - RESOLUTIONS - 6/20/1990 RESOLUTION NO. 17164 OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING THE ACQUISITION OF TEN ACRES OF LAND LOCATED AT THE INTERSECTION OF THE PALM CANYON WASH AND TAHQUITZ CREEK FLOOD CONTROL CHANNELS, EAST + � OF THE EQUESTRIAN CENTER IN SECTION 19. WHEREAS the property owner of ten acres of land located at the intersection of the Palm Canyon Wash and Tahquitz Creek Flood Control Channels, East of the equestrian center, more particularly described in Exhibit "A" and shown on Exhibit "B" attached hereto has agreed to sell the subject land to the City for the sum of $97,500; and WHEREAS based on a comparable market analysis, $97,500 is fair market value for the subject land; and WHEREAS the highest and best use of the land is for public purposes, recreational purposes and open space because the land cannot be developed now or in the future for the reason that the land is located in a 100 year flood plain, flood flow elevation and there are no existing road improvements and/or public utilities to the land. NOW THEREFORE BE IT RESOLVED by the City Council of the City of Palm Springs as follows: Section 1. That the City Manager and the City Clerk is hereby authorized to sign all documents on behalf of the City of Palm Springs necessary to consummate the acquisition of the ten acres of land described in Exhibit "A" and shown on Exhibit "B" attached hereto and made a part hereof, for the total purchase price of $97,500, plus title and escrow fees. Section 2. That the City Clerk is hereby authorized to accept the deed and arrange for it to be recorded in the County Recorder's Office on behalf of the City of Palm Springs, ADOPTED this 20th day of June, 1990. AYES: Councilmembers Broich, Hodges, Murawski , Neel and Mayor Bono NOES: None ABSENT: None ATTEST: CITY OF PALM SPRINGS, CALIFORNIA By City Clerk City Manager REVIEWED & APPROVED A� Property of Frank Gautiello IZ-89-068 The South half of Lot 30 in Section 19 T.4.S. R.5.E,. as shown on that map entitled "Map of Palm Valley Colony Lands, property, of the Palm Valley Land and Water Company, being part of Township 4 South, Ranges 4 and 5 East, S.B.M. ", filed for record on January 15, 1891 in Map Book .14, Page 652 Records of San Diego County EXHI 0IT "A" G a ' • 'tlf/ 3 YY SOoe05 r / y lI' m'YY,go600N p �1 Y � 9 I b ti ® a JA, i fv rC of bij 1.01 • � f 1f � °j �Yd r � m dt tfY r sleo b� r Y Ja"a UVON 0130 1 o` ,"M A CITY OF PALM SPRINGS PROPERTY OF FRANK GAUTIELLO REAL PROPERTY DIVISION APPROVED , ERNE G. BLEVINS REAL PROPERTY SPECIALIST The South half of Lot 3O In Section WT48.RGE. :CHE " 0"' SCALE: FILE NO. Map Book 14•Page 652 Records of Son Diego County JD NONE R-89-068 ED 6Y: DWG. NO.: SHEET NO. Section /f T.H.S. R.SE. S.B.B.am. GB I I of I w EXHIBIT "B"