Res89 11144 - Laserfiche WebLink

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DES:d~ 08/16/89 (011/26) described in Exhibit B (Parcel II) for street and public utility purposes and to grant to said City an easement in and to that real property described in Exhibit C (designated Parcel III) for public utility purposes in exchange for the relinquishment by the City of the non-access rights, and the vacating of said rights in and to that non-access line more particularly described in Exhibit A (designated Parcel I); and WHEREAS, pursuant to the provisions of Redwood City Charter Section 3-~(h) the City Assessor has determined that the value of the property to be received by the City (Parcels II and III designated in Exhibits Band C, respectively), equals or exceeds the value of the property interests to be relinquished by the City (Parcel I, Exhibit A); NOW, THEREFORE; BE IT RESOLVED BY THE COUNCIL OF THE CITY OF REDWOOD CITY, AS FOLLOWS: 1. This Council hereby approves and authorizes the City Clerk to accept a grant of easement (in form approved by the City Attorney) for public street and utility purposes in and to all that certain real property described as Parcel II in Exhibit B hereof, and to accept a grant of easement (in form approved by the City Attorney) for public utilities purposes in and to all that certain real property described as Parcel III in Exhibit C in exchange for the relinquishment by quitclaim deed by the City of all its right, title and interest in and to that certain non- access strip over and across Parcel I described in Exhibit A, and 2 11144