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Res 70 6205
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Res 70 6205
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Last modified
8/17/2010 4:23:46 PM
Creation date
8/17/2010 4:23:45 PM
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Regular
Agency Type
City Council
Date
1/26/1970
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<br />. <br /> <br />. <br /> <br />CGM: yc: 1/7/70 <br /> <br />ORIGINAL' <br /> <br />JAN 2670 <br /> <br />RES 0 L UTI 0 N <br />---------- <br /> <br />N O. Co~OI5 <br /> <br />RESOLUTION AUTHORIZING EXCHANGE OF REAL PROPERTY <br />INTERESTS IN THE VICINITY OF LOTS 5, 6, 7, 8, 9 AND <br />'l4, BLOCK 8, REDvJOOD INDUSTRIAL 'rRACT NO. 2 <br /> <br />WHEREAS, the City of Redwood City has heretofore acquired <br /> <br />a certain sewer easement hereinafter described in paragraph 2 <br /> <br />below; and <br /> <br />WHEREAS, the above mentioned City-owned easement is no longer <br /> <br />required by the City of Redwood City for municipal purposes; <br /> <br />provid.ed that the City acquire the easement described in paragraph 3 <br /> <br />below; and <br /> <br />WHEREAS, the City of Redwood City propose~ to quitclaim its <br /> <br />interests in the easement described in paragraph 2 below to Ampex <br /> <br />Corporation, owner(s) of that certain real property hereinafter <br /> <br />described in paragraph 3 below in exchange for conveyance to <br /> <br />the City of the real property interests described in said <br /> <br />paragraph 3~ and <br /> <br />WHEREAS, the owner(s) of those lands and easements have <br /> <br />indicated their willingness to exchange said lands and easements <br /> <br />./ <br /> <br />for the lands and easements hereinabove mentioned; and <br /> <br />WHEREAS, the Assessor of the City of Redwood City has, <br /> <br />pursuant to the provisions of subdivision (h) of Section 3-1/2 <br /> <br />of the Charter of the City of Redwood City, made an appraisal <br /> <br />of all property included within the exchange and has found that <br /> <br />the value of the property to be received by the city equals the <br /> <br />value of the property to be disposed qfi <br /> <br />NOW, THEREFORE; <br /> <br />BE IT RESOLVED BY THE COUNCIL OF THE CITY OF REDWOOD CITY, <br /> <br />AS FOLLOvlS: <br /> <br />l. That this Council hereby finds that the value of the <br /> <br />property interests described hereinbelow to b'e received by the <br />
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