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<br />. <br /> <br />. <br /> <br />DES:yc:l/2/70 <br /> <br />ORIGINAL <br /> <br />JAM 5 'W <br /> <br />RES 0 L UTI 0 N <br />----------- <br /> <br />N O. klE2( <br /> <br />RESOLUTION DECLARING CERT1\.IN DESCRIBED CITY-OWNED <br />REAL PROPERTY SURPLUS, AND AUTHORIZING ITS SALE, <br />SUBJ.ECT 'ro RETENTION OF EASEMENT, WITHOUT PUBLIC <br />NOTICE OR BID <br /> <br />WHEREAS, the city of Redwood City is the owner in fee of <br /> <br />the hereinafter described real propertYi and <br /> <br />WHEREAS, this Council has received evidence that the herein- <br /> <br />after described real property.is not needed for present or <br /> <br />prospective municipal purposes, provided, however, that the City <br /> <br />retain an easement interest therein for storm drainage purposes; <br /> <br />and <br /> <br />WHEREAS, it is the intention and desire of this Council to <br /> <br />sell the hereinafter described real property in accordance \.,ith <br /> <br />section 3-1/2 of the' Charter of the City of Redwood city at the <br /> <br />current market value therefor as. determined by the city Assessor; <br /> <br />NON, THEREFORE; <br /> <br />BE IT RESOLVED BY THE COUNCIL OF THE CITY OF REDWOOD CITY, <br /> <br />AS FOLLO\^lS: <br /> <br />1. That this Council hereby finds and determines that a <br /> <br />fee interest in the herein.after des~cribed parcel of real property <br /> <br />is not needed for present or future municipal purposes, provided, <br /> <br />however, that the City retain an easement for storm drainage <br /> <br />purposes therein, and hereby declares the fee interest in said <br /> <br />real property (subject to retention of the easement aforesaid) <br /> <br />to be surplus. <br /> <br />2. That this Council hereby finds and determines that the <br /> <br />current market value of the fee interest (subject to retention <br /> <br />of the easement aforesaid) in the hereinafter described parcel <br /> <br />of real property is ~vo Hundred Fifty Dollars ($250.00). <br /> <br />3. That the Mayor and the City Clerk are hereby -authorized <br />