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HomeMy WebLinkAboutReso 5343-1970--- RESOLUTI0]~ NO. 5343 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION AUTHORIZING EXECUTION OF AN AGREEMENT BETWEEN GMT INVESTORS, A CALIFORNIA LIMITED PARTNERSHIP, AND THE CITY OF SOUTH SAN FRANCISCO AND RELATED ACTS. BE IT RESOLVED by the .2ity Council of the City of South San Francisco that: 1. Execution of the agreement entitled "Agreement Pro- viding for Exchange of Park Site," entered into as of the 15th day of June, 1970 by and between GMT Investors, a California limited partnership, and the City of South San Francisco, a municipal corporation, providing for the exchange of park sites and the performance of other acts as therein provided, is hereby authorized and the Mayor is authorized to execute said agreement on behalf of the 2ity and City Clerk attest his sig- natire thereto. 2. The City Clerk be ~nd he is hereby authorized to record or cause the recordation of said agreement in the Official Records of San Mateo County. 3. The Mayor and Mayo~. Pro Tem of the City of South San Francisco are authorized to execute a Grant Deed to GMT Investors, a California limited partnepship, conveying the parcel designated as "Old Park Site" and more particularly described in Exhibit A attached hereto, delivery of which is to be made as set forth in 'the agreement authorized in Paragraph 1 and the escrow instruc- tions as hereinafter authorized. 4. The City Clerk be and he is hereby authorized to accept a Grant Deed from GMT Investors, a California limited partner- ship, conveying to City a parcel designated as the "New Park Site" and more particularly described in Exhibit C attached hereto, subject o real property taxes for 1970-71 and to exceptions numbered 3, 4, 5, 6, 7, 8, 9 and 11 as shown in the amended title report of Title Insurance and Trust Company dated March, 1970, Redwood City Order No. 393565, and record le or cause recordation thereof in the Official Records of San Mateo County, and receive a~ Grantor's expense a title policy for the principal sum of One Hundred Fifty Thousand Dollar.~ ($150,000.00), assuring title to the New Park Site vested in City, subject only to the real property taxes for 1970-71 and the exceptions hereinbefore recited. 5. The City Clerk is authorized to execute a Certificate of Acceptance and to record or cause recordation thereof in the Official Records of San Mateo County and the Grant Deed set forth in Paragraph 4 above. 6. The City Attorney and City Clerk are authorized to execute escrow instructions necessary to carry out the pro- visisions of the agreement authorized in Paragraph 1 hereof and the terms and provisions of this Resolution. I hereby certify that ~he foregoing Resolution was regularly introduced and adopted by the City Council of the City of South San Francisco at a held on the 15th day of the following vote: regular meeting Juse , 19 70 , by AYES, COUNCILMEN Patrick E. Ahern, Frank 3. Bertucelli, William A. Borba, F. Frank Mammini and Warren Steinkamp NOES, ABSENT, " None None ATTEST: ~ C · EXHIBIT "A" DESCRIPTION Ail that certain real ~roperty situate in the City of South San Francisco, County of San Marco, State of California, described as follows: CObR~ENCING for reference at the Monument in the intersection of the centerline of Limerigk Boulevard (known as Gellert Boulevard) with the centerline of Cork Court (known as Kenry Way East), as shown on that certain Map entitled "Tract No. 817, Westborough Unit No. 3, San Marco County, California" filed in the Office of the Recorder of the County of San Mateo, State of California on November 21, 1963 in Book 59 of Maps, at Pages 16 and 17; thence along the northeasterly prolongation of said centerline of Cork Court (Kenry Way East) North 25° 40' East 240600 feet; northwesterly from a tangert bearing North 64 20' West, on the arc of a curve to t?e right with a radius of 130.00 feet, subtending a central angle of 39° 00', an arc dis- tance of 88°49 feet to a point of reverse curvature and the TRUE POINT OF BEGINNING; thence from said TRUE POINT OF BEGINNING northwesterly, from a tangent bearing North 25° 20' West, on the arc of a curve to the left with a radius of 450.00 feet, subtending a central angle of 30° 50', an arc distance of 242.16 feet; North 26° 00' East 295.00 feet; North 70° 00' West 580.27 feet to a point in proposed southeasterly Line of access from Westborough Boulevard to proposed Junipero Serra Freeway; thence along said line North 69 18' 46" East 21~.20 feet; tangent to the last said course, on the arc of a curve to the right with a radius of 250.02 feet, subtending a central angle of 53° 05' 58", an arc diszance of 231.71 feet to a point in proposed southwesterly Line of Junipero Serra Freeway Right-of-Way; thence along said southwesterly line South 57° 35' 16" East 389.92 feet to an angle point thereof; thence continuing along said Freeway line and its south- westerly prolongation which is the southwester£y line of proposed Slope Easement for said Junipero Serra Freeway South 24° 58' 24" East 201.19 feet; thence leaving said Easement line South 26° 00 West 95.07 feet; South 1° 30' East 290.00 feet; westerly, from a tangent bearing North 89° 52' West on the arc of a curve to the left with a radius of 850.00 feet, sub:ending a central angle of 6° 52', an arc distance of 101.87 feet to a point of reVerse curvature; westerly from a tangent bearing South 83° 16' West, on the arc of a curve to the right with a radius of 130o00 feet, sabtending a central angle of 71° 24' an arc distance of 162.00 feet to the TRUE POINT OF BEGINNING. CONTAINING 6.001 acres, more or less. EXHIBIT C DESCRIPTION 6. 823 ACRE PARK SITE WESTBOROUGH UNIT NO. 4 COMMENCING for reference at the northeasterly corner of that certain parcel of land described in Deed to -,he Westborough County Water District, filed in Volume 5194 of Official Records at Page 731, San Mateo County Records; thence along the southeasterly line of Westborougl. Boulevard, as described by Deed flied in Volume '4033 of Official Records at Page 514, North 59°12' East 44.88 feet; thence North 69° 18' 46" East 471.67 feet and South 6° 30' West 95.56 feet to the TRUE POINT OF BEGINNING: thence from said TRUE POINT OF BEGINNING North 69o18' 46" East 63.66 feet; on the arc of a curve to the right, tangent to the last preceeding course, with a radius of 165.02 feet, subtending a central angle of 53° 05' 58", an arc distance of 152.93 feet; South 57035' 16" Eas; 389.92 feet; South 24°58' 24" East 43.87 feet; South 58016' 03" East 194.27 feet; S3uth 31043' 57" West 62.04 feet; and South 5° 21' East 296.74 feet to a ooint in the northerly line of a proposed street; thence along said street line, northwesterly, on the arc of a curve to the right, from a tangent bearing North 84018' 19" West, with a radius of 650 feet, subtending a central angle of 40010' 04", an arc distance of 455.69 feet to a point of reverse curvature; thence on the arc of a curve to the left, fr~m a tangent bearing North 44o08' 15" West, with a radius of 575 feet, subtending a central angle of 39o33' 15", an arc distance of 396.95 feet; thence, leaving said line, North 6° 30' East 328.61 to the TRUE POINT OF BEGINNING. CONTAINING an area of 6:823 Acres, more or less.