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HomeMy WebLinkAboutReso 87-1978RESOLUTION NO. 87-78 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION AUTHORIZING EXECUTION OF AN AGREEMENT BETWEEN IMPERIAL SAVINGS AND LOAN ASSOCIATION AND THE CITY OF SOUTH SAN FRANCISCO ESTABLISHING A TRUST FUND FOR THE CITY PARK SITE ON APPIAN WAY. WHEREAS, Imperial Savings and Loan Association, a California corpo- ration (hereinafter "Imperial") proposes the development of an area known as Westborough Units 4B and 4C within the City of South San Francisco, and WHEREAS, the City of South San Francisco (hereinafter "City") is the owner of a City park site on Appian way which is more particularly described in Exhibit A attache¢ hereto, and WHEREAS, Imperial desires to facilitate improvement of the City park site on Appian Way by transferring in trust to the City the sum of Eighty- six Thousand Four Hundred Dollars ($86,400), and WHEREAS, City desires to accept said funds for said purposes, and WHEREAS, the terms and conditions providing for the transfer of said funds and acceptance thereof are set forth in the agreement entitled "Agreement Transferring Funds in Trust to the City of South San Francisco to Facilitate Improvements of the City Park Site on Appian Way"; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San Francisco that: 1. Execution of the agreement entitled "Agreement Transferring Funds in Trust to the City of South San Francisco to Facilitate Improvements of the City Park Site on Appian Way" is hereby authorized. 2. The Mayor is authorized to execute said agreement on behalf of the City and the City Clerk is authorized to attest his signature thereto. I hereby certify that the foregoing Resolution was regularly introduced and adopted by the City Council of the City of South San Francisco at a regular meeting held on the 19th day of July ~, 19 78, by the following vote: AYES: Councilmen Ronald G. Acosta, William A. Borba, Terry J. Mirri; and Councilwoman Roberta Cerri Teglia NOES: ABSENT: Nonp Councilman Emanuele N. Damonte ATTEST: TO RESOLUTION NO. 87-78 ADOPTED July 19, 1978 · -, CO~LU. RNCING for reference at the northeasterly corner of that certain parcel of land described in Deed to the Westborough County Water District, filed in Volume 5194 of Official Records at Page 731, San Mateo County Records; .thee_ce along the southeasterly line of Westborough Boulevard, as described by Deed filed in Volume 4033 of Official Records at Page 514, North 59°12' East 44.88 feet;' thence North 69~!~' 46" East 471 67 feet and South 6°30' West 95 56 feet to the POINT OF BEGINNING; thence from said TRUE POINT OF BEG~A~i~G North 69~18'46'' East 63.66 feet; on the arc of a curve to t2~e right, tangent to the last.~.preceding course with a radius of 165.02 feet, subtending a central angle of 53°05'58", an arc distance of 152.93 feet; South 57~35'16'' East 389.92 feet; South 24°58'24" East 43 87 feet- South 58°16'03" East 19' 27 feet; South 31°43'57" West 62.04 feet; and South 5~21' East 296.74 feet to a point in the northerly line of a Dr0Dose~ street; thence along said street line, nOrthwesterly, on the arc of a curve to the right, from a tangent bearing Nort2~_ 84"18'19'' West, with a radius of 650 feet, subtending a central angle of 40°10'04'' -~ , an arc distance of 455.69 ~et to a point of reverse curvature; thence on the arc of a cu~e Volume 3812, Page 318. to the left, from a tangent bearing North 44°08'15" West with a radius of 57~ feet, subtending a central angle of 39°33'15'', an arc distance of 396.95 feet; thence, leavin~ · .~': said line, North 6o30, East 328.61 to the TRUE POI~T O? Z ~ BEGINNING. -~ ~" CONTAINING an area of 6.823 _Acreao more or.less. ConVeyed to the C~ty by ~rant Deed dated 6/23/70--San ~ateo County Recorc~s