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HomeMy WebLinkAboutReso 143-1996RESOLUTION NO. 143-96 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE AN AGREEMENT WITH KAISER FOUNDATION HOSPITALS TO PURCHASE THE PROPERTY ADJACENT TO THE CORPORATION YARD, KNOWN AS THE MAGNOLIA RIGHT-OF-WAY WHEREAS, the Magnolia Avenue right-of-way is required for better circulation and additional covered parking for the Corporation Yard; and WHEREAS, the current owner of the property is Kaiser Foundation Hospitals; and WHEREAS, the sale price of the land is $100,000; and WHEREAS, the sale price was verified by staff with an appraisal by Carneghi-Bautovich & Partners, Inc of $130,000, and WHEREAS, funding for the acquisition is available in the Corporation Yard Project budget. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San Francisco that: 1. The City Council hereby authorizes the City Manager to execute the agreement with Kaiser Foundation Hospitals to purchase the property adjacent to the Corporation Yard, known as the Magnolia Right-of-Way and sign the certificate of acceptance for the grant deed. 2. The City Clerk is directed to record the grant deed. 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 25th day of September , 1996 by the following vote: AYES: Onuncilmembers Joseph A. Fernekes, Euqene R. Mullin, John R. Penn~, Rnhmrt Y~ and Mayor Jack Drago NOES: None ABSTAIN: None ABSENT: None A: \KAISER. HOS ATTEST: