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HomeMy WebLinkAboutReso 131-1988RESOLUTION NO. 131-88 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION AUTHORIZING AN AGREEMENT BETWEEN THE ALDEN COMPANY, STANDARD BUILDING COMPANY, ROBERT MANTEGANI, AND THE CITY OF SOUTH SAN FRANCISCO RELATING TO THE TRANSFER OF PROPERTY WHEREAS, the City Council of the City of South San Francisco and Robert Mantegani own adjacent pieces of real property; and WHEREAS, the Alden Company has agreed to purchase and develop the property owned by the City and Standard Building Company has agreed to purchase and develop the property currently owned by Robert Mantegani; and WHEREAS, in order to facilitate development proposals on both properties it has been determined that a portion of the Mantegani property should be transferred to the City prior to the development of either subdivision by either developer; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San Francisco that it hereby approves the Agreement concerning the transfer of the property and authorizes the City Manager to execute all documents relating to such transfer. A copy of the Agreement is on file in the City Clerk's Office. 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 26th day of October , 19 88' by the following vote: AYES: Councilmembers Mark N. Addiego, Richard A. Haffey, Gus Nicolopulos, Roberta Cerri Teglia, and Mayor Jack Drago NOES: None ABSTAIN: None ABSENT: None