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HomeMy WebLinkAboutRES NO 147-94RESO XO SO. 1 4 ? - 9 4 RESOLUTION AUTHORIZING ENTRY INTO AN &CQUISITION AGREEMENT FOR IMPROVEMENTS CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 93-2 (8TINE-HARRIS) TRACT NO. 5688 (PHASE ~) RESOLVED BY THE CITY COUNCIL OF THE CITY OF BAKERSFIELD as follows: WHEREAS, Stine Road Developers, a general partnership (the "Developer") is the owner of all of that real property in the City of Bakersfield, County of Kern, described in Exhibit A hereto, commonly known as Tract No. 5688 (Phase I) (hereinafter referred to as the "Property"); WHEREAS, the Developer intends to construct various improvements in connection with the development of the property; such improvements (the "Improvements") being described in the Acquisition Agreement presented herewith (the "Agreement"); WHEREAS, Sections 10010 and 10311.5 of the California Streets and Highways Code contemplate the acquisition by a public agency of subdivision public improvements; WHEREAS, the City of Bakersfield has conducted proceedings pursuant to the Municipal Improvement Act of 1913, with bonds to represent the unpaid assessments issued under the Improvement Bond Act of 1915 to pay the cost of acquisition of improvements including, but not limited to, the acquisition of the Improvements; WHEREAS, the parties desire to agree upon the terms and conditions of construction by the Developer and acquisition by the City of Bakersfield of the Improvements and such terms and conditions are set forth in the Agreement; WHEREAS, the public interest and general welfare will be served by entering into the Agreement. NOW, THEREFORE, BE IT RESOLVED that the Agreement, in substantially the form submitted herewith, which was drafted in part and negotiated by Special Counsel's office, is hereby approved 8-11-~4(4340.2) and the Mayor is authorized to execute, with such changes and revisions as the Mayor, upon consent of Special Counsel, deems necessary and appropriate, and the City Clerk to acknowledge such signature, as entry by the City into the Agreement. I HEREBY CERTIFY that the foregoing Resolution was passed and adopted by the City Council of the City of Bakersfield at a regular meeting thereof held on the 7th day of September, 1994, by the following vote: AYES: COUNCIlMEMBERS McDERMOTt, EDWARDS. Oe~lONO. SMITH, BRLINNI, ~, SALVAGGIO NOES: COUNCILMEMBERS Y%J.~/~ ~ ABSTAIN: COUNCILMEMBERS i~/~ ~J~3 / .~' ~ . ARSENT; COUNCILMEMBERS ~, L~,, ~ APPROVED this 7th day of September 9~ ~YOR o~ %he ~ity of Bakersfield APPROVED AS TO FO~: BURKE, WILLIES & SORENSEN, Speci~l~o~sel/~ COU]~ERS~NED:~ . CITY ATTO~EY of the /~ City of Bakersfield :' Clerk of the Council of the city of Bakersfield 8-11-94(4340.2) -- 3 - EXHYBZT & DESCRTpT~ON OF THE PROPERTY The subject property may be described as follows: Parcel 1 of Parcel Map 9919 recorded in Book 46 of Parcel Maps, at page 53 in the Office of the Kern County Recorder, also being in Section 22, T.30S., R.27E., M.D.M., in the City of Bakersfield, County of Kern, California. S-11-94(4340.2) -- 4 -