R-4979
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RESOLUTION NO. ~979(CCS)
(Clty Councl1 Serles)
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF SANTA MONICA
AUTHORIZING THE EXCHANGE OF
CERTAIN REAL PROPERTY BETWEEN THE
CITY OF SANTA MONICA AND BARCLAY
CURCI INVESTMENT COMPANY
WHEREAS, in 1977 the Clty Planning Commlssion
approved a subd~vlslon of the privately owned port~ons of
the former McDonnell-Douglas slte with the condltlon that
Lot 1 of that tract, No. 33022, would be subject to an
exchange with equal port~ons of the C~ty-owned property to
accommodate the creation of a publ1C park extending to
Ocean Park Boulevard along 25th Street.
WHEREAS, in December of 1977, the C~ty Councl1
agreed to an exchange of real property with Barclay-Curcl
Investment Company to accommodate this purpose: and,
WHEREAS, BarClay-Curci Investment Company has
agreed to the exchange of I,ot 1 of Tract No. 33022 for
Clty-owned Lots 1, 2 and 3 of Tract No. 34609: and,
WHEREAS, the Clty of Santa Monlca has determined
that the public purposes for which lots I, 2 and 3 of Tract
No. 34609 were acqulred wl11 be fully accomplished by
ownership and development of the real property WhlCh Barc1ay-
Curci Investment Company proposes to exchange for sald
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CA RL4It~:lCb 2-16-78
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Clty owned parcels.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF
SANTA MONICA DOES RESOLVE:
SECTION 1.
That the C~ty Manager be and is
hereby author~zed to effect a transfer of ownersh1p of Lots
1, 2 and 3 of Tract No. 34609 to Barclay-Curci Investment
Company ln exchange for City ownersh~p of Lot 1 of Tract
NO. 33022.
SECTION 2.
The Clty Council finds and determines
that Lots 1, 2 and 3 of Tract No. 34609 are no longer
needed for the purposes acqulred and that said property
or the title thereto is not needed for any public purpose.
SECTION 3.
The C1ty Counc~l finds and determ~nes
that to advertise for b~ds and sell said Clty property, in
l~eu of the property exchange w1th Barclay-Curci Investment
Company, would not be in the best interests of the C~ty.
SECTION 4
The City Clerk shall cert1fy to the
adoptlon of this resolut1on, and thenceforth and thereafter
the same shall be 1n full force and effect.
ADOPTED and APPROVED this 28th day of
February
1978.
~)~J.wJ
MAYOR
ATTEST:
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CA RL~K:ICb 2-16-78
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duly adopted by the City Council of the City of Santa Monica
I hereby cert~fy that the foregoing resolutlon was
February
at a regular meeting thereof, held on the 28th day of
-, 1978, by the following vote of the Counc~l:
APPItoVEO AS TO tzORM:_
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AYES:
Counci lmember: Banlbrick, Cohen, Reed,
Scott, Trives; van den
Steenhoven, Mayor Swink
NOES:
Councilmember: None
ABSENT:
Councllmember: None
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