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R-8893 e e CA:f\atty\muni\laws\mox\olympic.2 city Council Meeting 4-25-95 Santa Monica, California RESOLUTION NO. 8893 (CCS) (CITY COUNCIL SERIES) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA WAIVING ADVERTISEMENT REQUIREMENTS AND AUTHORIZING THE SALE OF REAL PROPERTY LOCATED AT THE NORTJiwEST CORNER OF OLYMPIC BOULEVARD AND 21ST STREET WHEREAS, on March 16, 1966, the state of California relinqulshed the real property described in Section 2 of this Resolution (the "Property") to the City of Santa Monica, for use as a City street; and WHEREAS, The City has determined that the Property is no longer needed for the purpose acquired and that said property is not needed for any public purpose; and WHEREAS, The State of California has confirmed it has no objection to the proposed sale of the Property; and WHEREAS, The City has received from Sam Tsunoda, owner of real property adj acent to the Property, an offer to purchase the Property for $160,000.00, which exceeds the appraised fair market value of the Property; and 1 e e WHEREAS, pursuant to Municipal Code Section 2.24.110, real property may be sold without advertising for bids if the city Council, by resolution adopted by at least five affirmative votes, determines that to advertise for bids would be to no avail and would cause unnecessary expense and delay or would not be in the best lnterest of the City; and WHEREAS, appropriate recreation and housing agencies have been notified of the availability of the Property but have no use for said Property; and WHEREAS, on December 12, 1990, the city council approved in concept the sale of the Property to Sam Tsunoda; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA MONICA DOES RESOLVE AS FOLLOWS: SECTION 1. Public advertising for bids of the Property described in section 2 of this Resolution is hereby waived because the adjacent property owner has made an offer for purchase of the property at a price in excess of the full fair market value, and to advertise would cause unnecessary expense and delay, would be unlikely to bring a higher purchase price and would not be lTI the best interest of the City. 2 e e SECTION 2. Subject to complying with all applicable provisions of State and local laws, the City Manager is hereby authorized to sell the Property described below to Sam Tsunoda for the sum of $160,000.00. The sale of the Property shall be subject to all conditions set forth in the Purchase Agreement. Said Property is described as follows: That portion of Olympic Boulevard in the city of Santa Monica, County of Los Angeles, state of california, relinquished by the State of California to the said City per deed recorded on March 28, 1966 in Book R2523, Page 769, of official records of said county; said land also being portions of Lots 5,7,9, and 11, Block 20 Erkenbrecher Syndicate Santa Monica Tract, as shown on map flIed in Book 6, Pages 26 and 27, of Maps, in the office of the Recorder of sald County, within the following described boundaries: Commencing at the most westerly corner of said Lot 9; thence along the southwesterly line of said lot, South 44042' 53" East, 26.59 feet to a point on the southwesterly line of said lot, said point being the True Point of Beginning; thence continuing along the southwesterly line of said Lot, South 4404215311 East, 11. 00 feet to the beginning of a tangent curve concave to the north having a radius of 10.00 feet, thence northeasterly along said curve through a central angle of 75059'59" a distance of 13.26 feet; thence North 59017'08" East tangent to said curve 12.81 feet; thence to the beginning 3 e e of a non-tangent curve concave to the northwest and having a radius of 795.00 feet, a radial of said curve to said point bears North 69045'55" West, thence northeasterly along said curve through a central angle of 3030'32" a distance of 48.69 feet; thence North 16043'32" East tangent to said curve 89.71 feet; thence North 13059'35" West 15.49 feet; thence North 44042142" West 25.14 feet; thence South 16043'32" West 115.06 feet to the beginning of a tangent curve concave to the northwest and having a radius of 765.00 feet; thence southwesterly along said curve through a central angle of 4006140" a distance of 54.89 feet, more or less, to the True Point of Beginning. SECTION 3. The City Manager is authorized to execute all instruments and do all things necessary to effectuate the sale. SECTION 4. The City Clerk shall certify the adoption of this Resolution, and thenceforth and thereafter the same shall be in full force and effect. APPROVED AS TO FORM: ")11. J j;~ i1~ b" / .) ~f\1LL/7 AVU~ Marsha Jon)as" Mou rie . City AttMney 4 It e Adopted and approved this 25th of April. 1995 ~~.~ Mayor I hereby certIfy that the foregomg Resolutton 8893 (CCS) was duly adopted at a meetmg of the City Counct! held on the 25th of Apnl, 1995 by the followmg vote Ayes. Council members Abdo, O'Connor. Genser, Rosenstem, Holbrook, Greenberg Noes' Council members None Abstam: Councll members None Absent: CounCIl members Ebner ATTEST fi2~ / ------ CIty Clerk