HomeMy WebLinkAboutCC Reso No 1974-1489RESOLUTION NO. 1489
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
LAKE ELSINORE, CALIFORNIA TO ACQUIRE TAX DEIDED
PARCEL OF LAND.
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2 WHE[tEAS, in accordance with the provisions oY Division 1, Part 6,
3 Chapter 4 of the Revenue and Taxation Code, the Board of Supervisors of
4 Riverside County did instruct the Tax Collector of Riverside County to sell
g certain parcels of land for which deeds to the State have been filed with
6 the Controll, as provided in Section 3511 to 3516 of the Revenue and
7 Taxation Code; and
g WHEREAS, said parcels of land include parcels the fee title to which
q are required by the City of Lake Elsinore to complete full title to said
10 lot.
11~ NOW, TI~REFORE, BE IT RESOLVED, that in accordance with the provisions
12 of Section 3695.4 of Division 1, Part 6, Chapter 7 of the Revenue and
13 Taxation Code, the City of Lake Elsinore, a public agency, does hereby
14 ob,ject to the public sale of the parcel as described on Exhibit A attached
15 hereto;
16 BE IT FURTHER RESOLVED that the City of Lake Elsinore does hereby
1~ offer to buy said parcel for the purchase price set £orth in E~chibit A,
lg and the City Manager and City Clerk are authontized to execute an agreement
19 for purchase;
20 BE IT FURTf~R RESOLVID that in the event the City of Lake Elsinore
21 acquires said parcel of land hereinabove described, then in the event said
z2 land shall be sold by said Agency 3nstead of being used for public purposes,
23 pursuant to the terms of the agreement under which the land is proposed to
24 be acquired, then said Agency agrees to divide the net proceeds o3 said
25 sale pro rate with other taxing agencies under the applicable provisions of
2C the Revenue and Taxation Code.
27 PASSED, APPROVED AND ADOPTED this 28th day of October, 1974.
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z9 Attest: /
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31 City Clerk
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I, Florene Marshall, City Clerk of the City of Lake Elsinore, do hereby
certify that the attached is a true and correct copy of Resolution No. 1489,
passed and adopted by the City Council of the City of Lake Elsinore at
their regular meeting held on the 28th day oY October, 1974.
Florene Marshall
City Clerk