HomeMy WebLinkAbout85-105 - Negotiate the Purchase of 411 to 415 30th Street•
RESOLUTION NO. 85 -105
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH AUTHORIZING STAFF TO
NEGOTIATE FOR THE PURCHASE OF REAL PROPERTY
LOCATED AT 411 -415 30TH STREET IN CANNERY
VILLAGE
WHEREAS, the City of Newport Beach has, for the past 18
months, studied and evaluated the feasibility of locating a
public parking lot or structure on property located 411 -415 30th
Street in Newport Beach (the "Property "); and
WHEREAS, an appraisal of the property was completed in
November, 1985, on the assumption the City would be able to
acquire an interest in adjacent property to permit the
construction of a large lot or facility; and
WHEREAS, prior to commencing negotiation for the
acquisition of any property, a public entity should obtain an
appraisal of the fair market value of the property to be
acquired, and the City Council has authorized an update of the
previously prepared appraisal to ascertain fair market value; and
WHEREAS, the update appraisal values the property at
$499,500.00; and
WHEREAS, a public entity should make every reasonable
effort to acquire property through negotiation prior to
initiating emminent domain proceedings; and
WHEREAS, proposed parking lot and parking facility is
consistent with all elements of the Newport Beach General Plan
and Zoning Ordinances applicable to the property; and
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WHEREAS, the proposed parking facility is consistent
with provisions of the draft Cannery Village Specific Area Plan
and this Plan should be approved in the near future.
NOW, THEREFORE, BE IT RESOLVED, that the City Council of
the City of Newport Beach declares as follows:
1. The City Manager is, or his designee, is authorized
to enter into negotiations to purchase the property located at
411 -415 30th Street, Newport Beach.
2. The City Manager, or his designee, is directed to
continue negotiations with the Assistance League to acquire the
property or an appropriate interest therein, located at 417 -421
30th Street, Newport Beach.
ADOPTED this 9th day of,,,---, December , 1985.
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ATTEST:
City Clerk
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