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HomeMy WebLinkAbout88-5 - Aquiring 430 30th Street by Eminent DomainRESOLUTION NO,, 88 -5 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH DECLARING THE NECESSITY TO ACQUIRE THE PROPERTY LOCATED AT 430 30TH STREET BY EMINENT DOMAIN WHEREAS, the City Council of the City of Newport Beach • has adopted a Specific Area Plan for Cannery Village which calls for the provision of a public parking area in and around 30th Street and Villa Way; WHEREAS, the City Council has determined that the property located at 430 30th Street is best suited for use as a public parking facility; and WHEREAS, the City Council, by this Resolution, intends to express the need, and its intention, to acquire the property by eminent domain. NOW, THEREFORE, the City Council hereby resolves as follows: Section 1: The City Council finds and declares that the property located at 430 30th Street and legally described as set forth in Exhibit A to this :Resolution, is the property proposed to be acquired by eminent domain subsequent to adoption of this Resolution; Section 2: The property to be acquired by eminent domain is to be used as a public parking lot as set forth in the Specific Area Plan for Cannery Village and to serve the needs of the patrons and customers of the businesses and offices within Cannery Village; Section 3: The City Council of the City of Newport Beach finds, declares and determines that: A. The public interest and necessity require the proposed project; B. The proposed project is planned and located in the manner that would be most compatible with the greatest public good and the least private injury; C. The property described in this resolution is -1- necessary for the proposed parking lot; and D. The City has made an offer to the owner to acquire the property for the full amount believed to be just • compensation for the property, and has provided the owner of the property to be acquired with the written statement of, and summary of the basis for, the amount it has established as just compensation. Section 4: The City Council finds and determines that the proposed project is consistent with all applicable general and specific area plans. Section 5: That appropriate notice of the intention of the City of Newport Beach to adopt this resolution, as required by Section 12.45.235 has been given to the owner of the property. ADOPTED this 11th day of ATTEST: " City Clerk • -2- LEGAL DESCRIPTION Lots 12, 13, 14, 15, 16, and the easterly 17.5 feet of Lot 17, Block 230, Lancasters Addition of Newport Beach, as shown on Book 5, Page 14, of Miscellaneous Maps in the County Recorder's Office. Address: 430 30th Street. Total Value of Land and Improvements: -3- $1,036,000.00.