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Home My WebLink AboutReso. 1976-001 - Approving the purchase of Kutras Parcel 10 - Turtle Bay , 1 � � ,� �' � � � - ' _ . - .� � �. � � �-.-.,_- - �l �- : �.� �> � _ . , / ' RESOLUTION NO. �1 � A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING THE PURCHASE OF KUTRAS PARCEL 10 - TURTLE BAY, AND AUTHORIZING THE EXECUTION BY THE MAYOR OF THE NECESSARY DOCUMENTS TO ACCOMPLISH SUCH PURCHASE. .� � WHEREAS, on November 8, 1966 , the people of the City of Redding, by a majority vote, authorized the City Council and its proper officers to exercise any and all purchase options con- tained in the Agreement between Frances W. Kutras and the City of Redding dated March 16, 1966 , relating to the acquisition by the City of lands commonly known as Turtle Bay, in such time and manner as the City Council shall, in its sole discretion, determine to be in the best interests of the City, and WHEREAS, the afonesaid Agreement was amended on January 26, 1968, to provide for the purchase of Parcel Year 10, consisting of approximately 18. 091 acres for $37,494. 25, on or before January 31, 1976, and WHEREAS, it is recommended by the City Manager and the Finance Director that Council authorize the use of community development funds for the payment of fifty per cent of the purchase price of this parcel, since open space grants are no longer avail- � able, and _ � � WHEREAS, the City Code expressly provides as one of the . purposes and uses of transient' occupancy' tax revenues the purchase of park and recreational land, and it is recommended that the Council authorize the use of transient occupancy taxes for payment of the other fifty per cent of the purchase price of this parcel, and WHEREAS, the City Council deems it to be in the best interests of the City of Redding and its citizens to acquire Kutras Parcel Year 10 in accordance with the aforesaid Agreement and Amend- ment to Agreement, NOW, THEREFORE, BE IT RESOLVED by the City Council of � the City of Redding that the purchase of the parcel of land described .� �" � � -1- JI, .��. ':.✓ .. ° �Ii` _ . , � . ,}� _ �,�% . � ' .� c _ . on "Exhibit A"., attached hereto and incorporated herein by refer- � ence, be and it hereby is approve8, and that the Mayor be and he hereby is authorized to execute the escrow instructions for said purchase for, and on behalf of the City of Redding, which provide in part that all escrow costs relating to said purchase be paid by the City, and the Mayor is hereby authorized to execute any and all additional documents necessary to complete said purchase in accordance with the provisions of the Agreement dated March 16 , 1966 , and the Amendment to Agreement dated January 26, 1968. BE IT FURTHER RESOLVED that community development funds � be used to pay for fifty per cent of the total cost of this acquisi- tion, and that transient occupancy tax revenues be used to pay for the other fifty�per cent, BE IT F.URTHER RESOLVED that the City Attorney be and he � hereby is authorized to prepare escrow instructions and all other necessary documents to acquire said parcel of land and to open an escrow for such purchase and to incur for and in behalf ,of Ehe City of Redding any and all necessary costs to accomplish said purchase in accordance with the terms of the Agreement dated March 16, 1966, and the Amendment to Agreement dated January 26 , 1968. I HEREBY CERTIFY that the foregoing Resolution was intro- duced and read at a regular meeting of the City Council of the City of Redding on the 5th day of January , 1976, and was duly adopted at said meeting by the following vote: AYES: COUNCII,MEN: anderson, Demsher, Fulton, Pugh, and Denny NOES : COUNCILMEN: None ABSENT: COUNCILMEN: None � .. ' � _ �.� AT �ST: %`�- S F. DENNY ; �� , ., `-' � , Mayor of the City of Redd' :Lr.�u_�r/-��A= � G<� � LDRED L� BRAYTDN., ity Clerk � . Y:- . FORM APPROVEDe �G�X �•��f � �Y(.G.�, EARL D. '�MURPHY, ity ttor ey -2- f _ .-,��, �_7, _�'' �: , : •� .. . :�:-: JJJ . • . . �._^_ ' �F ' ' ' ' � . . .. . p . � � _ -. .� - .. TURTLE BAY PROPERTY ACQUISITIOPI ' Year 10 Commencing at the southwest corner o£ that parcel conveyed to � Frank L. sn3 Helen rlilson by Dead fro�a i�l, S . and Frsnces S. Cox, recorded April 7, 1958, at page 180, Book 56z, Official Records of Shasta County, said point being more generally described as the northeast corner of the ir.tersection of Continental and Butte Streets; thence, id. �2° 20' 00" E. , a distance of 19g5.46 feet ; thence, N. 37° 30' 00" E. , 8$4,l�2 feet to a point hereafte: re- , ferred to as Point "A". AREA B Commencing at Point "A" as described above, thence, S. 8$� 39' 51" E. , 269. 53 feet to the true point of beginning of this des- cription; ther.ce, continuing S. L&° 39' S1" E. , I425.31 feet ; thence, S. 2° 30' 00" W. , 10�.2$ feet ; thencC, S. kt�° 30' S6" �V. , 90.00 feet ; thence, N. $2° 36' S0" '�I. , 1337•39 feet ; thence , N. k3° 23 ' 00" 'nl. , 44.92 feet to the true point of beginning of . this description, containing 3•33$ acres . . AREA C . Commencing at Point "A" as desc:ibed above , thence, S. 88° 39 ` 51" E. , 1976. 29 Feet to the true point of beginning of this des- criptior; thence, continuir.g S. 8$° 39' S1" E. , 700.Ot� £eet ; thence .S . 19° 00' 00" A7. , 1y7.50 feet ; thence , S. 8!�° 38' 1$" W. , 66�.35 feet ; ther.ce, N. 6° 00' 00" E. , 266.$0 feet to the true point of beginning of this description, containing 3. 513 . Acres. AREA D . Commencing at Point "A" as described above, thence, S . 88�� 39' 51" E. , 1694.84 feet te the true point of beginning of this des- cripLion; thance, continuing S . E$° 39 ' S1" E. , 2019.49 feet ; thence, S. 32° 48� 50'� iV. � 16U.92 feet; thence, S . 52° 46' 00" W. , 249.97. feet ; thence, S , 5'7° 4b' 00" 47. , 2b1.43 feet ; thence, TF. $0° 55 � 00" :'7. � 12iw.01 feet � thence , .h , $f�.° 3$� 1$'.' 'E. � 666.35 feet ; thence, N. 19° OOT 00" E. , 197. SO �feet; thence N• g$° 39' Sl" lV. � 700.04 feet ; thence S . 6° 00� 00" 4J. � 2�i6. $0 feet ; thence N. 80° 55 ' 00" W. , 367.6�i feet ; thence, N. 44° 3Q' 56" E. , 149.�i0 feet ; thence, N. 2° 30' 00" E. , 107�.2$ feet to the true point of beginning of this description, containing 11.240 Acres. September, 1965 gm EXHIBIT A .