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HomeMy WebLinkAboutCC RESO 93-19RESOLUTION NO. 93-19 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY APPROVING THE SALE OF THE REAL PROPERTY AND IMPROVEMENTS LOCATED AT 2031 EUCLID AVENUE TO THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY WHEREAS, the City of National City has arranged through the settlement of litigation to purchase the real property and improvements located at 2031 Euclid Avenue; and WHEREAS, the City is willing to sell the aforementioned real property and improvements to the Community Development Commission of the City of National City, and the Community Development Commission is willing to purchase the real property and improvements at a price of $120,000; and WHEREAS, it is the intent of the Community Development Commission to re -sell the real property and improvements to the public as part of its program for development of low -to -moderate income housing in the community. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of National City that the City Council does hereby approve the sale of the real property and improvements at 2031 Euclid Avenue to the Community Development Commission of the City of National City for resale to the public, and the Mayor is hereby authorized and directed to execute a Grant Deed conveying said real property and improvements to the Community Development Commission. PASSED and ADOPTED this 16th day of February, 1993. ATTEST: L. ' Anne Peoples, City) Clerk APPROVED AS TO FORM: /3L., George H. Eiser, III City Attorney George H. aters, Mayor