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HomeMy WebLinkAboutCC Resolution 4520RESOLUTION NO. 4520 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN RAFAEL AUTHORIZING THE PURCHASE OF PROPERTY FROM RUBIN GLICKMAN AND JEROME MEISLIN, AND AUTHORIZING THE EXPENDITURE OF -FUNDS WHEREAS, on the 26th day of March, 1973, the City of San Rafael entered into an Option Agreement with RUBIN GLICKMAN and JEROME MEISLIN for the purchase of certain property known as Las Colindas Unit 11; and WHEREAS, said option is to expire on the 5th day of July, 1973; and WHEREAS, it is in the interests of the City of San Rafael and desired by the City Council that the property referred to as Las Colindas Unit 11 be purchased as open space; and WHEREAS, certain funds are available from the Terra Linda Community Services District reserve and open space bond issue funds for said purchase, and unless said option is exercised, the property may not be available at some future date: NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SAN RAFAEL RESOLVES AS FOLLOWS: 1. It hereby elects to exercise the option en- tered into between RUBIN GLICKMAN and JEROME MEISLIN and the CITY OF SAN RAFAEL for the purchase of the property known as Las Colindas Unit 11. 2. The City Manager of the City of San Rafael is hereby authorized to negotiate for the purchase of said land, for an amount not to exceed $75,000.00. 3. The amount to be paid for said land shall first be paid from the reserve funds of the Terra Linda k* Community Services District; and any funds needed over and above those reserves shall be paid from the general obliga- tion open space bond assessment funds. I, 14-ARION A. GRADY, Clerk of the City of San Rafael, do hereby certify that the foregoing Resolution was duly and regularly introduced and adopted at a regular meeting of the City Council of said City held on the 18th day of June, 1973, by the following vote: AYES: Councilmen NIXON, JENSEN, MISKIMEN, MULRYAN, and MAYOR BETTINI. NOES: Councilmen NONE. ABSENT: Councilmen NONE. '�-'G G!'. / MARION A. GRADY, City C erk 2.