Resolution Number 72-10-24-16,
71II
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RESOLUTION NO. 72-10-24-1
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF SAN JUAN CAPISTRANO AUTHORIZING
THE SETTLEMENT OF CONDEMNATION ACTION:
CITY OF SAN JUAN CAPISTRANO VS. MARINA
VIEW HEIGHTS DEVELOPMENT CO., INC. ET AL.
WHEREAS, the City Council of the City of San Juan Capistrano
has heretofore authorized the acquisition of certain rights of
way and other property rights in connection with the construction
of the La Novia Bridge; and
WHEREAS, an action in Eminent Domain was, accordingly, filed
in the Superior Court of the State of California for the County
of Orange, being entitled "City of San Juan Capistrano vs.
Marina View Heights Development Company, et al, Number 183116;
and
WHEREAS, certain parcels of the aforesaid land formerly
owned by Marina View Heights Development Co., Inc., is now owned
by the Glendale Federal Savings and Loan Association; and
WHEREAS, the said Glendale Federal Savings and Loan Associa-
tion has agreed to accept the City's appraised value as the fair
market value for their property; and
WHEREAS, the City Council of the City of San Juan Capistrano
does findand determine that the aforesaid offer is fair and
equitable and in the best interests of the City,
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of San Juan Capistrano that:
1. The City shall pay to Glendale Federal Savings and Loan
Association the total sum of $30,860.00 for the acquisition of
parcels designated in condemnation action entitled "San Juan
Capistrano vs. Marina View Heights Development Co., Inc., et al,
Number 183116, as parcels 101, 104, 105, 106, 107 and 108.
2. The City Attorney be and is hereby authorized and directed
to cause the aforesaid payment to be made through escrow or
stipulated judgment in accordance with this resolution.
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PASSED, APPROVED AND ADOPTED this 24th day of October, 1972,
by the following vote, to wit:
AYES: COUNCILMEN: BYRNES, CHERMAK, GAMMELL, THORPE,
WEATHERS
NOES: COUNCILMEN: NONE
ABSENT: COUNCILMEN: NONE
ATTEST:
Q�� �4'- qjL��
M or of the City of Slin Juan
Capistrano