CC RES 1986-021RESOLUTION NO. 86- 21
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF RANCHO PALOS VERDE S AUTHORIZING THE MAYOR TO
SUBMIT AN OFFER TO PURCHASE SURPLUS FEDERAL
PROPERTY AT 30942 HAWTHORNE BOULEVARD
WHEREAS, the City has planned and is using the entire area known as
30940 and 30942 Hawthorne Boulevard for Civic Center and park use.
WHEREAS, the City has allocated monies in its Capital Budget to acquire
the property known as 30942 Hawthorne Boulevard.
WHEREAS, the City of Rancho Palos Verdes is a political subdivision of
the State of California, and as such, is required by the General Services
Administration (GSA) under 40 U.S.C. 484 (e) (3) (H) to adopt such a reso-
lution.
NOW, THEREFORE, the City Council of the City of Rancho Palos Verdes
does hereby resolve as follows:
Section 1: The City Council empowers and authorizes the Mayor to sign
on behalf of the City of Rancho Palos Verdes in the purchase of this prop-
erty and to submit to GSA an Offer to Purchase by the City of Rancho Palos
Verdes for Four Hundred Thousand Two Hundred Six Dollars ($400,206) certain
surplus Federal real property located at 30942 Hawthorne Boulevard., Rancho
Palos Verdes, known as the District Building, and more fully described in
an Attachment to the Offer to Purchase.
Section 2: The amount of Forty Thousand Twenty Dollars ($40,020) is
hereby authorized to be paid to GSA as an earnest money deposit with the
Offer to Purchase.
Section 3: The amount of Three Hundred Sixty Thousand One Hundred
Eighty Six Dollars ($360,186) is hereby set aside for payment to GSA when
requested.
Section 4: The monies for the purchase of said property are to be paid
from Project No. 57600.
County of Los Angeles
City of Rancho Palos Verdes
ss
I$ JO PURCELL, City Clerk of the City of Rancho Palos Verdes,
hereby certify that the above Resolution No. 86- 21 was duly and regularly
passed and adopted by the said City Council at a regular meeting thereof
held on April 15, 1986.
City Clerk y` City of Rancho Palos Verdes
i
704CP /RES4.1 Resolution No. 86- 21