CC RES 1983-019RESOLUTION NO. 83 -19
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
RANCHO PALOS VERDES ESTABLISHING THE PARKLAND
DEDICATION FEE FOR TENTATIVE TRACT 37885
WHEREAS, on September 21, 1982 the City Council adopted Resolution
No. 82 -66 approving Tentative Tract 37885; and
WHEREAS, Condition No. 25 of Resolution 82 -66 established the Parks
and Recreation dedication fee for compliance with Section 66477 (Quimby Act) of
the Government Code; and
WHEREAS, on December 7, 1982, the City Council adopted Resolution
82 -82 which called for a report establishing the fair market value of the
entire 163 acre site;
NOW, THEREFORE, the City Council of the City of Rancho Palos Verdes
does hereby resolve and order as follows:
Section 1: A licensed appraiser was retained by the City to determine
the fair market value of the 163 acre site.
Section 2: The amount of parkland dedication fee is determined to be
$63,000.
PASSED, APPROVED and ADOPTED this 5th day of April, 1983.
ATTEST:
State of California )
County of Los Angeles ) ss
City of Rancho Palos Verdes )
I MARY JO LOFTHUS, City Clerk of the City Council of the City of
Rancho Palos Verdes, hereby certify that the above Resolution No. 83 -19 was duly
and regularly passed and adopted by the said City Council at a regular meeting
g y
thereof held on the 5th day of April, 1983.