HomeMy WebLinkAbout2019 049 CC RESO RESOLUTION NO. 2019-049
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN
PARK AUTHORIZING THE PURCHASE OF THE REAL PROPERTY
DESCRIBED AS APN: 8437-014-016, LOCATED AT 14751 BADILLO
STREET IN THE CITY OF BALDWIN PARK AND AUTHORIZING THE
MAYOR TO EXECUTE DOCUMENTS RELATING TO SAME
WHEREAS, Baldwin Park 23 Group, LLC owns that certain real property in the
City of Baldwin Park generally known as 14751 Badillo Street, APN: 8437-014-016
("14751 Badillo Street"); and
WHEREAS, the City of Baldwin Park is desirous of purchasing said property to
further stimulate the redevelopment of the Downtown Baldwin Park area; and
WHEREAS, a Purchase Agreement between the City of Baldwin Park and Baldwin
Park 23 Group, LLC has been proposed to the City Council providing for the acquisition
of certain real property identified as APN: 8437-014-016 ("14751 Badillo Street"); and
WHEREAS, the City Council has reviewed and considered the terms and
conditions of the purchase agreement, a true copy of which is attached hereto as Exhibit
"A" and incorporated herein by reference (the "Purchase Agreement") and has
determined that it would be in the best interest of the City to proceed with acquisition of
the Property pursuant to the Purchase Agreement.
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF BALDWIN PARK
HEREBY RESOLVES AS FOLLOWS:
Section 1. That the City Council of the City of Baldwin Park approves and ratifies
the Purchase Agreement attached hereto as Exhibit "A" in all respects.
Section 2. That the Mayor or his designee is hereby authorized and directed to
execute on behalf of the City the necessary documents and take all other necessary
actions to complete the approved purchase of 14751 Badillo Street in accordance with
the terms and conditions of the Purchase Agreement.
Section 3. That the purchase of the Property will economically stimulate the future
development of the Downtown Baldwin Park area.
Section 4. This Resolution shall become effective immediately upon its approval.
Section 5. The City Clerk shall certify as to the adoption of this City Council
Resolution.
PASSED, APPROVED, AND ADOPTED this 6th day of November 2019.
MANU OZANO
MAYO ..
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS:
CITY OF BALDWIN PARK
I, JEAN M. AYALA, City Clerk of the City of Baldwin Park do hereby certify that the
foregoing Resolution No. 2019-049 was duly adopted by the City Council of the City of
Baldwin Park at a regular meeting thereof held on November 6, 2019 and that the same
was adopted by the following vote to wit:
AYES: COUNCIL MEMBERS: Garcia, Hernandez, Lozano
NOES: COUNCIL MEMBERS: Avila
ABSENT: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEMBERS: Pacheco
JEAN M A
CITY C E K