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CC Resolution 1991-075^#? II RESOLUTION NO. 91-75 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA APPROVING THE ACQUISITION OF CERTAIN REAL PROPERTY WHEREAS, the City of La Quinta the City") desires to purchase real property described in the attached Grant Deed Exhibit 1'A") for an amount equal to Sixty Thousand Dollars $60,000) in order to complete a street widening and improvement project; NOW, THEREFORE, the City Council of the City of La Quinta does hereby find, determine, order and resolve as follows: Section 1. The approval and execution of the Agreement Exhibit A") for the acquisition of the property is exempt from CEQA pursuant to Section 15061(b)(3) of the State CEQA Guidelines. Section 2. The City Council finds and determines based upon the staff report presented with respect to the value of the property, that the purchase price of Sixty Thousand Dollars $60,000) to be paid by the City is a fair market value for the subject property. Section 3. The City Council hereby approves the acquisition of the subject property and authorizes and directs the City *anager to execute all necessary documents in order to acquire said property. PASSED, APPROVED and ADOPTED this 21st day of October, 1991. AYES: Council Members Bohnenberqer, Franklin, Rushworth, Sniff & Mayor Pena NOES: None ABSENT: None ABSTAIN: None John ena, yor A ST: aundra L. Juh a, City Clerk City of La Quinta, California APPROVED AS TO FORM: * * Dawn Honeywell, Ci*y Attorney Stradling, Yocca, Carlson, Rauth BIB] 07-31-1998-U01 10:39:26AM-U01 ADMIN-U01 CCRES-U02 91-U02 75-U02