HomeMy WebLinkAboutCC Res 3537 1985-10-28
RESOLUTION NUMBER .!JS3 7
.
I
A RESOLUTION OF THE CITY OF SEAL BEACH,
CALIFORNIA DIRECTINS THE RETURN OF
ENCUMBERED IN-LIEU PARK FEES TO
LEISURE WORLD (PRESLEY PROJECT)
THE CITY CDUNCIL OF THE CITY OF SEAL BEACH DOES HEREBY RESOLVE:
WHEREAS, on October 2, 19BO, Presley of California paid to the City
of Seal Beach, under the auspices of Section 66477 of the
California Sovernment Code, $138,298 for recreational facilities;
and
WHEREAS, on June 28, 1982, the City Council of the City of Seal
Beach encumbered said funds in a special trust fund; and
WHEREAS, on October Z, 19B5, the five year period has elapsed and
these monies must be returned to the present recorded owners
pursuant to Section 66477(f) of the California Sovernment
Code.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City
of Seal Beach hereby returns to the present recorded owners of the
original Presley of California project, now known as Mutual 17, the
$138,298, plus interest earned.
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PASSED, APPROVED and ADOPTED by the Se~~,Beach Cit
regular meeting thereof he on the D?~ day of
1985 by the following vot
AYES: Councilmember
NOES: Councilmembers
ABSENT: Councilmembers
ATTEST:
STATE OF CALIFORNIA)
COUNTY OF ORANGE ) SS
CITY OF SEAL BEACH )
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I, Joanne M. Yeo, City Clerk of the City of Seal Beach, California, do
hereby certify that the ~regOin9 resolution is the original coPy of
Resolution Nu~ber ~~~ on file in the office of the City Clerk,
passe approved and adopted by the City Council of the City of Seal
Bea a regula meeting thereof held on the ~~ day of
, 1985.