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HomeMy WebLinkAboutResolution No. 1377 21121 RESOLUTION NO.J 7fr A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY AUTHORIZING THE ACQUISITION OF CERTAIN RIGHTS OF WAY ON IMPERIAL HIGHWAY AND PARAMOUNT BOULEVARD WHEREAS, in order to complete the widening of Imperial Highway easterly of Paramount Boulevard, and Paramount Boulevard northerly of Imperial Highway, it is necessary to acquire additional right of way; and WHEREAS, appraisals have been submitted by a qualified appraiser; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE AS FOLLOWS: SECTION 1. The Director of Public Works is hereby authorized to open an escrow account for the acquisition of right of way on the northeast corner of Imperial Highway and Paramount Boulevard in the amount of $32,700.00. SECTION 2. The City Council of the City of Downey does hereby agree to pay in addition to the cost of acquisition of right of way, the cost of pavement on Imperial Highway and Paramount Boulevard. SECTION 3. The City of Downey shall be obligated to pay all escrow costs. SECTION 4. The taxes shall be pro -rated between the City of Downey and the Seller. SECTION 5. The Director of Public Works is hereby authorized to ,0"-■ sign the escrow instructions. SECTION 6. The City Clerk shall certify to the adoption of this resolution. APPROVED AND ADOPTED this 8th day of June, 1964. ?h 11761.4sielA Mayor AT ST: /- Cit Clerk I HEREBY CERTIFY that the foregoing resolution was adopted at a reg� lar meetin :. .f the City Council of the City of Downey held on the day of , 1964, by the following vote, to wit: AYES: • Councilmen £ I`, A '�'��'��'` i NOES: Councilmen: r ABSENT: Councilmen: la-ct A City Cler