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HomeMy WebLinkAboutResolution of Intent - 1975I • " RESOLUTION OF INTENTION TO EXCHANGE THE PROPERTY OF THE HERMOSA BEACH CITY SCHOOL DISTRICT WITH PROPERTY OF THE CITY OF HERMOSA BEACH AND PRESCRIBING THE TERMS THEREOF. RESOLVED by the GOVERNING BOARD OF THE HERMOSA BEACH CITY SCHOOL DISTRICT of Los Angeles County, State of California, that WHEREAS the Hermosa Beach City School District is the owner of certain real property hereinafter described, which property is not needed for school classroom buildings by the District, and the City of Hermosa Beach is the owner of certa~n real property hereinafter described and WHEREAS it appears to be in the best interest of the District that said property be exchanged for said property of the City of Hermosa Beach, pursuant to Section 16201 et seq. of the California Education Code. NOW, THEREFORE, it is hereby found, determined and ordered: 1. That this Board authorize execution of the Agreement for Exchange of Real Property of the Hermosa Beach City School District for Real Property of the City of Hermosa Beach as set forth and described in Exhibit "A" attached to this Resolution, at the first regular meeting of this Board following publication of this Resolution pursuant to Education Code Section 16203. 2. That the terms and conditions of said exchange of real property auth­ orized by this Resolution a.re as set forth in Exhibit 11A11 attached hereto; and 3. That the District Superintendent is hereby directed to cause a copy of of this Resolution, together with the attached Exhibit "A11 , to be published in accordance with the provisions of Section 16203 of the Education Code. Unanimously passed and adopted at the regular meeting of the Governing of the Hermosa Beach City School District on March 17, 1975 at Hermosa Beach, California. Publish Dates: March 20, 1975 March 27, 1975 April 3, 1975 GOVERNING BOARD OF THE HERMOSA BEACH CITY SCHOOL DISTRICT OF LOS ANGELES COUNTY - EXHIBIT "A" Legal Description: Property of the Hermosa Beach City School District to the City of Hermosa Beach Lots 7, 8 , 9, 10, and 11 of Block 131 , and lots 23, 24, 25,26,27, 28, 29, and 30 of Block 130 of the Shakespeare Tract in the City of Hermosa Beach, County of Los Angeles, State of California, recorded in Book 16789 , Page 29 of the records of Los Angeles County. Property of the City of Hermosa Beach to the Hermosa Beach City School District Lots 19 and 20 of the Hermosa Garden Tract, in the City of Hermosa Beach, County of Los Angeles, State of California, recorded in Book 10, Page 65 of the records of Los Angeles County; and the vacated Seventeenth Street from its intersection with Valley Drive to its intersection with Valley Park Avenue , in the Ci ty of Hermosa Beach, County of Los Angeles, State of California. condition: * The Hermosa Beach City School District retains the ri ght to use said pr op erty exchanged to the City of Hermosa Beach for school purposes. Any further development of said property should be by mutual agreement. The district will effect a grant deed of a fee simp l e determinable with the possi.bility of reverter so that if the property is not used as parks, that the property is automatically reverted back to the school district. * The above condition was moved, seconded, and adopted by the Herrr.osa Beach Governing noard at their regular meeting of May 19, 1975.