HomeMy WebLinkAboutResolutions - No. 2001-162RESOLUTION NO. 2001-162
A RESOLUTION OF THE LODI CITY COUNCIL APPROVING THE
AGREEMENT WITH GFLIP III, L.P., A CALIFORNIA LIMITED PARTNERSHIP,
FOR THE PURCHASE OF CITY -OWNED PROPERTY WEST OF AND
ADJACENT TO 1255 SOUTH BECKMAN ROAD, AND APPROPRIATE FUNDS
FOR THE REIMBURSEMENTS TO BE CREDITED AGAINST THE
PURCHASE PRICE OF THE PROPERTY
BE IT RESOLVED, that the Lodi City Council approves an agreement with
GFLIP III, L.P., a California Limited Partnership, for the purchase of City -owned property
west of and adjacent to 1255 S. Beckman Road and directs the City Manager and City
Clerk to execute the agreement on behalf of the City; and
BE IT FURTHER RESOLVED, that the Lodi City Council appropriates $2,540.00
from the Development Impact Mitigation Fees (Streets -Local) for the reimbursement to
be credited against the purchase price of the property.-
Dated:
roperty.
Dated: June 20, 2001
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I hereby certify that Resolution No. 2001-162 was passed and adopted by the
City Council of the City of Lodi in a regular meeting held June 20, 2001, by the following
vote:
AYES: COUNCIL MEMBERS — Hitchcock, Howard, Land, Pennino and
Mayor Nakanishi
NOES: COUNCIL MEMBERS — None
ABSENT: COUNCIL MEMBERS — None
ABSTAIN: COUNCIL MEMBERS — None
SUSAN J. BLA STON
City Clerk
2001-162