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HomeMy WebLinkAboutResolutions - No. 2951RESOLUTION NO. 2951 RESOLUTION FIXING PUBLIC 'SEARING FOR EXCHANGE OF PROPERTIES LYING WITHIN PARXING DISTRICT NO. 1, LCDI WHEREAS, the City of Lodi has received 2 proposal from the Bank of America N.T. & S.A. whereby said bank has offered to ex- change that certain real property now owned by the City for Parking District No. 1 and used for parking purposes described as follows: Lot 7, Block 9, City of Lodi, according to the Official Nap or Plat thereof, filed for record August 25, 1869, in Volume 2 of Maps and Plats, page 12, San Joaquin County Records. for the parcel adjacent thereto which will be deeded by the said Bank of America N.T. 3 S.A., described as follows: Lot 8, Block 9, City of Lodi, according to the Official Ilan or Plat thereof, filed for record August 25, 1869, in Volume 2 of Maps and Plats, page 12, :pan Joaquin County Records; and WHEREAS, said property to be acquired by the City in exchange for the property nox owned by the City is proposed to becoce a part of the off-street parking enteqrise identified in Lodi City Council Resolution No. 2099, A Resolution Providing for the Issuance of Bonds, Providing Covenants for the Protection of the Bonds and for the Pledge of Parking Revenues and Levy of Annual Ad Valorem Assessments to Pay the Principal and Interest Thereof, Parking District No. 1, adopted by the Lodi City Council on Feb- ruary 19, 1958, and said property shall be improved, operated, maintained and managed by the City as part of said enteqrise in the same manner as all other lots acquired 2nd improved in the Proceedings conducted pursuant to Resolution of Intention No. 1944, adopted July 18, 1956. WHEREAS, tie City Council is desirous of setting 2 tine and 1 9.5 - I place for 2 public hearing to deternine whether the public interest, necessity and needs of said Lodi Parking District To. 1' would, in any way, be prejudiced by the proposed exchange. ?OId, THEREFORE, BE IT RESOLVED, by the City Council, City of Lodi, that Wednesday, the 6th day of July, 1966, at the hour of 6:00 o'clock P.II. of said :ay, at the regular meeting place of said Council, Council Chambers, City ?all, Lodi, California, are the time and place fixed for a public hearing on the question of whether the public interest, necessity and needs of Lodi Parking District 7o. 1 no loner recuire the use of said Lot 7, Block Y, as shown on the I•Iao of City of Lodi and that tie exchange and acquisition of Lot 6, 31ock 9, as shown on the 2 -lap of City of Lodi will substantially satisfy tie needs, -2u-olio use and_ requirements of Lodi Parking' District No. 1, and whether the ex -- change of properties with the Ban of America, L. ,?% S. A. as hereinabove outlined should be Consummated. BE ILTIRTBER RESOLVED, that all persons interested in the consurzmation of the proposed exchange nay be heard either in person, by agent or in writing; and BE IT FURTHER 2E30LTED that the City Clerk is hereby directed to give notice of said bearing by aublishing a copy of this Resolution on e in the Lodi News -Sentinel, at least ten days before said hearing. I hereby certify that the foregoing resolution was duly and regularly adopted and passed by the City Council of the City of Lodi, California, at a regular meeting thereof held on the 15th -'ay of June, 1966, by the following vote: 2 AYES, and in favor thereof, Councilmen: FRED M. BROWN, JAMES F. CULBERTSON, ROBERT HUNNELL, and GENE G. WALTON. NOES, Councilmen: NONE. ABSENT, Councilmen: JVD KIRSTEN. �j City Cierk of t 3