2002 AGN SEPT 17 I07 - Laserfiche WebLink

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Item #7 CITY OF COLTON AGENDA REPORT FOR THE COUNCIL MEETING OF SEPTEMBER 17, 2002 TO: HONORABLE MAYOR AND CITY COUNCIL MEMBERS FROM: AMER JAKHER, P.E., CITY ENGINEER SUBJECT: ACCEPTANCE OF PROPERTY FROM FHJ GENERAL PARTNERSHIP PERSUANT TO PARKLAND EXCHANGE AGREEMENT DATE: AUGUST 27, 2002 BACKGROUND: FHJ General Partnership/Cutting Edge Supply Company and the City of Colton entered into an agreement in April of 2001, a copy of that agreement has been attached for reference. The purpose of that agreement is to exchange properties located on the west side of Veteran's Park north of Congress Street (Assessor's Parcel Numbers 163-221-07 and 163-221-15). This exchange of property requires the reconfiguration of the existing lot lines. ANALYSIS/DISCUSSION: The reconfiguration of the FHJ properties was accomplished by the preparation and recordation of Parcel Map No. 15848. The next step in this process is to exchange deeds transferring property between the parties of that agreement. FINANCIAL IMPACT: There is no financial impact. ENVIRONMENTAL IMPACT: This action does not have an environmental impact. RECOMMENDATION: Staff recommends that Council accept the property from FHJ General Partnership and authorize the recordation of the attached Grant Deed granting title from FHJ Partnership to the City of Colton, and authorize the Mayor of the City of Colton to sign the attached Grant Deed granting title from the City of Colton to FHJ Partnership. Attachments: Parkland Exchange Agreement Grant Deed from FHJ Partnership to the City of Colton Grant Deed from the City of Colton to FHJ Partnership Prepared by: Brian Baden, Engineering Tech R G:\AGENDA REPORTS\091702\brenner deed rpt.doc