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HomeMy WebLinkAbout1981-05-28 - Resolution No. 81-04• RESOLUTION NO. 81-04 RESOLUTION OF THE BOARD OF DIRECTORS OF THE YORBA LINDA COUNTY WATER DISTRICT REGARDING SALE OF DISTRICT PROPERTY ON OLINDA STREET WHEREAS, The Board of Directors of the Yorba Linda County Water District has determined that the property at 4866 Olinda Street in Yorba Linda is excess to the district needs, and WHEREAS, said building at 4866 Olinda Street is one of the oldest buildings in Yorba Linda, and WHEREAS, said building at 4866 Olinda Street is also the first school house in Yorba Linda, and WHEREAS, the District has tried for approximately ten years to rent, lease or otherwise make some use of the building, and WHEREAS, THE Board of Directors felt that the building should be saved for historical purposes, and WHEREAS, AN OFFER WAS MADE by the Board of Directors of the YLCWD to the group known as the library and museum committee as a gift of the building if they could find a location for said building, and WHEREAS, letters have been received from residents favoring the building as a historical building and urging the District to seek assistance in keeping that desire uppermost in any plans, and WHEREAS, an offer has been made to the District to purchase the property and return it to its original state, incorporating in it a ute for the Yorba Linda Museum and Historical Society in the plans, and WHEREAS, the District Board of Directors has received an Appraisal from a Licensed Appraiser, giving the fair market value of the property as $65,000, NOW THEREFORE, BE IT RESOLVED: The Board of Directors of the YLCWD finds that the property at 4866 Olinda Street in Yorba Linda is excess to the District needs, • 2. That the Board of Directors accepts the offer of Dr. J. A. Emery in the amount of $65,000.00 for the outright purchase of the property at 4866 Olinda Street, entering into a 90 day escrow , with the District's attorney to handle the details of the transaction. 14 Passed and adopted this 48' day of A4.eme-_1981 by the following called vote: Ayes: Directors Clodt, Korn, Cromwell and J(indow Noes: none Absent: Director Knauft ATTEST: GSecretary Yji-,-- President