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CC - 1968 - 092 - Parcel of Land from State Division of Highwaysi i CITY OF ROSEMEAD RESOLUTION NO. 68.-92 A RESOLUTION OF THE CITY..000NCIL OF THE. CITY OF ROSEMEAD REGARDING THE ACQUISITION OF A CERTAIN PARCEL OF LAND FROM THE STATE DIVISION OF HIGHWAYS WHEREAS, the following-described real property: Portion of Lot 55, Tract 701, Map Book 16,, which is known as State Parcel'239 on Route 60 (Pomona Freeway), located at the Southwest corner of San Gabriel Boulevard and the Pomona Freeway; is needed by the City of Rosemead for public purposes of the City of Rosemead; and WHEREAS, the City of Rosemead proposes to acquire this property by direct purchase from the State, at the property's fair market value, without eompctitive bidding, providing that the price of said property to:.Gity is acceptable to the City Council of the City of Rosemead. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ROSEMEAD AS FOLLOWS: Sect iogn'1. . That the City of Rosemead proposes to acquire the aove-designated parcel friwn.The State Division of Highways, for public purposes of the City of Rosemead, at the fair market value of said property, providing that the purchase price for said parcel is first approved by the City Council of the City of Rosemead. PASSED, APPROVED AND ADOPTED THIS 24TH day of September, 1968. ATTEST: