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CC - 1969 - 15 - Acquisition of Certain Parcel of LandCITY OF ROSEMEAD RESOLUTION NO. 69-15 A RESOLUTION OF THE CITY COUNCIL 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: Parcels 247, Units 2 and 4, 7-LA-60-8.7, located at the Northeast Corner of San Gabri6l 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 competitive bidding, providing that the price of said property to City 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: Section 1. That the City of Rosemead proposes to acquire the move-designated parcel from the State Division of Highways, for public purposes, not for resale, 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. 1969. ATTEST: PASSED, APPROVED AND ADOPTED this 11th day of March, YO OF THE CITY OF ROSEMEAD CITY CLERK