Common Contracts
1 similar Land Exchange Agreement contracts
CONSIDER A LAND EXCHANGE AGREEMENT BETWEEN THE STATE OF CALIFORNIA, ACTING BY AND THROUGH THE STATE LANDS COMMISSION, AND THE CITY OF SAN DIEGO, BOTH AS A TRUSTEE AND A MUNICIPALITY, OF CERTAIN LANDS IN MISSION BAY, CITY OF SAN DIEGO, SAN DIEGO COUNTYLand Exchange Agreement • October 14th, 2011
The parties to the proposed Land Exchange Agreement (Agreement) are the State of California (“State”), acting by and through the California State Lands Commission (“Commission”), the City of San Diego (“City”), both as trustee pursuant to, inter alia, Chapter 142 of the Statutes of 1945, as amended by Chapter 1455, Statutes of 1955, and as a municipality. The Agreement will effectuate a land exchange, terminating the State’s sovereign public trust interests in a certain filled parcel (“Trust Termination Parcel”) and conveying the Trust Termination Parcel to the City in exchange for acquiring three unfilled parcels and impressing those parcels with the Public Trust (“Public Trust Parcels”). The location of the Public Trust and Trust Termination Parcels are depicted on Exhibit A.
