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70R-105 - ~..."......,...._..",,-- RESOLUTION NO. 70R- 105 A RESOLU~ION OF THE CITY COUNCIL OF THE CITY OF ANAHE~M, APPROVING AND AUTHORIZING THE EXECUTIO~ OF A LEASE BETWEEN A. F. SCHROEDER AND LOUI~E SCHROEDER AS LESSORS AND THE CITY OF ANAHE~M AS LESSEE, AND AUTHORIZING PAYMENT OF RENTAL. WHEREAS, .the City of Anaheim has heretofore exercised its option to purcijase 9.57 gross acres of land adjacent to the Convention Center trom the Schroedersi and WHEREAS, in connection with the exercises of said option, it is the desire o~ the Schroeders that the property be leased to the City of Anahei~ until such time as the City property facing on Harbor Boulevard is developed by the CitYi and WHEREAS, the City Council finds that it is in the best interests of the city to exercise its option of purchase by means of this lease agreement to which reference has been made; and WHEREAS, the annual lease payments of $47,500.00 repre- sent a fair and re.sonable lease payment until such time as the property is purcha$ed by the City of Anaheim. NOW, THE1mFORE, BE IT RESOLVED by the City Council of the City of Anahei~ that the lease agreement tendered to the City of Anaheim by A. F. Schroeder and Louise Schroeder to be made and entered into between the parties covering the following described property be, and the same is hereby approved. Said property is described as that certain real property situated in the City of Anaheim, County of Orange, State of California, described as follows: The West half of the South half of the Northwest quarter of the Northwest quarter, Section 27, Township 4 South, Range 10 West, partly in the Rancho Las Bolsas and partly in the San Ju~n Cajon de Santa Ana, all in the City of Anaheim, County of Orange, State of California, as per map recorded in Book 51, page 10 of Miscellaneous Maps in the Office of the County Recorder of said County. BE IT FURTHER RESOLVED that the Mayor and City Clerk be, and they are hereby authorized, to execute said agreement for and on behalf of the City of Anaheim. AND BE IT FURTHER RESOLVED, that the Finance Director be, and he is hereby authorized and directed to draw a warrant of the City of Anaheim in favor of A. F. Schroeder and Louise Schroeder in the amount of $47,500.00 for the first annual rental and deliver the same to the Office of the City Attorney for transmittal. -1- THE FOREGOING 24th day of RESOLUTION is approved and signed by Febr1f~:~ ~~ me this ATTEST: ,~~ )t.)~ CIT CLERK OF THE CIT . OF ANAHEIM STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF ANAHEIM ) I, DENE M. WILLIAMS, City Clerk of the City of Anaheim, do hereby certify that the foregoing resolution was passed and adopted at a regular meeting of the City Council held on the 24th day of February , 19 70 , by the following vote of the members thereof: AYES: COUNCILMEN: Dutton, Krein, Schutte, Pebley and Clark NOES: COUNCILMEN: None ABSENT: COUNCILMEN: None AND I FURTHaR CERTIFY that the Mayor of the City of Anaheim approved and signed said resolution on the 24th day of February , 19~. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the City of Anaheim this 24th day of February , 19~. ~~. V~~ CIT CLE OF THE CITY OF ANAHEIM ( SEAL) I, DENE M. WILLIAMS, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the original of Resolution No. 70R-10S duly passed and adopted by the Anaheim City Council on Feb- ruary 24, 1970. ~)r~ City Clerk -2- JHD/ms-2-25-70 """"'-'''''''''-"'''''''''''-'''"'''''''''-''-~ '--C'.'""'-'O'''''''''.'''_'.''''''''''''"'"'_'' ."_.,~."..-,,,_...,_......_~__.~..