66-062
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RESOLUTION NO. 66R- 62
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF ANAHEIM APPROVING AND AUTHORIZING
Tllli EXECUTION OF AN AGRE~MENT BETWEEN THE
CITY OF ANAHEIM AND SOUTH.I!:RN cALIFORNIA
WATER COMPANY .t:XTENDING THE TERM OF A
CBRTA~N OPTION AGREEMENT. .
WHERKAS, on the 15th day of January, 1963, the City
of Anaheim and Southern California Water Company did enter
into an option agreement under which the City was granted the
option to purchase said Water Company's property; and
WHEREAS, under said agreement, said option was
scheduled to expire on January 1, 1966; and
~S, by letter dated December 23, 1965 the
expiration date of said option was extended to March 31, 1966;
and
WHEREAS, the circumstances of said Water Company and
the City are such that it is not in the best interests of either
to change the status quo with respect to the' circumstances
surrounding the option; and
WHEREAS, it is in the best interests of both the said
Water Company and the City to extend further the time within
which the City may exercise its option to purchase the facili-
ties of said Water Company; and .
WHEREAS, an Option Agreement ~xtension has this day
been submitted to the City Council to be made .and entered into
between the City and Southern California Water .Company extend-
ing.the time within which the City may exercise its option to
December 31, 1968, which agreement the City Council finds to be
satisfactory and should be approved.
NOW, THEREFORE BE IT llliSOLVED by the City Council
of the City of Anaheim that the Option Agreement Extension this
day submitted to the City Council to be made and entered into
by and between the City and Southern California Water Company,
extending the time within which the City may exercise its
option to purchase the facilities of Southern California Water
Company to December 31, 1968, upon the terms and conditions
therein set forth, be and the same is hereby approved..
BE IT FUl~THER 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.
THE FOREGOING RESOLUTION is approved and signed by
me this 25th day of January, 1966.
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~ST:
~~A-~~IM
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STATE OF CALIFORNIA )
COUNTY CF ORANGE ) ss.
CITY OF ANAHEIM ).
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I, DENE M. WILLIAMS, City Clerk of the City of Anaheim,
do hereby certify that the ~regoing Resolution No.. 66R-62 was
introduced and adopted at a regular meeting provided by law, of the
City Council of the City of Anaheim, held on the 2Qth day of
January, 1966, .,by the felllowing vot-e of the members the!.eoh
AYES r COUNC IpEN r
NOESr COUNCILMENI
ABSTAINEDr COUNCILMENr
ABSENTr COIK:ILMENr
Dutton, Schut~e, Chandler and Krein
None
Pebley
None
AND I .fURTHER CERTIFY that the Mayor of the City of
Anaheim approved and signed said Resolution ~o. 66R-62 on the
25th day of January, 1966. .
. IN WITNESS WHEREOF, I have hereunto set my hand and
affixed the 'official seal of the City of Anaheim this 25th day
of January, 1966.
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CI . CLERK' OF THE CITY OF.. ANAHEIM
_ (S_Ef\L)
!.
I; DENE M. WILLtAM~, City Clerk of the City of Anaheim,
do hereby certify that the foregoing is the original of Resolution
No. 66R-62 duly passed and adopted by the Anaheim City Council on
_janua~.y -25', 1966!,..." . l' "
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)n. ~~ _'-n__~~
CITY CLERK
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