Loading...
63-0238RESOLUTION NO. 63R- A RESOLUTICN OF THE CITY COUNCIL OF THE CITY OF ANAHEIM AUTHORIZING THE COMPROMISE OF CERTAIN EMINENT DOMAIN LITIGATION. WHEREAS, heretofore, by its Resolution No. 63R -151 the City of Anaheim authorized and directed the initiation of condemnet:"cn proceedings which resulted in the commencement of Orange County Superior Court Case No. 111149, being entitled "City of Anaheim vs. Dyke Water Company, et al."; and. WHEREAS, the defendants to said litigation have offered to compromise the same and have proposed and offered. a Stipula- tion of Facts and "s To Value setting the value of the water system sought to be condemned at $1,891,245.00; and WHEREAS, a copy of said Stipulation of Facts and As To Value is attached hereto and made a part hereof; and WHEREAS, the City Council of the City of Anaheim finds that the sum of $1,891,245.00 is a fair and reasonable amount to be paid for the property condemned. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that the City Attorney be, and he is hereby authorized to settle said litigation for the sum of $1,891,245.00 and to enter into said Stipulation of Facts and As To Value. AND BE IT FURTHER RESOLVED that the Director of Finance be, and he is hereby authorized and directed to deliver to the City Attorney's Office the sum of $1,891,245.00 payable to Title Insurance and Trust Company, Trustee, to be delivered by the City Attorney to the Santa Ana Office of said Title Insurance and Trust Company when Judgment has been entered in favor of the City of Anaheim and against Dyke Water Company in the hereinabove des- cribed action and when said City Attorney holds a Satisfaction of Judgment in said action. THE FOREGOING RESOLUTION is hereby approved and signed by me this 26th day of March 1963. ATTEST: Finance Director MLA OR OF THE CITY' 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 No. 63R -238 was introduced and adopted at a regular meeting provided by law, of the City Council of the City of Anaheim, held on the 26th day of March, 1963, by the following vote of the members thereof: AYES: COUNCILMEN: Chandler, Schutte, Krein and Coons NOES: COUNCILMEN: None AB ABSENT: COUNCILMEN: Dutton AND I FURTHER CERTIFY that the Mayor of the City of Anaheim approved and signed said Resolution No. 63R -238 on the 26th day of March, 1963. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of'Anaheim, this 26th day of March, 1963. (SEAL) cL CIT=K OF THE CITY OF ANAHEIM