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56R-3587 - RESOLUTION NO. 3587 r A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM AUTHORIZING THE PURCHASE AND ACQUISITION OF CERTAIN REAL PROPERTY HEREIN- AFTER DESCRIBED FOR PUBLIC PURPOSES. t ion, is situated WHEREAS, Dream Homes, Inc., a California Corpora- the owner of the hereinafter described real property in the County of Orange, state of California; and WHEREAS, said owner has offered to sell said prop- erty, together with the well, pump and all equipment situated thereon for the sum of $3800.00; and WHEREAS, Dream Homes, Inc., the owner of said prop- erty, is or will become indebted to the City of Anaheim in the near future by reason of charges of the City for water meters, reservoir storage charges and off-site sewer charges in connection with Tract No. 2878, in the approximate sum of $5400.00; and WHEREAS, said owner has offered to convey said property to the City of Anaheim and accept therefor a credit and set-off in the amount of $3800.00 against the sum which is or shall become due and payable to the City by said owner for water meter charges, reservoir storage charges and off- sIte sewer charges in connection with Tract No. 2878; and WHEREAS, the City Council does find and determine that public convenience and necessity require the purchase and acquisition of said real property hereinafter described, together with the well, pump and all equipment situated there- on, and that the offer of said owner to sell and convey said property to the CIty of AnaheIm and accept tffirefor a credit and off-set in the amount of $3800.00 against the sum which is or shall become due and payable to the City, as herein- above set forth, is fair and reasonable, and that the price of $3800.00 is not out of proportion to the fair market value of said property. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that the offer of Dream Homes, ~nc., a California Corporation, to sell, transfer and convey the property situated in the City of Anaheim, County of Orange, State of California, described as follows, to wit: Lot 28 of Tract No. 2878, as per map recorded in Book 92 at Pages 33 and 34 of Miscellaneous Maps of the Records of Orange County, Cali- fornia, r- together with all appurtenances, the pump and all pumping equipment situated thereon, and accept therefor a credit and set-off in the amount of $3800.00 against tho sum which is or shall become due and payable to the City by said Dream Homes, Inc. for charges by the City for water meters, reser- voir storage charges and off-site sewer charges in connec- tion with Tract No. 2878, be, and the same is hereby, accepted subject to the following conditions: -1- 1. All general aTH] special taxes for the fiscal year IS57-1958. 2. All covenants. conditions. restrictions, reservations, rights, rights-of-way and easements of record. BE IT FURTHER RC:SOLVED that the Mayor and the City ClerJ~ be, and they are hereby, authorized to enter into an agreement with Dream Homes, Inc. for the purchase of the property her2inabavc described, upon the terms and conditions herein set forth, when a deed conveying said property to the City of Anaheim. frEe anel clear o~' all encumbrances except as hereinabove set forth, is delivered to the City, and a policy of title insurance can be issued by a reputable title company showir.g sa iei property vssted in t.he Ci ty of Anahe im free and clear of all encumbrances, except as hereinabove spec if led. AND BE IT F'URTHER t~FSOLVED that. Dream Homes, Inc. shall pay the charges for furnishing a policy of title insurance necessary to show title vested in the City of Anaheim as herein provided. THEF'ORECtOING RESOLUT ION is approved and signed by me this 27th day of November, lq56. '(~t!~.-J1i"- y /' .~ Y /-"L_,,- BAYOR Of THE Cr'TY Of ANAHEIM. ATTEST: ~hy ^CLER~/6f T~E CITY"~; ANAHE 1M STATE OF CALI"'ORNIA ) COUNTY OF ORANGE ) ss. CITY or: ANAHE 1M ) I, 1JENE " . I'NILLlAi~'lS, City Clerlr of the City of Anaheim, do hereby certify that the foregoing resolution was introduced and adopted at a regular meeting provided by law, of the City Council of the City of' Anaheim, held en th~ 27th day of November, IS56, by the following vote: NO:::S: COUNCILMEN: Pearson. Coons. Fry, Schutte and Wisser. COUNCILMEN: None. AYES: ABSENT: COUNCILMEN: None. AND 1 FUFTHER CERTIFY that the LiIayor of the City of Anaheim approved and signed said resolution on the 27th day of November, 1956. "",,'" IN WITKESS WHEREOF, I have hereunto set my hand an~ affixed the official seal of the City of Anaheim this 27th day of November, 1956. .tt.-:;,......~ J<(" c' ,-":..1/ ,r .r.A' .L:,.L -eL--";/:J>- <..-1<- CITY CLERK~OF THE CITY OF ANAHEIM. (SEAL) -2-