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1960-5930RESOLUTION NO. 5930 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM AUTHORIZING THE PURCHASE AND ACQUISITION OF CERTAIN REAL PROPERTY FOR MUNICIPAL PURPOSES. WHEREAS, ROY L. PINA and BETTY RAE PINA, husband and wife, are the owners of the hereinafter described real property situated in the City of Anaheim, County of Orange, State of California; and WHEREAS, said owners have offered to sell said property to the City of Anaheim for the sum of Six Thousand Five Hundred and no /100 Dollars ($6,500.00) cash, lawful money of the United States; and WHEREAS, the City Council does find and determine that public convenience and necessity require the purchase and ac- quisition of said parcel of real property for municipal purposes, and that the price which the owners thereof are willing to accept is reasonable and 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 Roy L. Pina and Betty Rae Pina, husband and wife, to sell said property, situated in the City of Anaheim, County of Orange, State of California, described as follows, to wit: Lot 24 in 'Anaheim Home Tract", as per map thereof recorded in Book 6, Page 3L1, of Miscellaneous Maps in the office of the County Recorder of said Orange County, California. for the sum of Six Thousand Five Hundred and No /100 ($6,500.00) Dollars cash, lawful money of the United States, be, and the same is hereby, accepted subject to the following terms and conditions: 1. Said property shall be conveyed to the City of Anaheim free and clear of all encumbrances except the 2nd half of all general and special taxes for the fiscal year 1959 -60 and all 1960 -61 taxes not yet payable, including special district levies, payment of which is included therein and collected therewith; and all covenants, conditions, restrictions, reservations, rights, rights of way and easements of record. 2. The taxes on this property are not to be prorated. BE JT FURTHER RESOLVED that the City Manager of the City of Anaheim be, and he is hereby, authorized for and on behalf of the City of Anaheim to sign escrow instructions for the purchase of said real property and to enter into an escrow with the owners of said property at Keystone Savings and Loan Association, 312 W. Center Street, Anaheim, California. -1- AND BE IT FURTHER RESOLVED that the City Auditor be, and he is hereby, authorized to deposit in escrow at said Keystone Savings and Loan Association Six Thousand Five Hundred and no /100 Dollars ($6,500.00) cash, lawful money of the United States, to be paid to the owners of said real property when a deed conveying said property to the City of Anaheim free and clear of all encumbrances, except as hereinabove set forth, can be recorded and a policy of title insurance issued by a reputable title company, showing said property vested in the City of Anaheim as hereinabove specified. AND BE IT FURTHER RESOLVED that the sellers shall pay the usual and customary sellers' charges for furnishing a policy of title insurance necessary to show title vested in the City of Anaheim, as herein provided, and that the City of Anaheim shall pay the usual buyer's charges in the purchase of said property.. THE FOREGOING RESOLUTION is approved and signed by me this 12th day of April, 1960. AT ST: CI LE'K 0 HE 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 was passed and adopted at a regular meeting of the City Council held on the 12th day of April, 1960, by the following vote of the members thereof: AND I FURTHER CERTIFY that the Mayor of the City of Anaheim approved and signed said resolution on the 12th day of April, 1960. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the City of Anaheim. this 12th day of April, 1960. (SEAL) AYES: COUNCILMEN: Coons, Fry, Pearson, Thompson and Schutte. NOES: COUNCILMEN: None. ABSENT: COUNCILMEN: None. -2- (1 MAYOR 0 THE CI Y OF MA ANAHEIM CIT CLERK OF THE CITY OF ANAHEIM