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1960-6280RESOLUTION NO. 6280 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIF AUTHORIZING THE EXCHANGE OR CERTAIN PROPERTY OWNED BY THE CITY OF .ANAHEIM FOR CERTAIN PROPERTY OWNED BY MORAGA- FULTON BUILDING COMPANY. WHEREAS, Noraga- Fulton Building Company, a limited partnership, is the owner of the f.Alcving described property situated in the City of .Anaheim, County of Orange, State of California, to wit: -1- Parcel 1: That portion of the Easterly 10.5 acres of the Southwesterly 4 of the Northeasterly of Section 7, Township 4 South, Range 10 West, in the Rancho Los Coyotes, in. the City of Anaheim, County of Orange, State of California, as said Section is shown on map recorded in Book 51, Page 10 of Niscellaneous Maps, in the office of the County Recorder of said County, lying Northerly of the following described line; Beginning at a point in the West line of said Northeasterly 4 distant thereon South 0 East 534.95 feet from the Westerly prolongation of the South line of Tract No. 1161 as per map recorded in Book 36, Pages 145 and 46 of Miscellaneous Naps, in the office of the County Recorder of said County; thence North 88° 34 East8L4,25feet; thence North 1 25'35" West 32.00 feet; thence North 8S°314' 25" East 299.64 feet to the beginning of a tangent curve concave Southwesterly having a radius of 300.00 feet; thence Southeasterly along said curve to the East line of said Southwesterly quarter. Parcel 2: That portion of the Southwesterly quarter of the Northeasterly quarter of Section 7, Township 4 South, Range 10 West, in the Rancho Los Coyotes, in the City of Anaheim, County of Orange, State of California, as said Section is shown on map recorded in Book 51, Page 10 of Miscellaneous Maps, in the office of the County Recorder of said county, lying Northerly of a line that bears North 88 34'25" East from a point in the West line of said Northeasterly quarter distant thereon South 0 °46'50" Eastt534.95 feet from the Westerly prolong- ation of the South line of Tract No. 1161 as per map recorded in Book 36, Pages 145 and 4 of Niscellaneous Maps, in the office of the County Recorder of said County. EXCEPT that portion lying East of the West line of the East 10.50 acres of said Southwesterly quarter. ALSO EXCEPT that portion thereof included within the following: Beginning at the intersection of the West line of said North- east K with the Westerly prolongation of the South line of Tract No. 1161, as per map recorded in Book 36, Pages 45 and 46 of Miscellaneous Naps, in the office of the County Recorder of said County; thence South O°46t50" East 5 34.95 feet along said West line; thence North 88 East 8214.25 feet; thence North 0 West 371.85 feet tc the beginning of a tangent curve concave Southwesterly and having a radius of 200.00 feet; thence Northwesterly 83.10 feet along said curve through a central angle of 2.3"21 to the beginning of a reverse curve concave Northeasterly and having a radius of 200.00 feet; thence Northerly 83.10 feet along said reversecur through a central angle of 23 °L1- 8'24." to a line tangent; thence North 0 46 1 50" West 0.30 feet along said tangent line to the centerline of i oraga Street at the South line of said Tract No. 1161; thence South 88 38 West 810.20 feet to the point of beginning. ALSO EXCEPT the Southerly 32.00 feet of the hereinabove described parcel. AND WHEREAS, The City of Anaheim is the owner of the following described property situated in the City of Anaheim, County of Orange, State of California, to wit: Parcel 1: That portion of the Southeasterly of the Northeasterly 4 of Section 7, Township L South, Range 10 West, in Rancho Los Coyotes, in the City of Anaheim, County of Orange, State of California, as said Section is shown on map recorded in Book 51, Page 10 of Iviscellaneous Naps, in the office of the County Recorder of said County, described as follows: Beginning at a point in the West line of said Northeasterly distant thereon South 0 East 534.95 feet from the Westerly prolongation of the South line of Tract No. 1161 as per map recorded in Book 36, Pages L5 and 46 of Miscel- laneous Naps, in the office of the County Recorder of said County; thence North 88 34'25" East 111 feet; thence North 1 2.5 1 35" West 32.00 feet to the beginning of a curve concave Southwesterly having a radius of 300.00 feet, the radial at the beginning of said curve bearing North 1°25t35" West; thence Southeasterly along said curve 188.65 feet more or less to a point in the West line of said Southeasterly said point being the true point of beginning; thence continuing Southeasterly along said curve 286.10 feet to a line tangent to said curve and parallel with the West line of said Southeasterly thence along said parallel line South 0 45 1 24" East 534.89 feet more or less to the South line of said Northeasterly j; thence along said South line South 89 °22'04 West 126.38 feet more or less to the West line of said Southeasterly thence along said West Line North 0 45 1 24" West 779.27 feet to the true point of beginning. Parcel 2: That portion of the Southwesterly of the Northeasterly of Section 7, Township L;- South, Range 10 West, in the Rancho Los Coyotes, in the City of Anaheim, County of Orange, State of California, as said Section is shown on map recorded in Book 51, Page 10 of Miscellaneous Maps, in the office of the County Recorder of said County, described as follows: Beginning at a point in the West line of said Northeasterly distant thereon South 0 °46'50" East 5311.95 feet from the Westerly prolongation of the South line of Tract. No. 1161 as per map recorded in Book 36, Pages 1.15 and i.6 of Miscellaneous Naps, in the office of the County Recorder of said County; thence North 88 31'25" East 81;_1 feet to the true point of beginning; thence North 0 West 32.00 feet; thence South 88 °34'25" West 27)1 feet; thence South 1 25 1 35" Fast 32.00 feet; thence North 88 °3 L1 1 23" East 273.65 feet to the true point of beginning. AND WHEREAS, the above described property presently owned by the City of Anaheim is separated from other property of the City of Anaheim; and WHEREAS, the property o.i Forage- Fulton Building Company hereinabove described, is contiguous to other property owned by the City of Anaheim, and the exchange of the properties, herein above described, would enable the City to use the property more advantageously; and hHE.REAS, the ltoraga- Fulton Building Company is willing to exchange the above described property awned by it for the above described property owned by the City of Anaheim and the sun of $36,057.08 cash, lawful Loney of the United. States; and WHEREAS, the City Council finds that it would be to the advantage and for the best interests of the City of Ana11ei, and the citizens and residents thereof, to exchange said properties as above set forth, and to pay to Moraga- Fulton Building Company the sun of .$36,057. NOW THEREFORE, BE IT RESOLVED, by the City Council of the City of Anaheim that the property hereinabove described, owned by the City of Anaheim, be exchanged for the property, herein- above described, owned by Noraga- Fulton Building Company, and that the Mayor and the City Clerk be, and they are hereby, authorized and directed to execute a deed conveying said property owned by the City of Anaheir to Ioraga- Fulton Building Company, and to deliver said deed into escrow at the California Bank, Anaheim Office, Anaheim, California, to be delivered to Moraga- Fulton Building Company when a good and sufficient deed has been executed conveying to the City of Anaheim the property herein above described owned by Eoraga- Fulton Building Company, and delivered into escrow at the California Bank, Anaheim Office, Anaheim, California, and when title to said property can be conveyed to the City of Anaheim, free and clear of all encum- brances except covenants, conditions, restrictions, reservations, rights of way and easements of record approved by the City Attorney, and all general and special taxes for the fiscal year 1960 -61, including any special district levies payment of which is included therein and collected therewith; BE IT FURTHER RESOLVED that the City Auditor be and he is hereby authorized to deposit in escrow at said Bank of California the sum of $36,057.08 cash, lawful money of the United States, to be paid to said Noraga-Fulton Building Company at the time the deed, hereinabove mentioned, conveying the property owned by the City of Anaheim is delivered to said Moraga Fulton Building Company. BE IT FURTHER RESOLVED that the grantor of the respective parcels of property shall furnish a policy of title insurance issued by Orange County Title Insurance Company showing ti tle vested in the grantee, free and clear of all encumbrances, except covenants, conditions, restrictions, reservations, rights of way and easements of record; and all general and special taxes for the fiscal year 1960 -61, including any special district levies, payment of which is included therein and collected therewith; and that the policy covering the property vested in the Morale,- Fulton Building Company shall be issued in the amount of $211_,30L.50, and the policy issued to the City of Anaheim shall guarantee title in the amount of $60,361.53; BE IT FURTHER RESOLVED that the City Manager be and he is hereby authorized and directed to sign escrow instructions for and on behalf of the City of Anaheim at the California Bank, Anaheim Office, Anaheim, California, in accordance with the provisions of this resolution. THE FOREGOING RESOLUTION is signed and approved by me this 13 day of September, 1960. Attest: CI LE` O CI 0 ANA STATE OF CALIFORNIA COUNTY OF ORANGE ss. CITY OF ANAHEIM I, DENE M. WILLIAMS City Clerk of the City of Anaheim, do hereby certif tha.the foregoing resolution was passed and o m e adopted at an/r iar meeting of the City Council held on the 13th day of September, 1960, by the following vote of the members thereof: (SEAL) AYES: NOES: COUNCILMEN: Chandler, Coons, Fry, Thompson and Schutte COUNCILMEN: None ABSENT: COUNCILMEN: None AND I FURTHER CERTIFY that the Mayor of the City of Anaheim approved and signed said resolution on the 13th day of September 1960. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the City of Anaheim this 13th day of September 1960. CITY CLERK OF THE CITY OF ANAHEIM. -4-