1960-6217RESOLUTION NO. 6217
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF ANAHEIM AUTHORIZING THE PURCHASE
AND ACQUISITION OF CERTAIN REAL PROPERTY
FOR MUNICIPAL PURPOSES.
Finance
WHEREAS, ALBERT W. GENTRY and MARGARET K. GENTRY,
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 pro-
perty to the City of Anaheim for the sum of 510,000.00 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 real property for municipal purposes, and that
the price which the owners thereof are willing to accept is reas-
onable 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 Albert W. Gentry and
Margaret K. Gentry, husband and wife, to sell to the City of
Anaheim all that real property, situated in the City of Anaheim,
County of Orange, State of California, described as follows,
to wit:
The north 25 feet of the westerly 10 acres of the
southerly 20 acres of Lot 15 of Block "K" of the
Kraemer Tract, as per map recorded in Book 12,
Pages 87 and 88 of Miscellaneous records of
Los Angeles County, State of California;
for the sum of $10,000.00 cash, lawful money of the United
States, be, and the same is hereby, accepted subject to the fol-
lowing terms and conditions:
1. That said property shall be conveyed to the
City of Anaheim free and clear of all encum-
brances except 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;
all taxes and assessments levied or assessed
subsequent to the date the escrow, hereinafter
referred to, is entered into between Buyer and
Sellers;' and all covenants, conditions, restric-
tions, reservations, rights, rights of way and
easements of record.
2. That the taxes on this property shall be
prorated.
BE IT 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 California Bank, Anaheim
Office, Anaheim, California.
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AND BE IT FURTHER RESOLVED that the City Auditor be,
and he is hereby, authorized to deposit in escrow at said Cal-
ifornia Bank $10,000.00 cash, lawful money of the United States,
to be paid to the owners of said real property when a deed con-
veying said property to the City of Anaheim free and clear of
all encumbrances, except as hereinabove set forth, can be re-
corded and a policy of title insurance issued by Orange County
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 9th day of August
ST:
crfli Or C A;=
STATE OF CALIFORNIA
COUNTY OF ORANGE s s
CITY OF ANAHEIM
1960.
E Or ANA1'f
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
9th day of August 1960, by the following vote of the
members thereo���
AYES: COUNCILMEN:
NOES: COUNCILMEN:
ABSENT: COUNCILMEN:
(SEAL)
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Chandler, Coons, Fry, Thompson and
Sclhutte.
None.
None.
AND I FURTHER CERTIFY that the Mayor of the City of
Anaheim approved and signed said resolution on the 9th day
of August 1960.
IN WITNESS WHEREOF, I have hereunto set my hand and
affixed the seal of the City of Anaheim this 9th day of
August 1960.
L
1 Y CLERK OF TEE CIS ANAIi`11