1961-6782RESOLUTION NO. 6782
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF ANAHEIM AUTHORIZING THE PURCHASE AND
ACQUISITION OF CERTAIN REAL PROPERTY FOR
MUNICIPAL PURPOSES.
Acc't Officer
R/W
WHEREAS, PAUL FREDERIC° and PAULINE FREDERICO, 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 $21,825.00 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 acqui-
sition of said 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 Paul Frederico and Pauline
Frederico, 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:
Lots 54, 55 and 56 Block "E" of Hotel Del
Campo Tract as per map recorded in Book 24
Pages 69 and 70 of Miscellaneous Records
of Los Angeles County, California;
for the sum of $21,825.00 cash, lawful money of the United States,
be, and the same is hereby, accepted subject to the following
terms and conditions:
1. That said property shall be conveyed to the
City of Anaheim free and clear of all
encumbrances EXCEPT all general and special
taxes for the fiscal year 1961 -62, a lien
not yet payable; 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, restrictions,
reservations, rights, rights of way and
easements of record approved by the City
Attorney.
2. That the escrow to be entered into by the
Sellers and the City for the purchase and
sale of said property, shall not be closed
prior to June 15, 1961, unless written
instructions to the contrary, signed by
both the Sellers and the Purchaser, are
issued to the escrow holder.
3. That the Sellers shall have the privilege of
retaining possession of the above described
property after the close of escrow to August 1,
1961, by paying rental of $50.00 per month
from close of escrow to August 1, 1961, said
rental to be paid monthly in advance.
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BE IT FURTHER RESOLVED that the City Manager and the
City Attorney of the City of Anaheim be, and either of them 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 United California Bank, Anaheim Office, Anaheim, California.
AND BE IT FURTHER RESOLVED that the City Auditor be,
and he is hereby, authorized to deposit in escrow at said
United California Bank, $21,825.00 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
Security Title Insurance Company, 825 North Broadway, Santa
Ana, California, showing said property vested in the City of
Anaheim as hereinabove specified.
AND BE IT FURTHER RESOLVED that the Buyer shall pay
all escrow fees in the purchase of said property, including
the charges for furnishing a policy of title insurance necessary
to show title vested in the City of Anaheim, the U. S. Internal
Revenue stamps regi-ired to be affixed to the deed, etc.
THE FOREGOING RESOLUTION is approved and signed by
me this 4th day of April, 1961.
ATTEST:
(SEAL)
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 4th
day of April, 1961, by the following vote of the members thereof:
AYES: COUNCILMEN: Chandler, Coons, Fry, Thompson and Schutte
NOES: COUNCILMEN: None
ABSENT: COUNCILMEN: None
AND I FURTHER CERTIFY that the Mayor of the City of
Anaheim approved and signed said resolution on the 4th day of
April, 1961.
IN WITNESS WHEREOF, I have hereunto set my hand and
affixed the seal of the City of Anaheim this 4th day of April,
1961.
CL RK OF THE CITY Or ANAHEIM