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1961-7063RESOLUTION NO. 7063 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, ANTONIO TORRES and MARGARET TORRES, 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 $10,000.00 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 acquisition 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 Antonio Torres and Margaret Torres, 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: Lot 24 of Mary A. Goodman Tract as shown on a map recorded in Book 7, Page 21 of Miscellaneous Maps, in the Office of the County Recorder of Orange County, 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 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, 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, restrictions, reservations, rights, rights of way and easements of record approved by the City Attorney. 2. That the Sellers shall pay that portion of the taxes for the fiscal year 1961 -62 on subject property from July 1, 1961, to date the deed to the City of Anaheim is recorded. -1- 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 th City Auditor be, and he is hereby, authorized to deposit in escrow at said United California Bank $10,000.00 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 Title Insurance and Trust Company, 800 North Main Street, Santa Ana, California, 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 18th day of July, 1961. ATTEST: l T CLER OF ntt CITY OF A mu= STATE OF CALIFORNIA CU J NTY OF ORANGE s s 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 18th day of July, 1961, by the following vote of the members t iei'eof: (SEAL) H CITY 0 ANA EIM 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 18th day of July, 1961, IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the City of Anaheim this 18th day of July, 1961. —2—