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1962-0094RESOLUTION NO. 62R -94 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM AUTHORIZING THE SALE OF CERTAIN REAL PROPERTY AND AUTHORIZING THE EXECUTION OF A CONVEYANCE THEREOF. Finance Dir R/W WHEREAS, the City of Anaheim is the owner of the herein- after described property; and WHEREAS, said real property is no longer needed for municipal purposes; and WHEREAS, VISTA FURNITURE COMPANY, a California corpora- tion, has offered to purchase said real property for the sum of $2,000.00 cash, lawful money of the United States, to be de- posited in escrow at United California Bank, Anaheim Office, Anaheim, California, and paid to the City at the close of escrow; and WHEREAS, the City Council finds that it is for the benefit and best interest of the City of Anaheim to% accept said offer and sell and convey said real property to said Vista Furniture Company upon the terms and conditions hereinafter specified. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that the offer of Vista Furniture Company, a California corporation, to purchase the following described property situated in the City of Anaheim, County of Orange, State of California: That parcel of land being a portion of the land owned by the City of Anaheim, being a portion of the West half of the Southeast quarter of Section 3, Township 4 South, Range 10 West, S.B.B. M., described as follows: Commencing at the center line intersection of Olive Street and Juliann Street, as said intersection is shown on a Record of Survey Map filed in Book 55, Page 24 of Record of Surveys in the office of the County Records of Orange County, California; thence along the center line of said Olive Street North 0 02' 00" West a distance of 405.92 feet; thence South 89 59' 40" East 100.00 feet to the true point of beginning of the land herein described; thence South 0 02' 00" East 29.90 feet; thence South 89 59' 40" East 170.00 feet; thence North 0 02' 00" West 29.90 feet; thence North 89 59' 40" West 170.00 feet to the true point of beginning. for the sum of $2,000.00 cash, lawful money of the United States, be accepted upon the following terms and conditions: -1- 1. That $2,000.00 cash, lawful money of the United States, be placed in escrow with United California Bank, Anaheim Office, Anaheim, California, to be paid to the City at the close of escrow, said escrow to be complied with on or before March 15, 1962, or as soon thereafter as possible. 2. That said property shall be sold subject to covenants, conditions, restrictions, reserva- tions, rights, rights of way and easements of record. BE IT FURTHER RESOLVED that the Mayor and City Clerk be, and they are hereby, authorized to execute a good and sufficient deed conveying to said Vista Furniture Company, a California corporation, the real property hereinabove described, and to deliver said deed into escrow at United California Bank, Anaheim Office, Anaheim, California, to be delivered to said Vista Furniture Company, a California corporation, upon com- pletion of the said escrow and the payment of the full purchase price as hereinabove provided. BE IT FURTHER RESOLVED that the City Clerk of the City of Anaheim be, and she is hereby, authorized and directed to certify a copy of this resolution and cause the same to be attached to the deed to be executed by the Mayor and the City Clerk on behalf of the City of Anaheim. THE FOREGOING RESOLUTION is approved and signed by me this 6th day of February, 1962. AT ST: 0 T CIT 0 HEIM (SEAL) STATE OF CALIFORNIA)_ COUNTY OF ORANGE ss. CITY OF I, DENE M. WILLIAMS, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution No. 62R -94 was introduced and adopted at a regular meeting provided by law, of the City Council of the City of Anaheim, held on the 6th day of February, 1962, by the following vote of the members thereof: AYES: COUNCILM4EN: Chandler, Coons, Fry, Thompson and Schutte NOES: COUNCILMEN: None ABSENT: COUNCILMEN: None AND I FURTHER CERTIFY that the Mayor of the-City Anaheim approved and- signed said Resolution No. 62R -94 on the 6th day of February, _1962. IN WITNESS WHEREOF, I have hereunto -sat myr. hand and affixed the officiai seal -of the -City of Anaheim this 6th day, of February, 1962. CITY CLERK OF THE CITY OF ANAHEIM