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1962-0004RESOLUTION NO. 62R -4 A RESOLUTION OF THE CITY CQUNCIL OF THE CITY OF ANAHEIM AUTHORIZING THE PURCHASE AND ACQUISITION OF CERTAIN REAL PROPERTY FOR MUNICIPAL PURPOSES. Attorney R/W Finance Dir WHEREAS, MARCELINO R. HERRERA and NATALIE V. HERRERA, 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 $5,750.00 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 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 Marcelino R. Herrera and Natalie V. Herrera, husband and wife, to 'sell to the City of of Anaheim all that real property, situated in the City of Anaheim, County of Orange, State of California, described as follows, to wit: That portion of Lot A of Tract No. 97, as per map recorded in Book 11 Page 39 of Miscellaneous Maps, in the office of the County Recorder of said County, described as follows: Beginning on the easterly line of Parry Avenue, at a point 315 feet south from the northwest corner of said Lot A; thence south along the easterly line of Parry Avenue, 40 feet; thence east 100 feet parallel to the north line of said Lot A; thence North 40 feet parallel to the east line of Parry Avenue; thence west 100 feet parallel to the north line of said Lot A, to the point of beginning. for the sum of $5,70.00 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 en- cumbrances except the second half of 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. -1- 2. That the Sellers shall pay that portion of the second half of the taxes for the fiscal year 1961 -62 on subject property from January 1, 1962 to date the deed to the City of Anaheim is recorded. 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 pro- perty 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 $5,750.00 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 Trust 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 2nd day of January, 1962. ATTEST: Y CLERK OF THE CITY OF ANAHEIM 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 No. 62R -4 was introduced and adopted at a regular meeting provided by law, of the City Council of the City of Anaheim, held on the 2nd day of January, 1962, by the following vote of the members thereof: AND I FURTHER CERTIFY that the Mayor of the City of Anaheim approved and signed said Resolution No. 62R -4 on the 2nd day of January, 1962. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Anaheim this 2nd day of January, 1962. (SEAL) -2- 7 r -t 'l_ THE CITY OF ANAHEIM AYES: COUNCILMEN: Chandler, Coons, Fry, Thompson and Schutte NOES: COUNCILMEN: None ABSENT: COUNCILMEN: None C11 ?CLERK OF THE CITY OF ANAHEIM