1976-491RESOLUTION NO. 76R- 491
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF ANAHEIM APPROVING AND AUTHORIZING TETE
EXECUTION BY THE 'IAYOR AND THE CITY CLERK
OF A DEED AND RELINQUISH_vIENT OF LEASEHOLD
INTEREST RELATING TO THE LEASE AGREEr=TENT
BETWEEN THE CITY OF ANAHEIM AND ROYAL INIMS
OF AISERICA, INC. DATED APRIL 11, 1969.
WHEREAS, the City of Anaheim and Royal Inns of America,
Inc. entered into a ground Lease Agreement dated April 11, 1969,
with respect to certain real property in the City of Anaheim des-
cribed in said Agreement; and
WHEREAS, said Lease Agreement was recorded on February 9,
1971, as Recorder's Series No. 5385 in Boob 9540, Pages 139, et
seg., of the County Records of Orange County, State of California;
and
jvHEREAS, Royal Inns of America, Inc. assigned and trans-
ferred all of its rights, title and interest in and to the Lease
to Roval Inn of Anaheim, a California limited partnership by in-
strument dated August 6, 1971, which was recorded on August 20,
1971 in Book 9771, Palle 135 of the Official Records in the Office
of the County Recorder of Orange County, State of California; and
WHEREAS, Royal Inns of America, Inc. and Royal Inn of
Anaheim have given rights to Jolly King of Anaheim, and to Earl's
Seafood Grotto of Anaheim to operate restaurant and lounge busi-
nesses on the Leased Parcel, which rights are in the nature of
sublease, franchise, concession and other such rights; and
WHEREAS, the Co -Trustees for. Royal Inns of America, Inc.,
a California corporation subject to Chapter X Reorganization
Proceedings, has submitted to the City of Anaheim a Deed and
Relinquishment of Leasehold Interest terminating, cancelling, sur-
rendering and relinquishing all rights in the Lease Parcel or the
improvements constructed thereon and transferring and delivering
to the City of Anaheim all right, title and interest to said Lease
and leasehold estate and all improvements constructed thereon, and
releasing the City and the above named parties from obligations
and liabilities under said Lease, the terms and conditions of
which are satisfactory to the City; and
WHEREAS, the City Council finds that it would be for the
benefit and in the best interests of the City of Anaheim to approve
the proposed Deed and Relinquishment of Leasehold Interest and that
the same should be approved.
NOW, THEREFORE, BE IT RESOLVED by the City Council of
the Citv of Anaheim that the Deed and Relinquishment of Leasehold
Interest this day submitted to the Citv Council by the Co -Trustees
for Royal Inns of America, Inc. and the above named organizations,
upon the terms and conditions set forth therein be, and the same
is hereby, approved.
BE I`z" FURTHER RESOLVED that the Mayor and the City Clerk
be, and they are hereby, authorized and directed to execute said
Deed and Relinquishment of Leasehold Interest for and on behalf of
the City of Anaheim.
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THE FORTEGOIIvG RESOLUTIOIT is approved and signed by �?e
this 1 Lth day of August, 1.976.
ATTEST:
CITY CLERK OFTHE CITq OF ANAHEI •i
WPH : fm
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF ANAHEIM )
I, ALONA M. HOUGARD, City Clerk of the City of Anaheim, do
hereby certify that the foregoing Resolution No. 7611-491 was intro-
duced and adopted at a regular meeting provided by law, of the City
Council of the City of Anaheim held on the 17th day of August, 1976,
by the following vote of the members thereof:
AYES: COUNCIL MEMBERS: Kaywood, Seymour, Kott and Thom
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: Roth
AND I FURTHER CERTIFY that the Mayor of the City of Anaheim
approved and signed said Resolution No. 76R-491 on the 17th day of
August, 1976.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed
the seal of the City of Anaheim this 17th day of August, 1976•
U.
CITY CLERK OF THE CITY "OF ANAHEIM
(SEAL)
I, ALONA M. HOUGARD, City Clerk of the City of Anaheim, do
hereby certify that the foregoing is the original of Resolution No.
76R-491 duly passed and adopted by the Anaheim City Council on
August 17, 1976.
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City Cler.k'�