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86R-272 RESOLUTION NO. 86R-272 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM APPROVING THE TERMS AND CONDITIONS OF AN AGREEMENT WITH WESTERN NATIONAL PARTNERS VIII AND FINDING AND DETERMINING THAT THE SALE OF CERTAIN CITY-OWNED PROPERTY TO BE IN THE BEST INTERESTS OF THE CITY OF ANAHEIM WHEREAS, certain City-owned property (hereinafter PROPERTY) consisting of approximately 4.3 acres of land located on the east side of Loara street adjacent to and north of the Carbon Canyon Flood Control Channel is not needed for present or prospective public purposes~ and WHEREAS, an agreement (WAGREEMENTW) has been prepared whereby Western National Partners VIII has agreed to purchase PROPERTY and to construct thereon 100 residential units for low and moderate income persons~ and WHEREAS, the terms and conditions of AGREEMENT are acceptable to the City of Anaheim. NOW, THEREFORE, BE IT RESOLVED by the City Council, by a vote of at least two-thirds of its total members as follows: 1. That the City Council of the City of Anaheim does determine that the sale and conveyance of PROPERTY to Western National Partners VIII is in the best interests of the City of Anaheim. 2. That the terms and conditions of AGREEMENT with Western National Partners VIII be, and they are hereby, approved. 3. That the Mayor and city Clerk be, and they are hereby, authorized and directed to execute AGREEMENT on behalf of the City of Anaheim. THE FOREGOING RESOLUTION is approved and adopted this 17t:h day of June , 1986. ATT~ ~7L~ CITY CLERK OF THE CITY OF ANAHEIM LS:ka1 0329C CLERK STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF ANAHEIM ) I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution No. 86R-272 was introduced and adopted at a regular meeting provided by law, of the City Council of the City of Anaheim held on the 17th day of June, 1986, by the following vote of the members thereof: AYES: COUNCIL MEMBERS: Kaywood, Overholt, Bay, Pickler and Roth NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None AND I FURTHER certify that the Mayor of the City of Anaheim signed said Resolution No. 86R-272 on the 17th day of June, 1986. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the City of Anaheim this 17th day of June, 1986. ~7(~ CITY CLERK OF THE CITY OF ANAHEIM (S~AL) I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the original of Resolution No. 86R-272 duly passed and adopted by the Anaheim City Council on June 17, 1986. . ~2:(~