59R-5162
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RESOLUTION NO. 5162
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF ANAHEIM AUTHOIUZING. THE PURCHASE AND ACQUI-
SITION. OF CERTAIN REAL PROPERTY FOR MUNICIPAL
PURPOSES.
WHEREAS, PEDRO SAUCEDO, a widower, is the owner of the
hereinafter described real property situated in the City of
Anaheim, County of Orange, State of California; and
WHEREAS, said owner has offered to sell said property
to the City of Anaheim for the sum of $7,000.00 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 acqui-
sition of said parcel of real property for municipal purposes,
and that the price which the owner thereof is 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 PEDRO SAUCEDO, a widower,
to sell to the City of Anaheim all that certain real property
situated in the City of Anaheim, County of Orange, State of
California, described as follows, to wit:
The Southerly 88 feet of Lot 12 of Schaffer-Oswald
Subdivision as shown on a Map recorded in Book 7,
Page 41 of Miscellaneous Maps, Records of Orange
County, California.
for the sum of $7,000.00 cash, lawful money of the United States,
be and the same is hereby accepted, subject to the following
conditions:
1. That subject property shall be conveyed to the
City of Anaheim free and clear of all encumbrances
except the second half of the general and special
taxes for the fiscal year 1'58-59 including any
special district levies, payments of which are
included therein and collected therewith; ~nd cove-
nants, conditions, restrictions, reservations, rights,
rights of way and easements of record.
2. That Seller may live in the house on the above
described property until June 1, 1959, and shall pay
to the City of Anaheim $30.00 per month rental for
said house, from the close of escrow.
3. That the taxes and insurance on said property shall
be prorated at the close of escrow.
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BE IT FURTHER RESOLVED that the City Manager of the City
of Anaheim be, and be 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 owner
of said property at California Bank, Anaheim Office, Anaheim,
California.
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BE IT FURTHER RESOLVED that the City Auditor be. and he
is hereby, authorized to deposit in escrow at California Bank.
Anaheim Office, Anaheim, California, the sum of $7.000.00 cash,
lawful money of the United States, to be paid to PEDRO SAUCEDO
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 Orange
County Title Company, Main Street at Fifth. Santa Ana. California.
showing said property vested in the City of Anaheim free and
clear of all encumbrances, except as hereinabove specified.
BE IT FURTHER RESOLVED that the Seller shall pay the
usual and customary Seller's 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 share in the purchase of said property.
THE FOREGOING RESOLUTION is approved and signed by me
this 14th day of April, 1959.
MA~'Clflb~
ATtEST:
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Lt; OF E CITY OF ARA.H.EIM
STATE OF CALIFORNIA )
COUNTY 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 introduced
and adopted at a regular meeting provided by law, of the City
Council of the City of Anaheim. held on the 14th day of April,
1959, by the following vote:
AYES: COUNCILMEN: Borden, Coons, Fry, Pearson and Schutte
NOES: COUNC I LMEN : None
ABSENT: COUNCILMEN: None
AND I FURTHER CERTIFY that the Mayor of the City of
Anaheim approved and signed said resolution on the 14th day of
Apr 11. 19.59.
IN WITNESS WHEREOF. I have hereunto set my hand and
affixed the official seal of the City of Anaheim this 14th day
of April, 1959.
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