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59R-5160 -"""",," ..,..... RESOLUTION NO. 5160 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM .AUTHORIZING THE PURCHASE .AND ACQUI- SITION OF CERTAIN REAL PROPERTY FOR MUNICI PAL PURPOSES. 'WHEREAS, RICHARD W. REYES, a single man, and JOE R. WILSON, a married man, as his separate property, 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 $11,000.00 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 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 RICHARD W. REYES, a single man, and JOE R. WILSON, a married man, as. his separate property, to sell to the City of Anaheim all that certain real property situated in the City of Anahe~, County of Orange, State of California, described as follows, to wit: Lot 11 of the 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 $11,000.00 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 1958-59 including any special district levies, paymenbof which are in- cluded therein and collected therewith; and cove- nants, conditions, restrictions, reservations, rights, rights of way and easements of record. 2. That Sellers 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. r-, BE IT FURTHER RESOLVED that the City Manager of the City of Anaheim be, and he 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 owners of said property at California Bank, Anaheim Office, Anaheim, California. -1- .-, ".-.. BE IT FURTHER RESOLVED that the City Auaitar be, ana he is hereby, authorized to deposit in escrow at California Bank, Anaheim Office, Anaheim, California, the sum of $11,000.00 cash, lawful money of the United States, to be paid to RICHARD W. REYES ana JOE R. WILSON when a deed conveying said property to the City of Anaheim, free and clear of all encumbrances, except as herein- above 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 herein- above spec if led. BE IT FURTHER RESOLVED that the Sellers shall pay the usual and cust~ary 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 share in the purchase of said property. THE FOREGOING RESOLUTION is approved and signed by me this 14th day of April, 1959. MYO({~ cfJr~ ATTA:ST: ~LE~~ -~~~IM STATE OF CALIFORNIA ) COURT'{ OF ORANGE ) s 5 . CITY OF AKAHEIM ) 1, 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: Bor.en, Coons, Fry, Pearson and Schutte lIfOES: COUNCILMEN: None ABSENT: COUNCILMEN: N(me AND 1 FURTHER CERTl IT that the Mayor of the City of Anaheim approved and signed said resolution on the 14th day of April, 1959. IN WITNESS WHEREOF, 1 have hereunto set my hand and affixed the official seal of the City of Anaheim this 14th day of April, 1959. .~. i.. --\ -~Cf--- _ ,,?-~- Yt. ~ -tr"rY CLEIf OF '.' CITY OF A.1IAHEIM (SEAL) -2-