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58R-4600 ~ ,...... RESOLUTION NO. 4600 ,-.. A RESOLUTION OF' THE CITY COUNCIL OP THE CITY OF ANAHEIM AUTHORIZING THE PURCHASE OP CERTAIN REAL PROPERTY FROM DOUBLE-THREE ASSOCIATES FOR MUNICIPAL PURPOSES. WHEREAS, DOUBLE-THREE ASSOCIATES, a partnership, is the owner of the hereinafter described real property situated in the County of Orange, State of California; and ~lliREAS, said owner has offered to sell said property to the City of Anaheim for the sum of $37,500.00 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 acquisition of said parcel of real property for municipal purposes, and that the price which the owner thereof is will- ing to accept is reasonable and not O'Jt 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 DOUBLE-THREE ASSOCIATES to sell all that certain real property situated in the County of Orange, State of California, described as follows, to wit: Parcell: The Northerly 3 acres of the East 332.00 feet of the Southwest quarter of the Southeast quarter of Section 7, Township 4 South, Range 10 West, in the Rancho Los Coyotes, as said section is shown on a map recorded in Book 51, page 10 of Miscellaneous Maps, in the office of the County Recorder of said Orange County. Parcel 2: The Northerly 3 acres of the East half of the Southwest quarter of the Southeast quarter of Section 7, Township 4 South, Range 10 West, in the Rancho Los Coyotes, as per map thereof recorded in Book 51, page 10 of Miscellaneous Maps, in the office of the County Recorder of said Orange County; EXCEPT the Easterly 332 feet. for the sum of $37,500.00 cash, lawful money of the United States, be and the same is hereby accepted, subject to the following terms and conditions: That subject property shall be conveyed to the City of Anaheim free and clear of all encumbrances EXCEPT all taxes for the fiscal year 1958-59, a lien not yet payable; and covenants, conditions, restrictions, reservations, rights, rights of way and easements of record. ,/","", BE IT ~~RTHER RESOLVED that the City Administrator 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 -1- - ,,-- the purcha.se of said real property, and to enter into an escrow with the owner of said property at Anaheim Building and Loan Association, 187 West Center Street, Anaheim, California; BE IT 81mRTHEH RESOLVED that the City Finance Director be, and she is hereby, authorized and directed to pay into es~row at Anaheim Building and Loan Association, the sum of ~37,500.00, cash, lawful money of the United states, to be paid to DOUBLE-THREE ASSOCIATES, when a deed eonveying 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 a reputable title company showing said property vested in the City of Anaheim as hereinabove specified. AN'D BE I'l'8'UR'rH];R RESOLVED that the seller shall pay the usual and customary seller's charges for furnishing a policy of title insUI'ance 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. me this 'fHE l"OREGObG RESOLUTIOI-J is approved and signed by 17th day of June , 1958. ~~d~- ATTEST: i .: -------, -) 9---/- / ~~ . , . \J lf1t~K ~flIE CIT~ /"'"' -2- - STATE OF CALIFORNIA ) C0UNTY OF GRANGE ) ss. CITY OF ANAHEIM ) " I,DENE M. WILLIAMS, City Clerk of the City of Anaheim, do hereby ceetify that the foregoing resolution was i~troduced and adopted at an adjourned regular meetin~ provided by law of the City Council of the City of Anaheim, held on the 17th day of June, 1958, by the following vote: AYES: COUNCILMEN: Pear~on, Borden and.Coons NOES: COUNCILMEN: None ilBSENT: COUNCILMEN: Schutte TEMPORARILY ilBSENT: COUNCILMEN: Fry Ai~D I FURTHER CERTIFY that the Mayor of the City of Anaheim approved and sighed said resolution on the 17th day of June, 1958. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Anaheim this 17th day of June, 1958. iLL- k 2n~~~ ;>~ CITY CLERK OF THE CITY OF ANAHEIM (SEAL) '~