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57R-4011 -, - RESOLUTION NO. 4011 r A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AIU,HEH1 AUTHORIZING THE PURCHASE AND ACQUISITION OF CERTAIN REAL PROPERTY FOR PUBLIC PURPOSES. WHEREAS, R. M. Thurin, is the owner of the here- inafter described real property situated in the City of Anaheim, County of Orange, State of California; and WHEREAS, said owner has offered to sell said prop- erty to the City of Anaheim for the sum of $70,000.00 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 acquisition of said parcel of real property for public purposes, and thet the price which the owner thereof is willing to acce~t is reasonable and not out of proportion to the fair marlcet value of saict property. NOW, THEREFORE, BE IT :r830LVED by the City Council of the City of Anaheim that the offer of R. M. Thurin to sell said property, situated in the City of Anaheim, County of Orange, state of California, described as follows, to wit: The South half of the Northeast quarter of the Southwest quarter of Section 7, Township 4 South, Range 10 West, S. B. B. & M. for the sum of $70,000.00 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 exceot all taxes for the fiscal year 195(-58, a lien not yet pay- able, and covenants, conditions, restric- tions, reservations, rights, rigbts-of-way and easements of record. BE IT FURTHER RESOLVED that the City Administrator of the City of Anaheim be, and he is hereby, authorized for and on behalf of the City of A:laheim to sign escrow instruc- tions for the purchase of said real property and to enter into an escrow lJi th the miner of seid property at Title Insurance and Trust Company, Santa Ana, California. ~ AND BE IT FURTHLR HESOL'.E;D that the City Auditor be, and he is hereby, authorized to deposit in escrmi at Title Insurance and Trust Com!)any, Santa Ana, California, the sum of $70,000.00 cash, la,v-ful money- of the United States, to be paid to the owner of seid real property when a deed conveyinQ; sBid propert:'l to the C1 ty of Anaheim free and clear of all encumbrances, exce9t as hereinabove set forth, can be recorded r:ncl a policy of title insurance issued by Title .",-." -1- ./ - - /"' Insurance and 'l'rust Company sho"\vinC: said property vested in the City of' Anal1.eim free and clec"r of all encumbrances, ex- cept as hereinabove specified. AND BE IT FURTHER I~SOLVED 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 purchsse of said nronerty. THE FOREGOING flliSOLUTION is signed and approved by me this 23rd day of July, 1957. JZT' I . ) 2--'" ~n THE ~t1f<p~Nm( "/., t(.//) ,:r.1~~~~.hK~~~ STATE OF CALIFOHNIA COUNTY CF OI'J\.NGE CI'l'Y OF ANAHEIM ) ) ss. l I, DENE H. HILLIAlviS, 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 2Jrd day of July, 1957, by the following vote: AYES: COUNCILI'IEN: Pearson, Coons, Fry, Schutte and Wisser. NOE S: COUNCILHEN: None. ABSENT: CCUNCILdEN: None. AND I FURTHER CERTIFY that the Mayor of the City of Analleim approved and signed said resolution on the 23rd day of July, 1957. IN -JITN:2~SS 'JRE'ciEOF, I have hereunto set my hand and afrixed the official s881 or the City of Anaheim this 2Jrd day of Jul" 1957, ~, __ l ~_. ~R~ TH ~M. ~ - ( SEAL ) -2-