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1960-5776PARCEL 1: RESOLUTION NO. 5776 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM ELECTING TO EXERCISE THE OPTION FOR THE PURCHASE OF REAL PROPERTY FROM FLORENCE H. SPENCER. WHEREAS, heretofore, to wit, on the 30th day of January, 1959, Florence H. Spencer did execute and deliver to the City of Anaheim a real estate option giving and granting to the City an option at any time between January 1st and 31st, 1960 to purchase the following described property situated in the City of Anaheim, County of Orange, State of California, to wit: The Northwest quarter of the Southeast quarter of the Northeast quarter of Section 13, Township 4 South, Range 11 West, in the Rancho Los Coyotes, City of Anaheim, County of Orange, State of California, as said section is shown on a map recorded in Book 51, Page 11 of Miscellaneous Maps, in the office of the County Recorder of said county. EXCEPTING THEREFROM the Southerly 190.74 feet thereof. PARCEL 2: An undivided 7/120ths interest in the following de- scribed property: Beginning at the Northeast corner of the Southeast quarter of the Northeast quarter of the Northeast quarter of Section 13, Township L. South, Range 11 West in the Rancho Los Coyotes, City of Anaheim, County of Orange, State of California, as said section is shown on a reap recorded in Book 51, Page 11 of Miscellaneous Maps, in the office of the County Recorder of said county; thence Southerly 3)18.00 feet to the point designated herein as the point of beginning; thence at right angles Westerly 192 feet; thence at right angles Southerly )40.00 feet; thence at right angles Easterly 20.00 feet; thence at right angles Northerly 30.00 feet; thence at right angles Easterly 172.00 feet, more or less, to the east boundary line of the said Northeast quarter of the Northeast quarter of said Section 13; thence at right angles Northerly 10.00 feet to the point of beginning. for the sum of $67,966.77 cash, lawful money of the United States, subject to the second installment of State and County Taxes for the fiscal year 1959 -60; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that they do hereby elect to exercise said real estate option and purchase the real property and premises therein described for the sum of $67,966.77, upon the terms and conditions as set forth in said option. BE IT FURTI IER RESOLVED that the City Auditor of the City of Anaheim be, and he is hereby, authorized to deposit in escrow at the Orange County Title Company, 421 North Main Street, Santa Ana, California, on or before the 31st day of January, 1960, the sum of $67,966.77 cash, lawful money of the United States to be -1- ATTEST: paid to Florence H. Spencer for the purchase of the property hereinabove described, upon the terms and conditions set forth in said option. BE IT FURTHER RESOLVED that the City Manager be, and he is hereby, authorized and directed to sign escrow instructions for and on behalf of the City of Anaheim for the purchase of said real property and premises, upon the terms and conditions herein set forth and as set forth in said real estate option. THE FOREGOING RESOLUTION is approved and signed by me this 19th day of January, 1960. DENE M. WILLIAMS e- C IIOF TT I ITY OP ANAHEIM By. DEPUTY CITY CLERK STATE OF CALIFORNIA COUNTY OF ORANGE ss. 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 19th day of January, 1960, by the following vote of the members thereof: AYES: COUNCILMEN: Fry, Pearson, Thompson and Schutte. NOES: COUNC I LMEN None. ABSENT: COUNCILNIEN: Coons. AND I FURTHER CERTIFY that the Mayor of the City of Anaheim approved and signed said resolution on the 19th day of January, 1960. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Anaheim this 19th day of January, 1960. (SEAL) DENE M. WILLIAMS CITY CLERK OF THE CI77 OF A1\rAHEIIV1 By v.- DEPUTY CITY CLERK -2-