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1960-6242RESOLUTION NO. 62);2 Cert. copy to: Attorney copy to: Finance Right-of-way A RESOLUTION OF THE CITY COUNCIL OF THF CITY OF ANAHEjl'ii AUTHORIZING THF PURCHASE, AND .4 SITION OF CERTAIN REAL PROPERTY FOR PiNjCIPAL PURPOSES. WHEREAS, PROVIDENCE FAREING COEPANY, a limited partner- ship, is the owner of the hereinafter described real rroperty situated in the City ref County of Orange, State of California; and 1:%71-TREAS, said owner has offered t sell said property to the City of Anaheim for the suni. of $27,02.7(71 cash, lawful money of the United States; and 'ZIFER.E1S, the City Council does find and determine that public convenience and necessity require the purchase and acquis- ition. of said parcel of real property fr:r runicipal purposes, and that the price which the owner thereof is willing to accept is reasonable and not nut of proportion to the fair mar'ket value Of' said prcperty; NEAI, THEREFORE, RE IT R.FsOLVE.5 by the Ci ty Council of the City of Anaheim tbat the offer of PROVIDENCE FAHYJNG 0 a limjted partnership, to sell to the City of Anaheim all tbat certain real property situated in the City of Anaheim, County of Orange, State of California, described as follows, to wit: That portion of the Northeast quarter of the Northwest quarter of Section 21, Township South, Range 10 1:,est, S. R. B. E•, described. as fcllows; Cormencing at the Northwst corner of Lot 67 Tract No. 1979,, as per reap tbereof recorded in Book. 89, page of Mscellaneous Naps, records cf c'renge County; thence along the Northerly prolongation of the Vest line of Lot 67, North. 0 01 3)1," East 1.).t0 feet; thence North e9° 26" West 10.00 feet to the true point of becinninc; thence continuing N. 89° 1.,' 26" est 170.0T feet to the Northwest corner of said tract; thence along the Northerly pro- lonna177 the l'est line of said Tract. No. 197 N. 0 Olt 34" E. 11.6.05 feet; thence N. 39 26 50" E. 170.00 feet; thence S. 0 01 '5)!" W. 497.75 feet to the true point of beginning. "FXCEPTINCI THEPI all that portion of said land, if any, Included within the Northwest quarter of the Northwest quarter of Section 21. for the sun of $27,028.78 casb, lawful money of tbe United States, be, and the sare is hereby accepted, subject to the following terms and conditions: That subject propert y shall. he conveyed to the City of Anaheim free and clear of all encumbrances ecept all general and special taxes for the fiscal year 1960-61, including special district -1- levies, payment -f vhich is included t rein and collected therewith; and covenants, conditions, restrictions, reservations, rights, rijbts of way and ea `E ent s or record 'al; -rCwF by t C:{ t r ttorney. L IT F'UH T ?-TF'P t.1 t. t h r City rh i an a g' r of the City of Anaheim be, and he is hereby, authorized for and on behalf of the City of A=naheim to sign escrow instructions for the purchase of said real property, and to enter i.nt. an escrow with the owner of said property at Grover Escrow Corporation, 111 South Illinois, Anaheim, California. BE IT FURTHER RESOLVE that the City Auditor be, and he is hereby, authorized to deposit in escrow at Grover Escrow Corporation, 11]. Sauti; Illinois, Anaheim, California, the sum. of $27, 028.7 cash, lawful money of the United States, to be paid to PROVIDENCFF FARE`ING r'c,r_PPM when a deed conveying said property to the City of Anaheim, free and clear of all encum- brances, except, as h.ereinabove set forth, can be recorded and a policy of title insurance issued by a reputable title c.orpany, showing said property vested in the City of .Anaheim free and clear of all encumbrances, except as hereinabove specified. BE IT FURTHER RESOI.WE.r) tbat, 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 A.naheirri shall pay the 1rsual Ruyer's share in the purchase of said property. THE FOREGOING RESOLUTION is approved and signed by me this 2eird day of Au 190. ATTEST: f CI'I` C kr OF THE CITY OF ANAHN LF 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 No. 6242 was introduced and adopted at a regular meeting provided by law, of the City Council of the City of Anaheim, held on the 23rd day of August, 1960, by the following vote of the members thereof: AYES: COUNCILMEN: Chandler, Coons, Fry, Thompson and Schutte NOES: COUNCILMEN: None ABSENT: COUNCILMEN: None AND I FURTHER CERTIFY that the Mayor of the City of Anaheim approved and signed said Resolution 6242 on the 23rd day of August, 1960. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Anaheim this 23rd day of August, 1960. (SEAL) CITY CLERK OF THE CITY OF ANAHEIM