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1961-7175RESOLUTION NO. 7175 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM AUTHORIZING THE PURCHASE AND ACQUISITION OF CERTAIN REAL PROPERTY FOR MUNICIPAL PURPOSES. WHEREAS, JOE L. LANE and BARBARA E. LANE, husband and wife, 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 $15,000.00 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 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. Acct Officer R/W NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that the offer of Joe L. Lane and Barbara E. Lane, husband and wife, to sell to the City of Anaheim all that real property, situated in the City of Anaheim, County of Orange, State of California, described as follows, to wit: Lot 18 of Anaheim Home Tract, in the City of Anaheim, as per map recorded in Book 6, Page 34 of Miscellaneous Maps, records of Orange County, California; for the sum of $15,000.00 cash, lawful money of the United States, be, and the same, is hereby, accepted subject to the following terms and conditions: 1. That said property shall be conveyed to the City of Anaheim free and clear of all en- cumbrances except all general and .special taxes for the fiscal year 1961 -62, a lien not yet payable, including any special district levies, payment of which is in- cluded therein and collected therewith; all taxes and assessments levied or assessed subsequent to the date that the escrow, hereinafter referred to, is entered into between Buyer and Sellers; and all covenants, con- ditions, restrictions, reservations, rights, rights of way and easements of record approved by the City Attorney. 2. That the Sellers shall pay that portion of the taxes for the fiscal year 1961 -62 on subject property from July 1, 1961, to date the deed to the City of Anaheim is recorded. -1- BE IT FURTHER RESOLVED that the City Manager and the City Attorney of the City of Anaheim be, and either of them 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 United California Bank, Anaheim Office, Anaheim, California. AND BE IT FURTHER RESOLVED that the City Auditor be, and he is hereby, authorized to deposit in escrow at said United California Bank $15,000.00 cash, lawful money of the United States, to be paid to the owners of said real property when a deed conveying 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 Title Insurance and Trust Company, 800 North Main Street, Santa Ana, California, showing said property vested in the City of Anaheim as hereinabove specified. AND BE IT FURTHER RESOLVED that the sellers shall pay the usual and customary 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 charges in the purchase of said property. THE FOREGOING RESOLUTION is approved and signed by me this 5th day of September, 1961. ATTEST: 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. 7175 was intro- duced and adopted at a regular meeting provided by law, of the City Council of the City of Anaheim, held on the. 5th day of September, 1961, 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 No. 7175 on the 5th day of September, 1961. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of.the City_of Anaheim this 5th day of September, 1961.. (sEAL) CITY`CLERK OF THE CITY OF ANAHEIM