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1955-2900-ARESOLUTION NO. 2900-A A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM AUTHORIZING THE RENEWAL, FOR ONE YEAR, OF THAT CERTAIN LEASE MADE AND ENTERED INTO BY AND BETWEEN THE CITY OF ANAHEIM AND REDEL INCORPORATED ON THE 24TH DAY OF AUGUST, 1 954. WHEREAS, heretofore, to wit, on the 24th day of August, 1954, a Business Property Lease was duly made and entered into by and between the City of Anaheim, as Lessor, and Redel Incorporated, a Corporation, as Lessee, wherein and whereby the City did lease, demise and let unto the Lessee for the term of one year, commencing on the 1st day of October, 1954 and ending on the 30th day of September,, 1955, at a total rental of $2,100.00, payable at the rate of 40_75.00 per month, the real property and .premises here- inafter described; and WHEREAS, said Redel Incorporated has requested the renewal of this Lease for another year; and WHEREAS, the City Council finds that it would be to the advantage and for the best interest of the City of Anaheim to renew said Lease for a further term of one year from October 1, 1955 to September 30, 1956 upon the same terms and conditions as the present Lease. NOW, THEREFORE, BE IT RESOLVED by the City Council that the request of Redel Incorporated for renewal, for a term of one year, of that certain Lease made and entered in- to on the 24th day of August, 1954 wherein and whereby the City did lease, demise and let to said Redel Incorporated, a Corporation, all that certain real property and premises situated in the City of Anaheim, County of Orange, State of California, more particularly described as follows, to wit: The South 295.16 feet of the West 147.58 feet of the following described land: That portion of the West half of the Southeast quarter of Section 3, Township 4 South, Range 10 West, S.B.B. M., more particularly described as follows: Beginning at the Northeast corner of the Schaffer Oswald Subdivision as shown on a Map recorded in Book 7, Page 41 of Miscellaneous Maps, Records of Orange County; thence West along the North line of said sub- division 785.10 feet, to its intersection with the East line of North Olive Street; thence North along said East line of North Olive Street 667.15 feet; thence East 742.05 feet, more or less, to the West line of the right -of -way of the main line of the Los Angeles and Salt Lake Railroad Company in said Section 3; thence Southerly 251.91 feet, along said right -of -way line, which forms a curve, concave Easterly with a radius of 5764.65 feet, to its inter- section with the East line of the West half of the Southeast quarter of said Section 3; thence South along said East line of the West half of the South- east quarter of said Section 3, 1419.10 feet to the point of beginning, -1- be, and the same is hereby, granted. AND BE IT FURTHER RESOLVED that the Mayor and the City Clerk be, and they are hereby, authorized to execute, for and on behalf of the City of Anaheim, a Lease upon the same terms and conditions as set forth in said Lease of August 24, 1954, leasing, demising and letting unto the Lessee the property hereinabove described, for a term of one year commencing on the 1st day of October, 1955 and ending on the 30th day of September, 1956, for a total rental of 42,100.00 payable as follows, to wit: The first and last monthst rent, in the sum of 4350.00, payable upon the execution of said Lease, and the sum of 4175.00 payable on the first day of each and every month thereafter, commencing on the first day of November, 1955. THE FOREGOING RESOLUTION is signed and approved by me this 23rd day of August, 1955. ATTEST: Ci Y C RK OF T H E C I T Y OF ANAHEIM. STATE OF CALIFORNIA COUNTY OF ORANGE ss. CITY OF ANAHEIM (SEAL) it •FH I 0 ANAHEIM. PRO TWA I, DENE M. WILLIAMS, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution was passed and adopted at a regular meeting of the City Council of the City of Anaheim, held on the 23rd day of August, 1955, by the following vote of the members thereof: AYES: COUNCILMEN: Fry, Schutte, Wisser and Van Wagoner. NOES: COUNCILMEN: None. ABSENT: COUNCILMEN: Pearson. AND I FURTHER CERTIFY that the Mayon" of the City of Anaheim approved and signed said Resolution on the 23rd day of August, 1955. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the City of Anaheim this 23rd day of August, 1955. 2- CITY C LERK OF THE CITY OF AN AEEIM. undivided 5/8.746 interest being 00,000.00 and the School District's share for an undivided 3.746/8.74j.6 interest being $22,476.00, on the terms and conditions hereinafter set forth; and WHEREAS, the City Council does find and determine that it would be to the advantage and for the best interest of the City of Anaheim to acquire said real property herein above described for playground and recreational purposes, and that the offer of the owner thereof to sell said property for the above mentioned sum is not disproportionate 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 Nutwood Properties, Inc. #4 to sell and transfer an undivided 5/8.746 interest in the property here inabove described to the City of Anaheim for the sum of $30,000.00 cash, lawful money of the United States, upon the terms and conditions as set forth in escrow instruc- tions dated August 30, 1955 and filed in Escrow No. 170 -129 at California Bank Anaheim, California, signed by Nutwood Properties, Inc. ##4 as seller and the City of Anaheim and Anaheim School District as purchasers, which escrow instruc- tions are hereby approved and ratified, be and the same is hereby accepted. BE IT FURTHER RESOLVED that the deed tendered by said Nutwood Properties, Inc. #4 conveying said land to the City of Anaheim and Anaheim School District, be, and the same is hereby, accepted by the City of Anaheim upon the terms and conditions set forth in said escrow instructions; and that the City Auditor be, and she is hereby, authorized to pay into escrow at California Bank the sum of $30,000.00, to be paid to said seller at the close of escrow for the purchase of said property jointly with said School District upon the terms and conditions aforesaid, and that she be, and she is hereby, authorized to pay any necessary and proper title and escrow charges in connection with said trans- action. THE FOREGOING RESOLUTION is signed and approved by me this 23rd day of August, 1955. AT 'ST STATE OF CALIFORNIA f COUNTY OF ORANGE I s s. CITY OF ANAHEIM CLERK OF 931.E CITY 0 ANAHEIM I, DENS M. WILLIAMS, City Clerk cf' 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 23rd day of August, 1955, by the following vote: -2- (SEAL) AYES: COUNCILMEN: Fry, Schutte, Wisser and Van Wagoner. NOES: COUNCILMEN: None. ABSENT: COUNCILMEN: Pearson. AND I FURTHER CERTIFY that the Mayor pro tem of the City of Anaheim approved and signed said Resolution on the 23rd day of August, 1955. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Anaheim this 23rd day of August, 1955. CITY CLERK OF THE CITY OF ANAHEIM.