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1955-2758and and RESOLUTION NO. 2758 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEId AUTHORIZING THE EXCHANGE OF CERTAIN PROPERTY OWNED BY THE CITY FOR CERTAIN PROPERTY OWNED BY SMART FINAL IRIS COMPANY, A CORPORATION. WHEREAS, the City of Anaheim has entered into an escrow for the purchase and acquisition of the following described prop- erty situated in the City of Anaheim, County of Orange, State of California, to wit: Parcel 1: Lot 25 of Vineyard. Lot "E5" of the Langenberger Tract, in the City of Anaheim, County of Orange, State of California, as per map recorded in Book 1, Pages 550 and 551 of Miscellaneous Records, in the office of the County Recorder of Los Angeles County, California. EXCEPTING THEREFROM THE South 75 feet. WHEREAS, Smart Final Iris Company is the owner of the following described property situated in the City of Anaheim, County of Orange, State of California, to wit: Parcel 2: The South 75 feet of Lot 26 of Vineyard Lot "E5" of the Langenberer Tract, in the City of Anaheim, County of Orange, State of California, as per map recorded in Book 1, Pages 550 and 551 of Miscel- laneous Records, in the office of the County Recorder of Los Angeles County, California. WHEREAS, the City of Anaheim owns all of the property in said. Vineyard Lot 4 E5" lying west of the property owned by said. Smart Final Iris Company and that said portion of Lot "E5" lying west of the property owned by Smart Final Iris Company is now maintained as a public parking lot in the City of Anaheim, and WHEREAS, owing to the greatly increased traffic and traffic congestion in the business district of the City of Anaheim, it is necessary to enlarge said parking lot, and public convenience and necessity require the acquisition of the prop- erty owned by Smart Final Iris Company hereinabove described, and WHEREAS, Smart Final Iris Company is willing to exchange said property owned by it for the property owned by the City of Anaheim first hereinabove described, and WHEREAS, the City Council does find that it would be to the advantage and for the best interests of the City of Anaheim and the citizens and residents thereof to acquire said property for the Purpose of enlarging said parking lot area, -1- NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that Parcel 1 hereinabove described, owned by the City of Anaheim, be exchanged for Parcel 2 hereinabove described, owned by Srnart Final Iris Company, and that the Mayor and the City Clerk be, and they are hereby authorized and directed to execute a deed conveying Parcel 1 to Smart Final Iris Company, a corporation, and to deliver said deed into escrow at the Title Insurance Trust Company, Santa Ana,.Cali- fornia, to be delivered to said mart Final Iris Company when a good and sufficient deed has been executed by said Srnart Final Iris Company conveying to the City of Anaheim Parcel 2 hereinabove described, and delivered in escrow at Title Insurance Trust Company, Santa Ana, California, which deed is to be recorded simultaneously with the deed executed by the City of Anaheim conveying said Parcel 1 and showing said Parcel 2 to be vested in the City of Anaheim, free and clear of all encumbrances except taxes for the fiscal year 1955-56 and covenants, condi- tions, restrictions and public utility easements of record, which deed tendered by said. Smart Final Iris Company is hereby accepted. BE IT FURTHER RESOLVED that each party to said exchange shall pay the usual and customary sellerts and buyerts title and escrow charges in such exchange of properties. BE IT FURTHER RESOLVED that the City of Anaheim furnish to Smart Final Iris Comoany a survey of all of Lot 25 and that it issue a building permit for a building to be erected on the north half thereof, said permit to be issued and survey furnished on or before May 11, 1953. THE FOREGOING RESOLUTION is approved and signed by me this 10th day of May, 1955. ATT STATE OF CALIFORNIA) COUNTY OF ORANGE ss. CITY OF ANAHEIM -2- f CITY CLERIOF THE CITY OF ANAHEIM I, DENE M. WILLIAMS, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution was adopted and passed at a regular meeting of the City Council of the City of Anaheim held on the 10th day of May, 1955, by the following vote of the members thereof; AYES: COUNCILMEN: Pearson, Fry, Schutte, Wismrand Van Wagoner. NOES: COUNCILLIN: None. ABSEIIT: COUNCILMEN: None. AND I FURTHER CERTIFY that the Mayor of the City of Anaheim signed and approved said Resolution on the rth day of May, 1955. IN WITNESS WHEREOF, I have hereunto set my hand and af- fixed the seal of said City of Anaheim thislOthday of May, 1955. CITY CLERK OF THE CITY OF ANAHEIM MAYOR OF THE CITY OF ANAHEIM ■■•••■*/*1