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1955-2630RESOLUTION NO. 2630. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM AUTHORIZING SALE OF CERTAIN REAL PROPERTY AND AUTHORIZING THE EXECUTION OF A CONVEYANCE THEREOF. WHEREAS, the City of Anaheim is the owner of the hereinafter described real property; and WHEREAS, said real property is no longer needed for municipal purposes; and WHEREAS, Holly Manufacturing Company, a California Corporation, has offered to purchase said real property for the sum of 457,750.00 cash, lawful money of the United States, said purchase price to be paid into escrow at All Service Corporation, Anaheim Office, as follows: The sum of 35,775.00 at the time of the offer to purchase said property, and the balance of said purchase price; namely, 451,975.00, to be de- posited in escrow prior to February 11, 1955; and WHEREAS, the City Council finds that it is for the benefit and best interest of the City of Anaheim to accept said offer and sell and convey said real property to said Holly Manufacturing Company upon the terms and conditions hereinafter specified. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that the offer of Holly Manufacturing Company to purchase the hereinafter described real property for the sum of X57,750, cash, lawful money of the United States of America, be accepted upon the following terms and conditions: 1. That the sum of 4p5,775.00 cash shall be placed in escrow at All Service Corporation, Anaheim Office, at the time of submission and acceptance of said offer to purchase, and an additional sum of 451,975.00 cash shall be deposited in said escrow prior to February 11, 1955; and the total amount so paid into escrow, namely, 4p57, 750.00 shall be paid to the City of Anaheim at the close of said escrow. 2. That said property shall be sold subject to all conditions, restrictions, reservations, easements, rights and rights -of -way of record. 3. That said property shall be sold subject to taxes for the fiscal year 1954 -55, a lien not yet payable. 4. That the conveyance of said property shall in- clude all oil, gas and mineral rights. 5. That the consummation of the sale of said prop- erty shall be contingent upon the completion of certain escrows numbered A- 3414 -15 -17 and 18, at All Service Corporation, Anaheim Office. -1- AND BE IT FURTHER RESOLVED that the Mayor and the City Clerk be, and they are hereby, authorized to execute a good and sufficient deed conveying to Holly Manufacturing Company, a California Corporation, the following described real property situated in the City of Anaheim, County of Orange, State of California, and more particularly described as follows: ATTEST: The South ten (10) acres of the North twenty -five (25) acres of the Southwest Quarter (SW4) of the Northwest Quarter (NW of Section 8, Township 4 South, Range 10 West, S.B.B. M. and to deliver said deed into escrow to be delivered to said purchaser upon the completion of said escrow and the payment of the full purchase price as hereinabove provided; AND BE IT FURTHER RESOLVED that the City Clerk be, and she is hereby, authorized and directed to certify to a copy of this Resolution and cause the same to be attached to the deed executed by the Mayor and the City Clerk. THE FOREGOING RESOLUTION is signed and approved by me this 25th day of January, 1955. CLERK OF e-;" CITY CITY CL THE CITY OF ANAHEIM. STATE OF CALIFORNIA COUNTY OF ORANGE ss. CITY OF ANAHEIM Anaheim January, affixed January, (SEAL) ABSENT: COUNCILMEN: None. -2- w n 16AYOR C F E CITY' bF' P AHEIM. I, DENS 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 25th day of January, 1951, by the following vote of the members thereof. AYES: COUNCILMEN Pearson, Fry, Schutte, Wisser, and Van Wagoner. NOES: COUNCILMEN: None. AND I FURTHER CERTIFY that the Mayor of the City of signed and approved said Resolution on the 25th day of 1955. IN WITNESS WHEREOF, I have hereunto set my hand and the seal of said City of Anaheim this 25th day of 1955. CITY CLERK OF THE CITY OF iN AHEIM.