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1953-2194RESOLUTION NO, 2194 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM AUTHORIZING THE PURCHASE OF REAL PROPERTY FOR THE ESTABLISHMENT OF AN OFF- STREET PUBLIC PARKING LOT. WHEREAS, the City Council of the City of Anaheim finds that it is necessary to establish off street parking areas as near as possible to the main business section of the City of Anaheim to relieve traffic congestion on the streets of the City resulting from the growth of the City and the lack of adequate parking space upon the streets within the business district of the City of Anaheim; that the establishment and maintenance of such off- street parking areas are reasonably necessary, and for the benefit and best interests of the City of Anaheim, and the citizens and resi- dents thereof; and WHEREAS, Jay Lee Beebe and H. Eva Beebe are the own- ers of the property hereinafter described, and as such owners of said real property have offered to sell said real property to the City of Anaheim on the terms hereinafter stated, and that said property is suitable and desirable for the establish- ment and maintenance of an off- street parking area; and WHEREAS, the City Council of the City of Anaheim finds that it is for the benefit and best interests of the City of Anaheim to accept said offer and purchase said real property on the terms and conditions hereinafter set forth; and WHEREAS, the City Council of the City of Anaheim does further find that there will be sufficient funds derived from the "Parking Meter Fund" to pay the purchase price for said real property and that any obligation of the City of Anaheim for the purchase of said property will not and shall not become a charge against the City General Fund or the credit of the City of Anaheim, and that the owners of said land have agreed that the consideration for said real property shall be paid solely from the special fund known and designated as the "Parking Meter Fund Now, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that the real property hereinafter men- tioned and described be purchased from Jay Lee Beebe and H. Eva Beebe, husband and wife, for the total sum of $6,500.00 payable am follows, to -wit: $1,500.00 upon the execution and delivery to the City of Anaheim of a good and sufficient deed conveying said property to the City of Anaheim, together with a policy of title insurance by a reputable title company of Orange County, California, showing said property vested in Jay Lee Beebe and H. Eva Beebe, husband and wife, free and clear of all encumbrances except taxes for the fiscal year 1953 -54, and subject to coven- ants ,conditions, restrictions, reservations, rights, rights of way and easements, now of record, if any, and that the balance of said consideration shall be paid as follows: The sum of $5,000.00 shall be paid on or before the 1st. day of May, 1956. The unpaid balance of the purchase price shall bear interest at the rate of five per cent (5%) per annum. AND BE IT FURTHER RESOLVED that the entire considerat- ion for the purchase of said real property shall be paid solely from the special fund of the City of Anaheim known and desig- nated as the "Parking Meter Fund", and that no part of the principal nor the interest shall be or become a charge against the City General Fund or general credit of the City of Anaheim, but shall be limited solely to payment from the "Parking Meter Fund". AND BE IT FURTHER RESOLVED that the City of Anaheim does hereby accept a conveyance of said property from Jay Lee Beebe and H. Eva Beebe, husband and wife, upon the terms and conditions hereinabove set forth. Said real property is situated in the City of Anaheim, County of Orange, State of California and more particularly described as follows, to -wit: Lot 9 in Block "G" of a Subdivision of Vineyard Lot "D3 as per map thereof recorded in Book 34, page 59 of Deeds, records of Los Angeles County, California; THE FOREGOING RESOLUTION is approved and signed by me this 14th day of July 1953. ATTEST: EXCEPTING THEREFROM the Southerly 2 feet thereof. CITY CLERK OF THE CITY Or ANAHEIM MAYOR OF THE CITY OF ANAHEIM STATE OF CALIFORNIA) COUNTY OF ORANGE ss CITY OF ANAHEIM I, CHARLES E. GRIFFITH, 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 Cityof Anaheim, held on the 14th day of July, 1953, by the following vote of the members thereof: (SEAL) AYES: COUNCILMEN: Pearson, Wisser and Heying. NOES: COUNCILMEN: None. ABSENT: COUNCILMEN: Boney and Van Wagoner. AND I FURTHER CERTIFY that the Mayor of the City of Anaheim approved and signed said resolution on the 14th day of July, 1953. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the City of Anaheim this 14th day of July, 1953. Ci`t Clerk of the 'ti