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01/31/1924-0621 7� 8 9� lol 111 RESOLUTION OF THE BOARD OF TRUSTEES OF THE CITY OF ANAHEIM# ORDER ING SALE OF LAND. WHEREAS, J. B. Rhoades has offered. the City of Anaheim the sum of Fifty -four Thousand Eight Hundred. and Ninety -five and 50/100 ($54,895.50) Dollars, for the purchase of certain real property owned by said City and hereafter described, and WHEREAS, the Board of Trustees of said City finds the said sum offered. to be the full present value of said land. and further finds that it would be for the best interests of said City to sell and convey said land to said J. B. Rhoades, for the price hereinbefore mentioned, NOW, THEREFORE, BE IT RESOL7ED BY THE BOARD OF 12 I TRUSTEES OF THE CITY OF ANAHEIM,: 13 Ii 1. That he public interest Section T a t � c nt rest and convenience 14 �, �J of the City of Anaheim demand that said City sell and convey to 151 J. B. Rhoades all that certain real property owned by the City 16 of Anaheim and situated in the County of Orange, State of Calif - 17 18 , ornia, and described as follows, to -wit: The North half (N�) of 19 the Southwest quarter (S'X'- of Section Nineteen (19), Township Four (4) South, Range Ten (10) west, S. B. B. & M., estimated 20 II to contain 74.891 acres. Subject to reservations and exceptions 21 1 22 �. of record. And excepting a strip 30 feet wide, containing i � 1.697 acres,off the South side as conveyed to the Southern 23 � Pacific Railroad Company by deed recorded in Book 37, page 199, 24 i of Deeds, Records of Orange County; said. land tdi be sold contain - 25 ' I ing 73.194 acres exclusive of the railroad right of way, for the 26 i 27 28 29 30 31 32 sum of Fifty -four Thousand Eight Hundred and ninety -five and 50(100 ($54,985.50) Dollars. Section 2. That the president of the Board of Trustees of the City of Anaheim, and the City Clerk of said City, be, and they are hereby authorized and directed, as soon as this resolu- tion shall take effect, to execute and deliver unto said J. B. Rhoades, a good and sufficient deed of grant, granting and eon- -1- 1 veying unto said J. B. Rhoades all of the right, title and 2 interest of the said City of Anaheim in and to said real prop - 3 erty hereinbefore described, upon the payment to the said City 4 of Anaheim, by the said J. B. Rhoades, of the sum of Twenty - 5 seven Thousand Four Hundred Forty -seven and 75/100 ($27,447.75) 6 Dollars and the execution and delivery to said City of said 7 purchaser +s promissory note for the sum of Twenty -seven Thousand 8 Four Hundred Forty -seven and 75/100 ($27.447.75) Dollars, due 9 two years after its date, and bearing interest it the rate of 10 seven per cent per annum, payable semi- annually and compounded 11 semi - annually at the sazbe rate if not so paid., secured by a 12 mortgage to be executed by said purchaser and his wife, if 13 married, in favor of said City, as security for the payment of 14 said note, which mortgage shall be a first lien against real 15 real property. 16 And they are further authorized and directed to pro - 17 cure forthwith, from an incorporated abstract and title company 18 within the County of Orange, an unlimited certificate of title, 19 shwsing the title tD said premises to be vested in the said 20 purchaser, free and clear from all liens and encumbrances except 21 said mortgage and the lien of taxes for the year 1924 -25, which 22 said purchaser agrees to pay. 23 Section 3. The City Clerk of the City of Anaheim shal 24 certify to the passage of this resolution, and cause the same to 25 be published once in the Anaheim Daily Herald, a newspaper of 26 general circulation, printed, published, and circulated in said 27 City, and thirty days from and after its final passage, it shall 28 take effect and be in full force. 29 The foregoing resolution was passed and. adopted at a 30 meeting of the Board of Trustees of the City of Anaheim, held on 31 the 31st dap of January, 1924, and is signed, approved and 32 attested by me, this 31st day of January, 1924. president of the Board of Trus ees Attest: of the City of Anaheim I STATE OF CALI 2 COUN"Y OF OPAI GE) SS 3 CITY OF ANAH-EET1"It 4 I, Edward B. -',,-'erritt, City Clerk of the City of Anaheim, 5 do hereby certify that the foregoing resolution was passed and 6 adopted at a, '. of the Board of Trusteee of the city of 7 Anaheim, held on the 31st day of January, 192-4, by the following 8 vote: 9 AYES Trustees 1 TnVS Trustees ABSENT AND NOT VOTING, Trustees 12 i - � - And I further certify that the president of the Board. l 13 of Trustees of the Cit o f Ana�nei signed and a said 14 Resolution on the 31st day of Janu.::ry, 1924. 15 4i IN "'ITNESS '. I have hereunto set my hhnd and 16 affixed the corporat- seal of said. City, this 31st day of 17 januLLr 19`;4. ii is 19 Clerk of the 01ty 01' Anane 20 21 22 ii 23 24 5 26 27 28 29 30 ly 31 i i 32