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1974-049RESOLUTION NO. 74R- 49 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM AUTHORIZING THE 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, the U- Stow -It Development Corp., a California Corporation, has expressed an interest in the pur- chase of said property; and WHEREAS, the City Council finds that it is for the benefit and best interests of the City of Anaheim to sell and convey said real property upon the terms and conditions herein- after set forth. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that it does hereby offer to sell to U- Stow -It Development Corp., the following described real property situated in the City of Anaheim, County of Orange, State of California, to wit: That portion of Lot 1 in Block 10 of the Golden State Tract, as per map recorded in Book 4, pages 66 and 67, Miscellaneous Maps, records of said Orange County, described as follows: Beginning at the southwest corner of said Lot 1; thence N 16° 00' 02" W along the westerly line of said Lot 1, 255.09 feet; thence N 41° 51' 27" E, 137.01 feet to the true point of beginning; thence S 78° 54' 04" E, 36.11 feet; thence S 52° 37' 47" E, 168.67 feet; thence N 49° 20' 47" E, 60.00 feet; thence N 28° 40' 40" W, 168.67 feet; thence N 5° 0' 02" W, 38.58 feet; thence S 49° 30' 52" W, 130.17 feet to the true point of beginning. for the sum of $4,000.00 cash, lawful money of the United States upon the following terms and conditions: 1. That said real property be sold and conveyed sub- ject to all covenants, conditions and restrictions, rights, rights -of -way and easements of record. 2. That in the event Purchaser desires a policy of title insurance, all costs of said title insurance shall be borne by the Purchaser. 3. That U- Stow -It Development Corp. acquire the adjacent property (as described in Variance No. 2485) prior to transfer of title of the property hereinbefore described. MES:kw BE IT FURTHER RESOLVED that the Mayor and City Clerk be, and they are hereby authorized to execute a deed conveying to U-Stow-It Development Corp., a California cor- poration, the real property hereinbefore described upon payment of the full purchase price and compliance with item 3 above. AND BE IT FURTHER RESOLVED that the City Clerk be, and she is hereby authorized and directed to certify a copy of this resolution and cause the same to be attached to the deed to be executed on behalf of the City of Anaheim. THE FOREGOING RESOLUTION is approved and signed by me this 5th day of Februa 19'14. ATTEST: CITY CLERK OF THE CITY OF ANAHEIM STATE OF CALIFORNIA COUNTY OF ORANGE ss. CITY OF ANAHEIM I, ALONA M. FARRENS, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution No. 74R -49 was passed and adopted at a regular meeting of the City Council held on the 5th day of February 19 74 by the following vote of the members thereof: (SEAL) AYES: COUNCILMEN: Stephenson, Sneegas, Pebley, Thom and Dutton NOES: COUNCILMEN: None ABSENT: COUNCILMEN: None AND I FURTHER CERTIFY that the Mayor of the City of Anaheim approved and signed said Resolution on the 5th day of February 19 74 IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the City of Anaheim this 5th day of February 19 74 r CITY CLERK OF THE CITY OF ANAHEIM 1, ALONA M. FARRENS, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the original of Resolution Nt. 74R -49 duly passed and adopted by the Anaheim City Council on February 5, 1974. )2? ...5 City Clerk -2- OR OF THE CITY OF ANAHEIM