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64-548Acctg. Off. iiESOLUTION NO. 64R- 64R-548 A P~ESOLUTION OF THeE CITY COUNCIL OF THE CITY OF ANAHEIM AUTHORIZING THE PURCHASE AND ACQUISITION OF CERTAIN REAL PROPERTY FOR ~PJNI C IPAL PUP, POSES. WHEREAS, Jose Lopez and Pauline Lopez, husband and wife, are the owners of the hereinafter described, real property situated in the City of Anaheim, County of Orange, State of California; and WHEREAS, said owners have offered to sell said prop- erty to the City of Anaheim for the sum of $17,000.00 cash, lawful money of the United States; and WHEREAS, the City Council does find and determine that public convenience and necessity require the purchase and acquisition of said real property for municipal purposes, and that the price which the owners thereof are willing to accept is reasonable and not out of proportion to the fair market value of said property. NOW, THE[~FOi~, BE iT P~SOLVED by the City Council of the City of Anaheim that the offer of Jose Lopez and Pauline Lopez, husband and wife, to sell to the City of Anaheim all that real property situated in the City of Anaheim, County of Orange, State of California, described as follows, to wit: Lot Nine (9) in Block D of Tract 592, Morthmore ½mnex, as shovm on a Map recorded in Book 19, page 3 of Miscellaneous Maps, records of Orange County, California. for the sum of $!7,000.00 cash, lawful money of the United States, be, and the same zs hereby, accepted, subject to the following terms and conditions: That said property shall be conveyed to the City of Anaheim free and clear of all en- cumbrances except all general and special taxes for the fiscal year 1964-65, including any special district levies, payment of which is included, therein and collected therewith; all taxes and assessments levied or assessed subsequent to the date the escrow, hereinafter referred to, is entered into between Buyer and Sellers; and all covenants, conditions, restrictions, reservations, rights, rights of way and easements of record approved by the City Attorney. That the Sellers shall pay that portion of the taxes for the fiscal year 1964-65 on subject property from July 1, 1964, to date the deed to the City of Anaheim is recorded. BE IT FUiITHEii ~SOLVED that the City Manager and the City Attorney of the City of .Anaheim be, and either of them is, -i- hereby authorized for and on behalf of the City of Anaheim to sign escrow instructions for the purchase of said real property and to enter into an escrow with the owners of said property at United California Bank, Anaheim Main Office, Anaheim, California. AND BE IT FURTHER RESOLVED that the City Finance Director be, and he is hereby, authorized to deposit in escrow at said United California Bank $17,000.00 cash, lawful money of the United States, to be paid to the owners of said real property when a deed conveying said property to the City of Anaheim free and clear of all encumbrances, except as herein- above set forth, can be recorded and a policy of title insur- ance issued by Title Insurance and Trust Company, 800 North Main, Santa Aha, California, showing said property vested in the City of Anaheim as hereinabove specified. ;J~D BE IT FURTHER RESOLVED that the sellers shall pay the usual and customary sellers' charges for furnishing a policy of title insurance necessary to show title vested in the City of Anaheim, as herein provided, and that the City of Anaheim shmll pay the usual buyer's charges in the purchase of said property. THE FOREGOING RESOLUTION is approved and signed by me this 28th day of July, 1964. MAYOR OF THE' CXTY OF ANAHEIM ATTEST: CITY CLERK OF THE CITY OF ANAHEIM -2- STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF ANAHEIM ) I, DENE M. WILLIAMS, City Clerk of the City of Anaheim, do hereby certify that the foregoin9 Resolution No. 64R-548 was introduced and adopted at a regular meetin9 provided by law, of the City Council of the City of Anaheim~ held on the 28th day of July, 196a, by the followin9 vote of the members thereof: AYES: COUNCILMEN: NOES: COUNCILMEN: ABSENT: COUNCILMEN: TEMPORARILY ABSENT: COUNCILMAN: Peble¥, Dutton, Krei~, and Chandler None None Schutte AND I FURTHER CERTIFY that the Mayor of the City of Anaheim approved and signed said Resolution No. 64R-548 on the 28th day of July, 1964. IN WITNESS ;~HEREOF, I have hereunto set my hand and affixed the official sea~l of the City of Anaheim, this 28th day of July, 1964. (SEAL) CI"25/CLERK OF,THE CITY OF ANAHEIM.