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1962-0087RESOLUTION NO. 62R 87 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM AUTHORIZING THE PURCHASE AND ACQUISITION OF CERTAIN REAL PROPERTY FOR MUNICIPAL PURPOSES. WHEREAS, ASSEMBLY OF GOD OF ANAHEIM, CALIFORNIA, a corporation, is the owner of the hereinafter described real property situated in the City of Anaheim, County of Orange, State of California; and WHEREAS, said owner has offered to sell said pro- perty to the City of Anaheim for the sum of $250.00 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 owner thereof is willing to accept is reasonable and not out of proportion to the fair market value of said property. Finance Dir Attorney RA NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that the offer of Assembly of God of Anaheim, California, a corporation, 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: An undivided 5 /59ths interest in and to that por- tion of the Northwest quarter of the Northeast quarter of Section 17, Township 4 South, Range 10 West, in the Rancho Los Coyotes as said North- east quarter is shown on a Map of Tract No. 6L7, Map 29, Page 34 of Miscellaneous Maps of Orange County, California, described as follows: Beginning at a point 665.5 feet South of the Northeast corner of the East 20 acres of the North- west quarter of the Northeast quarter of said Section 17; thence at right angle West 25 feet; thence at right angle South 65 feet; thence at right angle East 25 feet; and thence at right angle North 65 feet to the point of beginning, for the sum of $250.00 cash, lawful money of the United States, be, and the same is hereby, accepted subject to the following terms and conditions: 1. That said property shall be conveyed to the City of Anaheim free and clear of all encum- brances except all general and special taxes for the fiscal year 1961 -62, 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 Seller; and all covenants, conditions, restric- tions, reservations, rights, rights of way and easements of record approved by the City Attorney. 2. That the Seller shall pay that portion of the taxes for the fiscal year 1961 -62 on subject property, from July 1, 1961, to date the deed to the City of Anaheim is recorded. BE IT FURTHER RESOLVED that the City Manager and the City Attorney of the City of Anaheim be, and either of them is 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 owner of said property at United California Bank, Anaheim Office, Anaheim, California. AND BE IT FURTHER RESOLVED that the City Auditor be, and he is hereby, authorized to deposit in escrow at said United California Bank $250.00 cash, lawful money of the United States, to be paid to the owner of said real property when a deed conveying said property to the City of Anaheim free and clear of all encumbrances, except as hereinabove set forth, can be recorded and a policy of title insurance issued by Orange County Title Company, 421 North Main Street, Santa Ana, California, showing said property vested in the City of Anaheim as hereinabove specified. AND BE IT FURTHER RESOLVED that the Buyer shall pay all escrow costs in the purchase of said property, including the charges for furnishing a policy of title insurance necessary to show title vested in the City of Anaheim, as herein provided, U. S. Internal Revenue stamps required to be affixed to the deed, etc. THE FOREGOING RESOLUTION is approved and signed by me this 30th day of January 1962. A TT, ST: F THE CITY OF CIT CLE ANAHEIM r- l MAY01. 0'F /THE CITY OF ANAHEIM STATE OF CALIFORNIA COUNTY OF ORANGE ss. CITY OF ANAHEIM (SEAL) I, DENE M. WILLIAMS, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution No. 62R -87 weds Otroduced and adopted at a regular meeting provided by law, of the City Council of the City of Anaheim, held on the 30th day of January, 1962, by the following vote of the Members thereof: AYES: COUNCILMEN, Chandler, Coons, Fry, Thompson and Schutte. NOES: COUNCILMEN: None. ABSENT: COUNCILMEN: None. AND I FURTHER CERTIFY that the Mayor of the City of Anaheim approved and signed said Resolution No. 62R -87 on the 30th day of January, 1962. IN WITNESS WHEREOF, I -have hereunto set my hand and affixed the official seal of the City of Anaheim this 30th day of January, 1962. CITY CLERK OF THE CITY OF ANAHEIM