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1962-0268wife, RESOLUTION NO. 62R -268 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM AUTHORIZING THE PURCHASE AND ACQUISITION OF CERTAIN REAL PROPERTY FOR MUNICIPAL PURPOSES; AND RESCINDING RESOLUTION NO. 62R -108. WHEREAS, LOUIE C. OREGEL and HELEN V. OREGEL, husband and EXCEPT the East one -half thereof. are the owners o the ere na ter described real property situa -t in the City of Anaheim, County of Orange, State of California,; and .WHEREAS, said owners have offered to sell said property to the City of Anaheim for the sum of $7,300.00 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, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that the offer of Louie C. Oregel and Helen V. Oregel, husband and wife, Attorney Finance Dir R/W to sell to to City of Anaheim all that real property situated in, the City of Anaheim, County of Orange, State of California, described as follows, to wit: That portion of Lot A of Tract No. 97, City of Anaheim, Book 11, Page 39 of Miscellaneous Maps, described as follows: Beginning at a point on the West line 395 feet South of the northwest corner of said Lot A; thence South along Parry Avenue 40 feet; thence East 135.46 feet parallel with the North line of said Lot; thence North 40 feet parallel with the East line of said Lot; thence West parallel with the North line of said Lot 135.46 feet, more or less, to Parry Avenue and the point of commencement. for the sum of $7,300.00 cash, lawful money of the United States, be, and the same is hereby, accepted subject to the following terms and conditions: 2. That the Sellers shall pay that portion of the second half of the taxes for the fiscal year 1961 -62'on subject property from January 1, 1962, to date the deed to the City of AnaheimHis recorded. 1. That said property shall be conveyed to the City of Anaheim free and clear of all en- cumbrances except the second half of 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, hereinaf;.er referred to, is entered into between Buyer and Sellers; and all c. ovenants ,conditions,.res._trictions, reservations, rights, ,rights ofwa`y and easements of record approved �`by,the City Attorney. 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 prop- erty and to enter into an escrow with the owners 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 $7,300.00 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 hereinabove set forth, can be recorded and a policy of title insurance issued by Title Insurance and Trust Company, 800 North Main, 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 fees 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, the U. S. Internal Revenue stamps required to be affixed to the deed, etc. Resolution No. 62R -108 is hereby rescinded. THE FOREGOING RESOLUTION is approved and signed by_me this 20th day of March 19 62 ATTEST CI Y CLERK OF THE CITY OF ANAHEIM Y OR OF THE CITY OF AN4IM PRO T94 -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 foregoing resolution was introduced and adopted at a regular meeting provided by law, of the City Council of the City of Anaheim, held on the 20th day of March, 1962, by the following vote of the members thereof: AYES: COUNCILMEN: Chandler, Coons, Fry and Thompson. NOES: COUNCILMEN: None. ABSENT: COUNCILMEN: Schutte. AND I FURTHER CERTIFY that the Mayor Pro Tem of the City of Anaheim approved and signed said resolution on the 20th day of March, ;962. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Anaheim this 20th day of March, 1962. (SEAL) CITY CLERK OF THE CITY OF ANAHEIM