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1962-0557RESOLUTION NO. 62R -557 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 herein- after described property; and WHEREAS, said real property is no longer needed for municipal purposes; and WHEREAS, NORTH AMERICAN AVIATION, INC., a Delaware corporation, has offered to purchase said real property for the sum of $37,45o.0G cash, lawful money of the United States, to be deposited in escrow at United California Bank, Anaheim Office, Anaheim, California, and paid to the City at the close of escrow; and WHEREAS, the City Council finds that it is for the benefit and best interest of the City of Anaheim to accept said offer and sell and convey said real property to said North American Aviation, Inc., upon the terms and conditions herein- after specified. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that the offer of North American Aviation, Inc., Delaware corporation, to purchase the following des cribed property situated in the City of Anaheim, County of Orange, State of California: That portion of the southerly 202.10 feet (measured along the easterly line) of the northerly half of the southerly half of Lot 15 in Block "K" of the Kraemer Tract, in the City of Anaheim, County of Orange, State of California, as per map recorded in Book 12 page 87 of Miscellaneous Records, in the office of the County Recorder of Los Angeles County, California, lying easterly of the easterly line of the land described in the deed to the Orange County Flood Con- trol District, recorded September 28, 1961, in Book 5 862 Page 845, Official Records of said Orange County. for the sum of $37,4.50.00 cash, lawful money of the United States, be accepted upon the following terms and conditions: 1. That $37,450. cash, lawful money of the United States, shall be placed in escrow with United California Bank, Anaheim Office, Anaheim, Cali- fornia, to be paid to the City at the close of escrow, or as soon thereafter as possible unless a written demand for the return of said money or instruments by a party to said escrow is delivered to said escrow holder subsequent`to such date and prior to the recording of any instruments provided for in said escrow. -1- Finance Dir Attorney R/W 2. That said property shall be sold subject to covenants, conditions, restrictions, reserva- tions, rights, rights of way and easements of record. BE IT FURTHER RESOLVED that the Mayor and City Clerk be, and they are hereby, authorized to execute a good and sufficient deed conveying to said North American Aviation, Inc., a Delaware corporation, the real property hereinabove described, and to deliver said deed into escrow at United California Bank, Anaheim Office, Anaheim, California, to be delivered to said North American Aviation, Inc., a Delaware corporation, upon com- pletion of the said escrow and the payment of the full purchase price as hereinabove provided. BE IT FURTHER RESOLVED that the City Clerk of the City of Anaheim 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 by the Mayor and the City Clerk on behalf of the City of Anaheim. THE FOREGOING RESOLUTION is approved and signed by me this 12th day of June, 1962. ATTEST: CI CLERK OF THE CITY OF ANAHEIM STATE OF CALIFORNIA COUNTY OF ORANGE CITY OF ANAHEIM I, DENE M. WILLIAMS, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution No. 62R -557 was introduced and adopted at a regular meeting provided by law, of the City Council of the City of Anaheim, held on the 12th day of June, 1962, by the following vote of the members thereof: AYES: COUNCILMEN: Dutton, Krein and Schutte. NOES: COUNCILMEN: Chandler. ABSENT: COUNCILMEN: Coons. AND I FURTHER CERTIFY THat the Mayor Pro Tem of the City of Anaheim approved and signed said resolution on the 12th day of June, 1962. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Anaheim this 12th day of June, 1962. (SEAL) ss. CITY CLERK OF THE CITY OF ANAHEIM