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1965-244RESOLUTION 65R- 244 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM AUTHORIZING THE ACCEPTANCE BY THE CITY OF ANAHEIM FROM WRATHER HOTELS, INC. AND DISNEYLAND, INC. OF THE LEASEHOLD INTERESTS OWNED BY WRATHER HOTELS, INC. AND DISNEYLAND, INC. WITH REFERENCE TO REAL PROPERTY TO BE EMPLOYED FOR CIVIC CONVENTION CENTER PURPOSES. WHEREAS, public convenience and necessity require the acquisition, improvement and maintenance of a public improve- ment within the City of Anaheim to wit: a civic convention center; and WHEREAS, the City Council does find and determine that public interest and necessity require the acquisition by the City of Anaheim of the leasehold interests of certain real property for said civic convention center; and WHEREAS, the City of Anaheim did institute proceed- ings in eminent domain to acquire the real property covered by a certain lease from Anna Zahl to Wrather Hotels, Inc., a portion of said lease having been assigned to Disneyland, Inc. and said lease still being in full force and effect; and WHEREAS, the City of Anaheim has negotiated a set- tlement with Anna Zahl, the owner of the fee of said property; and WHEREAS, it is necessary that the City acquire all right, title and interest in and to the leasehold upon said property from Wrather Hotels, Inc. and Disneyland, Inc.; and WHEREAS, Wrather Hotels, Inc. and Disneyland, Inc. have agreed to assign, set over and transfer to the City of Anaheim all of their right, title and interest in and to the leasehold to said real property for the consideration of the City of Anaheim repaying to said Wrather Hotels, Inc. and Dis- neyland, Inc. their actual out of pocket costs and expenses in connection with the payments and expenses in keeping said lease current; and WHEREAS, said out of pocket expenses have been found and determined to be $127, 035.49; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that the generous offer of Wrather Hotels, Inc. and Disneyland, Inc. be accepted and that the Mayor and the City Clerk be, and they are hereby, authorized to accept said assignment of said leasehold for and on behalf of the City of Anaheim. BE IT FURTHER RESOLVED that the Finance Director of the City of Anaheim be, and he is hereby, authorized to pay to Assignors, Wrather Hotels, Inc. and Disneyland, Inc, the sum of $127,035.49 in consideration of their assigning, setting over and transferring of said leasehold interest on the property known and designated as the "Anna Zahl Property" on Katella Avenue between Harbor Boulevard and West Street. -1- THE FOREGOING RESOLUTION is approved and signed by me this 30th day of March, 1965. ATT,RT �r CIT L OF THE CITY OF ANAHEIM 4 STATE OF CALIFORNIA COUNTY OF ORANGE ss. CITY OF ANAHEIM 0 THE CI PRO TEM I, DENE M. WILLIAMS, City Clerk of the City of Ana- heim, do hereby certify that the foregoing resolution was passed and adopted at a regular meeting of the City Council held on the 30th day of March, 1965, by the following vote of the members thereof: AYES: COUNCILMEN: Pebley, Dutton and Schutte NOES: COUNCILMEN: None ABSENT: COUNCILMEN: Krein and Chandler AND I FURTHER CERTIFY that the Mayoi/ City of Anaheim approved and signed said resolution on the 30th day of March, 1965. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the City of Anaheim this 30th day of March, 1965. (SEAL) I CLE OF E CITY OF ANAHEIM