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HomeMy WebLinkAbout4585 RESOLUTION NO. 4585 A RESOLUTION OF THE CITY COUNCIL O~ THE CITY OF ARCADIA AUTHORIZING THE PURCHASE OF CERTAIN PROPERTY AT 542 FAIRVIEW AVENUE, CITY OF ARCADIA, CALIFORNIA FOR PARK PURPOSES WHEREAS, the City of Arcadia has, for some considerable time, been interested in purchasing the hereinafter described real property for park purposes; and WHEREAS, the property is presently being offered for sale by N. Christian Datwyler and Sally S. Datwyler; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ARCADIA that the purchase of said property by the City of Arcadia is hereby authorized, and the agreement attached hereto as Exhibit "A" between the City of Arcadia and N. Christian and Sally S. Datwyler is hereby approved and ratified, and the Director of Public Works' execution of aforesaid agreement is hereby approved and ratified. BE IT FURTHER RESOLVED that the Director of Public Works is authorized to execute any additional documents necessary to obtaining legal title to said property. I HEREBY CERTIFY that adjourned /regular , the foregoing resolvtion was adopted at an meeting of the City Councilor the City of Arcadia held on the 28th day of October , 1976, by the affirmative vote of at least three Councilmen, to wit: -1- 4585 AYES: Councilmen Gilb, Margett, Parry,'Saelid and Lauber NOES: None ABSENT: None SIGNED AND APPROVED this 28th day of October , 1976. M~ ,,~ Ci y.,of Arca ~a . 4~)~ (SEAL) -2- 4585 ( " STATE OF C^,.IFOltNIA, COU/lty ot~6."Lllll!,df_~_____________ _ },'" Ct' ( oN_f.'::'J!..L/lfLL-\J .J!.'-___" ___, 19'/2_, brfore mr, lltr undersig/led a Notary Public in and for the Slate of Caltforn.ja with flTwcipal office in the ~O;mIY o{ ;t.i!LU_{~_flJU!!._, ' ?".ro/loll)' ojJflrored " n ()IIIL,Jt.i{t~ ;{tl tAl';/:P'V tI,,,r( J,,~d(y xi JJJnti..v'jUv loltmm tn rill; to br thr IlrrJOll...o-.:. W/IO,ft: llflfHr4_,- _.____LlLkv____. __.___ .wb.rcrihrd to 0,,: withh, !rU/.fll",rllt, (Iud nCk'lnlul,r1gcd (0 me Ihat _tiu~y__ ,xccuJtd tIu ,ramf-. lY /7 N /',SS my "and arid officIal unl: d _ ~:ci2.j"~'" ,,:' "I ^ /, jT '-<':. "\(.:,i-\;:'~~-. I~ 1,' "'c/i:,p' ~ ,,~ t;;' Z .. 0 o' -t ~ r." l> '"r- O..:?~. (1 ~ '.!. 0 ~ !:~ 'I 2. ~; ~! ~! () :(~ * (;);.~ ~\I l'fl () M'" - t=~~r(iIF g Ul ~. . t'0 () ~ n --\ (J'l ~ ~g?;):> ~ ....-~:_:;;:Qr ~ :Jzg <X> z j; (] {( (If) ( SIGNATURE OF' NOT.....RY: feOR THE ST"TE OF' CALIF'ORNIA , -" N01"'RV.S "l^ME "'NO CO"'Io4ISSION f:lU'IR"'T'O~1 D"'TE ,.RlNTEO IIL/("='- 111r-1 :),'uw E JG,,1078 PURCI~SE AGREE~lliNT IT IS AGREED between the CITY OF ARCADIA, a Municipal, Corporation, herein referred to as "Purchaser" and N. ClffiISTIAN DATWYLER AND SALLY S. DATWYLER, husband and wife, herein collectively referred to as "Sellers" shall sell and Purchaser shall buy the hereinafter described real property on the following terms and conditions: 1. Sellers shall execute and deliver, a grant deed of said property' to the Purchaser at which time Purchaser shall take possession of said property which deed shall be recorded by a title company, selected by the Purchaser, when said title company can issue and deliver its policy of title insurance in the amount of $110,000 to the Purchaser showing title vested in the Purchaser free and clear of all encumbrances. 2. Current taxes shall be prorated to the date of recording of said deed. 3. When the deed is recorded, the Purchaser shall pay to Sellers the sum of $10,000 and the balance of $100,000 shall be paid on or before 120 days from the effective date of this agreement less any amount for prorated taxes pursuant to Paragraph 2. 4. Sellers shall execute any documents required by the title company in order to issue said 'policy of insurance. 5. Purchasers shall pay the cost of the title policy and ordinary expenses of transferring title, if any. 6. Said property is connnonly known as 51,2 FairvJ.ew Avenue, in the City of Arcadia, County of Los Angeles, State of California, more particularly described -r as follows: The West 95.19 feet measured along the 'North and South lines of Lot 30, Tract No. 3430 as shown in Book 42, Page 32 of Maps in the Office of the Recorder of Los Angeles County. .' IN WITNESS WHEREOF, Purchaser and Sellers have caused this within agreement t,o be executed this /3~ day of Oc;t= 1976. Dated /o-/....?.. 7t:: lISe11 erg't I " "Purchaser" CITY OF ARCADIA ?;;,~ l<l?//'/M~../ r., /' .' !' ;' .' I ,:' ,/. , / . N. CHRISTIAN DATWYLER ..,) /. ' .. //'i .." /.( '//~/.-./ ., . . o ,-.,," I": (i ",,': ~_ .,.' I " .', I ,I I ( SAL~Y, S. DATWYLE~' 4585 ~-