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HomeMy WebLinkAbout1048 I ~\ ,~ ~ ...,;, . . t'- -~.. -.----". - --- .-=--=-""'-....,.-- RESOLUTION NO. '1048 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA ACCEPTING OFFER 01" JENNIE M. MOORE FOR CERTAIN REAL PROPERTY arlNED BY SAID CITY, AND AUTHORIZING THE EXECUTION OF GRANT DEED CONVEYING SAID REAL PROPERTY. THE CITY COUNCIL OF THE CITY OF ARCADIA DOES RESOLVE AS FOLLO'.:S: SECTION 1. WHEREAS, the City of Arcadia is the owner of approximately 1.31 acres of vacant real property lying between Sierra Madre Wash Channel and Perkins Drive, westerly from Santa Anita Avenue, which said real property is particularly described as follows: All that real property in the City of Arcadia, County of Los Angeles, state of California, described as: All that portion of Lots 5 and 6, Block 97, Santa Anita Tract, a:3 shown on map recorded in Book 34, Pages 41 and 42, Miscellaneous Records of said County, included within the following described exterior boundary line: Beginning at a p~int in the Southerly line of Lot 1, Tract No. 7473, as shown on map recorded in Book 93, Pages 51 and 52 of' Maps, records of said County; said point being distant 63.74 feet Northwesterly from the most Southerly corner of said lot; said point being also the apgle point in the Northerly line of Lot 7, Tract No. 11305, as shown on map recorded in Book 199, Page 18 of Maps, records of said County; thence Northwesterly along the Southwesterly boundary line of said Tract No. 7473, to the Northwesterly corner of aforesaid Lot 6, Block 97, Santa Anita Tract; thence Southerly along the Westerly line of said Lot 6, to the NOl'theasterly line of that certain 50 foot wide easement [;ranted by the City of Arcadia to the Los Angeles County Flood Control District, recorded in Book 16578, Page 20 of Official Records of said County; thence Southeasterly along said Northeasterly easement line to its intersection with the Northerly line of Lot 7, Tract No. 11305 aforesaid; thence Easterly along the Northerly line of said Lot 7 to the point of beginning, and, -l~ . \ ~..... '\~ . .. ~ WHEREAS, the City has received a cash offer from Jennie M. Moore, 0. widow, in the sum of FIVE HUNDRED ($500.00) DOLLARS for said real property, and WHEREAS, this council believes said offer to be equal to the fair market value of said property, and WHEREAS., it is deemed to be for the best interests of the City of Arcadia that said offer of said Jennie M. Moore be accepted, and WHEREAS,. there has been presented to this council a form of Deed for use in transferrine title to said property, NOW, THEREFORE, BE IT R2S0LVED, that the offer of said Jennie M. Moore, of the sum of FIVE HUNDRED ($500.00) DOLLARS, for payment in full for the real property described herein, be, and the same is hereby accepted. BE IT FU3THER RESOLVED, that the Mayor and City Clerk be instructed, and thl~y are hereby authorized to execute said Grant Deed, a copy of which is hereto attached, for and on behalf of the City of Arcadia. BE IT FURTHER RESOLVED, that the City Clerk be instructed and he is hereby authorized to procure at City expense, a policy of title insurance showing title to be vested in said Jennie M. Moore, free of all liens and encumbrances except those set out in said Grant Deed. SECTION 2. The City Clerk shall certify to the adoption of this Resolution. I hereby Gertify that the foregoine Resolution was adopted at a resular .meetine of the City Council of the City of Arcadia on the ~ay of July , 1940, by the affirmative vote of at least three Councilmen, to-wit: AYES: Councilmen, Adcock, Bolz, Leeper, Ormsby and Perkins NOES: None SiGned and approved this ~ ~-l9.Y of July ,1940. ABSENT: None. ATTEST: a~.;~~~ Mayor .~ ~~ -2-