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HomeMy WebLinkAbout1719 RESOLUTION NO. 1719. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA APPROVING THE SALE BY SAID CITY OF CERTAIN REAL PROPERTY OWNED BY SAID CITY INCLUDING THE SITE OF THE CITY HALL THEREIN, AND PROVIDING FOR THE EXECUTION OF APPROPRIATE INSTRUMENTS TO EFFECTUATE SAID SALE. THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA. DOES HEREBY RESOLVE AND DETERMINS AS FOLLOWS: SECTION 1. WHEREAS, by the provisions of Resolution No. 1697 and Resolution No. 1698., both regularly adopted~ August 19.. 19471, it was found and declared that the )public' interest and convenience required that the public building, known as the City Hall. and the site thereof. and other real property owned by said City, as in said resolutions more particularly described. be disposed of and conveyed, and- \1HEREAS, on SepteMber 2. 194~, in pursuance of the provisions of said Resolutions said real~roperty. des~ cribed as: Lots 14 to 17 inclusive. Lots 25 to 31 inclusive. and Lots 33 and 34. in Block 74 of Arcadia Santa Anita Tract in the City of Arcadia, County of Los: Angeles, State of California. as per Map recorded in Book 15. Pages 89 and 90 of Miscellaneous Records of the County Recorder of said County;: Except the northerly ten (10) feet of said Lots' 14 and l~ included within the alley vacated by Ordinance 231. adopted by the City Council of the City of Arcadia on the 4th day of December. 1929, and Except from said Lot 14. the westerly eight (8)' feet thereof. and Subject to the easeMent for street purposes over the easterly ten (10) feet of said Lots 15. 16 and 171 and over the southerly twenty (20) feet of said Lots, 14 and 15. was d~ly sold by sealed bId to G. E. KINSEY OPERATING COMPANY. INC. tor the sum of $100.000.00 in cash. and \1HEREAS., an escrow agreement has been prepared for the purchase of said property and it is necessary for the cons~ation of said sale that a deed to the said property, ~+-\.>' ~<o together with an- agreement between the City and the purchaser for the use and occupancy of certain buildings including the City Hall by the City on a temporary basis, be executed by the City" NOW, THEREFORE, BE IT RESOLVED that the sale of the afore- mentioned rea.l property by the City of Arcadia to G. E. Kinsey-- Operating Company. Inc.. for the sum of $100.000.00 cash. be and the same is hereby approved. further that the Mayor and City Clerk of the City of Arcadia be and they are hereby authorized to execute on behalf of the said City an appropriate escrow agreement for said sale and purchase, a deed to the purchaser conveying to said purchaser the properties hereinabove described and an agreement providing as aforesaid for the temporary use and occupancy by the City of the buildings on said property. SECTION 2. The City Clerk shall certify to the adoption of this Resolution. I HEREBY CERTIFY that the foregoing Resolution was adopted at a regular ~eeting of the City Council of the City of Arcadia. held on the 21st day of October. 1947~ by the affirmative vote of at least three CouncilMen. to wit~ AYES: CClunC ilmen. Adcock. Leeper, Nugent. Orms by and Rus sell NOES: Ilone ABSENT:' None ~ ~/~,..,.,o?;.( City C erk of the City of Arcadia SIGNED and APPROVED this 21st day of October. 1947~ r};,. % awutf# . Mayor of the Cit of Arcadia ATTEST :: ~~u~~ Gi Y Olerk -2_ ,,,,r ,-,'