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HomeMy WebLinkAbout4098 ~ ~. RESOLUTION NO. 4098 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA AUTHORIZING THE SALE OF CITY OWNED REAL PROPERTY TO A. A. MATHEWS, INC. WHEREAS, the City of Arcadia is the owner of the herein- after described real property, and has no present or foreseeable need for said property for any public purpose; and WHEREAS, said property is of such a size and location that it cannot be reasonably utilized for any purpose except in connection with the use of contiguous property owned by A. A. Mathews, Inc., a California corporation. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ARCADIA DOES RESOLVE AS FOLLOWS: SECTION 1. That the City of Arcadia hereby agrees to sell A. A. Mathews, Inc., a California corporation, the following described real property in the City of Arcadia, County of Los Angeles, State of California: That portion of Santa Anita Rancho, as shown on map recorded in Book 1, Page 97 of Patents in the office of the Recorder of Los Angeles County, bounded as follows: On the east by the westerly line of that parcel of land deeded to A. A. Mathews, Inc. recorded as Document No. 3425 on August 8, 1967, Official Records of said County; on the northwest by the southeasterly line of Lots 8, 9, and 10 of Tract No. 14744 as shown on map recorded in Book 305, Pages 4 and 5 of Maps in the office of said Recorder and. Lot 21 of Tract No. 15337, as shown on map recorded in Book 346, Pages 12 and 13 of Maps in the office of said Recorder; and on the southeast by the northwesterly line of Santa Clara Street, as described in City of Arcadia Resolution No. 3607, recorded on August 9, 1963, as Document No. 5909 in Book D-2140, Page 264, Official Records of said County. for the sum of $2,106.00. -1- 4098 ", .. SECTION 2. That the Mayor and the City Clerk are hereby authorized and directed to execute a Grant Deed conveying said property to A. A. Mathews, Inc., a California corporation, and to deUver said deed to the grantee upon payment to the City of Arcadia of $2,106.00. As additional.consideration, the grantee shall agree to initially develop said property as a parking lot in compliance with a letter submitted by the grantee to the City Manager on October 3, 1969, and shall agree that any lighting placed on said property shall be subject to approval by the Planning Department. Said agreements shall not constitute covenants running with said property nor encumbrances thereon. SECTION 3. The City Clerk shall certify to the adoption of this resolution. I HEREBY CERTIFY that the foregoing resolution was adopted at a regular meeting of the City Council of the City of Arcadia held on the 4th day of November , 1969, by the affirmative vote of at leas t three,. Councilmen, to wit: AYES: Councilmen Butterworth, Considine, Hage, Helms, and Arth NOES: None ABSENT : None City Clerk of .1n~ the City of Arcadia SIGNED AND APPROVED this 4th day of November , 1969. {l,/f'~_ ~ Mayor of the City of Arcadia ATrE~ii L $; Clerk . (SEAL) -2- 4098