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HomeMy WebLinkAbout68-015RESOLUTION 68-15 AUTHORIZING EXECUTION OF A DEED FOR THE SALE OF SURPLUS PROPERTY TO BRUCE A. WALLACE FOR A CASH CONSIDERATION OF $5,590.0O W~EREAS, by action of the City Council on January 3, 1966, certain real property located on the west side of King Street at Tenth Street was declared to be surplus; and WHEREAS, heretofore, the City published a notice of sale of said surplus real property, hereinbelow described, at public auction to be held at a regular meeting of the City Council on December 18th, 1967, and at said time and place said property was sold to BRUCE A. WALLACE, the highest bidder for the same, in consideration of the sum of $5,590.00, $560.00 paid on acceptance of said bid and the balance of the purchase price to be paid through Escrow No. 55421-C opened with Security Title Insurance Company, Santa Ana, California; NOW, THEP~EFOP~E, BE IT P, ESOLVED: That the Mayor is hereby authorized to sign the escrow instructions, and the Mayor and the Clerk of the Council are hereby authorized and directed to execute a deed granting to BRUCE A. WALLACE, a married man, as his sole and separate property, all that real property in the City of Santa Ana, County of Orange, State of California, described as: Those portions of Lots 8 and 9 of lands of S. H. Finley, in the City of Santa Ana, as shown on a licensed surveyor's map recorded in Book 2, Page 9, Records of Surveys, in the office of the County Recorder of Orange County, California, described as follows: Commencing at the intersection of the center lines of King Street and Tenth Street, as shown on a map of Tract No. 1960, recorded in Book 126, Pages 20 and 21, Miscellaneous Maps, records of said Orange County; thence North 27° 30' 00" East, along said center line of King Street, a distance of 161.51 feet to the Northeast corner of the land described in the deed to the City of Santa Ana recorded May 1, 1961, in Book 5707, Page757, Official Records; thence North 62° 30' 00" West along said Northeasterly line a distance of 30.00 feet to the true point of beginning; thence South 27° 30' 00" West along a line that is parallel with and 30.00 feet Northwesterly from said center line of King Street, a distance of 111.75 feet to a tangent curve concave Easterly, having a radius of 60.00 feet; thence Southerly along the arc of said curve, through a central angle of 23" 33' 23", an arc distance of 24.67 feet to a non-tangent line that is parallel with and 25.00 feet Northwesterly from said center line of King Street; thence South 27° 30' 00" West, along said parallel line, a distance of 163.89 feet to a point on a non-tangent curve, concave Westerly, having a radius of 1050.00 feet, the radial to said curve at said point bears North 81" 07' 40" West, said non-tangent curve being the Easterly line of Fairview Street; thence Northerly along the arc of said curve, through a central angle of 18* 35' 05", an arc distance of 340.58 feet to a point on the Northeasterly line of said land conveyed to the City of Santa Ana; thence South 62~ 30' 00" East along said Northeasterly line 153.77 feet to the true point of beginning; RESERVING all vehicular access rights to said Fairview Street from the Westerly line of the above-described parcel; and place the same in the above escrow for delivery to said grantee. BE IT FURTHER RESOLVED: That there shall be filed concurrently herewith an agreement between the City and Purchaser, for recording, setting forth restrictions. -1- ARa ATTEST: CLERK OF THE COUNCIL PASSED AND ADOPTED by the City Council of the City of Santa at its regular meeting held on the 5th day of February, 1968. M~YOk' ~z ~ ~ STATE OF CALIFORNIA) COUNTY OF ORANGE ) CITY OF SANTA ANA ) SS I, DORIS M. BROWN, do hereby certify that I am the Clerk of the Council of the City of Santa Ana; that the foregoing Resolution was regularly introduced to said Council at its regular meeting held on the 5th day of February, 1968, and was at said meeting regularly passed and adopted by the following vote, to wit: AYES, COUNCILMEN: NOES, COUNCILMEN: None ABSENT, COUNCILMEN: None $ Nerrin, Bro6ks, Carlson, Griset, Markel, Thurman, McMic~ael CLERK OF THE COUNCIL -2-